Best of the Brokers for 13 January 2014 January 12, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com ASTRAZENECA UBS has started covering the pharmaceutical giant with a “buy” rating and a target price or 4,000p. The broker thinks AZ’s earnings outlook is tough until 2017 as the firm prioritises investment, but thinks this will store up a strong pipeline of [...]
London Report: Retailers reveal where tills rang for Christmas January 12, 2014 RETAILERS are expected to reveal where UK shoppers showed their Christmas cheer, with a round of results in contrast to last week’s gloomy December tidings. Figures out this week from retailers such as Argos, Asos, Dixons, Ocado and Primark are expected to show increased sales. The successes are in contrast to the sales dips seen [...]
Wall St The Week Ahead: Big banks will set pace in new earnings round January 12, 2014 AFTER the S&P 500’s impressive 30 per cent return in 2013, Wall Street will get a better picture of reality this week as the pace picks up for companies reporting earnings. A number of big banks are due to report quarterly and full-year results, including JPMorgan Chase and Wells Fargo tomorrow, Bank of America on [...]
The three geopolitical red herrings that won’t spook markets this year January 12, 2014 EACH year, we release our Top Risks report, where we consider the ten biggest geopolitical threats to markets and economies, judged by probability and potential impact. What’s at the top of our list for 2014? Uncertainties about America’s foreign policy and China’s ambitious domestic reforms create the potential for volatility and surprises this year and, [...]
City Matters: Why the City will lose out if its fails to capitalise on London’s diversity January 12, 2014 EAGLE-EYED City workers may have already spotted this, but there are some slightly unusual adverts on the side of their buses this year. Alongside the regular adverts for London attractions and products, three buses have been specially wrapped to enable 34 organisations to proclaim that “We are all dedicated to diversity”. While commuters can be [...]
How the EU has used the environment as a protectionist weapon January 12, 2014 THE EU has long claimed a reputation as a promoter of free trade – for breaking down boundaries, and allowing capital and goods to flow across borders without hindrance. But protectionism hasn’t disappeared; it’s just taken on a more subtle form. The EU has been using the environment as a trade weapon. Late last year, [...]
Letters to the Editor – 13/01 – Why we don’t save, Best of Twitter January 12, 2014 Why we don’t save [Re: Our pension system is broken. We must tear it up and start again, Friday] Thie author’s comparison of Britain’s pension system with Australia’s is interesting and informative. But there are several blocks towards encouraging a savings mindset in Britain. First, there is no safeguard against misappropriation in the future. Secondly, [...]
Army veteran tapping into the global gaming market January 12, 2014 Annabel Palmer talks Grand Theft Auto and going East with Paul Sulyok, founder of commerce platform Green Man Gaming COMPUTER games have come a long way since Spacewar! was created in 1962. Last year, Grand Theft Auto V took $2.2bn (£1.33bn) within its first week after launch – a feat even Hollywood’s biggest blockbusters would [...]
Gimme 5 January 12, 2014 …FREE APPS FOR ENTREPRENEURS Asana asana.com/apps WHAT: Task management app offering real-time interaction across a company. WHY: “I can get more done with less effort. It keeps me on the pulse of what’s going on back at the office,” says Will Swannell, founder of venue booking service Hire Space. Citymapper citymapper.com WHAT: A transport app [...]
11 things to know about Val d’Isere January 12, 2014 It’s the ski destination to the great and good. Slopes veteran Cally Squires gives the lowdown on how to get the most out of this stunning downhill paradise 1. Ski with the crème de la crèmeThe resort hosted the Alpine Skiing World Cup last year, which saw golfer Tiger Woods turn out to support girlfriend [...]
