Here comes the rain so go with Balding inmate August 14, 2015 BILL ESDAILE PREVIEWS TOMORROW’S RACING WITH more biblical rain expected to fall on Berkshire today, there is every chance that tomorrow’s Hungerford Stakes (3.45pm) at Newbury will be run on unseasonably soft ground. When bookmakers priced up the Group Two seven furlong contest earlier in the week the likes of Safety Check, Home Of The [...]
Champions Chelsea can prove their class August 14, 2015 ACCORDING to the bookies the title is set to be fought out between these two clubs and just a week into the new season we have the first big battle. It just shows how fickle the betting markets have become that the favourites for the league have flip-flopped after Chelsea drew at home to Swansea [...]
Aston Villa v Manchester United: Expect goals galore at Villa Park August 14, 2015 The after work drinks crowd will come face-to-face with an unusual sight tonight: Premier League football. A one-off for this season it will give a flavour of things to come next year, when Friday evening fixtures are part of the new TV deal for 2016-17. The clash between Aston Villa and Manchester United looks an [...]
Why you should probably cancel all your meetings August 14, 2015 My meetings are…” What word would you use to complete that statement? If the first that comes to mind is “awesome”, “relevant”, “timely” or “value-generating”, I congratulate you. You’re in a tiny minority and you should probably be writing this article, not reading it. It’s far more normal to hear words like “overlong”, “frequent”, [...]
Best of the Brokers for 14 August 2015 August 14, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com CLS HOLDINGS Liberum has raised its target price from 2,040p to 2,170p and kept its “buy” rating on the back of CLS’ strong results for the first half of the year. The broker has increased its net asset value estimates by two per [...]
FTSE levels out on better news from Beijing – London Report August 14, 2015 BRITAIN’S top index ended flat yesterday as easing concerns over China’s economy helped to offset the impact of falling oil prices and a large number of ex-dividend companies. The blue-chip FTSE 100 index closed down 2.86 points – effectively flat in percentage terms – at 6,568.33, trimming the gains seen earlier in the session and [...]
Quarto Group losses widen to spark sell off August 14, 2015 BOOK publisher Quarto Group announced a near $2m (£1.3m) loss in its half year results yesterday, sending shares crashing nearly 12 per cent. The loss is a significant widening on figures from 2014, when first half losses were declared at $600,000. The increased losses have been pinned on rising costs, as group revenue has increased [...]
Infinis reports strong first quarter but concerns blow in over levy August 14, 2015 INFINIS Energy yesterday reported a “strong” first quarter, saying it was on track to hit full-year expectations. It said it had generated more energy in the period and costs and prices met expectations. However, a fly in the ointment is the government’s decision to scrap the climate change levy just as Infinis attempts to complete [...]
Crowdfunding platform set up to help students August 14, 2015 A FINANCIAL technology start-up is attempting to revolutionise student finance by dramatically reducing the cost of student loans. EdAid, which, pending approval by the Financial Conduct Authority, will launch in September, and is offering prospective students an alternative to government loans through a digital crowdfunding platform. Under the programme, the loans will be repaid at [...]
Glencore to cut capex by $800m as mining is hit August 14, 2015 MINING and commodities giant Glencore yesterday announced it would be cutting capital expenditure for the second half of the year, reducing its previous upper estimate by $800m (£513m) to $6bn. Its half-year production report also revealed that the value of its oil operation in Chad could fall by as much as $790m from its previous [...]
