Scotland favoured over another Trip To Paris July 30, 2015 BILL ESDAILE PREVIEWS TODAY’S RACING AT GLORIOUS GOODWOOD ASCOT Gold Cup winner Trip To Paris attempts to join a roll of honour in this afternoon’s Qatar Goodwood Cup (3.10pm) that includes the likes of Yeats and Persian Punch. Ed Dunlop’s colt rewarded followers of this column with an impressive win at Ascot, but now looks [...]
Career change: It’s not all about you July 30, 2015 The LSE’s Jesse Potter looks at the crucial questions we can forget to ask when moving into a new job THE DECISION to change careers is, for many, the most difficult of their lives. When to make the leap from one industry to the next, or to a competing firm within the same field, [...]
How crowdfunding will revolutionise R&D: What platforms offer the world’s most innovative businesses July 30, 2015 Iriss Medical recently closed a round on Seedrs, 197 per cent funded. The company makes an innovative medical device which performs automatic eye tests aimed at the early detection and prevention of lazy eye in children. It raised £491,387 for 4.92 per cent equity. Over the past decade, donation-based crowdfunding has played a reasonably [...]
Best of the Brokers for 30 July 2015 July 30, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com CENTRICA Whitman Howard reiterated its “buy” recommendation on the utility company ahead of today’s interim results. The broker said: “Given we do not foresee any surprises in the results themselves, of greater interest might be the outcome of the strategic review.” Target price [...]
Pharmas cure the FTSE after Compass loses its bearings – London Report July 30, 2015 BRITAIN’S top share index advanced yesterday, with Hikma Pharmaceuticals leading the market higher on positive broker comments. The blue chip FTSE 100 index closed 1.2 per cent higher at 6,631.00 points after rising 0.8 per cent in the previous session, when it ended a five-day losing streak. Hikma shares were the biggest gainers after a [...]
Compass loses way on weak results in energy and mining July 30, 2015 COMPASS shares guided south yesterday, after the catering giant warned that restructuring costs would hit profits, after a weaker performance from its energy and mining clients. The FTSE 100 firm said that a restructuring plan to reduce costs in its offshore and remote business and in some emerging markets will wipe £20-25m from its operating [...]
Hangover for Mitchells & Butlers as drinks revenues slide lower July 30, 2015 PUBS and restaurants group Mitchells & Butlers disappointed investors yesterday with a decline in third-quarter drinks sales and a warning that the increase in minimum wage will increase its costs. Shares in the FTSE 250 firm fell around 1.4 per cent by early afternoon, before closing 1.62 per cent down at 388.4p. Like-for-like drink sales [...]
Antofagasta pushes production up after challenging first quarter July 30, 2015 Chile-based miner Antofagasta yesterday reported an improvement in production during the second quarter, after difficulties with protesters at its Los Pelambres mine and heavy rains and Centinela hit results in the first three months of the year. Copper production was up to 157,000 tonnes, an increase of 7.2 per cent on the first quarter, although [...]
Tullow Oil profit halves as price of oil stays low July 30, 2015 Tullow Oil posted half-year results in line with expectations yesterday, despite the continuing weak oil price leading to significant drops in revenue and profit. Revenue was down by 35 per cent in the six months to 30 June, from $1.27bn (£811m) to $820m, while gross profit plummeted by 50 per cent, from $681m to [...]
City A.M. backs Lord Mayor’s City Giving Day July 30, 2015 Lord Mayor Alan Yarrow and Lawson Muncaster, the managing director of City A.M., attended a launch breakfast for City Giving Day at Mansion House yesterday. The event, which is backed by City A. M. and will be held on 30 September, celebrates the City’s contribution to charities. Muncaster said: “As businesses in the City, it is [...]
