Best of the Brokers for 17 July 2015 July 16, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com ARM HOLDINGS Numis reiterated its “buy” recommendation on the chip maker and said that despite some “significant market share swings” which are causing some supply chain data points to look weak, it believes the group’s royalty growth prospects are “strong in the near [...]
FTSE edges up but can not beat rise in Eurozone – London Report July 16, 2015 BRITAIN’S top share index edged higher yesterday, though without matching the gains seen across the Eurozone after Greece’s parliament approved austerity measures, with US-exposed stocks getting a lift. The FTSE 100 index closed up 0.6 per cent, at 6,796.45 points, lagging a 1.5 per cent rise for the Euro STOXX 50, with peripheral Eurozone markets [...]
US tech stocks and Greek vote boost markets – New York Report July 16, 2015 WALL Street ended stronger yesterday, with the Nasdaq up more than one per cent at a record high after earnings reports from eBay and Netflix boosted optimism. Google’s shares jumped more than 13 per cent after the bell following a better-than-expected profit report. Sentiment was also bolstered after the Greek parliament voted in favor of [...]
Why London must retain its lead as the world’s number one retail destination July 16, 2015 One thing underpins Britain’s economic recovery more than anything else: the resilience and potential of London’s economy. While the capital’s financial sector was first to feel the pain nearly a decade ago, London has also led the UK’s economic fightback – attracting global investment, growing employment and pushing up living standards. We are the world’s [...]
Three reasons why the UK’s jobs recovery is not running out of steam July 16, 2015 What should we make of the surprise increase in unemployment this week? The jobless rate went up and employment fell. The number of unfilled vacancies also dropped slightly. Is this a sign that the UK jobs recovery is running out of steam? I think not, for three reasons. First, the period these unemployment figures cover [...]
HMRC debt recovery powers to raid bank accounts ride roughshod over Magna Carta principles July 16, 2015 Buried in the hefty tome presented to the House of Commons at the Budget last week were these 36 words: “Direct recovery of debts – This government will introduce legislation to modernise and strengthen HMRC’s powers to recover tax and tax credit debts directly from debtors’ bank and building society accounts, including funds held in [...]
As Germany’s Schauble says Grexit may be the best way forward, is the deal designed to fail? July 16, 2015 Desmond Lachman, resident fellow at the American Enterprise Institute, says Yes Wolfgang Schauble is certainly right to suggest that Grexit would be in Greece’s own interest. The economic programme that the Troika imposed on it last weekend is very little different in substance from those policies that have failed so spectacularly in the past. Specifically, [...]
Office charmer: Tips for faking charisma at work July 16, 2015 Practise striking a pose and start reading works of fiction If beauty is in the eye of the beholder, then so is charisma. It was German sociologist Max Weber who first opined that personal magnetism was not a God-given gift but merely the perception of those around us. Most introverts will never have [...]
Theatre review: Constellations is a beautiful and sad play about life’s possibilities July 16, 2015 Trafalgar Studios | ★★★★☆ A disconcerting and comforting thought: everything that has ever happened, every permutation of what could possibly take place, is taking place now, forever, and stretched back infinitely into the past. It’s a point drummed softly but precisely home in Nick Payne’s thoughtful play Constellations, in which bee-keeper Roland and cosmologist Marianne [...]
Film review: True Story lacks direction July 16, 2015 Cert 15 | ★★☆☆☆ True Story takes a fascinating premise and does its best to drown it with clumsy story-telling and a lack of clear direction. The film, which really is based on a true story, begins with two men on opposite sides of the world introducing themselves as Michael Finkel from the New York [...]
