Best of the Brokers for 21 May 2015 May 20, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com CINEWORLD Numis reiterated its “add” rating on the cinema group, ahead of its AGM statement, due to be published next week. The broker expects Cineworld to underperform the market in 2015. NATIONAL GRID Whitman Howard reiterated its “sell” rating on the utility company [...]
Bid talk for Vodafone and forex bank fines prompt a FTSE rally – London Report May 20, 2015 SPECULATION of a takeover bid for telecommunications giant Vodafone sent its share up yesterday – and the FTSE 100 along with it. Britain’s top share index climbed back towards earlier record highs also buoyed by gains in major bank stocks. The blue-chip FTSE 100 index ended up 0.2 per cent at 7,007.26 points, close to [...]
US stocks fall on Fed inaction – New York Report May 20, 2015 US STOCKS ended a touch lower yesterday after Wall Street saw little in the minutes from last month’s Federal Reserve meeting to alter expectations of when the central bank will raise interest rates. Following the minutes’ release, the Dow and S&P 500 pushed into record territory before giving up their gains. Officials at the Fed’s [...]
How energy subsidies are teaching the EU an invaluable lesson in competition May 20, 2015 Of all the functions performed by the EU, competition policy is arguably the most important – and where it could stand to do the most good. Unfortunately, many of the Commission’s attempts at trust-busting have been misguided. Last month, for instance, its authorities issued formal charges against Google. And last week, we found out that [...]
The global economy is vulnerable – but we must stop panicking about deflation May 20, 2015 As UK inflation turned negative in April, some took the news as yet more evidence that the spectre of deflation haunts the world economy. Deflation is all too often seen as a dark cloud hovering over the horizon, about to unleash its destructive force. But deflation and depression are not synonymous. The Great Depression in [...]
Silver entrepreneurs: Why UK pensioners are setting up businesses May 20, 2015 As filming for The Apprentice 2015 gets underway in the City, we’ll soon be introduced to the latest hopefuls, all keen to be Lord Sugar’s business partner, and bag the £250,000 investment for their business idea. While the previous participants have tended to be in their early 20s to mid-30s, I can’t help but wonder [...]
As Japanese growth picks up pace, can we expect QE in the Eurozone to be as successful? May 20, 2015 Christian Schulz, senior economist at Berenberg, says Yes Since early 2013, when Japan’s QE became imminent, its average quarterly annualised GDP growth rate has risen to 1 per cent, from 0.2 per cent in 2011/12. In the Eurozone, with the European Central Bank (ECB) launching QE, GDP expanded by 1.6 per cent in the first [...]
Crowdcube’s Luke Lang on what sort of people invest on crowdfunding platforms May 20, 2015 1. Smart money invests over lunch The most popular time to invest is at lunchtime and straight after work, between 5-6pm The online investment model is perfect for professional people who can find, review and invest in a variety of businesses, at a pace that suits their busy lifestyle. The majority of our investors [...]
Destiny: House of Wolves – game review May 20, 2015 ★★★★☆ If you’re even a causal gamer, you’ll know all about Bungie’s massively-multiplayer first-person shooter, Destiny. Moreover, you’ll already have made your mind up about it: either you think it’s a tedious, repetitive grind and you hate it, or you think it’s a tedious, repetitive grind but you find it strangely compelling and you [...]
Fitness Tracker: The best running apps to use with your Apple Watch May 20, 2015 It’s been almost two weeks since I decided to get fit again, using technology to help to keep me motivated. This week I’ve been trying out different running apps to see which ones are the most helpful, with a focus on those I can use with my Apple Watch. It’s worth pointing out that as [...]
