Best of the Brokers for 17 April 2015 April 16, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com ZOOPLA Berenberg Bank initiated coverage of the property portal with a “buy” rating and a target price of 250p. It believes that the disturbance to Zoopla from new competitor, Agents Mutual, will only be short-term, and could create a buying opportunity for Zoopla. [...]
FTSE off its record high as Pearson’s shares are knocked – London Report April 16, 2015 BRITAIN’S top share index slipped off record highs on Thursday, with media group Pearson underperforming after a newspaper report of a glitch in a lucrative contract. The blue-chip FTSE 100 index initially rose to an all-time high of 7,119.35 points but then edged back and closed down 0.5 per cent at 7,060.45 points. Pearson fell [...]
Earnings fears hit US stocks – New York Report April 16, 2015 US STOCKS ended marginally lower yesterday as lingering worries about upcoming corporate earnings reports offset enthusiasm about a trio of soaring Wall Street debuts. Weighing on the S&P 500 were Apple and General Electric, which is expected to report its first-quarter results today before trading begins. Netflix closed 18.21 per cent higher after the video [...]
Britain’s anti-immigration arms race could make the housing crisis worse April 16, 2015 With the polls still tight, the battle between the two main political parties over who has the strongest policy on controlling immigration is reaching its peak. Yet the contest to be crowned toughest on immigration threatens to jeopardise efforts to address one of the other big issues of the election campaign – the chronic shortage [...]
Don’t get suckered by the anti-Europeans: The EU is already being reformed April 16, 2015 As the election nears, policy promises are coming thick and fast: “the NHS, schools, the economy and jobs will be safe in our hands and ruined in theirs” – or words to that effect. Likewise, when it comes to Europe, the differences between parties appear stark. But they all make one point in different ways: [...]
China is not in trouble: Its economic potential is only just being realised April 16, 2015 The question of whether China will experience a hard or soft slowdown from the towering growth figures it has become accustomed to crashed back into the news this week. The latest official figures showed that GDP grew at its slowest pace for six years in the first quarter of 2015, at an annualised rate of [...]
As Greece comes close to defaulting on its debt, is a Grexit now more likely than not? April 16, 2015 George Efstathopoulos, co-portfolio manager at Fidelity Solutions, says Yes As liquidity constraints in Greece become more real, a Grexit is growing more likely by the day. While a possible Greek default on its payments to the IMF (recently suggested by Greek officials) may not directly result in Grexit, such an event could be perceived as [...]
How to build workplaces fit for Generation Y April 16, 2015 You don’t need the budget of Google to ensure your office attracts new talent. The UK population is ageing, and as older employees edge closer to retirement, the less influence they will have on how the workplace of the future is shaped. Instead, it is Generation Y – those under the age of 35 – [...]
Art review: Hue’s she? Sonia Delaunay April 16, 2015 Tate Modern | ★★★★☆ Sonia Delaunay’s life story is every bit as colourful as her paintings. Born in Odessa to an aristocratic family in 1885, she moved to Paris in 1908 where she married the gay art dealer Wilhelm Uhde, divorced him, married her lifelong collaborator Robert Delaunay, moved to Portugal, moved back, and eventually [...]
Something for the weekend April 16, 2015 EAT! THE BULL AND GATE It took its time, but the Bull and Gate in Kentish town finally returns this weekend after a meticulous renovation. Head upstairs to the Boulange Bar for a salubrious mix of velvet upholstery and the finest in British seasonal cooking. bullandgatenw5.co.uk LAUGH! BAC FUNDRAISER Last month’s fire at Battersea Arts [...]
