Best of the Brokers for 26 March 2015 March 25, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com GREEN DRAGON GAS Cantor Fitzgerald reiterated its “buy” rating on the gas firm after it revealed its GSS 008 well had completed seven years of production with no decline in production rates. The broker said the news demonstrates that the firm can “successfully [...]
Barclays and ARM weigh on FTSE amid a little sun from TUI – London Report March 25, 2015 BRITAIN’S leading share index gave up early gains yesterday, led down by a late drop in chip designer ARM and a fall in Barclays after a broker downgraded the stock. The blue chip FTSE 100 index was down 28.71 points, or 0.41 per cent, at 6,990.97 points by the close, having hit a record intra-day [...]
Tech slump hits Nasdaq – New York Report March 25, 2015 A SLUMP in technology and biotechs yesterday sent the Nasdaq to its biggest decline in nearly a year, while the S&P 500 fell through key support levels. The Dow Jones industrial average fell 292.6 points, or 1.62 per cent, to 17,718.54, the S&P 500 lost 30.45 points, or 1.46 per cent, to 2,061.05 and the [...]
It’s high time Britain faced up to the risks of radical devolution of power March 25, 2015 In all the sound and fury of the coming election, it’s important not to forget the areas where the parties agree. This includes support for much greater “localism” and devolution of power from central government – and not just to Scotland. One example is George Osborne’s support for an elected Manchester “super mayor”, a move [...]
Why crime is falling – and it’s nothing to do with the slow death of capitalism March 25, 2015 Economic statistics are the bane of forecasters’ lives. Cynics might say that this is because the data reveal how bad their predictions are. But a big practical problem is that initial estimates of the state of the economy can be revised substantially. These issues are as nothing compared to statistics on crime. The Crime Survey [...]
Why women on boards are good for business March 25, 2015 Yesterday’s release of the latest government report into gender diversity on the boards of the UK’s biggest companies brought some excellent news for those businesses, the broader economy and society. Four years on from the original survey, Lord Davies finds that female representation has almost doubled to 23.5 per cent, and only 17 more women [...]
As HS2 is lambasted by a Lords report, is there “no convincing case” for the project? March 25, 2015 John O’Connell, director of the TaxPayers’ Alliance, says Yes HS2 should be scrapped. It is based on a bad business case that unravelled as soon as it was presented, and the Lords report should be the final nail in its coffin. The initial business case assumed average passenger income of around £70,000. Were that to [...]
Confidence knock? How the election is hitting businesses March 25, 2015 HOW CONFIDENT do high-growth companies feel about the coming year? For The Leap 100, the future looks bright. A whopping 98 per cent were either optimistic or very optimistic about their business’s prospects over the next 12 months, and 83 per cent expect the state of the economy to improve or greatly improve. Significantly, however, [...]
Entrepreneurs aren’t afraid of a setback: Optimism is in their nature March 25, 2015 STARTING a business is not for the faint-hearted. You need to be an optimist. While many of us see the metaphorical glass as either half full or half empty, for entrepreneurs it’s overflowing. This exuberance is rational. Before you can convince others that your idea will change the world, you must first convince yourself. For [...]
Touching down March 25, 2015 Andy Baker explains how turning to crowdfunding is transforming opportunities for a growing rugby company IN THE complex world of sports development, sustainable funding is a key ingredient for success. In this Rugby World Cup year, this is why we looked to crowdfunding to secure a £150,000 investment in Trys Rugby. We are an adult [...]
