BEST OF THE BROKERS September 29, 2011 BABCOCK INTERNATIONAL JP Morgan Cazenove rates the defence and security services group “overweight”. Its analysts are impressed by the size of the opportunity for the group’s support services division, as well as the potential to improve margins by changing the contract mix. Babcock trades on an enterprise value to Ebitda multiple of eight times, more than [...]
FTSE falls on worries of China and copper losing momentum September 29, 2011 BRITAIN’S leading share index fell back yesterday, bucking firmer trends from both US and European equity markets and under pressure from big falls by heavyweight miners on lower copper prices amid concerns over future demand. Traders highlighted some anxiety over growth from major metals consumer China ahead of official September PMI numbers, due out on [...]
Wall Street closes up after rocky day September 29, 2011 US stocks mostly rose in a volatile session yesterday as stronger-than-expected economic data and German approval of a beefed-up Eurozone crisis fund relieved two of the worst fears hanging over the market. But the Nasdaq was knocked lower by a brutal sell-off in US-listed Chinese stocks on news of a probe into accounting practices and [...]
Homes that offer jolly good sports September 29, 2011 THE hype around the Glorious Twelfth this year was enough to get even life-long townies interested in shooting. There is something quite exciting about going out to the “country” to pad about in wellies and a Barber jacket. “People love buying outdoor sporting homes,” Luke Morgan, a partner at The Buying Solution, tells me, “it [...]
DARTFORD, KENT September 29, 2011 HARDY’S GATE Price: £375,000 This four bedroom home would be ideal for a family. It has an open-plan kitchen and breakfast room, a separate living room and a large bathroom. The master bedroom has an en-suite and fitted wardrobes. Contact: Crest Nicholson on 0870 757 8188 or go to www.crestnicholson.com MAPLESCOMBE OAST Price: £995,000 This [...]
SELL September 29, 2011 MANAGING DIRECTOR OF CENTRAL LONDON ESTATE AGENCY, KAY & CO Q.I have a small patio garden at my house in central London but am considering putting up a conservatory in the space so that I can use it all year round. Will this help me when I sell? A.On the face of it this seems [...]
PROPERTY NEWS September 29, 2011 BUYING NOW CHEAPER THAN RENTING Falling house prices and increasing rental demand has made it cheaper to buy than rent in 45 of the 50 largest towns across Britain. The cost of renting is now 13 per cent higher on average than the cost of owning, according to the latest research from property website Zoopla.co.uk. [...]
Winterbottom: Highlight at the BFI London Film Festival September 29, 2011 TICKETS are selling fast for events at this year’s 55th BFI London Film Festival. With the glitzy premiere, 360, starring Rachel Weisz, Sir Anthony Hopkins and Jude Law opening the fortnight on 12 October, no wonder the event is proving popular. Last year, all eyes were on the King’s Speech, which went on to pick [...]
Great for kicks, not for thrills as spooks get sentimental September 29, 2011 THE DEBT Cert: 15 Dame Helen Mirren has swapped comic Russell Brand’s antics for serious action as secret agent, Rachel Singer. An English remake of an Israeli espionage thriller, the Debt flits between the 1960s when three Mossad agents capture the Surgeon of Birkenau, one of Hitler’s henchmen, and 1997, when Singer, celebrated for the [...]
Meandre can give Fabre another Arc September 29, 2011 SUNDAY’S Qatar Prix de l’Arc de Triomphe now looks set to be run on unusually quick ground with Paris having been bathed in sunshine all week. John Gosden’s Nathaniel, a mudlark who was originally many people’s idea of the possible winner, will stay at home and his place is now taken by stablemate Masked Marvel. [...]
