City Moves for 04 September 2013 | Who’s switching jobs September 3, 2013 SJ Berwin The law firm has appointed Paul Stothard as a partner in its litigation practice. He was most recently at Dentons, where he was a partner in its litigation and dispute resolution group. Prior to that, he was an associate at Denton Wilde Sapte, and Allen & Overy. Quadrant Estates James Bidwell has joined the property [...]
Best of the brokers for 04 September 2013 September 3, 2013 To appear in Best of the Brokers, email your research to notes@cityam.com ASSOCIATED BRITISH FOODS BNP Paribas has raised its rating on the conglomerate that owns Primark from “underperform” to “outperform” and pushed its target price from 1,728p to 2,400p. The broker believes that AB Foods’ sugar business is poised to benefit from changing market [...]
London Report: Syria fears and Vodafone deal dampen FTSE September 3, 2013 BRITAIN’S top share index fell yesterday, weighed down by telecoms giant Vodafone disappointing with the terms of a sale deal with partner Verizon and by fresh speculation about a US-led attack on Syria. Vodafone was among the most heavily traded stocks at three times its daily average. It fell five per cent, knocking 20 points [...]
New York Report: Manufacturing data keeps US market rising September 3, 2013 US STOCKS rose yesterday but were far off session highs after top Republicans voiced support for US President Barack Obama’s call for military strikes against Syria. The S&P 500 rose more than one per cent in early trading after Obama sought congressional authorisation before taking military action, a move seen likely to shelve any strike [...]
Merkel must find a bold new vision or Europe will continue towards disaster September 3, 2013 FEW politicians are now prepared to stand up for their beliefs – if indeed they have any. Ideologies and courage have been consigned to the past. But with German elections fast approaching, which Angela Merkel will surely win, the German Chancellor must voice a new, realistic vision for the EU. It is needed more than [...]
Against the Grain: It’s official: Why the statistics show even England could win the World Cup September 3, 2013 AUTUMN is fast approaching, and the focus of the nation’s sporting interest is switching. No sooner have our boys humiliated the Australians at cricket than a new challenge emerges in the shape of two important qualifying games for the football World Cup. The comedian Bob Doolally articulated the views of many when he said: “If [...]
Vodafone isn’t avoiding UK tax on the sale of its stake in Verizon Wireless September 3, 2013 THE screams of rage, as the statists realise they’re not going to get any money from the sale of Vodafone’s stake in Verizon Wireless, have become deafening. We’ve even seen UKUncut insist quite seriously that £84bn of tax is being avoided (£84bn is the total transaction size, not the profit or the tax). But the [...]
Letters to the editor – 04/09 – Walke Scorchie, Best of Twitter September 3, 2013 Walkie Scorchie [Re: Walkie Talkie has few design solutions as beam warms shops to 70 degrees Celsius, yesterday] Someone has built a giant parabolic mirror and, unsurprisingly, it’s melting cars and burning bars. Archimedes reputedly used the same technique to set fire to an enemy fleet. The remedy is obvious: refit the window panes to [...]
Why Britain’s 4G roll-out could give mobile trading a performance boost September 3, 2013 But the implications of taking positions on the move have yet to reach their logical conclusion COMPETITION has arrived in the UK’s 4G market, promising superfast download speeds on the move. Previously monopolised by the operator EE, O2 and Vodafone have just rolled out 4G mobile internet connections to their customers in London, with O2 [...]
Pitfalls to avoid when trading on the go September 3, 2013 Annabel Palmer on the risk and rewards associated with mobile trades TECHNOLOGIES that enable investors to trade CFDs from a sun lounger in Laguna Beach, or execute spread-bets from the Chamonix pistes, now have such a wide appeal that mobile trading accounts for a striking 34 per cent of CMC Markets’s turnover. Having a fully functioning trading [...]
