Glencore’s biggest shareholder reduces stake in embattled miner April 26, 2016 Glencore's biggest shareholder has reduced its stake in the embattled miner and trader which has been whipsawed by tumbling commodity prices. The Qatar Investment Authority (QIA) today took its holding below nine per cent according to a regulatory filing. Read more: Glencore's chief executive took home £1.1m last year Today's move could surprise some investors, given [...]
WANdisco hopes for government contracts as turnaround takes hold April 24, 2016 Software developer WANdisco hopes to pick up a raft of government contracts this year as its strategic turnaround takes hold. While no government contracts have been secured yet, WANdisco is planning to pounce on Whitehall plans to move data from physical servers to cloud based storage. The company has recently bagged contracts with two of [...]
Racing betting: Western Hymn to answer John Gosden’s prayers again April 21, 2016 In-form trainer John Gosden picked up five winners at Newmarket’s Craven Meeting earlier this month and landed the Investec Derby Trial on Wednesday with exciting Oaks prospect So Mi Dar. On Friday he’s at Sandown for their first flat card of the season where, last year, he bagged a hat-trick. WESTERN HYMN was one of those [...]
Racing betting: Neil Mulholland can Master his rivals in Sandown highlight April 21, 2016 In recent years Sandown’s National Hunt season finale has been a little formulaic – no-one has had much of a look-in except AP McCoy and Paul Nicholls. But this year is going to be different. As we all know, McCoy has retired and the whole jumping fraternity will be united in celebration on Saturday for Richard [...]
Knight to make sweet music in the Great Metropolitan April 19, 2016 Epsom's Spring Meeting often sees the same horses turn up year after year. The Investec Corporate Banking Great Metropolitan Handicap (3.05pm), run over the Investec Derby trip, features last year’s first and third, Lungarno Palace and Barwick. I tipped the former 12 months ago and he is only a pound higher, so has to be [...]
So Mi Dar can hit the right notes in Epsom’s Investec Derby Trial April 19, 2016 Trainer John Gosden saddles the well-bred filly SO MI DAR in a bid to land a second straight success in Wednesday afternoon’s Investec Derby Trial (2.30pm) at Epsom. Having won the 10 furlong prize with Christophermarlowe 12 months ago, the Newmarket handler will be hoping the daughter of Dubawi can repeat that success. Tomorrow’s assignment is a [...]
Premier Foods’ under fire from top shareholder over collapsed bid talks with McCormick April 13, 2016 Premier Foods' third biggest shareholder has slammed the company for failing to recommend McCormick's 65p per share offer to the board, after its American suitor walked away today. Paulson & Co, a US hedge fund that owns a seven per cent stake in Premier and has already locked horns with the company over its handling of the [...]
City Moves for 13 April 2016 | Who’s switching jobs April 13, 2016 Peel Hunt Peel Hunt, the independent corporate broking, advisory and trading house focused on UK mid and small caps, is pleased to announce the appointment of Simon Gardner-Bond (pictured) to the role of natural resources specialist sales, effective immediately. Simon joins from Investec Asset Management, where he worked for five years as a senior analyst [...]
Glencore share price falls after sale of agriculture stake disappoints April 6, 2016 Glencore shares fell today, after investors were left disappointed by the commodities miner and trader's sale of a minority stake its agriculture arm to Canada's largest pension fund. Glencore today confirmed it had sold a 40 per cent stake in its agriculture division to the Canada Pension Plan Investment Board (CPPIB) for $2.5bn (£1.8bn). The Swiss group's shares had popped at the [...]
Seven ways to sort out your finances and the best stocks to invest in March 30, 2016 Bank holiday season is upon us, and the end of the tax year is approaching too. With a few long weekends coming up, now is a good time to do some financial spring cleaning. Below are seven things you should do this springtime. 1. HIGHER EARNINGS: FOCUS ON MAXING OUT YOUR PENSION People earning over [...]