Best of the Brokers for 15 May 2014 May 14, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com JUST EAT JP Morgan Cazenove begins covering the takeaway delivery service with an “overweight” rating and a price target of 290p. The broker likes the look of Just Eat’s sales growth potential, with high barriers to entry for rivals and a successful management [...]
Four tips for a better business trip May 14, 2014 Follow Nasa and Ronald Reagan’s tip to beat jet lag, and break out of the business bubble WE’VE all heard a business trip horror story. Whether it’s falling asleep in a crucial meeting due to jet lag, or realising you’ve forgotten to pack suit trousers minutes before a presentation, travelling abroad on business can be [...]
City’s old guard gets together over gulls’ eggs May 13, 2014 “PINSTRIPE is dead, long live pinstripe,” Matthew Wright, partner at NewSmith told The Capitalist, as we surveyed the crowd at Macmillan’s annual Gulls’ Egg Luncheon yesterday. “Seventy five per cent used to be pin stripe, now it’s deemed too brash,” he lamented. Taking place at Merchant Taylor’s Hall on Threadneedle Street, the luncheon sees the [...]
Toto’s makes a return to its west end home May 13, 2014 @steve_dinneen RESTAURANT TOTO’S Walton Street, SW3 2JH Tel: 0207 589 2062 FOOD Four Stars VALUE Three Stars ATMOSPHERE Three Stars Cost for two with wine: £170 Toto’s, the Italian between Sloane Square and South Ken, was one of those places that existed on the periphery of my brain. I knew it had been around for [...]
Betters tip Saga stock for strong rise after float May 12, 2014 INSURANCE and consumer services group Saga could be worth up to £2.92bn, well above the expected flotation valuation of £2bn to £2.5bn, according to trades on IG’s grey market in recent days. If the traders are correct, Saga will join other recent initial public offerings (IPO) including Royal Mail, Twitter and Boohoo where the share’s [...]
10-week fitness challenge: The Get-Fit Diary of an out of shape office worker May 12, 2014 I never thought I’d say this, but I’m going to miss going to the gym every morning. I’m going to miss being shouted at to lift really heavy stuff until I’m perspiring and weak and bad tempered. I’m even going to miss not being able to go to the pub, or eat dessert; or at [...]
This irrational tech boom risks the health of the global economy May 8, 2014 THE PENNY seems to be slowly dropping. Investors have taken fright at how they have driven up the value of the tech sector. A range of big name tech firms have suffered sharp falls in share prices. Twitter is down over 40 per cent over the last three months. Facebook has fallen by 11 per [...]
Wet weather aids Just Eat May 6, 2014 JUST Eat announced yesterday that takeaway orders leapt 51 per cent during the first quarter of 2014 boosted by more people using its new iPad app because of wet weather in the UK and northern Europe. “During a period of unusually wet winter weather in several of our key markets, our consumers ordered more takeaway [...]
Why wait till Christmas? May 6, 2014 Visiting the US convinced Village East’s Toby Stuart of the value of turkey This turkey confit recipe was inspired by a trip to Chicago last summer. It’s a very vibrant city with some of the best chefs in the world working there. The top end of the market is phemomenal but you’ve also got places [...]
Just Eat shares jump on 50pc order increase May 6, 2014 Just Eat announced this morning that takeaway orders leapt 51 per cent in the first quarter, ahead of expectations, boosted by more people using its new iPads app and wet weather in the UK and northern Europe. The news saw shares gain over four per cent at the open, now up 3.8 per cent. The [...]