Best of the Brokers for 4 December 2015 December 4, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com SKY Nomura has reaffirmed its “buy” investment rating on telecoms giant Sky and raised its price target to 1,400p, from 1,300p. Analysts said the structure of media in Europe is different from that in the US in vital ways, and that Sky can [...]
Gary Neville on Valencia move: “I’ve been on TV for a few years now; the time was right to stand up” December 3, 2015 Valencia head coach Gary Neville accepted a surprise move to Spain because he felt ready to leave the comfort of the television studio for the crucible of the dugout, he said on Thursday. The former Manchester United and England defender was appointed to his first managerial role on Wednesday by the La Liga club and [...]
HSS share price jumps after media report suggests no merger with Speedy Hire December 3, 2015 HSS Hire shares jumped today after a report suggested talks for a £300m merger with fellow tool and equipment hire group Speedy Hire had stalled. Shares in the Heathrow-based HSS had jumped as much as 10.3 per cent at 57.35p per share this morning, and were up 8.65 per cent at 56.5p per share at the close. HSS and [...]
Samsung Gear VR launches in UK: Virtual reality device priced at just £80 released December 3, 2015 Technology fans can finally get their hands on Samsung's virtual reality device, after it launched in the UK with a rather affordable (in tech terms) £80 price tag. The Gear VR is one of the first devices to hit the market, bringing the fledgling technology to the masses. It first went on sale in the US a month ago and [...]
Aberdeen Asset Management said to be further diversifing as Bank of England backs stress tests December 2, 2015 Aberdeen Asset Management, having recorded outflows of £12.6bn over the three months to the end of September, is reportedly eyeing up bond fund manager Rogge Global Partners. Aberdeen is one of three potential firms that could bid for Rogge, following financial services group Old Mutual putting it up for sale, it was yesterday reported by [...]
Manchester United legend Gary Neville appointed Valencia manager December 2, 2015 Gary Neville has been appointed head coach of Spanish team Valencia until the end of the season. The position is the Sky Sports pundit and former Manchester United and England defender's first ever senior role in coaching or management. Neville has worked as an assistant coach to Roy Hodgson for England since 2012, holds a [...]
Ofcom warns BT that internet status quo is likely to change as Vodafone, TalkTalk and Sky pile on the pressure December 1, 2015 OFCOM yesterday said Britain is doing well in rolling out superfast broadband compared with other major European economies, yet it added that the status quo in the industry is likely to be altered. Service providers, such as TalkTalk and Sky, have demanded that Openreach, which provides the infrastructure connecting people to the internet, be spun [...]
Broadband battles: BT and Virgin Media trade blows over the government’s broadband delivery scheme December 1, 2015 Join us for the latest act in the telco giant drama: Virgin Media has lashed out against the government’s broadband scheme, complaining it gives BT an unfair advantage to the tune of hundreds of millions of pounds out of taxpayers’ pockets. BT and the Department of Culture, Media and Sport (DCMS) have hit back at claims, [...]
Consumer confidence edges down from sky-high levels November 27, 2015 Consumer confidence has come off the boil, according to survey figures released this morning, but remains at historically high levels. The consumer confidence index produced by pollsters YouGov and the Centre for Economics and Business Research (CEBR) dropped to a score of 113.6 this month – its lowest since June this year. A separate index produced [...]
Screening service Check4Cancer beats crowdfunding target on Syndicate Room and raises £550,543 November 26, 2015 Cancer-screening service Check4Cancer has beaten its funding target on crowdfunding platform SyndicateRoom, having raised £550,543 – 110 per cent of its original target of £4,99,936. Check4Cancer, which offers early screenings to check for cancer using technology not available on the NHS, is available for private clients in the UK, and was looking for investment to grow. The company will use the [...]