Mon 08 Sep 2008 Asian shares surged today and stock markets in Europe are poised to follow after the US government nationalised troubled mortgage houses Fannie Mae and Freddie Mac in the biggest financial bail-out in history.
Sun 07 Sep 2008 There cannot be many FTSE 250 companies forcasting double-digit growth for this year and the foreseeable future. Yet support services group Serco chief executive Christopher Hyman is confident his company will deliver just that. The group is one of those enviable businesses that is set to thrive as economic conditions deteriorate. Buy, says the Mail on Sunday.
Sun 07 Sep 2008 The US Treasury will announce a rescue of Fannie Mae and Freddie Mac, two giant American mortgage banks, in what is likely to be the biggest financial bail-out of recent history. The move may trigger a bounce in global stock markets Monday, according to the Sunday Times.
Fri 05 Sep 2008 Churchill Mining will today announce that resources at its coal prospect in Indonesia have already topped 1.4bn tonnes with just 20% of the target area drilled. It means Churchill, which owns 75% of the project, may not just be sitting on a good asset, but on a world-class one.
Fri 05 Sep 2008 Electricité de France is moving closer to a deal to buy British Energy, the nuclear generator, after talks with some of the UK company’s biggest investors have begun to bear fruit, writes the FT.
Thu 04 Sep 2008 The more QinetiQ’s shares rise, the greater the probability that the cash-strapped Government will seek to offload its residual 19 per cent stake. The removal of that overhang should cause the shares to advance further. At 15 times current-year earnings, QineticQ should be bought on weakness, says the Times.
Thu 04 Sep 2008 BP is on Thursday expected to sign an agreement aimed at preserving its 50 per cent stake in TNK-BP - Russia’s third-largest oil company - after a power struggle with its local partners that focused attention on the rights of foreign investors in Russia, reports the FT.
Wed 03 Sep 2008 Home energy efficiency specialist Eaga is an excellent short-term play on energy policy, but its longer-term prospects require faith that it can turn itself into a door-to-door version of Capita, including the ability to hang on to the Warm Front contract into the next decade.
Tue 02 Sep 2008 Headlam, a leading distributor of carpets and other floor coverings such as vinyl and laminates, fell 12% yesterday after warning it might not meet its sales and profit targets for the year.
Mon 01 Sep 2008 Commerzbank has secured the takeover of Dresdner Bank in a deal worth almost €9bn, to create a group that will overtake Deutsche Bank as the largest retail banking operation in Germany, writes the Independent.
Sun 31 Aug 2008 G4S trades at almost 11 times forward earnings. That is a slight discount to its main rival, Securitas, which trades at almost 12 times, but G4S's growth rate is higher and its business more diversified. Buy, says the Sunday Telegraph.
Sun 31 Aug 2008 Woolworths should ignore a potential bid from Iceland founder Malcolm Walker and focus on reviving its retail chain, the company's biggest shareholder, Ardeshir Naghshineh, has said, reports the Independent on Sunday.
Fri 29 Aug 2008 With energy prices not looking as if they are going to fall soon, UK Coal’s numbers should look increasingly buoyant, and investors should take the chance now to buy at an attractive price. Buy, says the Independent.
Fri 29 Aug 2008 In an unprecedented move, Bank of England's Monetary Policy Committee member David Blanchflowe has criticised the Bank for complacency and "wishful thinking", predicting that two million people will be out of work by Christmas and that house prices will fall by more than 30 per cent, reports the Independent.
Thu 28 Aug 2008 A cataclysmic recession would ruin an investment in G4S, but so it would also ruin punts elsewhere. In these tough economic times, it is much better to play safe and back a winner. Buy, says the Independent.
Thu 28 Aug 2008 Britain is set to endure an even deeper recession than is currently thought next year, with the economy shrinking for the first time since 1991, analysts at Capital Economics have warned, writes the Telegraph.
Wed 27 Aug 2008 The risks at Cairn Energy are clear. Cairn has been a beneficiary of the high oil price and its small, producing fields are already in decline (gross production fell by 11,000 barrels a day to 80,873) in the first half.
Wed 27 Aug 2008 Royal Bank of Scotland (RBS) will today announce the appointment of a trio of non-executive directors in an effort to demonstrate that Britain's second-largest bank by market value is addressing shareholder concerns in the wake of its £12bn rights issue.
Previous
