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Accendo Press Quotes: Week-ending 3 Oct 2014

EasyJet Offers Both Growth and Income

Dow Jones – 3 Oct 2014

Shares in EasyJet (EZJ.LN) are in demand Friday, trading 7.1% higher at 1468p, after the airline raised its earnings guidance. Agreeing to pay their largest ever dividend payment, based on a pay-out ratio of 40% of profits after tax, should have investors very excited as the company is set for a fourth consecutive year of record profits, says James Abbott at Accendo Markets. “People always look for growth and income in these markets and EasyJet offers both of these. People should buckle up and enjoy the ride with the shares this year!”

Asia: compras a la espera del Informe de Empleo en Estados Unidos

Bolsomania – 3 Oct 2014

http://www.bolsamania.com/noticias/pulsos-asia/china-nikkei-japon-hong-kong–603647.html

La Bourse de Londres ouvre en hausse de 0,75%, dopée par les chasseurs de bonnes affaires

AFP / Les Echos – 3 Oct 2014

http://m.lesechos.fr/monde/la-bourse-de-londres-ouvre-en-hausse-de-0-75-dopee-par-les-chasseurs-de-bonnes-affaires-afp_00612906.htm

EasyJet hails a £5m windfall from an Air France pilot strike and hikes its annual profits forecast

This is Money – 3 Oct 2014

http://www.thisismoney.co.uk/money/markets/article-2779170/EasyJet-hails-5m-windfall-Air-France-pilot-strike.html

Kurdistan restart is welcome news for Afren investors

Proactive Investors – 2 Oct 2014

http://www.proactiveinvestors.co.uk/companies/news/72865/kurdistan-restart-is-welcome-news-for-afren-investors-72865.html

Market Report: Footsie decline deepens over US Ebola fears and protests in Asia

Standard – 2 Oct 2014

http://www.standard.co.uk/business/business-news/market-report-footsie-decline-deepens-over-us-ebola-fears-and-protests-in-asia-9769696.html

European stocks slide with focus on ECB

AFP – 2 Oct 2014

http://www.afp.com/en/news/european-stocks-slide-focus-ecb

Afren back at work in Iraq

Interactive Investors – 2 Oct 2014

http://www.iii.co.uk/articles/195623/afren-back-work-iraq

Shares In Britain’s Three Biggest Supermarkets Are Getting Demolished

Business Insider – 1 Oct 2014

http://www.businessinsider.co.id/british-supermarkets-share-price-drop-2014-10/

New probe rocks Tesco – tread carefully

Interactive Investors – 1 Oct 2014

http://www.iii.co.uk/articles/195298/new-probe-rocks-tesco-tread-carefully

As Sainsbury’s Struggles Could Qatar Bid Resurface?

International Business Times – 1 Oct 2014

http://www.ibtimes.co.uk/sainsburys-struggles-could-qatar-bid-resurface-1468094

New probe rocks Tesco – tread carefully

MoneyObserver – 1 Oct 2014

http://www.moneyobserver.com/news/01-10-2014/new-probe-rocks-tesco-tread-carefully

UK Index pulls back as investors queue to check-out of supermarkets

Proactive Investors – 1 Oct 2014

http://www.proactiveinvestors.co.uk/companies/market_reports/72829/UK Index -pulls-back-as-investors-queue-to-check-out-of-supermarkets-72829.html

Supermarkets sweep to bottom of UK 100

Financial Times – 1 Oct 2014

http://www.ft.com/cms/s/0/f816e172-493b-11e4-8d68-00144feab7de.html#axzz3Esp9BaQ4

China’s manufacturing growth unchanged in September

UK Index Global Markets – 1 Oct 2014

http://www.UK Index globalmarkets.com/news/chinas-manufacturing-growth-unchanged-in-september.html

UK 100 preview: Index to extend losses amid Asian uncertainty

Invezz – 1 Oct 2014

http://invezz.com/news/equities/13523-UK Index -100-preview-index-to-extend-losses-amid-asian-uncertainty

Sainsbury’s Shares Tank as It Launches a Strategic Review and Brushes Away Accounting Blunder Concerns

International Business Times – 1 Oct 2014

http://www.ibtimes.co.uk/sainsburys-shares-tank-it-launches-strategic-review-brushes-away-accounting-blunder-concerns-1467985

Next Buffeted by a Warm September — Market Talk

Dow Jones – 30 Sept 2014

Next (NXT.LN) falls 3.7% to 6610p after warning that it is likely to lower its full year profit guidance if the unusually warm U.K. weather continues for all of October. “Ahead of investor meetings this week, and with the shares now 10% off recent highs, management is trying to put markets at ease in terms of FY expectations by highlighting that the Autumnal turn tends to see a rush which helps make up some of the shortfall,” says Mike van Dulken at Accendo Markets. That said, the board must be hoping for a cold wind to blow pretty soon to boost the fourth quarter, he adds.

UK Index edges lower, Next weather warning hits retailers

Reuters – 30 Sept 2014

http://uk.reuters.com/article/2014/09/30/uk-markets-stocks-UK Index -idUKKCN0HP0PG20140930

BP Plc and BG Group plc Share Price Forecasts: BP and BG Intend on Maintaining Downtrends

C-Suite – 29 Sept 2014

http://www.thecsuite.co.uk/CFO/index.php/finance/123-bg-group-and-bp-plc-share-prices-454353

Balfour Beatty Stumbles Weeks After Spurning Carillion Merger

Wall St Journal – 29 Sept 2014

http://blogs.wsj.com/corporate-intelligence/2014/09/29/balfour-beatty-stumbles-weeks-after-spurning-carillion-merger/

Balfour Beatty shares plummet 23% as chairman quits after third profit warning

This is Money – 29 Sept 2014

http://www.thisismoney.co.uk/money/markets/article-2773347/Balfour-Beatty-shares-plummet-23-profits-warning.html

Balfour Beatty shares plummet as sounds earnings alarm for fifth time

Proactive Investors – 29 Sept 2014

http://www.proactiveinvestors.co.uk/companies/news/72695/balfour-beatty-shares-plummet-as-sounds-earnings-alarm-for-fifth-time-72695.html

UK Market Talk Roundup: Shares Losing

Dow Jones – 29 Sept 2014

It’s profit warning number five in two years for multinational infrastructure group Balfour Beatty (BBY.LN). “Write downs across a number of key contracts are to blame. Shares are down 30% from year highs after a string of multiple profit downgrades, investors need to question the future for Balfour and whether 5 warnings in 2 years is a sign to jump ship,” Says Amrit Panesar at Accendo Markets.

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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.

Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research

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