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Accendo Press Quotes – Week Ending 27 April 2018

27 April

Reuters

  • “We’ve been able to focus much more the earnings season and underlying trends,” Mike van Dulken, head of research at Accendo Markets, said, adding that companies can be more cautious in the first quarter.
  • https://uk.reuters.com/article/us-europe-stocks/european-shares-eye-fifth-week-of-gains-as-results-season-gathers-pace-idUKKBN1HY0TQ

26 April

The Telegraph

  • However Mike van Dulken, who runs Accendo Markets’ research division, noted that the growth figures still marked a slowdown on the year before.
  • https://www.telegraph.co.uk/business/2018/04/26/insurer-hastings-knocked-beast-east-claims-rise/

Business Recorder

  • “Earnings remain the principal driver,” said Mike van Dulken, head of research at trader Accendo Markets.
  • https://www.brecorder.com/2018/04/26/414363/european-stocks-edge-higher-before-ecb/

25 April

The Telegraph

  • Artjom Hatsaturjants, a research analyst at Accendo Markets, said: “For Shire, the deal depends on how Takeda’s stock performs. The chances of it going through are better than they were on Tuesday,  but if the share price continues to tumble, there is a good chance the whole thing will be called off.”
  • https://www.telegraph.co.uk/business/2018/04/25/japans-takeda-wins-shire-46bn-offer-fifth-time-asking/

24 April

ProactiveInvestors

  • “On the topic of sanctions and trade wars, concerns continue to ease after President Trump suggested a possible reprieve for Russian aluminium giant Rusal,” said Mike van Dulken of Accendo Markets
  • http://www.proactiveinvestors.co.uk/companies/market_reports/195622/UK Index -100-retains-gains-uk-public-sector-net-borrowing-lower-for-last-financial-year-195622.html

London South-East

  • “This would be even more onerous than the UK Gambling Commission’s 19 Mar recommendations of a GBP2.00 slots stake limit, a ‘GBP30 or lower’ non-slot limit, along with player tracking and limits on both games per session and player,” said Mike Van Dulken, head of research at Accendo Markets said.
  • http://www.lse.co.uk/AllNews.asp?code=5c3skmfh&headline=WINNERS__LOSERS_SUMMARY_CityFibre_Soars_After_Agreeing_Takeover

CityWire

  • ‘Having jumped 4% in response to a better-than-expected outcome from the commission in March, sector shares are understandably lower once again on the possibility of the chancellor going even further, to help clamp down on what has been dubbed the “crack cocaine” of gambling,’ said Mike van Dulken, head of research at Accendo Markets.
  • http://citywire.co.uk/wealth-manager/news/bookies-slump-as-2-stake-limit-on-terminals-looms/a1113523
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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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