10 November 2015 Shares in credit-checker Experian (EXPN) are faring best against a receding market tide today, gaining strongly on well-received interim results including improved organic growth, a slight upwards revision to full-year guidance (in the face of continued macro and currency headwinds) and a small but nonetheless…
11 November 2015 Shares in inter-dealer broker Tullett Prebon (TLPR) are down heavily this morning after it confirmed its acquisition (reverse takeover) of rival ICAP’s (IAP) hybrid voice broking unit. The £1.1bn all share deal is an attempt to fight a trend of waning profits within an increasingly automated industry and the negative share price…
11 November Would you walk over a dying man for a Smart TV? Or would you punch a fellow shopper in the face for a pair of Levis jeans? Neither would the British public it would seem. Black Friday 2015, the biggest shopping event of the year in the US, and generator of Youtube videos…
10 November Hawkeyes have been on Tullett Prebon and ICAP of late, with talks of the two Hulks of the inter-dealer money brokerage business undergoing a merger. The move would see Tullett Prebon acquiring its rival’s global broking business in exchange for new shares worth in excess of £800 million, larger than its current market…
What to buy? What to sell? This is a question on fund managers’ minds as the seasonal rotation out of winners/losers and into stocks that hold good prospects for the new year commences. This week it’s all about levels. My Clients have be notified of the following and others: International Consolidated Airlines (IAG) started the week at 570p, a…
CRH gets a boost as UBS upgrades European construction News.markets – 6 Nov http://news.markets/shares/crh-gets-a-boost-as-ubs-upgrades-european-construction-18379/ US job hopes boost markets in London and Asia Proactive Investors – 6 Nov http://www.proactiveinvestors.co.uk/companies/market_reports/117175/us-job-hopes-boost-markets-in-london-and-asia-117175.html Sterling falls off a cliff as Bank of England keeps interest rate hike at bay City-AM – 6 Nov http://www.cityam.com/228142/sterling-falls-off-a-cliff-as-bank-of-england-keeps-interest-rate-hike-at-bay Deutsche Bank upgrades Glencore as it…