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Shire (SHP): Attention!

21 September, 2015 Shares in Shire (SHP) are the wining the race to the top of the UK Index this morning as investors cheer news that its Intuniv drug has been awarded European approval for use as a non-stimulant drug for Attention Deficit Hyperactivity Disorder (ADHD) in children and adolescents (6-17yrs old ) from whom…

SABMiller takeover is 24% proof!

18 September, 2015 Having last week discussed supermarket Morrison (MRW) as most likely takeover candidate in the UK grocery sector, the Mergers & Acquisitions (M&A) train kept puffing along this week with news that Stella Artois and Budweiser owner AB Inbev (ABI) had approached London-listed brewer of Fosters and Peroni SABMiller (SAB) about a $75bn…

Accendo Press Quotes – Week Ending 18 Sept

European shares bruised by Fed inaction on interest rates Telegraph – 18 Sept http://www.telegraph.co.uk/finance/markets/UK Index 100/11874151/European-shares-bruised-by-Fed-inaction-on-interest-rates.html London shares plunge as traders lament US rate hold Proactive Investors – 18 Sept http://www.proactiveinvestors.co.uk/companies/market_reports/110918/london-shares-plunge-as-traders-lament-us-rate-hold-110918.html How Europe woke up to the Fed’s rate decision in three charts MarketWatch – 18 Sept http://www.marketwatch.com/story/how-europe-woke-up-to-the-feds-rate-decision-in-three-charts-2015-09-18 Europe midday: Shares extend early losses on dovish…

Weir Group (WEIR): Shares looking weir-y again

17 September, 2015 Mike van Dulken, Head of Research at Accendo Markets, commented this morning: Weir Group (WEIR) is one of the biggest UK 100 losers this morning, continuing to suffer from its pending demotion to the (Mon 21 Sept) with the recent rally from 5 year lows being scuppered by a trendline of falling…

Is Morrisons a bid target?

September 11, 2015 Having recently discussed potential retail sector bargains, could WM Morrison (MRW) be a candidate for acquisition? In summary, a major South African investor has been on a UK shopping spree lately and still has a billion quid or so left in the pot. The German discounters ALDI and LIDL who imported major price competition…

Accendo Press Quotes – Week Ending 11 Sept

European stocks turn negative as Fedwatch dominates CNBC – 11 Sept http://www.cnbc.com/2015/09/11/european-markets-set-for-higher-open-as-fedwatch-dominates.html Calls to hold fire multiply Proactive Investors – 11 Sept http://www.proactiveinvestors.co.uk/columns/morning-market-pulse/22942/calls-to-hold-fire-multiply-22942.html European shares on track for biggest weekly gain since July Telegraph – 11 Sept http://www.telegraph.co.uk/finance/markets/UK Index 100/11857739/European-shares-on-track-for-biggest-weekly-gain-since-July.html European shares end winning streak amid concerns on China Telegraph – 10 Sept http://www.telegraph.co.uk/finance/markets/UK Index…

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