Dow Jones – 15 Aug 0854 GMT [Dow Jones] Although FirstGroup (FGP.LN) has secured a contract for the UK West Coast Mainline franchise from Stagecoach (SGC.LN), the worry is that it will be unable to deliver on such a key route, says Mike van Dulken, Head of Research at Accendo Markets. “[FirstGroup] has promised lots…
Good news for Standard Chartered’s UK listed shares this morning with the company having reached a $340m settlement with the State of New York Department of Justice over allegations that it was negligent/facilitated a decade’s flow of up to $250bn of Iranian funds through the US, violating long-running sanctions against the country. This avoids the…
Mike van Dulken, Head of Research at Accendo Markets, commented: AstraZeneca (AZN) shares are today registering their first bounce in 7 days as investors react to the positive news that the pharmaceutical giant has increased FY 2012 earnings guidance from $6.00 to $6.30 per share. This comes on the back of the group announcing a…
Bullbearings – 8 Aug 2012
Mike van Dulken, Head of Research at Accendo Markets, commented: Aviva’s interim results tomorrow are likely to show operating profits down 10% to £1bn, dented by weather-related claims. However, focus may be on updates regarding the restructuring process launched last month by interim executive John McFarlane. Income investors will be hoping the 10p interim dividend…
Morningstar – 8 Aug 2012 http://www.morningstar.co.uk/uk/news/articles/107665/UK Index -Steady%3B-BoE-Cuts-Economic-Growth-Forecast.aspx