It’s a bit like the Tour de France. Volkswagen, the German carmaker (for those of you who are in your infancy or were never born), has both been accused of and freely admitted to a mammoth program of doping…sorry, emissions tests circumvention that’s put it in front of a potential $18bn fine courtesy of the…
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…
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…
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…
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…
September 10, 2015 The Bank of England (BoE) stayed put today which was no surprise. And neither were September’s MPC minutes showing no change to voting and including much talk about China, Emerging Markets, financial market volatility and the impact of depressed commodity prices on already ‘missing in action’ inflation. Nothing major so far –…