Buick backs Jack Hobbs to gain Derby revenge on Golden Horn June 3, 2015 Jockey William Buick has tipped Jack Hobbs to gain revenge for last month’s defeat to Golden Horn at the Dante Stakes at York when the pair reprise their rivalry in Saturday’s Investec Derby. Read more: Arabian Comet can be crowned Haydock Queen Buick saddled Golden Horn to victory at the Dante Stakes ahead of [...]
Mark Carney fuels speculation of 2015 interest rate hike July 16, 2015 Bank of England governor Mark Carney last night dropped another strong hint that markets could be underestimating the likelihood of a 2015 interest rate hike. “In the current circumstances there is no need to wait to raise rates because of a risk management approach and run the risk of inflation overshooting target,” he said in [...]
Central bankers scent interest rate hikes: Federal Reserve prepares for rise with UK expected to follow later July 15, 2015 An unprecedented era of easy money, seen on both sides of the Atlantic since 2008, could be over by the end of the year, with the Federal Reserve preparing to hike rates and some analysts expecting the UK to follow suit in subsequent months. “If the economy evolves as we expect, economic conditions likely [...]
Best of the Brokers for 18 May 2015 May 17, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com BRITISH LAND Numis reiterated its “add” rating for the London-based property management company. The broker said London offices are likely to continue to perform for at least the next couple of years, but warned that as market rents test ever higher levels the [...]
Derby Day Letter: A warm welcome to race-goers from London’s business paper June 5, 2015 Welcome to race day. Today’s special Saturday print edition celebrates one of the greatest and most exciting sporting events of the year. I’m delighted to continue our wonderful relationship with Epsom Downs and Investec again at this year’s event. Here at City A.M., we are truly passionate about the Investec Derby as well as horse-racing [...]
Smoothtalkinrascal can get punters off to a flyer at Epsom April 21, 2015 BILL ESDAILE PREVIEWS THE INVESTEC-SPONSORED CARD AT EPSOM TODAY TODAY’S opening Investec Asset Finance Handicap (2.10pm) at Epsom features a couple of well-handicapped sprinters and I’m struggling to split Long Awaited and SMOOTHTALKINRASCAL. The former is a hugely talented horse but seems to always find a way of getting beaten. The fact his last win [...]
JD Sports warns weak euro will dent its margins June 17, 2015 Sports fashion group JD Sports yesterday said it has made a “strong start” in the first 19 weeks of the year despite tough comparatives with last year, having announced record annual pre-tax profits of £100m in April. In a trading update ahead of its annual general meeting yesterday, the Size? and Millets owner said the [...]
Hats off for Ladies Day at Epsom June 5, 2015 THE SUN came out for Ladies Day at Epsom Downs Racecourse yesterday as 100,000 descended onto the hallowed ground for the first day of this year’s Investec Derby Festival. Among the champers and picnic baskets, a hotly contested battle was taking place for this year’s best dressed lady. The annual prize, this year sponsored by [...]
Marshall Motors IPO: Stealth flotation values car dealership at £115m March 30, 2015 Car dealership Marshall Motor Holdings (MMH) revealed a successful flotation on the Alternative Investment Market (Aim) yesterday, raising £50m from investors. The deal, which values the group at around £115m, was run as a so-called stealth initial public offering (IPO) by investment bankers at Investec. That means the stock market debut was not pre-announced [...]
Chris Tremlett: More positives than negatives for England but Gary Ballance is all at sea June 3, 2015 Despite England’s 199-run defeat in the second Investec Test at Headingley, there were certainly more positives than negatives during the two-match series with New Zealand, which finished locked at 1-1. From where England were in the West Indies they have definitely progressed. Opener Adam Lyth stood up and scored a century in Leeds and [...]