ANALYST VIEWS: WHAT DO YOU THINK OF SAINSBURY’S PERFORMANCE? May 13, 2010 FREDDIE GEORGE | SEYMOUR PIERCE “We maintain our ‘sell’ recommendation on the stock. We are concerned that we will see a return to the worries of 1990 that the food retail market is approaching saturation as we approach a more austere time for consumers. Also the sector is being more competitive.” SAM HART | CHARLES [...]
Are Manchester United really about to become Qatar’s latest high-profile buy? December 19, 2010 WHEN Manchester United visited Qatar in January it was touted as a sunshine break, a chance for their title-chasing players to escape from the freezing conditions gripping England at the start of the year. But it also prompted whispers that the country’s most famous club were sounding out appetite to invest in United, or even [...]
Are Manchester United really about to become Qatar’s latest high-profile buy? December 19, 2010 WHEN Manchester United visited Qatar in January it was touted as a sunshine break, a chance for their title-chasing players to escape from the freezing conditions gripping England at the start of the year. But it also prompted whispers that the country’s most famous club were sounding out appetite to invest in United, or even [...]
THE TIPSTER November 10, 2010 The supermarket Sainsbury’s recently saw a dip in its share price, offering a rare buying opportunity for spread betters. Thanks to its immense property portfolio, Sainsbury’s is still preferred over competitors like Tesco. Capital CFDs quotes a price of 373.4p-374.0p. The G20 meeting in South Korea is now underway and the world is hoping for [...]
US data lifts investors’ spirits November 7, 2010 Shares are likely to open higher this morning, with investors remaining in buoyant spirits following on from Friday’s stronger than expected non-farm payrolls data from the US economy. GFT is quoting the FTSE 100 index to open up 14 points from Friday’s close, at a level of 5,889. The German DAX 40 is expected to [...]
BEST OF THE BROKERS October 7, 2010 J SAINSBURY Sales growth at J Sainsbury was still faster than peers and, according to HSBC the second quarter confirmed Sainsbury’s is growing faster than the industry but margin enhancement looks fairly limited for the full year. The broker believes valuation is currently stretched relative to the sector and reiterates its “neutral” rating. IMPERIAL TOBACCO [...]
Sainsbury’s sales growth at five-year low March 24, 2010 SAINSBURY’S has reported its smallest rise in underlying quarterly sales in almost five years. Britain’s third biggest grocery chain said stores open at least one year rose 1.7 per cent, excluding fuel, in the fourth quarter. Sales rose 3.7 per cent in the third quarter but a slowdown in price inflation and economic uncertainty before [...]
FUN AND FROLICS AS CITY’S FINEST GATHER AT FINSBURY’S PARTY November 18, 2010 Complete with ceiling lights, a steady flow of champagne and a path of candle-filled lanterns guiding our path, the Tate Britain was last night decked out for one of the biggest City shindigs of the year last night. The annual party of Roland Rudd’s Finsbury PR made its triumphant return to the cosy environs of [...]
FUN AND FROLICS AS CITY’S FINEST GATHER AT FINSBURY’S PARTY November 18, 2010 Complete with ceiling lights, a steady flow of champagne and a path of candle-filled lanterns guiding our path, the Tate Britain was last night decked out for one of the biggest City shindigs of the year last night. The annual party of Roland Rudd’s Finsbury PR made its triumphant return to the cosy environs of [...]
CSC closes in on Trafford Centre mall November 24, 2010 CAPITAL Shopping Centres (CSC) confirmed yesterday it was close to buying the Trafford Centre in Manchester for a total of £1.6bn. The retail property group said it was in advanced talks with current owner Peel Holdings, which has held the shopping centre since it was built in 1998 at a cost of £600m. CSC plans [...]