Profits looking strong for the financial services industry but outlook remains weak January 18, 2016 Financial services firms reported strong profitability for the last quarter of 2015, although the sector is slightly cautious in its outlook. A survey of 100 financial services firms out today from the Confederation of British Industry (CBI) and professional services firm PwC has discovered that financial services firms are reporting strong profitability for the three [...]
Dominos delivers solid growth by online sales February 26, 2015 DOMINOS Pizza served up some hot results as their full-year report revealed double-digit growth in both sales and profits, sending shares up 5.4 per cent yesterday. The pizza franchise saw strong growth in its domestic UK market at 9.5 per cent, with solid performances in Ireland and Switzerland – which partially offset demand going stale [...]
Three reasons why the government will struggle to secure a good exit deal if Britain votes to leave the EU March 9, 2016 The path from now until referendum day on 23 June will be dominated by what is the most important debate our country has faced in a generation. There will undoubtedly be a fair amount of emotive rhetoric, and quite rightly so. But it is equally important that the conversation be anchored in rational argument: let’s hope [...]
The FTSE crash is not Armageddon – but investors should still be light on their feet January 23, 2016 We all know that "hindsight" is the most successful trader in the world. Its performance has always been exemplary since time immemorial. However, alarm bells should have started ringing after the Shanghai Composite had added 150 per cent in value between June 2014 and June 2015, just when it was becoming decidedly obvious that China’s economy [...]
Founder Graeme Minto backs Brother Industries in take over of Domino Printing Sciences March 11, 2015 The founder of Domino Printing Sciences yesterday gave his blessing to the takeover bid by Japan’s Brother Industries, saying he believed the “very good ethos” at Domino would be shared by the Japanese firm. Graeme Minto, who founded the firm in 1978, spoke of his pleasure at being able to look back over the past [...]
Domino Printing share price jumps by a third after £1bn Brother Industries buyout March 11, 2015 Shares in Domino Printing Sciences, the UK tech company, jumped more than 31 per cent to 945.7p in early trading after it revealed it had been bought for £1bn by Japanese printer giant Brother. Under the terms of the deal, shareholders in FTSE 250-listed Domino, which makes printers that put sell by dates and bar [...]
Best of the Brokers for 16 October 2015 October 16, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com ASOS ASOS is still “overweight”, according to Barclays, but the broker says that while investor confidence remains low, thanks to under-performing the FTSE 250, it believes shares can “materially outperform” as sales accelerate on price investments, margins are unlikely to fall below four [...]
FTSE jumps as investors cheer the Fed rate rise – London Report December 18, 2015 TOP SHARE index, the FTSE 100, climbed yesterday, tracking gains on other equity markets after investors took the first US interest rate rise in nearly a decade as a sign of policymakers’ confidence in the world’s biggest economy. The FTSE rose 41 points, or 1.2 per cent to 6,102 points, but is down by around seven [...]
Four great books to super-charge your brain in 2016 – we review the best from commodities to effective investing and The Big Short February 18, 2016 THE SECRET CLUB THAT RUNS THE WORLD by Katie Kelly Commodity prices have crashed, with everything from oil and metals to grains at multi-year lows. It seems like the end of the “commodity supercycle”, the post-millennium boom when prices of all base goods were soaring. But how did they become so expensive in the first place? [...]
Inflation likely to show minute rise above zero – London Report October 11, 2015 INFLATION data will be in the spotlight this coming week. The consumer price index in the UK, released tomorrow, is expected to pick up in September to 0.1 per cent year-on-year, following a drop to zero per cent in August. The Bank of England, which is targeting two per cent inflation, said the outlook for [...]