Starmine award sends Liberum back into orbit May 12, 2015 CHAMPAGNE corks must have been popping on Ropemaker Street yesterday, after Liberum analyst Eoin Lambe scooped the prestigious Starmine gong for best overall stockpicker 2015. Lambe, who joined the broker in 2009 after a short time as an engineer, was judged to have had the most accurate record when it came to bequeathing buy and [...]
City Moves for 12 May 2015 | Who’s switching jobs May 11, 2015 Colliers International Martin Mahmuti has been appointed senior property economist in the commercial real estate services firm’s research and forecasting team. He began his career at Cushman and Wakefield, where he primarily reported on UK, Europe, Middle East and Africa retail markets. Hermes Investment Management Philip Nell has been appointed fund director in the asset [...]
Best of the Brokers for 06 May 2015 May 5, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com WHITBREAD Berenberg has kept its “buy” rating after the surprise retirement of chief executive Andy Harrison last month. The broker said the underlying fundamentals remain strong and the new milestones “increase its confidence about the potential for Whitbread to unlock value”. MORRISONS Shore [...]
Eurozone inflation rose to zero in April April 30, 2015 Eurozone inflation rose to zero in April, ending a fourth-month stretch of price declines across the euro area. A flash estimate from official statistics agency Eurostat showed that Eurozone annual inflation was flat in April, having risen to -0.1 per cent a month earlier. It's up considerably from a low of -0.6 in January. The biggest [...]
London Marathon 2015: City gents set a better rate than Bank governor Mark Carney April 27, 2015 In the race for success in the City, business leaders were spotted donning their Sunday best high-tech lycra at the weekend, to pit their footsies against each other in the fiercest battle of the year so far – the Virgin Money London Marathon 2015. From firing-line to finish, top-dog in the pack of City wolves [...]
Royal Bank of Canada teams up with Old Vic April 21, 2015 AS HOLLYWOOD star Kevin Spacey prepares to depart the Old Vic theatre this week the famous venue is going back to its roots – by striking a three year sponsorship deal with the Royal Bank of Canada (RBC). Spacey is standing down as artistic director after 11 years but he leaves the RBC deal as [...]
Golf Comment: Plenty years left in Gentleman Jim April 20, 2015 NOBODY was happier than me to see the evergreen Jim Furyk triumph at the RBC Heritage on Sunday, ending the American’s five-year wait for a 17th tournament win on the PGA Tour. I’ve come across him many times in my career and played against him in the Ryder Cup and can attest that there isn’t [...]
FTSE 100 stocks rise again on merger activity – London Report April 14, 2015 MINING stocks helped take the FTSE 100 close to another record high yesterday while potential deal activity also gave the stock market a boost. Miners such as Anglo American, Rio Tinto and BHP Billiton rose 2.8 to 4.1 per cent as metal prices bounced up off their earlier lows. The UK mining index was up three [...]
City Moves for 10 April 2015 | Who’s switching jobs April 9, 2015 Payne Hicks Beach Kathryn Bradbury has been appointed partner in the law firm’s private client department. She specialises in immigration, and joins from Gherson. Bradbury has particular expertise in EU free movement cases, and has also worked at the Legal Aid Agency. Peel Hunt The corporate broking, advisory and trading house has announced two senior [...]
Biotechnology company Prothena to raise $114m with public offering April 8, 2015 Irish biotechnology company Prothena has confirmed a public offering which is expected to raise more than $100m (£67m). The firm, which is listed on Nasdaq and concentrates on developing new antibodies for treating diseases such as Parkinson's and inflammatory disorders, said it will sell 3.3m ordinary shares at $37 per share which it expects to [...]