Analyst Views: What did you make of ARM holdings’ second quarter results? July 22, 2014 JULIAN YATES | INVESTEC The stock has been weak, but with a) no structural issues here (we see cyclical issues causing the royalty weakness), b) royalty growth is likely to pick up, plus c) licence strength suggesting strong medium-term royalties, we see current weakness as a buying opportunity. ADNAAN AHMAD | BERENBERG Our Buy thesis [...]
The return of an icon: Parker unveils new Duofold pens to celebrate its 125th anniversary December 3, 2014 Parker has delved into its history to celebrate its 125th anniversary – and the classic Duofold is better than ever. Who among us hasn’t received the gift of a Parker pen? From our earliest academic achievements to milestone birthdays and, of course, Christmas, many of us have grown up with this iconic brand. Today, [...]
BHP Billiton share price falls despite Australian expansion plan October 6, 2014 BHP Billiton says it can cut costs at its iron ore mines in Australia, providing attractive returns for shareholders despite pessimism pervading the iron ore industry as a whole. This failed to impress investors, however, with shares in the company going down by 0.2 per cent to £16.48 in trading this morning. The [...]
Sir Clive Sinclair is crowdfunding a new ZX Spectrum computer December 2, 2014 If you were around in the 1980s, you will know how truly immense this news is. Sir Clive Sinclair is crowdfunding to create a new ZX Spectrum. For those who don't, Sinclair was behind the Spectrum range – one of the first mainstream home computers in the UK, which rivalled the likes of the [...]
Peppa Pig maker Entertainment One splashes cash on US deal as finance boss Giles Willits talks expansion plans January 6, 2015 Giles Willits is sitting in the boardroom of Entertainment One’s offices in west London with a family of Peppa Pig cuddly toys gazing up at him. The British TV phenomenon – Peppa Pig, that is – is one of the production group’s most successful exports. But today pigs are forgotten and the group’s jolly finance [...]
Stars flock to trading floor for charity day September 11, 2014 COMEDIANS, film stars, footballers and royalty descended on Canary Wharf yesterday for BGC Group’s tenth annual charity fundraising day. Chelsea skipper John Terry rubbed shoulders with his former rival ex-Manchester United boss Sir Alex Ferguson, while actor Stephen Fry crossed paths with Pulp Fiction star Samuel L. Jackson. The bevy of celebs roaming BGC’s vast [...]
Arm Holdings stock soars despite smartphone slowdown July 22, 2014 British chip-maker Arm Holdings was boosted by a demand to licence its technology from manufacturers during the second quarter, which compensated for a slowdown in its royalties from the sale of smartphones. Arm’s shares led the FTSE 100 risers yesterday as investors poured into the tech stock sending its shares soaring 5.7 per cent to [...]
Best of the Brokers for 19 August 2014 August 18, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com ARM HOLDINGS Goldman Sachs has added ARM to its “conviction buy” list, with a target price of 1,400p. The broker thinks first half weakness is temporary rather than structural, and anticipates a better second half, with high end smartphone launches incorporating ARM designs [...]
Imagination and Arm share prices lifted by soaring demand for Apple’s iPhone 6 September 17, 2014 Imagination Technologies saw its shares jump as much as nine per cent yesterday after the graphics chip maker – whose products are used in Apple’s new iPhone 6 – said it was encouraged by levels of licencing activity since May. Excitement following the record 4m pre-orders for the iPhone 6 over the weekend sent Imagination’s [...]
Tips from the celebrities turned bosses: What Sean Combs, Jessica Alba and the Olsen twins can teach us about business November 19, 2014 Making sure you’ve got a product people will buy still matters. The “world's first global cannabis brand,” Marley Natural, was unveiled yesterday by Bob Marley’s family. It’ll sell cannabis-infused creams and accessories, marketed as medicinally beneficial. But however good the products turn out to be, no-one’s going to argue that much of the [...]