Homes in “UK’s tallest residential tower” go on sale in Canary Wharf and other new homes on the market this week October 14, 2016 Spire, Canary Wharf From £595,000 Apartments in the UK’s “tallest residential tower” on the cusp of Canary Wharf went on sale yesterday. Rising to 771ft with 67 storeys, it cost Chinese developer Greenland Group £800m to build adjacent to West India Quay DLR station and the Museum of London Docklands. There will be 861 one [...]
Why you should serve a magnum on Christmas day December 21, 2016 Yes, Yes, Christmas is a time for giving. But it is also a time for a decent glass of wine or two and sharing them with friends and family. One of the greatest pleasures in collecting and appreciating wine is choosing the wines that will work just right with the occasion and the planned menu [...]
How we compiled the Rio 50: the Most Marketable Athletes at the 2016 Olympic and Paralympics August 2, 2016 How we compiled the list To generate the Rio 50 we mined the expertise of some of the leading names from the world of sports marketing, sponsorship, branding, management and academia. Our eight contributors were invited to nominate sportsmen and women, before whittling down the longlist to just 50, and then ultimately generating the final [...]
Small business M&A unaffected by Brexit fears August 1, 2016 Deal activity among SMEs flourished in the first half of 2016 and was higher than than the year before, despite Brexit fears. Private equity investors completed a total of 40 deals in British companies between the £10m and £100m mark in the first half of 2016, according to data released today by the Lyceum Capital [...]
CMC Markets share price jumps on “significantly higher” half-year profitability September 28, 2017 Shares in spreadbetting firm CMC Markets jumped this morning after revealing half-year profits will be “significantly higher” than the previous year. While the spreadbetter admitted its client base had shrunk over the last six months, it said the rise in profitability proved CMC’s previously stated ambition of focusing on “high-value, experienced clients”. CMC shares rose [...]
Best of the Brokers for 28 September 2015 September 27, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com Canaccord Genuity downgraded its target price for the owner of the Daily Mail and Metro newspapers, Daily Mail and General Trust, to 815p from 855p, but kept its “hold” rating as it predicted the group’s full year results would be in line with [...]
H&M dresses up warm as strong winter collection boosts its sales January 15, 2015 Hennes & Mauritz, the world’s second-biggest fashion retailer, yesterday reported higher-than-expected sales growth in December, helped by strong collections and colder weather after an unusually mild autumn in Europe. For Sweden-based H&M, it was the ninth consecutive month that the company, which is also benefiting from a recovering North American economy, achieved sales clearly or [...]
Online expansion helps H&M beat analysts’ forecasts in November December 15, 2014 SWEDISH retail giant H&M beat analyst forecasts yesterday, after reporting a 10 per cent rise in sales in November. The group, with 3,511 stores worldwide, said overall net sales from 1 September to 30 November – its fourth quarter – totalled 42.6bn Swedish kronar (£3.58bn), excluding sales tax. That compares with 36.5bn kronar a reported [...]
Gold prices have hit an 11-month high as North Korea tensions escalate September 4, 2017 London-listed gold miners shot up after gold hit an 11-month high today, as investors flocked to safe haven assets after tensions between the US and North Korea continued to escalate. Gold futures rose 0.7 per cent to just under $1,340 per ounce, their highest price since Donald Trump’s election win last November. That pushed gold [...]
The Trump bump: What the US President has meant for markets November 14, 2017 Last week marked one year since Donald Trump was elected President of the United States, and in that time US equities have reached almost unprecedented highs. Much has been made of the so-called Trump bump; however, the key question is how much of this positive sentiment can truly be attributed to the policy plans of [...]