Timely career-best knock boosts James Taylor’s chances of England recall July 20, 2015 Batsman James Taylor chose the perfect moment to amass a career-best double century as recriminations over England’s batting woes continue following their 405-run thrashing in the second Investec Test against Australia. Read more: Tremlett – After a bad Ashes opener, Aussies should bounce back at Lord's Taylor, who has made two Test appearances [...]
Bargain Booze and Wine Rack owner Conviviality Retail suspends trading after takeover talks with Matthew Clarke confirmed July 9, 2015 Trading in Aim-listed group Conviviality Retail has been suspended this morning, after confirming it is in takeover talks with Matthew Clark Holdings. Shares have been suspended because if the sale goes through it would constitute a reverse takeover under Aim rules, meaning privately-owned wholesaler Matthew Clark could become a public company without going through [...]
July Budget 2015: Challenger bank share prices plummet – Aldermore, Virgin Money, Shawbrook and OneSavings suffer worst day ever July 8, 2015 Publicly-traded British challenger banks suffered their worst day on record yesterday, as chancellor of the exchequer George Osborne said yesterday that a new corporation tax surcharge would take a significant chunk out of the industry’s profits. Reading-based retail bank Aldermore, which floated on the London Stock Exchange earlier this year, saw its share price [...]
Balding pinning Epsom dreams on Elm Park May 12, 2015 Bill Esdaile visited the Investec Derby hopeful’s trainer to discuss tomorrow’s Dante Stakes at York HAVING missed the 2000 Guineas because of the fast underfoot conditions, Elm Park will finally put his Investec Derby credentials on the line at York tomorrow when he faces seven rivals in the Dante Stakes. “I’m very happy with the [...]
Decision to retain Cook as skipper has been vindicated, says Bayliss July 12, 2015 ENGLAND head coach Trevor Bayliss has hailed the leadership skills of skipper Alastair Cook in the wake of his side’s crushing defeat of Australia in the first Investec Ashes Test of the summer on Saturday. A rampant England demolished Australia by 169 runs inside four days at Cardiff to take a 1-0 series lead, showcasing [...]
Ex-MPC member Danny Blanchflower says rate rise would harm the UK July 17, 2015 Former Bank of England policymaker Danny Blanchflower has warned that an interest rate rise in the near future would harm the UK. Read more: Carney fuels speculation of 2015 interest rate hike "It may well be that the Fed [US Federal Reserve] is going to put off raising so it seems rather strange that Carney is [...]
Clarke dismisses Gillespie’s pre-Ashes Dad’s Army jibe June 21, 2015 AUSTRALIA Test captain Michael Clarke has shrugged off the accusation from former fast bowler Jason Gillespie that his side are too old to beat England and retain the Ashes this summer. Gillespie, who was in contention to replace the sacked Peter Moores as England head coach before fellow countryman Trevor Bayliss was appointed, last week [...]
Rogers remains a doubt despite training return July 26, 2015 AUSTRALIA opener Chris Rogers remains a doubt for the third Investec Ashes Test despite stepping up his recovery with an indoor net session yesterday. The 37-year-old was forced to retire from Australia’s second innings at Lord’s after suffering on-field dizziness. The episode has since been diagnosed as a delayed reaction to being struck on the [...]
Best of the Brokers for 9 June 2015 June 8, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com OPG POWER VENTURES Cantor Fitzgerald increased its target price to 134p from 130p, and retained a “buy” rating. Results last week showed that the near-tripling of capacity is now de-risked, and the commitment to a dividend has been underlined. Analysts also noted a [...]
Rugby club Wasps to raise £35m in retail bond offering April 27, 2015 Rugby club Wasps is raising up to £35m of debt in a retail bond offer, hoping to tap up fans with a payout of 6.5 per cent on the debt instruments. It is pitching the paper as a safe investment, on the basis that the vast majority of its income is in fact not [...]