City Moves for 2 December 2015 | Who’s switching jobs December 1, 2015 TAYLOR WESSING The law firm has appointed Emma Jordan as head of contentious trusts in its private client practice. She joins from Wragge Lawrence Graham & Co, where she was a contentious trusts and litigation partner. Jordan has a particular focus on advising and representing trustees and high net worths in litigation. LV= The insurance, [...]
Good health cheers Dow at month’s start – New York Report December 1, 2015 Health and consumer shares bounced back yesterday while car sales suggested upbeat growth in November, giving the markets a positive start to December. The Dow Jones industrial average rose 168.43 points, or 0.95 per cent, to 17,888.35, the S&P 500 gained 22.22 points, or 1.07 per cent, to 2,102.63 and the Nasdaq Composite added 47.64 [...]
The end of dreams: Why the EU is finally choosing reality over idealism December 1, 2015 European Commission President Jean-Claude Juncker recently acknowledged that a two-speed – one might say two-tier – Europe is increasingly likely. This marks a significant break from the Barroso Commission, which sought to keep all member states on the same track towards “ever closer union.” Many, rightly, see this change of attitude as a response to [...]
Minority Game: What stock investors can learn from the failure of Black Friday December 1, 2015 Black Friday has come and gone, but the massive surge of shoppers which was anticipated in much of the media failed to materialise. Many retail outlets were quieter than a normal Friday. In contrast, internet shopping went wild. Amazon had its biggest ever day in the UK, selling over 7m items. Argos and John Lewis [...]
Heathrow airport expansion: There’s no need to make a stark choice between a third runway and the environment December 1, 2015 During the summer, the government made a commitment to announce a “final decision” on airport expansion by the end of this year. Since the office Christmas party season has already begun, that deadline is fast approaching. Yet in recent days, there have been reports of possible further delays. This would almost certainly cause investor [...]
With Labour divided on Syria, would losing the Oldham West by-election be the beginning of the end for Corbyn? December 1, 2015 Atul Hatwal, editor of Labour Uncut, says Yes At the General Election, Labour won Oldham West with a majority of almost 15,000. Labour should romp home – but instead the result is on a knife edge. Defeat, or even a narrow victory, would signal the beginning of the end for Jeremy Corbyn. Although he was [...]
Aureus Mining, Accsys Technologies, Johnson Matthey: Best of the Brokers for 1 December 2015 December 1, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com AUREUS MINING Aureus Mining’s stock has had its “buy” rating stated by analysts at FinnCap. The exploration and development-stage firm announced that it has completed $21.5m of fundraising to strengthen its balance sheet and “allow for accelerated mining at its New Liberty [...]
Eurozone beats FTSE 100 as miners drag on index – London Report December 1, 2015 Falls in mining company BHP Billiton and Aberdeen Asset Management yesterday and a failure to benefit from a weak euro hindered the FTSE 100 as it lagged behind its European counterparts. The FTSE 100 index was down 19.06 points, or down 0.3 per cent, at 6,356.09 by the close, lagging sharp gains in top Eurozone [...]
COP21 and how to profit from tougher environmental regulation: Investors buy shares in companies which make the world cleaner, greener and safer after the Paris climate talks December 1, 2015 As global leaders meet this week in Paris at the United Nations climate conference, there’s only one industry welcoming the prospect of greater regulation – the firms which help people comply with the rules. This latest round of climate talks, known as COP21, involves 160 countries debating ways to tackle climate change. While the [...]
Why Saudi Arabia won’t back an Opec output cut – CNBC Comment December 1, 2015 What do you do when your carefully crafted plan simply doesn’t pay off? Do you abandon it, cut your losses, but risk losing face, or hold on, risking further economic pain? Saudi Arabia’s oil minister must be pondering that very question ahead of the December Opec meeting. Exactly one year ago, Saudi Arabia, Opec’s largest [...]
