Tue, 30 Oct, 2007
Miner Xstrata is paying a relatively full price for its proposed acquisition of Jubilee Mining. Nickel prices may have fallen from $50,000 a tonne to $31,000 currently, but Jubilee will only create value for shareholders assuming that prices remain above $25,000 in the longer term.
Sun, 28 Oct, 2007
Investors who bought Rio Tinto last year are sitting on a profit of some 66 per cent and the Telegraph thinks it is time to bank some of those profits.
Fri, 26 Oct, 2007
Third-quarter figures out yesterday from Royal Dutch Shell saw the oil major stealing a march on its arch-rival BP. Third-quarter profits were down 8 per cent to $6.39 billion but, considering that the industry is suffering from a slump in production volumes and trading margins, the fall was less than the City had been expecting.
Thu, 25 Oct, 2007
The housing market may be slowing, but the talk was all about expansion at Home Retail Group, the Argos and Homebase owner. Perhaps it is risky for the group to continue expanding in the face of a tougher consumer climate.
Wed, 24 Oct, 2007
Debenhams looks like a solid recovery play. The dividend yield, at just under 6 per cent, is attractive and looks safe, while management has done the right thing by investing in new ranges and its stores - so another warning looks unlikely in the short term.
Tue, 23 Oct, 2007
Pearson shares have underperformed the FTSE media sector by around 5pc since the start of the year. Speculation of a break-up at the time of Rupert Murdoch's bid for Dow Jones saw them soar in the first half before retreating. That M&A potential is no longer in the price and, trading on less than 18 times forecasts earnings, yielding a healthy 4.1pc, this is still a good entry point, says the Telegraph. The Times says hold.
Sun, 21 Oct, 2007
The same qualities that attract bidders for Scottish & Newcastle, should also interest long-term investors, says the Sunday Telegraph.
Fri, 19 Oct, 2007
The chance to make a real overnight killing on QXL may have been and gone, but for high-risk investors there could still be plenty of upside left in this stock. A risky buy, writes the Independent. The Times said shares are likely to remain unsettled on yesterday's expiry of a lock-in governing Icelandic and Israeli investors who hold 31 per cent. Buy on weakness.
Thu, 18 Oct, 2007
Happy days continue for investors in the mining sector. The bull run that commodity stocks have enjoyed has enabled Rio Tinto, the integrated miner, to almost quadruple in value over the last four years.
Wed, 17 Oct, 2007
Bellway was correctly cautious in its 2008 outlook, it looks more a question of how bad will the housing recession be rather than whether there will be one. Investors already in the stock have lost almost 40 per cent of their money since the stock peaked in April. The valuation would suggest that most of the downside has been priced in, and given the decent numbers and strong yield, they should hang on. But for potential new investors, there are better opportunities for growth elsewhere, says the Independent.
Tue, 16 Oct, 2007
Brokers estimate that Rank's operating profits before amortisation could fall to £50.3m in 2008 versus £77.4m in 2006 because of its problems in bingo.
Sun, 14 Oct, 2007
Concerns that Alistair Darling's Pre-Budget Report tax grab on airlines might have a serious effect on share prices seem to be easing. Low cost carriers such as easyJet (588p) squeeze more people on to each plane than other airlines.
Fri, 12 Oct, 2007
Although the Foseco acquisition is not expected to affect current-year earnings the deal makes compelling sense for Cookson.
Thu, 11 Oct, 2007
The only mystery surrounding yesterday's agreement between SABMiller and Molson Coors to merge their US operations was why it had not been done sooner. With emerging markets' taste for lager booming and Europe in love with new foreign beers, shareholders should charge their glasses now, says the Telegraph.
Wed, 10 Oct, 2007
Greggs has managed to pass most of rising costs on to customers - selling prices are 4.5% ahead of last year - but with competitive pressures as strong as ever, and Greggs keen to promote value, such rates can't continue for ever.
Tue, 09 Oct, 2007
Friends Provident and Resolution have set 5 November as the day on which investors will vote on the proposed £8.4bn merger to create "Friends Financial".
Sun, 07 Oct, 2007
Four months ago HBOS got a right kicking for misreading the mortgage market. The "calculated" bid to bring some stability to a crazy market backfired and the bank's share of new lending dived to 8% in the first six months, from 17% a year before. For a previously sure-footed bank, it was a worrying stumble.
Fri, 05 Oct, 2007
Halfords remains a solid performer in uncertain times for the retail market and trades at about a 4% price-to-earnings discount to the sector. While the 3.73% yield is fine, its price-to-earnings ratio of 14 times is relatively high. It has performed well, is solid defensively but investors looking for a quick return could be disappointed. Hold says the Independent.
Thu, 04 Oct, 2007
It has been a long cold summer for the electric components group Premier Farnell, but, as its three-year overhaul begins to show signs of flourishing, investors prepared to lock in could well reap the rewards. While there are still two-years to go of its strategy Premier is sounding confident it can shake off its legacy of underperformance, and despite the shares rebounding from a two-year low late last month, it might be the right time to plug in. Buy, says the Independent.
Wed, 03 Oct, 2007
If bid talk in the water sector revives Severn Trent's name will be at the forefront of any potential consolidator.