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Gemalto* (GTO-PAR, €72, Buy) reported 2012 results this morning, broadly in line with analyst expectations. Revenue increased 13% over 2011, to €2.2bn, driven by strong performance in the Mobile...
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Major equity markets have been strong this week, whilst the performance of government bonds has been mixed. The ‘safe haven’ sovereigns have generally performed well, whilst the European peripherals...
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Although I’m always happy to recommend something a little cheaper than normal, I would begin by explaining that once the cost of duty (currently £1.90 a bottle), packaging and shipping are stripped...
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The shares of closed-ended funds (e.g. Investment Trusts) are subject to supply and demand. This means that in the short term their share prices can vary markedly from the underlying net asset value....
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Last night, we met with the management of Serco Group* (SRP-LON, 627p, Buy), following which we are reiterating our positive stance on the shares. Serco provides a range of services in markets such as...
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Last night, an article published by the Wall Street Journal speculated that Visa* (V, $156, Buy) may be obliged to acquire Visa Europe. Visa is the world’s leading global payments technology company....
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United Utilities* (UU-LON, 696p, Buy) issued a pre-close trading update this morning, confirming that the group remains on track to meet full-year expectations. Formed in 1995 through the merger of...
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Risk markets were broadly softer this week, following the announcement of a radical bailout plan for Cyprus, some weaker-than-forecast economic data from Europe and downgrades to the UK’s growth...
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A weekly wine review written by Jonathan Jackson, our in-house wine enthusiast. Last week, I travelled to London’s Tobacco Dock for The Real Wine Fair, an annual event which hosts more than 100...
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The shares of closed-ended funds (e.g. Investment Trusts) are subject to supply and demand. This means that in the short term their share prices can vary markedly from the underlying net asset value....
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Killik & Co is delighted to have received the Best Discretionary Service Award at the 2013 City of London Wealth Management Awards, presented by Lord Lamont at a ceremony at The Guildhall on 21st...
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We have published an updated note on our Air Travel theme, in which we reiterate our Buy recommendations on Boeing* (BA, $86.6, Buy), Rolls-Royce* (RR-LON, 1,103p, Buy) and Senior* (SNR-LON, 242p, Buy)...
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National Grid* (NG.-LON, 751p, Buy) has today released a positive statement, in which the group reveals its new long-term dividend policy and provides an upbeat assessment of current trading....
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The shares of closed-ended funds (e.g. Investment Trusts) are subject to supply and demand. This means that in the short term their share prices can vary markedly from the underlying net asset value....
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Zero dividend preference shares (ZDPs) are zero coupon securities, typically issued by closed-ended investment companies (e.g. investment trusts). They have set maturities and are backed by the assets...
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International Airlines Group (IAG-LON, 254p) has today announced that it has reached an agreement with Boeing for new long-haul aircraft. IAG plans to convert 18 existing Boeing 787 options into firm...
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Following a strong start to the week, which lifted the S&P 500 index to a record high, global equities gave up some of their gains. Weaker than expected US employment data and increasing tensions...
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A weekly wine review written by Jonathan Jackson, our in-house wine enthusiast. Although the clocks have sprung forward, it still feels wintry enough for a big red, such as Domaine du Silène, Grés de...
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The shares of closed-ended funds (e.g. Investment Trusts) are subject to supply and demand. This means that in the short term their share prices can vary markedly from the underlying net asset value....
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Ahead of its results on 22 May, FirstGroup* (FGP-LON, 201p, Neutral) has today released a trading update covering the year to 31 March 2013. Overall, trading has been in line with management’s...
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