Tuesday, 26th May 2015

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Conservative challenger wins Polish presidential elections

Sun 24th May 15, 22:35:57

On Sunday, Polandīs incumbent president Bronislaw Komorowski lost a run-off vote against his conservative challenger, Andrzek Duda, by a margin of 53% to 47%.

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Japan rocked by 5.6-magnitude earthquake in Ibaraki prefecture

An earthquake hit Japan on Monday afternoon, the country's Meteorological Agency and various media reports confirmed. 13 hours ago

Spanish stocks sag in aftermath of regional elections

Spanish stocks began the morning lower as traders in Madrid reacted to the stiff punishment inflicted by the country's voters on the ruling centre-right People's Party (PP) in the wake of Sunday's regional and municipal elections. 17 hours ago

Spanish centre-right PP to be forced into multiple regional coalitions

Spainīs centre-right party PP obtained the most votes in the countryīs municipal elections, and a similar outcome was expected in the regional contests, which - pending full results for the regional elections - may allow for many of the current economic policies to be kept in place. Yesterday

Week ahead: US data in focus

The coming week will see a raft of macroeconomic data published Stateside, with perhaps the second reading on first quarter gross domestic product standing out the most. The most recent tracking estimates from economists indicate the US economy may have contracted at an annualised pace of about -1.1% in the first three months of the year - although it is thought that growth is being underestimated due to statistical factors. Yesterday

Spaniards not about to throw economic recovery out the window, Berenberg thinks

The recovery in Spainīs economy is on track and Spaniards are not about to throw it away. Yesterday

Sunday share tips: Tate & Lyle, Direct Line and Bloomsbury Publishing

Insurer Direct Line's shares are worth holding, according to Midas in the Mail on Sunday. The insurer is part of a new tendency of companies to pay special dividends on top of their two payments per year. Directors have proposed special dividends every year and are expected to pay two for 2015, taking the company's yield to a jaw-dropping 13.6%. A return of 27p a share is imminent after the sale of its international business last year, with analysts forecasting an ordinary annual dividend of 13p and another special dividend for 2015 of about 5p. Although premiums are thought to be increasing, a good chunk of profits come from instalment income, where customers pay higher monthly premiums. These recently came under scrutiny from the Financial Conduct Authority and, if the regulator takes action or customers start altering their behaviour, that could affect Direct Line's profits and dividends. Yesterday

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Disclaimer: This news feed is provided by Digital Look Ltd. BullBearings Ltd do not necessarily share the views expressed within the stories. The stories are for general information purposes only and not a solicitation or personal reccomendation to deal. BullBearings Ltd accepts no liability or responsibility for any of the content contained in the information provided by Digital Look Ltd.

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