Sunday, 24th May 2015

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News & Reports

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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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. 1 hour ago

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. 4 hours ago

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. 6 hours ago

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. 7 hours ago

Sunday newspaper round-up: Vodafone, National Grid, bank legal claims

Several of Vodafone's major shareholders have urged the telecoms giant to pursue a merger with US-based Virgin Media owner Liberty Global and offload some of its overseas businesses. After Liberty's owner, US billionaire John Malone, dropped heavy hints about a potential deal, the Sunday Telegraph reported that some of the UK's largest investment groups would support a plan by FTSE 100 telecoms giant Vodafone to sell off networks in countries such as India, Turkey and South Africa in order to focus on a merger of its European arm. The paper said two major shareholders in the UK company confirmed they were backing the plan, with several more understood to be debating the idea, "putting the board under growing pressure to respond". 8 hours ago

US close: S&P 500 retreats from record after Yellen rate comments, CPI data

US stocks declined on Friday with the S&P 500 benchmark index retreating from a record high, as inflation data and comments from Janet Yellen sparked concerns about monetary policy. 2 days ago

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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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