Research Reports - Week 01 March 2010

Buy AB Foods

Galvan Chart Breaker - 05 March 2010 - 02:38 PM

The recent bumper trading update from AB Foods showed clear improvement across all sides of the diversified business, but it was the Primark discount retail chain that impressed most of all.

Non-Farms On Tap

US Pre-market Patrol - 05 March 2010 - 02:09 PM

Another benign US jobs number leaves traders upbeat, with general expectations for a continuation of the recent strength in the stock market now the main indicator – jobs – looks to be on track

Positive Data And Consolidation

Weekly Market Watch - 05 March 2010 - 12:35 PM

It was a largely positive week for UK economic data with multi-year highs from the service sector, accompanied by manufacturing and consumer confidence all hitting the highs. The FTSE100 consolidated its position above 5,500, boosted by a strong performance from the mining sector

Brutality At WPP

Trader's Diary - 05 March 2010 - 10:44 AM

A tough year at WPP, but even so leading UK stocks are up again and just off their best level of the day so far at 5,556

Job Claims Fall

US Pre-market Patrol - 04 March 2010 - 02:08 PM

At least for now there appears to be nothing to undermine or halt the recent rally for US stocks, with the latest jobless claims fall today setting a firm tone for traders pre open

No Change From The Bank Of England

Trader's Diary - 04 March 2010 - 01:22 PM

After recent sharp gains for the FTSE100 above 5,500 and with the prospect of a Bank of England interest rate decision, it was no surprise that the UK’s leading stock index was distinctly on the flat side.

Sell Capita

Galvan Chart Breaker - 04 March 2010 - 11:59 AM

The disappointing trading update and weak growth guidance from Capita makes the shares at 724p look rather exposed toward the upper end of the year trading range

ADP On Tap

US Pre-market Patrol - 03 March 2010 - 02:30 PM

Stability remains the name of the game as far as US equity markets are concerned today once again, driven by an improving look from the private sector on the US employment front.

Reiterate Buy Pearson

Galvan Chart Breaker - 03 March 2010 - 12:59 PM

Pearson retains its impeccable fundamental and technical credentials.

Back From The Abyss

Trader's Diary - 03 March 2010 - 11:14 AM

WPP (WPP) sees signs of stabilisation in its markets, while Arriva (ARI) counts the cost of a drop in profits.

Buy Northumbrian Water

Galvan Chart Breaker - 02 March 2010 - 03:03 PM

In spite of the initial disappoint over the mooted Canadian pension fund, bid failing to materialise, M&A activity in the utilities area in general, and around Northumbrian Water in particular puts the stock back in focus as a buy

GM Recalls 1.3m Cars

US Pre-market Patrol - 02 March 2010 - 02:04 PM

Investors are once again shaking off the negative implications of the GM car recall, for an already ailing company

Persimmon Perks Up

Trader's Diary - 02 March 2010 - 12:26 PM

Housebuilding sector bellwether Persimmon (PSN) swings back into profit

The Royal Bank of Scotland (RBS)

Special Situations - 01 March 2010 - 03:16 PM

Stock markets around the world bounced back in 2009, but RBS wasn’t invited to the party. In fact RBS ended up being the worst performing stock in the FTSE 100 last year, down 40%. Is RBS finally at bargain levels or are the shares a value trap?

Prudential Buys Into AIG

US Pre-market Patrol - 01 March 2010 - 02:13 PM

Just for a change, a UK driver has emerged for US stocks. The substantial and audacious bid $35bn bid from Prudential for AIG’s Far East unit should support US equities at least initially

Charity Begins At HSBC

Trader's Diary - 01 March 2010 - 12:40 PM

The HSBC boss gives it all away to charity, but can't disguise rising impairments and a fall in profits.

Reiterate Buy Smiths Group

Galvan Chart Breaker - 01 March 2010 - 09:57 AM

Galvan Research reiterates its 11 January buy note for Smiths Group on hopes for continued growth at its detection business.
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