Weekly Trading Update

Weekend Paper Roundup 05/10/2015



Financial Times
- VW rivals under scrutiny as US widens hunt for emission cheats
- Japan Post studies Royal Mail’s listing mistakes
- GE revives its 1950s Theater brand for content marketing
- Morgan Stanley reshuffles reignites succession talks
- Valeant proves a bitter pill for hedge funds to swallow

The Wall Street Journal
- HSBC dividend doubters are in for a surprise
- China’s Huarong to start taking orders for $2.5 billion IPO
- Commodity slide threatens emerging market debt
- Activist firm Trian makes a big bet on GE
- Saudi Arabia cuts oil prices amid OPEC price war

The Guardian
- Car emissions test body receives 70% of cash from motor industry
- VW scandal is ‘heavy blow’ for German economy, says EU’s Martin Shulz
- TPP trade deadlock: Japan leans on US to break impasse
- UK could legislate to force tax havens to reveal offshore ownership, says Pickles
- AstraZeneca pays no UK corporation tax despite £3 billion profits

The Telegraph
- ITV and pub companies face knock from England Rugby World Cup exit
- Rolls-Royce plans to cut 400 jobs
- Bidding war brews for Xchanging as Capita and Apollo make proposals
- Bernanke: More executives should have been prosecuted for financial crisis
- Tories’ wage and leave reforms under fire from small businesses

The Times
- River Island profits flow
- Break-up BT or broadband will stall, says rivals
- SAB veteran in shares conflict
- Emerging market loans threaten British banks
- Exponent snaps up Moonpig-owning Photobox

Daily Mail
- Tesco to reveal it has finally stemmed its sales decline, but profits may sink further
- Shell may post loss after taking £2.7 billion Arctic exploration hit
- Redcar collapse comes as sector sees slump in confidence with thousands more jobs at risk
- Osborne to net billions as huge global crackdown on multinational tax avoidance begins
- ‘Dreadful’ US job figures shred hopes of rate rises on both sides of the Atlantic

The Independent
- American Apparel files for bankruptcy in the US
- Quitting Britain back on Prudential’s agenda as new capital rules loom
- Sports Direct under fire over work conditions at its headquarters
- Finance chiefs say their companies have been plunged into uncertainty
- Lloyds public share sale worth £2 billion planned for spring


DISCLAIMER


Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investors lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. For professional clients, spread betting and CFD trading can also result in losses larger than your initial stake or deposit.

Spreadex Ltd is authorised and regulated by the Financial Conduct Authority, provides an execution only service and does not provide advice in any way. Nothing within this update should be deemed to constitute the provision of investment advice, recommendations, any other professional advice in any way, or a record of our trading prices. This update does not constitute or form part of an offer of, or solicitation for a transaction in any financial instrument, nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore. Any persons placing trades based on their interpretation of the comments or information within this update does so entirely at their own risk.

No representation, warranty, or undertaking, express or limited, is given as to the accuracy or completeness of the information or opinions contained within this update by Spreadex Ltd or any of its employees and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. As such, no reliance may be placed for any purpose on the information and opinions contained within this update.

The information contained within this update is the intellectual property of Spreadex Ltd and is protected by UK and International copyright laws. All rights reserved. Users may however freely download, distribute and reproduce extracts of the contents, subject always to accrediting Spreadex Ltd as the source and providing a hyperlink to www.spreadex.com.