Weekly Trading Update

Weekend Paper Roundup 17/08/2015



Financial Times
- Woes of Android pioneer HTC highlights risks to rivals in ‘bloody industry’
- Agnelli family buys most of Pearson’s Economist stake
- Precision deal sees Buffett bag biggest elephant to date
- Relief as private equity club offloads SunGard for $9.1 billion
- Cords fray as US viewers look to new screens

The Wall Street Journal 
- As the iPad cools, Apple pushes into businesses
- Analysts turn gloomier on oil outlook
- Nestle’s hit by stronger Swiss franc
- Coke picks a no. 2, likely successor to CEO Kent
- Samsung unveils pay service, big screens

The Guardian
- China does not want ‘currency war’ with west, says central bank economist
- Disney awakens the force with Star Wars-themed lands
- Greece needs further debt relief after third bailout deal in 5 years, says IMF chief
- Mini bond offered for new stand at Oval Test ground
- Milk price row: Booths says stores have duty to pay farmers fairly

The Telegraph 
- Interest rates must rise sooner rather than later, says Kristin Forbes
- Troubled Quindell appoints new boss following SFO probe
- Quarter of bankers still under pressure to mis-sell
- Angela Merkel expects IMF to take part in Greek bailout
- Shipping company Clarksons hit by global oil price rout 

The Times
- Diesel falls amid signs of return to deflation
- Lamprell chief to retire amid shake-up
- US carmakers are motoring but factories are stalled
- US eases crude oil ban with Mexico deal
- Shock as chief is shown the door at Premier Farnell 

Daily Mail
- Morrisons looking to sell 160 of its smaller convenience stores
- Revamped M&S voted the most improved retailer in key annual survey
- Glencore profits to fall by a third after commodity slump and shrinking Chinese economy
- Bovis Homes and Persimmon’s profits go through the roof as rivals are shut out
- Shire ‘must lift offer’ before bid target Baxalta will open books

The Independent
- Tunisia terrorist attack to cost TUI up to £32 million, says travel operator
- Tsipras faces a battle for survival, despite Greek backing for bailout
- World’s big banks set to be sued in London over forex rigging
- Fewer vacant shops give rare fillip to high street
- Britain’s blue chip bosses paid 183 times more than average worker

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.