• Investing

    Hammerson wins bid fight but faces shareholder ire over Intu acquisition as shares slump

    David Tyler: chairman of Hammerson Hammerson has fought off a £5billion takeover bid from the French.Klepierre, which runs more than 100 shopping centres across Europe, yesterday abandoned its pursuit of its British rival, whose estates includes the Bullring in Birmingham and Bicester Village in Oxfordshire.The Paris-based firm raised the white flag after the Hammerson board rejected two offers – the first at 615p a share and the second at 635p a share.It marked a major victory for Hammerson chairman David Tyler, who had insisted the price Klepierre was suggesting was ‘wholly inadequate’ and ‘entirely opportunistic’. But Hammerson shares tumbled 9 ...

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  • Investing

    Drip feed your cash and save a fortune in capital gains tax: How experts reap richer rewards by investing in an Isa early in the tax year - and often

    Early bird: It can pay to sort out your Isa at the start of the tax yearInvesting into an Individual Savings Account can reap rich rewards, especially if you take a long-term outlook. It also pays to be an early bird rather than wait until the end of the tax year.Between now and next April, adults can invest a maximum £20,000 into an Isa. The returns will accumulate free of all tax – capital gains and income.Children have a 'junior' Isa allowance of £4,260 – although the plan must be set up by a parent.Those aged 16 and 17 can complement ...

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  • Investing

    TRADER TIPS: City insiders say buy Rank Group despite a profit warning, but sell retail chain Next

    BUY THIS: RANK GROUP Analysts at Peel Hunt say you should ‘Buy’ Rank despite a profit warning this week.The owner of Grosvenor Casinos and Mecca Bingo was hit by the recent cold snap and an unusually high number of big wins at its casinos. Winning streak: Analysts at Peel Hunt say you should ‘Buy’ Rank despite a profit warningBut Peel Hunt said: ‘Rank has cash in place to improve the performance of Grosvenor over the medium term.’SELL THIS NEXT Citigroup believes you should ‘Sell’ Next as conditions on the High Street worsen. Simon Wolfson, the boss of the clothing retailer, said trading conditions had ...

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  • Investing

    SUNDAY NEWSPAPER SHARE TIPS: IMImobile, Treatt, Burberry and Green King

    Every weekend, This is Money rounds-up the share tips from the Sunday newspapers.This week, our award-winning investment writer Joanne Hart takes a look at IT firm IMImobile and updates on specialist ingredients group Treatt.Meanwhile, the Sunday Telegraph runs the rule over fashion house Burberry while the Sunday Times focuses on pub group Greene King. Greene King: Its share price has halved since December 2015FINANCIAL MAIL ON SUNDAYRoyal Mail delivers 57 million items every day to 29 million households and businesses across the country. Many of these items are parcels.More often than not, the postie turns up with the package and, ...

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  • Investing

    MIDAS SHARE TIPS: IMImobile is a fast-growing company that specialises in helping businesses deliver useful information to their customers in a range of highly effective ways

     Royal Mail delivers 57 million items every day to 29 million households and businesses across the country. Many of these items are parcels.More often than not, the postie turns up with the package and, if no one is there to receive it, the item is returned to the delivery office, so the recipients must go and collect it.Today, however, that process is gradually being replaced. Customers receive text messages or emails to let them know that a parcel is coming on a certain day at a certain time and, if that time is inconvenient, they can change it. Present and ...

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  • Investing

    Virgin Money investors could see costs tumble on its controversial tracker that charges 17 times more than rivals

    The controversial Virgin Money passive fund that charges 17 times more than its cheapest rival has been marked for a revamp under new management. The 1 per cent price tag on the Virgin UK Index Tracking fund could soon be slashed after a spokesman for the bank confirmed the fund is now under review.The cost of the Virgin fund, which aims to copy the performance of the FTSE All Share index, dwarfs fees on rival fund, the iShares UK Equity Index, which charges just 0.06 per cent for doing the same thing.  Investing in a FTSE All share tracker fund carrying Sir Richard Branson's Virgin ...

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  • Investing

    'Safe haven' funds find their time to shine as global stock market sell-off sees shares tank in March

    Investors who bought into gilts, bonds and property funds were left sitting pretty in March as heightened volatility saw the 'safe assets' rise as stock markets were hit.So-called 'safe haven' UK gilts had a total sterling return of 2.31 per cent during the month, making the sector the best performing out of all the sectors listed by industry body, the Investment Association. Troubles in global stock markets meant equity funds - those invested in shares - dominated the list of worst performers for the month, with North American funds floundering. Investors who bought into gilts, bonds and property were left sitting ...

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  • Investing

    SMALL CAP SHARE IDEAS:Raise a glass to Eden Research, where stock could mature nicely

    Bio-agriculture group Eden Research looks to have unearthed a winner with its natural pesticide, Mevalone.Wine producers in France, Spain and Italy, the world’s three top producing regions, reportedly love the product as it can protect grapes right up until harvest with no issues over residues.Inspired by locals on the ground talking it up, BBC Radio and local TV stations have already run pieces highlighting how well it works. Wine producers reportedly love Eden Research's natural pesticide, MevaloneMore importantly, for Eden, significant quantities are also now starting to be bought.Mevalone got approval in Spain and Italy in 2016 and in France and Portugal ...

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  • Investing

    How to reap dividends free from tax grab: Imminent tax changes mean stocks and shares Isas offer big benefits – if you use these tactics

    Using an Individual Savings Account as a long-term investment bolthole will become more important in coming months.This is not just a result of continued poor savings rates making investments a compelling proposition. It is because of an imminent reduction in the tax-free dividend income that investors can earn from shares or investment funds held outside an Isa.Currently, up to £5,000 of dividends can be received in the financial year ending April 5 without tax being applied. But in the new financial year, this tax-free allowance will reduce to £2,000. Investing: Using a stocks and shares Isa as a long-term bolthole will ...

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  • Investing

    TRADER TIPS: City insiders say buy Cineworld after increase in profits, but sell takeaway firm Just Eat

    BUY THIS: Cineworld   Peel Hunt believes investors should buy shares in cinema operator Cineworld.In a trading update, the firm reported a 15 per cent increase in profits this week and brokers believe its imminent acquisition of rival Regal will boost profits further. Sitting pretty: In a trading update, Cineworld reported a 15 per cent increase in profitsPeel Hunt says: ‘Management have a strong record for generating good returns from acquisitions.’SELL THIS: Just Eat  Analysts at Deutsche Bank reckon now is the time to sell shares in Just Eat. The takeaway firm this month announced a £50m investment plan to see off rivals Uber and Deliveroo.But ...

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  • Investing

    MIDAS UPDATE: Our paymaster tip Equiniti soars by 80% in 20 months

    Buying spree: Guy WakeleyEquiniti provides essential services to most of Britain’s biggest companies, helping them pay wages and pensions, create employee share schemes, raise money on the stock market and distribute dividends. Equiniti also owns the share-dealing platform Selftrade, and helps firms deal with financial grievances from customers, such as mis-sold Payment Protection Insurance.Midas recommended the shares in July 2016, when they were 171¾p. Since then, they have risen by 80 per cent to 310p and should continue to deliver strong growth.The firm traces its heritage back to the 1830s, when it was the Government’s paymaster, and it has been ...

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  • Investing

    MIDAS SHARE TIPS: Join the Caribbean oil rush as Trinidad-based Trinity Exploration & Production looks set to drum up healthy returns for investors

    At its height in 2014, Trinity Exploration & Production was valued on the stock market at about £150 million and the shares were trading at 159p.Then the oil price slumped and the Trinidad-based oil producer found itself with too much debt, too many staff and a bloated cost base.Chairman Bruce Dingwall was forced to issue nearly 200 million new shares as part of a comprehensive restructuring package. Today, Trinity’s valuation has shrunk to £44 million and the stock is 15½p. Out of the doldrums: At its height in 2014, Trinity Exploration & Production was valued on the stock market at ...

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  • Investing

    The dividend heroes pick up a new recruit: Another investment trust joins group that have raised payouts for at least 20 years

    Investors can cheer the arrival of a fresh dividend hero – as another investment trust has joined the ranks of those that have raised payouts every year for two decades.Invesco Income Growth’s decision to once again raise its payout meant there are now 21 dividend heroes, the latest list from the Association of Investment Companies revealed today.To make the cut trusts must lift their dividend for at least 20 consecutive years – meaning all on the list have raised payouts at least as far back as 1998, the year that the Good Friday Agreement was signed, the £2 coin arrived ...

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  • Investing

    TRADER TIPS: City insiders say snap up Money Supermarket, but sell AA as it's hit by 'range of market headwinds'

    Analysts believe investors should ‘buy’ Money Supermarket sharesBUY THIS: Money SupermarketAnalysts at Investec believe investors should ‘buy’ Money Supermarket shares despite a huge price fall last week.It shares crashed after the comparison site warned of slower growth this year and costly investments.But Investec believes this was merely a ‘distraction’ and the business is primed for ‘stable, scalable’ growth. SELL THIS: AA Berenberg has downgraded roadside rescue service AA from ‘hold’ to ‘sell’.The firm’s shares dived almost 30 per cent last week after announcing a dividend cut and major investment plans.Berenberg says AA faces a ‘range of market headwinds’, including higher insurance taxes ...

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  • Investing

    TRADER TIPS: City insiders say buy Indivior, but sell Chiquito and Garfunkel’s owner The Restaurant Group

    BUY THIS: Indivior   Jefferies reiterated its ‘buy’ rating on drug firm Indivior.Sales rose 3 per cent to £1.09bn in 2017 as the US opioid addiction crisis grew. It has been described by President Trump as a public health emergency. Boost: Sales at Indivior rose 3 per cent to £1.09bn in 2017 as the US opioid addiction crisis grewReiterating their 500p price target, analysts said Sublocade, its newly approved version of opioid addiction drug Suboxone, was key, even if the impact on performance would not be seen until interim results in July. SELL THIS: The Restaurant Group    Analysts at Berenberg believe it is time to ...

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