magazine archive
magazine archive
Story In Numbers
IMF predicts 3.7% global growth in 2018
Thursday 19 Oct 2017Global output growth will increase by an estimated 3.6% in 2017 versus 3.2% last year, according to the IMF (International Monetary Fund). It believes the pace of growth will increase to 3.7% in 2018. It says growth is accelerating in Europe, Japan, China and the US. However, it says the global...
ScS shareholders are sitting pretty
Thursday 12 Oct 2017Based on 43.2p per share of total cash returns, 24.7% is the equivalent percentage return investors have enjoyed from ScS ( SCS ) on its 175p IPO issue price since it re-listed on the stock exchange in January 2015. While the consumer backdrop is becoming tougher for big ticket retailers, the ‘Sofa...
Consumer product experts raise $1.25bn for new cash shell
Thursday 12 Oct 2017A group of individuals previously at US consumer products group Jarden have raised $1.25bn for the launch of a new buy-and-build business called J2 Acquisition ( JTWO ) . The cash shell has started trading on London’s Main Market and will seek to buy businesses in undisclosed sectors. J2 has been...
US recession? Almost no chance
Thursday 12 Oct 2017There is virtually no chance of the US economy plunging into recession during the next 12 months, say economic strategists at investment bank UBS. The analysts input many hard and soft data points into their model and find that a ‘US recession probability is still close to zero’. Hard data is fact...
A stable for ‘Unicorns’
Thursday 05 Oct 2017The UK is punching its weight when it comes to building ‘unicorns’, namely fast growing businesses valued in excess of $1bn-plus. Technology advisory GP Bullhound says the UK boasts 22 of the 57 such companies in Europe, significantly outpacing entrepreneurial hubs Germany (7), Sweden (7) and...
Rise in number of billionaires could aid GYG
Thursday 05 Oct 2017Superyacht refitting firm GYG ( GYG:AIM ) may well be immune from any economic downturn, according to the company’s chief executive Remy Millot. He claims GYG is in the billionaire end of the market which he claims is ‘protected’ from global economic woes. With 195 new billionaires this year...
AIM superstar expands into insurance sector
Thursday 05 Oct 2017One of the most successful AIM stocks has expanded into the pet insurance market, although the move isn’t expected to boost earnings until its financial year ending June 2019. CVS ( CVSG:AIM ) says the response from customers since launching insurance under the name of MiPet Cover in August has...
Data surge
Thursday 28 Sep 2017Global data demand is predicted to jump by 23.7% per year through to 2021 as consumers and businesses demand increasingly high-quality connectivity and on-demand entertainment. According to Cisco research, the 1.2bn terabytes of data generated in 2016 will soar to 3.3bn by 2021. In other words,...
Ryanair’s €20m compensation ‘won’t hurt’ 2017 earnings
Thursday 28 Sep 2017Budget airline Ryanair ( RYA ) is expected to pay out €20m after cancelling flights last minute so pilots could take their annual leave. Investment bank Berenberg is confident this compensation payment and an additional €5m charge that may emerge from the cancelled flights won’t affect full year...
Retail sales confound doomsters’ predictions
Thursday 28 Sep 2017The year-on-year growth in UK retail sales in August, as reported (20 Sep) by the Office for National Statistics (ONS), came in at a surprisingly strong 2.4% despite a backcloth of rising inflation and falling real wages. Well ahead of expectations, the data shows the UK consumer is still very much...