Friday Papers: tips and comment

Fri Jul 3, 2009 7:57am BST
 
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FT Lex Comment:

* Renewed NRG -- management's cool reception to Exelon's bid last year made sense and served shareholders well. But they should not reflexively reject the latest offer

* Reforming research -- Eliot Spitzer may have gone down in a blaze of ignominy, but his Wall Street legacy lives on

* US jobs -- unemployment data point to a slow recovery - but worse, there are precious few signs of life at all

* UK telecoms -- wringing out every last drop of savings by shutting down redundant networks and cutting marketing costs has become a priority

* El Nino -- when weather forecasters predict a growing probability that El Nino will return this year, commodity traders sit up in their chairs

* Standard Chartered -- the new chairman is stepping up at a time when there is a danger animal spirits are settling in.

Lombard (p. 16):

* Standard Chartered needs Peace and understanding -- F&C Asset Management: free and clear? -- Photo-Me International: failure to develop

Small Talk (p.18):

* London Stock Exchange chief reassures junior market of its importance -- Epistem's measured growth

Other comment:

* Facebook: what friends are for (p.9)

* BP makes bold and solo return to Iraq (p.17)

* Old Mutual latest company to be linked with Resolution (p.32)

DAILY TELEGRAPH

Questor:

* Buy John Wood Group -- Buy Cineworld -- Buy International Power

Comment:

* The Home Office is where the heart is for British business -- Domino's takes a slice of tax relief -- MPC man backs bottom view

THE INDEPENDENT

Investment Column:

* Buy Greene King -- Buy Care Group -- Buy Photo-Me International

Outlook:

* A credit crack-down is too easy -- How to fill the top jobs that no one wants -- O2's coup is a gamble

Other comment:

* Interview private equity chief Jon Moulton

THE GUARDIAN

Viewpoint:

* FSA: still fiddling with the levers on fair rewards -- A long tough job: the fizz started to disappear from stock markets a few weeks ago

Other comment:

* Interview John Flynn, the man who bet his shirt on Andy Murray at Wimbledon

DAILY MAIL

* BT investor fury at executive awards

* Bondholders warn Pearl over listing

* Aberdeen Asset Management: martin Gilbert buzzing over takeover

* Independent broker Galvan believes Inmarsat is recession proof

* Reports that JD Wetherspoon has acquired co-existing pubs from Regent Inns

INVESTORS CHRONICLE

Tips:

* Sell British Airways at 126p -- Kesa Electricals at 107p -- Niger Uranium at 26p

* Buy Kier Group at 900p -- Melorio at 150p -- Serica Energy at 56p

Updates:

* Buy Serco -- International Power -- Hill & Smuith -- Pace

* Sell Wolseley

Company Results:

* Sell DSG International -- Carpetright -- ASOS

* Buy Green Dragon Gas -- Eredene Capital -- GMA Resources -- Immupharma

 

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