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Newspaper Tips and Rumours - Bioprogress Deal ?
DAILY EXPRESS
Share Whisper:
Hopes of major deal for Bioprogress (BPRG). It rose around 5% yesterday but is down today, who knows, everything is possible with this company.
Further news:
Talk of Philippines licensing deal for Metals Exploration (MTL).
THE TIMES
Tempus
Core holding - SABMiller (SAB).
Hold - Woolworths (WLW).
Buy - St James's Place (STJ).
Tiddler to Watch:
Probability (PBTY).
Other news:
Expect upgrades for Corin Group (CRG) later in year.
DAILY TELEGRAPH
Questor
Buy - Lloyds TSB (LLOY).
Hold - Greggs (GRG).
FINANCIAL TIMES
Pennon (PNN) buoyed on takeover talk.
Rumours of a deal for MeDaVince (MVC).
Record oil prices bring short-lived rally to an end.
Independent
Investment Column:
Buy - Taylor Wimpey (TW).
Sell - C&C (CCR).
Hold - Greggs (GRG).
OTHER NEWS
Stocks fall in the US as 2 mortgage insurers warn of possible £492-million subprime loss and American Home Mortgage Investment plummets 90%, after it said it could no longer fund loans.
Akzo Nobel facing possible shareholder rebellion over proposed £7.8-billion offer for ICI.
Zurich Financial - possible approach for Friends Provident (FP.).
Irish Continental (ICGC) uncertainty increases as mystery third party takes 11.4% stake.
Dow Jones closed down 146.32-points at 13211.99, Nasdaq fell 37.01 to 2546.27, S&P fell 18.64 to 1455.27.
US consumer confidence hits six-year high.
US June construction spending down 0.3% vs expected 0.2% rise.
Tin at record high of $16,600 a tonne.
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