Wednesday, 13 May 2009

Stock Market Investing Stock Picks

Stock Market Investing - Wednesday's Newspaper


Just another quick word about MPs expenses. Health Minister Phil Hope has decided to pay back £41,709 in expenses he has claimed, because, in something akin to a Road to Damascus conversion, he has revealed "integrity is more important to me than money." Hallelujah ! A pity it has taken public disclosure of his expenses claims in a national newspaper to help him find his integrity, but better late than never.

What were Phil Hope's expenses ? The whole list is very long but it includes : a new kitchen, a chest of drawers, seven doors and wooden flooring, a television, a mattress, an armchair, a sofa, three chairs, a washing machine, one coffee table, two bookcases, a wardrobe, table lamps, a dining room table and a gravy train. Nice work if you can get it, but Phil welcome back to the real world where people pay for their furniture from their salaries.



Stock Market News and Stock Picks



FINANCIAL TIMES
Exports still falling in China

German bad banks -- the long-awaited effort to design a rescue plan look as though it won't work

UK quantitative easing -- if the economy really is recovering it quantitative easing should be ended

Bank of America sells a third of its interest in China Construction Bank

Comment:
Aberdeen Asset Management rises acquisition rumours

Max Petroleum said to be nearing the sale of its Astrakhaskiy block in Kazakhstan

THE TIMES
Tempus :


Buy Babcock International
Hold Stobart Group
Buy C&C Group

Talk that Rheochem may soon agree the sale of an oil field for about £5 million

Bet of the day: Sainsbury

Tiddler to watch - New Britain Palm Oil

DAILY TELEGRAPH

Questor:


Buy Babcock International
Hold Redrow and other housebuilders

Comment

Rio Tinto down on talk of £5 bn cash call

THE INDEPENDENT
Investment


Buy Serco
Avoid Intercontinental Hotels
Buy Brit Insurance

DAILY MAIL

Investors brace themselves for BT results


DAILY EXPRESS

Talk of takeover and disposals lift Uniq.


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