Tuesday, May 10

Tuesday May10 Newspaper Share Tips

Share Trading Tips - Tuesday Newspaper Tips


For Investors Chronicle tips from Friday - click here

Financial Times

Chipmaker CSR has called into question its takeover of US imaging and video technology group Zoran after it reported a drop in revenues and widening losses.

Volkswagen has increased stake in MAN and has announced a tender offer .

Hertz has launched a $2.2 bn offer for rival Dollar Thrifty

Recent approach by Bain Capital for Micro Focus has increased debate about the UK software company's long-term growth prospects.

Lex

UK banks: PPI (payment protection insurance) - the amount set aside by banks in the UK to compensate customers for payment protection insurance mis-selling caper may not be enough.

The Times


Serco is in talks with Blackstone about buying a stake in an Indian business processing company and call centre.

Tempus share tips

Inmarsat shares - good value; at just over 11 x this year’s earnings
Hiscox shares have potential.
Centrica's shares have fallen too far

Comment

Banks abandon their fight over payment protection insurance.

The Independent

Investment Share Tips


Hold Serco at 547.5p - reassurance means they are a hold
Hold Hiscox at 414p
Buy Lonmin at 1562p

The Guardian

Viewpoint

Greece will crash, build up the buffers - targets on deficit-reduction have been missed and the economy is a mess.
The moral of the payment protection insurance scandal - don't rip off your customers - banks ought to apologise for their "fancy legal footwork" over PPI.

The Daily Telegraph


Goldman Sachs, an investor in Facebook since January, will cash out the whole of its stake in LinkedIn when it floats later this month.

Questor Share Tips

Hiscox - buy at 414p - in good position to benefit from rising reinsurance rates
Inmarsat - hold at 619p
Comment

The Greek government's request for bail-out restructuring is unlikely to get a sympathetic hearing from other European countries.

Daily Mail

Stock Market News


Kesa Electricals shares rise on revived bid talk, then blow a small fuse when gossip suggests the pre-close trading statement may contain another profits warning.

Comment

The banks retreat over the mis-selling of payment protection insurance suggests banking industry has something to learn from António Horta-Osório at Lloyds Banking Group [he was previously the CEO of Santander - frequently rated very low in consumer surveys in the UK - Ed.].

Shoppers feel the squeeze and retailers and big High Street names have already issued profit warnings.