Thursday, June 2

Todays Share Picks in Newspapers

Stock Market Tips - Thursday Newspaper Stock Picks

Check back later for Shares Magazine tips

The Times, online sports nutrition seller, has been bought by The Hut in a £58 million deal.

Tempus share tips

Hold Wolseley,
Hold May Gurney
Hold ICG.

The Independent

ASOS maintains rapid rate of growth with overseas sales now accounting for 43% of turnover. It is expanding into three more countries.

Investment Stock Picks

Buy Galliford Try at 463.5p - trading on just 9 times earnings
Buy Iomart at 88.5p - cash generation is good
Buy Trifast at 47.75p - some positive hints on dividends


Home loan figures show that the number of people taking out mortgages is still falling.

Financial Times
Schneider Electric is offering a $2 bn bid for Spanish software and services company Telvent, to increase its presence in the smart grid market.

Sealed Air, Bubble Wrap maker, is buying Diversey Holdings in a deal that values the private sanitisation company at about $4.3 billion.

Lenovo agrees to buy German computer company Medion, for €629.4 million.

Axa has sold its Canadian business for C$2.6 bn.

The Lex Column

Markets getting ready for end of QE2. If there is a QE3, which is possible, confidence may return in the autumn.

Axa's recent conservative approach, based on organic growth inspires confidence, but its 5-year plan will require improved performance in Asia.

The Guardian

US economy still in rehab - house prices still falling, jobs and factories still struggling, no more QE. It could be a long haul for the US.

As Southern Cross has discovered, care homes are not good sources of cash. The sector needs reforming.

Daily Mail

Stock Market Report

Car dealer Lookers - dealers heard an agreed 95p a share cash bid is not far off.

Midas Share Tip

From 29 May
Innovation Group - buy at 19p. Shares should move higher this year and after. They have put their house in order, morale is high and benefits are expected as insurers come under pressure to outsource administrative functions and cut costs

Daily Telegraph

Questor Share Tips

Time to sell Lonrho at 16.75p - up 112% since it was tipped
May Gurney Integrated Services - buy at 272p -