Wednesday, June 1

Today's Share Tips in Newspapers

Online Stock Trading - Wednesday Newspaper Tips

The Independent

Investment Share Tips

Hold Bloomsbury's at 131p - sales of electronic books have rocketed, Bloomsbury made more with digital sales in Q1 of this year than in the whole of 2009. The US continued to lead the way in e-books, but they are also making inroads in the UK, the trend should accelerate, as devices such as Amazon's Kindle, recently launched in Germany, entice more readers. Questor has Bloomsbury as a buy

Buy Renold - at 36.75p -
Buy Harvey Nash at 88p - shares have rocketed by over 150% since early 2010 – there are questions about whether it can maintain the pace. If you prefer caution you may want to wait until signs emerge that it can build on its performance, but HN seems likely to go only one way, although the move may not be as dramatic as before.

Financial Times


Broker Brewin Dolphin to buy Tilman Asset Management, private client investment management services in Ireland.

Volkswagen launches €13.8 bn takeover offer for MAN.

Walmart wins approval for proposed $2.4 bn takeover of South African retailer Massmart.

Reliance Communications says it has received a number of firm offers for telecoms towers unit.

Sprint Nextel, has asked regulators to block AT&T's proposed $39 bn purchase of T-Mobile USA, saying the deal would reduce competition.

Carlyle frontrunner to buy minority stake in GarudaFood in its first SE Asian transaction

Chemicals company Ashland agrees to acquire International Specialty Products, niche chemicals maker for about $3.2 billion.

Lombard

Signals are that Tesco is increasingly likely to jettison Fresh & Easy in the US [that didn't last long - Ed.], it will hold on to US boss Tim Mason

Other comment

Shameful state of UK care homes - a strong regulator is essential to improve standards and protect the public.

The Times

Tempus share tips


Harvey Nash - strong hold;
Speculation that First Artist shares could double should be taken with a huge pinch of salt
Further progress could be slow for Norcros shares.

The Guardian


Allan Leighton's presence at Pace is a vote of confidence.

Tesco's will hand out bonuses and long-term incentives on a group-wide basis – but why the change?

Daily Mail

Stock Market Report

Unilever rose 31p to 1971p on wild rumours from US that Procter & Gamble may be about to make a mega £38 bn (£30 a share) break-up bid

Comment

Care home company Southern Cross one of the most worrying casualties of the financial crisis.

Many financial firms have a 2-stage complaints procedure - they dismiss your complaint the first time and only take you seriously if you complain again - [ TDWaterhouse must have a 5 stage complaints procedure - I complained at least 4 times and got the Financial Ombudsman out (useless by the way) - and they still denied all responsibility - needless to say I now no longer use TDWaterhouse's 'services' - Ed.]

Daily Telegraph

Questor Share Tips

Hold Tate and Lyle at 620p
Buy Genus at 975p - impending food crisis good news for share price - high rating but deserved