Stocks and Shares - Newspaper Share TIps Thursday
The Daily Telegraph
South African conglomerate Bidvest, has had approach for its food distribution services arm, for a possible $4 bn deal.
Questor Share Tips
Buy Ferrexpo at 469p
Buy Balfour Beatty at 316p
Buy Genus at 1032p
Shares in Axis-Shield jump 49% the group said it had rejected a £230 million offer from US rival Alere.
Irish building materials group CRH agrees to pay €100 million for Belgium’s VVM Group.
Ontario Teachers’ Pension Plan is selling its 12% stake in Hammerson, for more than £400 million.
The Lex Column
Portugal - the mood sours once again, with investors increasingly convinced crisis cannot be contained.
China raises rates: - increase in 1-year interest rates shows Beijing has same inflationary problems as everyone else.
Murdoch’s tabloids have ignored questions about methods, thinking they would be protected from discovery.
Tempus share tips
Bwin.party - speculative punt
Balfour Beatty long term "buy".
European IPO market in crisis - approximately half the deals launched this year have failed completely.
Investment Share Tips
Hold Balfour Beatty at 316p
Hold Robert Wiseman at 323.5p
Buy Robert Walters at 313p.
Sports Direct paid £7 million for 80% stake in USC and Cruise, specializing in designer brands such as Ugg and Adidas Originals
Thousands of retirees discovering they have little more in their pension than they and their employer paid in.