Tuesday, August 2

Tuesday Newspaper Stock Picks

Online Stock Trading - Newspaper Tips


The Times

China’s factories are at their lowest level of activity for 28 months

Tempus share tips


Buy Ultra Electronics
Buy Xchanging.

The Independent

Investment Column Stock Picks

Buy Intertek at 1990p
Buy Hornby at 137p
Avoid Rentokil Initial at 89.5p.

Comment

HSBC’s move away from the UK has begun. The bank will cut 30,000 jobs but will it also move its HQ 6,000 miles to Hong Kong?

Financial Times
Cooper Industries walks away from takeover talks with Laird after refusing to improve their offer of 220p a share

Macarthur Coal open to offers valuing its business at nearly A$5 billion after rejecting a A$4.7 billion bid from Peabody and ArcelorMittal.

The Daily Telegraph
Comment

Fears of a double-dip recession on both sides of the Atlantic dash hopes that Europe's summit deal in July would contain the crisis.

Questor Share Tips
Buy Hammerson at 472.5p
Hold HSBC at 607.5p
Caretech speculative buy at 128.5p - Traders believe Mr Griffiths may be involved in a management buyout and the company may be bought for 180p a share. For the more adventurous - could be worth a punt. Buy
Jardine Lloyd Thompson sell at 643.5p