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Accendo Press Quotes: Week-ending 19 Sep 2014

Scotland votes ‘No’ to independence

UK Index Global Markets – 19 Sept 2014

http://www.UK Index globalmarkets.com/news/scotland-votes-no-to-independence.html

DJ Exposure To Scotland Helps This Morning — Market Talk

DowJones – 19 Sept 2014

Stocks with clear Scottish links are among the top UK Index performers Friday. Mike van Dulken head of research at Accendo Markets says, “(those with) Exposure to financials and the North Sea are the biggest winners as might be expected, given that these made up such a big part of the referendum discussion. He notes that RBS, Lloyds, Aberdeen Asset Management, Standard Life, Petrofac, Wood Group, Babcock International, Aggreko, Weir Group, First Group and SSE are delivering some of the best gains so far on Friday for traders. RBS is the top UK 100 riser, up 3.5%.

Pound and bank shares rally ahead of Scottish referendum result – business live

Guardian – 18 Sept 2014

http://www.theguardian.com/business/blog/live/2014/sep/18/federal-reserve-gold-price-dollar-greece-business-live

easyJet increases dividend payout by 20%, orders 27 new jets

WBP Online – 18 Sept 2014

http://wbponline.com/Articles/View/35720/easyjet-increases-dividend-payout-by-20-orders-27-new-jets

easyJet flags higher dividends, buys more planes

Reuters – 18 Sept 2014

http://uk.reuters.com/article/2014/09/18/uk-easyjet-dividend-idUKKBN0HD0I620140918

UK 100 : This morning’s risers and fallers

Your Money – 18 Sept 2014

http://www.yourmoney.com/your-money/news/2370905/UK Index -100-this-mornings-risers-and-fallers

UK Index ’s Scottish stocks higher

Financial Times – 18 Sept 2014

http://www.ft.com/cms/s/0/5d4bbc18-3f08-11e4-a861-00144feabdc0.html

Soaring fortunes prompt easyJet to announce increased dividend of 40 per cent as it confirms future fleet expansion plans

This is Money – 18 Sept 2014

http://www.thisismoney.co.uk/money/news/article-2760905/Soaring-fortunes-prompt-easyJet-announce-increased-dividend-40-cent-confirms-future-fleet-expansion-plans.html

Currency issues and restrained government defence spending contribute to 11 per cent pretax profit slump at Smiths

This is Money – 17 Sept 2014

http://www.thisismoney.co.uk/money/markets/article-2759395/Currency-issues-restrained-government-defence-spending-contribute-11-cent-pretax-profit-slump-Smiths.html

UPDATE: Smiths Group Leads UK 100 Losers As Profit Hit By Sterling – See more at: 

Morningstar – 17  Sept 2014

http://www.morningstar.co.uk/uk/news/AN_1410942124233415200/update-smiths-group-leads-UK Index -100-losers-as-profit-hit-by-sterling.aspx

UK Index edges up on speculation about dovish Fed

Reuters – 17 Sept 2014

http://uk.reuters.com/article/2014/09/17/uk-markets-stocks-UK Index -idUKKBN0HC0KU20140917

ASIA: CHINESE FOREIGN INVESTMENTS FALLS TO FOUR-YEAR LOW

liveCharts – 16 Sept 2014

http://www.livecharts.co.uk/share_prices/Asia–Chinese-foreign-investments-falls-to-fo-news22048810.html

Sector movers: ASOS, N Brown drag retail stocks lower

Digital Look – 16 Sept 2014

http://www.digitallook.com/cgi-bin/dlmedia/news.cgi?username=&ac=&view=full&story=22050464

US stocks tread water as Fed meeting gets underway

Proactive Investors – 16 Sept 2014

http://www.proactiveinvestors.co.uk/companies/market_reports/72290/us-stocks-tread-water-as-fed-meeting-gets-underway-0000.html

ASOS shares plunge on third profit warning

Independent – 16 Sept 2014

http://www.independent.co.uk/news/business/news/asos-shares-plunge-on-third-profit-warning-9735565.html

Asos issues yet another profit warning as shares dive

Evening Standard – 16 Sept 2014

http://www.standard.co.uk/business/business-news/asos-issues-yet-another-profit-warning-as-its-shares-dive-9735516.html

ASOS Could Become an Autumn Bargain says Accendo — Market Talk

DowJones – 16 Sept 2014

Troubled online retailer ASOS (ASC.LN) is a major struggler this morning after the company downgraded FY15 profit forecasts. “Not what investors want to hear from what was a darling among growth stories, after an already significant 70% rerating from all-time highs in March following a June profit warning blamed on strong GBP denting international sales,” says Mike van Dulken at Accendo Markets. Adds that maybe today’s fall will finally see interest kick in from those on the hunt for an Autumn bargain.

OECD cuts growth forecasts, as US factory output drops – business live

Guardian – 15 Spet 2014

http://www.theguardian.com/business/blog/live/2014/sep/15/stock-markets-and-oil-price-chinese-factory-data-oecd-business-live

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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.

Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research

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