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Accendo Press Quotes – Week Ending August 25

25 Aug

Morningstar (Link)

“Comments made by U.S. policy makers so far from the Wyoming gathering have generally been supportive not just of an unwinding of the Fed’s bloated balance sheet, but also for another rate hike before the end of the year,” said Henry Croft, research analyst at Accendo Markets.

24 Aug

Citywire (Link)

  • Henry Croft, research analyst at Accendo Markets, added that the mobile phone market was showing signs of stalling.’Far from being the high growth market that mobile phone retailers once found themselves in, the need for reinvigoration across both manufacturing and retailing has provided its latest victim.’

23 Aug

This Is Money (Link)

  • Henry Croft, a research analyst at Accendo Markets, said a rights issue seems likely, with Carillion’s liabilities currently thought to come in at around £1.6bn, greater than the value of its assets.

22 Aug

CNN Money (Link)

  • Henry Croft, a research analyst at Accendo Markets, predicts other financial firms may consider buying Provident now that its share price has fallen so much, making it a more affordable purchase. However, the FCA investigation may present too many unknown risks to potential bidders.”Volatility is likely to remain over the course of the next few days as the fate of the business becomes clearer,” he said.

21 Aug

BBC News (Link)

  • Henry Croft at Accendo Markets said financial stocks were among those being sold off due to the investor unease. “Alongside that you have a mixed overview for British banks, what’s going to happen in the future – it’s looking less and less likely that we’re going to see a Bank of England rate hike,” he added.
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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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