"The grapevine delivers a steady drip of news of wildly optimistic estate agent valuations, turning into properties put up for sale, and then near asking price offers accepted. Even by London's usual standards things have gone bonkers and while prices may continue to rise for now, the bubble will burst. They always do," The Daily Mail's Simon Lambert writes. [25 Oct '13]
Chip designer ARM Holdings fell for the second straight day as investors gave a cool reaction to its third-quarter results. JPMorgan Cazenove said this morning that it sees "no reason to be building positions at this time and would take profits in the short term". [23 Oct '13]
Concerns over the Chinese economy and a weak performance by banking stocks halted a nine-day winning streak for UK markets on Wednesday, as investors chose to take profits following a strong run. [23 Oct '13]
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