ECM.L Share News (ECM)

Shell missed consensus forecasts because of production issues and delays to its US Arctic drilling programme. The group strategy for a return to growth is sound, though, Shell remains the oil share to own for income seekers. Buy says the Telegraph.Tesco's banking arm, Tesco Bank, is raising between £50 and £100m by issuing bonds specifically for individual investors. Tesco is not paying an overly generous coupon (interest-rate, in bond-speak) but the bonds still offer a decent income compared with alternative savings options, so investors will benefit if they buy them now. For investors in search of predictable income, these are worth a punt suggests the Mail on Sunday.Component distributor Electrocomponents' sales growth is running ahead of expectations. Gross margins are also in line with its performance in the first half, which came in at 46.8%. The shares are trading on a March 2011 earnings multiple of 15 times, falling to 13.1 in 2012, which looks pretty full. However, the company strategy is working, it has operational leverage and manufacturing data on both sides of the Atlantic is upbeat. The company also has an above-average yield, at 4.2%. Buy says the Telegraph. Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.