Weir stock is most shorted on FTSE 100 February 15, 2012 ENGINEERING firm Weir has become the most shorted stock on the FTSE 100, as investors bet the company’s share price will be dented by weak demand for specialist mining equipment. Information provided by Data Explorers showed that 13.48 per cent of shares are out on loan – double the amount that were shorted only three [...]
FTSE slips as oil price fears take toll February 27, 2012 THE FTSE edged down in early trading as surging oil prices cast a shadow over global growth and a G20 meeting failed to provide reassurance about international help to crisis-struck Europe. Rising tensions between Iran and the West are triggering rapid oil price rises as supply fears grow. Brent Crude marginally dropped in price this [...]
Admiral passes pay resolutions May 9, 2011 Motor insurer Admiral’s annual meeting ended with all resolutions passed yesterday and 98.7 per cent support for the remuneration report. Admiral, which posted a 50 per cent rise in first-quarter revenues last week, also saw chief executive Henry Engelhardt, finance chief Kevin Chidwick, operating chief David Stevens and its eight non-executive directors re-elected.
Saracens into quarters January 22, 2012 TREVISO (20) vs SARACENS (26) SARACENS boss Mark McCall hailed loan signing Peter Stringer after the Premiership champions fought back to become the only English side to reach the Heineken Cup quarter-finals. England stars David Strettle and Mauritz Botha notched tries and Owen Farrell landed six vital kicks as Sarries confirmed their status as Pool [...]
Saracens into quarters January 22, 2012 TREVISO (20) vs SARACENS (26) SARACENS boss Mark McCall hailed loan signing Peter Stringer after the Premiership champions fought back to become the only English side to reach the Heineken Cup quarter-finals. England stars David Strettle and Mauritz Botha notched tries and Owen Farrell landed six vital kicks as Sarries confirmed their status as Pool [...]
Grey is absurd but it’s no howler January 26, 2012 Film THE GREY Cert: 15 *** by Stevie Martin Liam Neeson stars in this surprisingly fun and occasionally grisly survivalist story, complete with treacherous storms, sudden death and jumping off cliffs across mile-high crevasses. When Ottway’s (Neeson) flight home from Alaska goes down, stranding eight men in the middle of nowhere, he knows it’s not [...]
FTSE dips as Greece D-Day arrives February 6, 2012 The FTSE 100 slipped as the deadline for Greece to accept a new bailout or face a default which could trigger financial shockwaves across the globe arrived. Greece must tell the European Union by the end of today whether it accepts the stringent terms of a new bailout deal amid reports of divisions within the [...]
Miners, banks and positive US jobs data lift blue chip index March 7, 2012 R ECENTLY beaten down mining stocks and banks rallied yesterday to help haul Britain’s leading shares index higher, as above-forecast US private payrolls data provided a positive signal ahead of Friday’s key US February jobs report. The ADP National Employment Report said the US private sector added 216,000 jobs last month, topping economists’ expectations for [...]
FTSE flat as investors eye key US jobs data February 3, 2012 THE FTSE was flat in early trading as investors awaited key US jobs data due out later. US non-farm payrolls are forecast to rise by 150,000 after a 200,000 increase in December, while the unemployment rate was expected to remain static at 8.5 per cent. On the domestic data front the UK service industry picked [...]
It’s getting haute in here February 16, 2012 THE high-luxury watch world’s favourite device is the tourbillon – the word means “whirlwind” in French, and denotes a mechanism which mounts a watch’s escapement (the vibrating part regulating power from the mainspring) in a constantly rotating cage to counteract the effects of gravity on accuracy. Nowadays everyone and his brother puts these hypnotic gizmos [...]