Hurricane to blow away the opposition yet again March 12, 2012 THE Irish have sent over some outstanding hurdlers to Cheltenham over the years with the likes of Istabraq, Hardy Eustace, Brave Inca and Monksfield. But there is just a sneaky feeling that HURRICANE FLY could end up being better than all of them. The son of Montjeu has been a difficult horse to train for [...]
FTSE rises as Greece closes in on deal January 31, 2012 The FTSE 100 rose in early trading on hopes Greece was nearing a debt swap deal required to salvage the nation’s finances while European leaders agreed on stricter budget discipline measures to help prevent further debt disasters in the region. Greek Prime Minister Lucas Papademos said negotiators had made “significant progress” in talks to strike [...]
Admiral revenues up 50pc in first-quarter May 6, 2011 Admiral Group revenues rose by more than 50 per cent in their first quarter. The car insurer, and owner of Confused.com, said year-on-year turnover also grew by 56 per cent to £539m in the first three months of the year. Shares were pushed to 4.4 per cent thanks to higher premiums and more customers, they [...]
EX-TRADER’S INSIDE JOB ON MORGAN STANLEY February 12, 2012 ART IMITATES life in the new novel On the Floor by former Morgan Stanley bond trader Aifric Campbell. “The real truth about the City – the pressure and the ruthlessness – is best written about by people who have lived it,” says Campbell, who drew on her years as Morgan Stanley’s first female MD on [...]
Beaches and barristers in the sunny Bahamas April 22, 2012 An architectural oddity in the middle of Nassau’s Parliament Square screams out for your attention. The octagonal library and city museum is painted pale pink (like all the important buildings in The Bahamas’ capital). I climb up creaky steps to the first floor and admire paintings of Nassau dashed off by ships’ artists in the [...]
Don’t blame the Depression on the gold standard – but don’t expect it back either February 27, 2012 TWO of America’s Republican candidates – Newt Gingrich and Ron Paul – have dared to toy with the idea of bringing back the gold standard. Their remarks have in turn triggered a fusillade of indignant replies, from pundits and professional economists alike, the general theme of which is that no one fit to be America’s [...]
Brave Palace miss out on Wembley after suffering penalty heartache January 24, 2012 CARDIFF 1 vs CRYSTAL PALACE 0 CRYSTAL PALACE manager Dougie Freedman was full of admiration for his players last night despite a brave rearguard action yielding only regret and a penalty shootout defeat, rather than the Carling Cup final appearance at Wembley the Scot insisted his side merited. The slender advantage Palace held from the [...]
Brave Palace miss out on Wembley after suffering penalty heartache January 24, 2012 CARDIFF 1 vs CRYSTAL PALACE 0 CRYSTAL PALACE manager Dougie Freedman was full of admiration for his players last night despite a brave rearguard action yielding only regret and a penalty shootout defeat, rather than the Carling Cup final appearance at Wembley the Scot insisted his side merited. The slender advantage Palace held from the [...]
HAWAIIAN SHIRTS SET THE AGENDA FOR FEDERAL RESERVE COMEDIANS January 15, 2012 THE SUB-PRIME mortgage meltdown was rumbling ever-louder in the background, but the 2006 meetings of the Federal Reserve were still a laugh a minute. The transcripts of that year’s meetings of the policy-setting Federal Open Market Committee were released at the end of last week after a standard five-year delay. But for readers who didn’t [...]
BEST OF THE BROKERS November 7, 2011 BETFAIR Numis rates the online betting group as a “buy” with a target price of 1,150p, ahead of first-half result to be published on 14 December. The broker forecasts sports revenue for the second quarter of £66m, up from £60m in the first quarter. It expects first-half numbers to show healthy growth in Ebitda to [...]