WHAT THE OTHER PAPERS SAY THIS MORNING March 12, 2012 FINANCIAL TIMES EARNINGS FORECASTS TAKE A BULLISH TURN Analysts last week upgraded more companies’ earnings forecasts globally than they downgraded for the first time since May last year. After 41 weeks of consecutive downgrades, net earnings per share revisions for next year turned positive powered by a surge in upgrades of Japanese companies and industrial [...]
Paypal delivers gains to eBay January 18, 2012 ONLINE auction house eBay has banged the gavel on a solid fourth quarter which saw revenues increase by over a third to $3.4bn (£2.2bn). Largely helped by selling its remaining share in Skype, the majority of which was sold in 2009, eBay generated a net income of $2bn in the three months to 31 December. [...]
Oh I do long to be beside the (British) seaside February 2, 2012 IT’S not the South of France or the Amalfi Coast. But Britain’s seaside has plenty of charm of its own – and not just of the quaint and slightly run-down variety, but of a beautiful, unique and in some cases, highly exclusive type. For instance, Knight Frank recently sold a mansion in south Cornwall to [...]
GUNS N’ ROSES TO LEAD SPANISH ROCK LAUNCH February 16, 2012 EIGHT MONTHS after Music Festivals floated on Aim, founder Vince Power has announced the company’s first expansion funded by the IPO – a hard rock festival in Spain, to be headlined by Guns N’ Roses and Marilyn Manson. Costa de Fuego, named after the firepower of its 40 heavy metal acts, will take place over [...]
Why a wealth tax is a very bad idea January 23, 2012 EVERY few months, when the going gets tough for the Liberal Democrats, Vince Cable renews his call for a “Mansion Tax.” With the LibDems slumping to a disastrous 9 per cent in a YouGov poll, against 41 per cent for the Tories and 36 per cent for Labour, it was no surprise to see him [...]
Why a wealth tax is a very bad idea January 22, 2012 EVERY few months, when the going gets tough for the Liberal Democrats, Vince Cable renews his call for a “Mansion Tax.” With the LibDems slumping to a disastrous 9 per cent in a YouGov poll, against 41 per cent for the Tories and 36 per cent for Labour, it was no surprise to see him [...]
Why a wealth tax is a very bad idea January 22, 2012 EVERY few months, when the going gets tough for the Liberal Democrats, Vince Cable renews his call for a “Mansion Tax.” With the LibDems slumping to a disastrous 9 per cent in a YouGov poll, against 41 per cent for the Tories and 36 per cent for Labour, it was no surprise to see him [...]
Tokyo is vast, fast and very interesting May 27, 2012 IT was about 7AM and the sun from my windows was beginning to wake me up. With my room on the 35th floor of a tower in the business district of Tokyo, the view of the endless city was so intense that drawing my curtains – even while I slept – seemed a waste. I [...]
Five weeks for Hoare Govett to learn its fate January 16, 2012 HOARE Govett, the stockbroker being sold by the beleaguered RBS bank, has already lost two blue chip clients in GlaxoSmithKline and Amlin as clients fret over its fate, so it is comforting to learn that it might know its new home in around five weeks time. Of course, in an ideal world, its future would [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 16, 2012 FINANCIAL TIMES MORRISON COOLS INTEREST IN IRELAND Wm Morrison’s interest in Iceland Foods is cooling, raising doubts about whether Britain’s fourth biggest supermarket chain by market share will mount a £1.5bn bid for the frozen food specialist. Morrison was one of the companies expected to make an offer for Iceland Foods, for which second round [...]