DO YOU THINK THE BANK OF ENGLAND WILL RESTART QE? October 3, 2010 PETER DIXON | COMMERZBANK “Desperate times may call for desperate measures, but until such times as the economic recovery goes into reverse, doing nothing may be the best strategy. And if the Fed does begin its QE2 programme, the UK can afford to keep its powder dry by free-riding on the Fed’s coat-tails.” PHILIP SHAW [...]
CITY MOVES | WHO’S SWITCHING JOBS October 20, 2010 RBC Capital Markets The investment bank, part of the Royal Bank of Canada group, has hired Jonathan Guy and Tim Huff as directors in its equity research team, with a focus on mining. Huff, pictured, joins RBC with over 17 years of experience, most recently gained at the Royal Bank of Scotland. Prior to that, [...]
MPC poised to hold rates at 0.5 per cent December 8, 2010 INTEREST rates are expected to stay at 0.5 per cent today, after the Bank of England’s rate setting committee meet for the final time this year. A split has emerged in the Monetary Policy Committee (MPC) in recent months, with “hawk” Andrew Sentance pushing the case for a rate rise and “dove” Adam Posen arguing [...]
MPC poised to hold rates at 0.5 per cent December 8, 2010 INTEREST rates are expected to stay at 0.5 per cent today, after the Bank of England’s rate setting committee meet for the final time this year. A split has emerged in the Monetary Policy Committee (MPC) in recent months, with “hawk” Andrew Sentance pushing the case for a rate rise and “dove” Adam Posen arguing [...]
Investec kicks Resolution out of FTSE 100 March 10, 2010 SOUTH African based investment bank Investec is set to replace insurance focused takeover vehicle Resolution in the FTSE 100 index after the latest quarterly index review yesterday. Resolution was the only blue chip stock below 111th position in a ranking based on market capitalisation, according to index compiler FTSE, setting it up for relegation from [...]
ANALYST VIEWS IS IMPERIAL TRADING POSITIVELY September 22, 2010 RICHARD HUNTER| HARGREAVES LANSDOWN The update has been cautiously well received, with pressure on sales being offset by a reasonable rise in revenues. Central Europe has tended to carry the flag in more recent updates, as other regions have fallen foul of tougher economic conditions and increased government taxes on tobacco. JONATHAN JACKSON| KILLIK & [...]
Promethean shares hit record low as margins shrink and outlook dims August 24, 2010 Promethean World yesterday saw its shares tumble to an all-time low after a disappointing trading update. The interactive education technology firm posted a surge in profit, but lower margins and a lacklustre outlook sent investors running for cover. The firm, which supplies interactive white boards and learning software to schools, said its gross margins declined [...]
Promethean shares hit record low as margins shrink and outlook dims August 24, 2010 Promethean World yesterday saw its shares tumble to an all-time low after a disappointing trading update. The interactive education technology firm posted a surge in profit, but lower margins and a lacklustre outlook sent investors running for cover. The firm, which supplies interactive white boards and learning software to schools, said its gross margins declined [...]
Uniq’s unique escape trick October 20, 2010 Convenience food maker Uniq has devised a unique way of resolving its crippling pension deficit – by effectively selling itself to its pension trustees. The firm, which supplies sandwiches to Marks & Spencer, is waiting on regulatory clearance to finalise a deficit for equity swap that will sign over 90 per cent of the firm [...]
FTSE 100 falls after gloomy import data and debt worries November 10, 2010 BRITAIN’S top share index fell to a one-week closing low yesterday, pressured by miners on fears over softening demand from China after downbeat import data, with worries about Ireland’s debt also darkening the mood. The FTSE 100 closed down 58.25 points, or one per cent, at 5,816.94. The index ended up 0.4 per cent on [...]