Keep a cool head – put a lock on greed November 2, 2011 AS ANY elite athlete will tell you, timing is everything. It is just as true for investing. When you get in and out of a market is often vital for returns. As Warren Buffett – before his foray into advising the US government on taxation policy – said in a sage piece of advice: “Be [...]
Greggs in boost from mince pies January 12, 2011 GREGGS, the high street bakery, sold eight million mince pies over the Christmas period – up 16 per cent on the previous year. The group, which has almost 1,500 shops, said shoppers who were kept indoors by the snow hit the high streets to do last-minute shopping. For the five weeks to 8 January total [...]
Greggs in boost from mince pies January 12, 2011 GREGGS, the high street bakery, sold eight million mince pies over the Christmas period – up 16 per cent on the previous year. The group, which has almost 1,500 shops, said shoppers who were kept indoors by the snow hit the high streets to do last-minute shopping. For the five weeks to 8 January total [...]
THE TIPSTER August 7, 2011 The spectre of the global economy being plunged into recession saw oil prices sliding last week. The better than expected non-farm payroll reading may have served up some support in the short-term, but with question marks remaining over the impact of the US rating downgrade and the risk of the Eurozone debt crisis, those who [...]
THE TIPSTER August 7, 2011 The spectre of the global economy being plunged into recession saw oil prices sliding last week. The better than expected non-farm payroll reading may have served up some support in the short-term, but with question marks remaining over the impact of the US rating downgrade and the risk of the Eurozone debt crisis, those who [...]
THE WEEK AHEAD in association with GFT August 7, 2011 COMPANY NEWS ● Telecity announces today. It specialises in the design, build and management of highly connected, resilient and secure environments. Also announcing today is Vedanta, the FTSE 100 metals and mining company, whose business is principally located in India. ● Tomorrow, Intercontinental Hotels announces. Investors hope the results don’t cause sleepless nights. ● International [...]
THE WEEK AHEAD in association with GFT August 7, 2011 COMPANY NEWS ● Telecity announces today. It specialises in the design, build and management of highly connected, resilient and secure environments. Also announcing today is Vedanta, the FTSE 100 metals and mining company, whose business is principally located in India. ● Tomorrow, Intercontinental Hotels announces. Investors hope the results don’t cause sleepless nights. ● International [...]
Slow May sales hit US retail firms June 2, 2011 PICKY shoppers going to fewer stores have hurt big US retailers in May, patchy sales figures from Gap, Target and Costco showed yesterday. Gap, the high street clothing chain, reported a four per cent slip in comparable sales in May, down from a one per cent increase in the same month a year earlier. However, [...]
MORRISONS’ FINANCE CONTROLLER COOKS UP WINNING WEB STRATEGY May 10, 2011 WITH a name like Richard Pennycook, there was only ever one possible vocation for Morrisons’ group finance director (FD), who proved he is worthy of the title by restoring the grocer’s profits after the slump when it bought Safeway in 2005. So keep those “cooking the books” jokes to yourself, because Pennycook last night received [...]
THE TIPSTER May 8, 2011 SILVER saw its biggest drop since 1980 on Thursday and has declined a massive 30 per cent since hitting its all time high at the end of April. The unwritten rule is that a fall of 20 per cent marks the start of a new bear market, but considering that the bulk of the selling [...]