Stopping the rot: Eurozone contagion May 24, 2011 GLOBAL REACH PTNRS MARK THOMPSON The resurgence of Eurozone sovereign debt fears has driven the euro to two month lows against the dollar in the last two trading sessions and looks likely to keep the common currency under pressure in the days to come. Investors are right to be anxious about the implications of further [...]
M&S to add to retail gloom April 3, 2011 MARKS and Spencer, the retail bellwether, is likely to add to the sense of impending doom on the High Street when it reports a sharp drop in sales later this week. Analysts expect like-for-like sales of general merchandise – which exclude food – to have fallen by a “grisly” six per cent in the fourth [...]
THE TIPSTER February 13, 2011 HAVING lost 98 per cent of their value over the last four years, shares in directory listings company Yell are clearly struggling. The landscape has shifted beyond recognition as online search services proliferate and there is little reason to expect any fundamental change. With earnings due for release on Tuesday of next week, any insights [...]
THE TIPSTER February 13, 2011 HAVING lost 98 per cent of their value over the last four years, shares in directory listings company Yell are clearly struggling. The landscape has shifted beyond recognition as online search services proliferate and there is little reason to expect any fundamental change. With earnings due for release on Tuesday of next week, any insights [...]
FTSE rally continues despite earnings woes for retailers March 30, 2011 THE FTSE 100 closed higher for a sixth consecutive session yesterday, its best run since August 2010, as investors ditched retailers over earnings worries in favour of growth sectors such as industrials and mining. Dixons issued a profit warning and gloomy outlook as a survey from the CBI showed the underlying trend for retail sales [...]
FTSE rally continues despite earnings woes for retailers March 30, 2011 THE FTSE 100 closed higher for a sixth consecutive session yesterday, its best run since August 2010, as investors ditched retailers over earnings worries in favour of growth sectors such as industrials and mining. Dixons issued a profit warning and gloomy outlook as a survey from the CBI showed the underlying trend for retail sales [...]
Clubs smash Jan records January 31, 2011 THE £215m spent by Premier League clubs before last night’s deadline set a new record for the January window – and fulfilled one of City A.M.’s predictions. More than £130m was spent yesterday alone – four times the entire sum shelled out in January 2010 and topping the previous best of 2008. Six deals topped £20m [...]
Disappointing economic data keeps markets in the red February 15, 2011 The FTSE has spent the day in the red and closed down 0.38 per cent at 6,037.08 after disappointing US economic data and news. Miners were also led down by news from China, where an above-target 4.9 per cent increase in inflation raised the prospect of further interest rate rises. Banks were buoyant, though, [...]
A NIGHT TO CELEBRATE SUCCESS January 26, 2011 THERE’S little that cheers the soul better after a lingering recession than a roomful of entrepreneurs, and last night’s Quoted Company Awards were no exception, as banks and brokerages gathered to cheer on their new and growing clients. Companies in attendance ranged from a bevy of smart media startups, including nine-month-old Digital Theatre and acquisition-hungry [...]
A NIGHT TO CELEBRATE SUCCESS January 26, 2011 THERE’S little that cheers the soul better after a lingering recession than a roomful of entrepreneurs, and last night’s Quoted Company Awards were no exception, as banks and brokerages gathered to cheer on their new and growing clients. Companies in attendance ranged from a bevy of smart media startups, including nine-month-old Digital Theatre and acquisition-hungry [...]