FTSE books biggest rise for a month as optimism increases March 8, 2012 BRITAIN’S top share index recorded its biggest daily rise in over a month yesterday, boosted by optimism about the US economic outlook as well as the outcome of Greece’s debt negotiations, although charts indicated that momentum could falter. Cyclical stocks, which tend to perform in tandem with economic growth, rose as US jobless claims data [...]
FTSE rally loses steam as energy stocks dip January 20, 2012 The FTSE 100 edged down this morning as energy and resource stocks pinned the market back after solid gains over the week. Greece and its private bondholders resumed debt swap talks today amid signs they are edging towards the deal needed to prevent a chaotic default by Athens. That helped to give financial stocks a [...]
Miners, banks and positive US jobs data lift blue chip index March 7, 2012 R ECENTLY beaten down mining stocks and banks rallied yesterday to help haul Britain’s leading shares index higher, as above-forecast US private payrolls data provided a positive signal ahead of Friday’s key US February jobs report. The ADP National Employment Report said the US private sector added 216,000 jobs last month, topping economists’ expectations for [...]
CITY MOVES | WHO’S SWITCHING JOBS January 22, 2012 Kentz Corporation The FTSE 250 engineering group has announced that Christian Brown (pictured) will replace Hugh O’Donnell as chief executive on 1 February. Brown steps up from the role of group chief operating officer, while O’Donnell, who has led Kentz since 2000, will continue as an exclusive adviser to the group for the next three [...]
CITY MOVES | WHO’S SWITCHING JOBS December 6, 2011 Callatay & Wouters Callatay & Wouters, which provides IT solutions to retail, private and direct banks, has appointed Diederik Van Der Linden to the new position of sales and marketing director. Van Der Linden, who specialises in retail and private banking, joined the company in 2001 to lead the international business development team, before becoming [...]
CITY MOVES | WHO’S SWITCHING JOBS December 6, 2011 Callatay & Wouters Callatay & Wouters, which provides IT solutions to retail, private and direct banks, has appointed Diederik Van Der Linden to the new position of sales and marketing director. Van Der Linden, who specialises in retail and private banking, joined the company in 2001 to lead the international business development team, before becoming [...]
Timing your trading to perfection January 30, 2012 IF you’ve ever sat and tried to trade on a thin, illiquid day, you’ll know just how important it is to think about what time of day you trade. As part of your trading strategy, it is important to consider how much market activity happens at certain times – greater volume helps to drive trends [...]
Bank stocks up as Eurozone fears ease January 19, 2012 The FTSE 100 today opened with a strong performance in the banking sector with investor confidence being buoyed by efforts to bring the Eurozone back in line after months of damaging instability. The International Monetary Fund (IMF) is seeking to raise up to $600bn (£388.8bn) which would help ease worries about funding in the Eurozone. [...]
Founder Walker moving ahead in race for Iceland January 15, 2012 RISING concerns over competition laws could clear the way for Iceland Foods founder Malcolm Walker to take control of the supermarket once again. Walker, the chief executive, has moved ahead in the race because Iceland is believed to be worried that a deal with another retailer would not be approved by the Competition Commission. Last [...]
Founder Walker moving ahead in race for Iceland January 15, 2012 RISING concerns over competition laws could clear the way for Iceland Foods founder Malcolm Walker to take control of the supermarket once again. Walker, the chief executive, has moved ahead in the race because Iceland is believed to be worried that a deal with another retailer would not be approved by the Competition Commission. Last [...]