Outlook for 2012: Protecting your wealth December 21, 2011 BESTINVEST ADRIAN LOWOCK 2012 Macro outlook Weak economic growth will continue in the West, as the deleveraging process enters its third year – we are still several years away from completing this. However, any resolution in the Eurozone is likely to provide some short-term support to stockmarkets. Predictions for end of 2012 ● FTSE 100: [...]
THE TIPSTER OMAHA’S ORACLE FEASTS AT THE BARGAIN BUFFET January 30, 2012 THE shares of Tesco plunged in mid-January after the retail giant announced an unexpected fall in Christmas sales. The sell-off took the price down through support at 350p and also broke the long-term up-trend. News that Warren Buffett increased his holding to 5 per cent from 3.2 per cent helped to lift the shares, but [...]
Miners and bankers lead rush to share in European success August 30, 2011 BRITAIN’S top shares advanced yesterday, playing catch-up with Europe after a long holiday weekend, led by miners and banks as brokers argued that the recent stock market sell-off has thrown up bargains in the two sectors. JP Morgan highlighted opportunities among miners following their poor performance in August, seeing rewards for those prepared to buy [...]
LSE buys FTSE to win control of key assets December 12, 2011 THE London Stock Exchange took total control of stock index provider FTSE International yesterday, by buying Pearson’s 50 per cent stake for £450m. The move cements the LSE’s hold over the FTSE’s 200,000 indices and global, high growth trajectory. It also puts it in control of a critical piece of trading infrastructure as it seeks [...]
LSE buys FTSE to win control of key assets December 12, 2011 THE London Stock Exchange took total control of stock index provider FTSE International yesterday, by buying Pearson’s 50 per cent stake for £450m. The move cements the LSE’s hold over the FTSE’s 200,000 indices and global, high growth trajectory. It also puts it in control of a critical piece of trading infrastructure as it seeks [...]
Inmarsat to split top roles at end of year July 6, 2011 SATELLITE owner and operator Inmarsat announced a long-expected restructuring of its top team to split the chief executive and chairman roles yesterday. Rupert Pearce, Inmarsat’s senior vice president of its Inmarsat Enterprises business, will become its new group chief executive from January 2012. He replaces Andrew Sukawaty, who has led FTSE 350-ranked Inmarsat as chairman [...]
THE TIPSTER November 20, 2011 THE hawks have been circling over Mitchells & Butlers, seeing them as a potential takeover target, but the bid was so low that it was rejected without much thought. After a large spike in the price mid-September, the excitement of potential offers has worn off Mitchells and Butlers’s shareholders and the price of the share [...]
THE TIPSTER November 20, 2011 THE hawks have been circling over Mitchells & Butlers, seeing them as a potential takeover target, but the bid was so low that it was rejected without much thought. After a large spike in the price mid-September, the excitement of potential offers has worn off Mitchells and Butlers’s shareholders and the price of the share [...]
Traders keeping a close eye on FTSE after drop to 5,100 November 27, 2011 GLOBAL equities continued to tumble last week with many indices crashing through technical support areas. At the start of the week, the FTSE gapped below its 50-day moving average around 5,350 and went on to trade below 5,100 briefly on Friday. This level is not only psychologically significant, but also important in technical terms. It [...]
Miners, banks lead broad-based FTSE rally May 27, 2011 Miners and banks have led a broad-based FTSE rally into the long holiday weekend. Leading the charge higher were heavyweight diversified miners, contributing 16 points to a one per cent higher FTSE 100 close, buoyed by rising commodity prices. The FTSE 350 Mining index ended up two per cent, boosted by gains in metals including [...]