New Europe drama closes Wall Street’s winning run January 24, 2012 US stock edged lower yesterday, ending a five-day rally for the Standard & Poor’s 500, as talks to resolve Greece’s debt crisis hit a snag and earnings from a number of blue chips disappointed. Greece moved closer to the possibility of a chaotic default as talks to restructure the country’s debt stalled. However, the US [...]
GOLDEN ARCHES STILL SHINING December 8, 2011 McDonald’s last night reported a bigger-than-expected rise in November sales at established restaurants across the board. The world’s biggest hamburger chain said sales at restaurants open at least 13 months rose 7.4 per cent globally. In Europe, where the chain derives 40 per cent of revenue, same-restaurant sales rose 6.5 per cent.
Olympic Media Buzz LONDON 2012 PARTNERS November 27, 2011 IN ASSOCIATION with Repskan.com, the media monitoring and analytics platform, City A.M. is measuring the relative Olympic media buzz around the partners for the London 2012 Olympic and Paralympic Games, week by week. The leaderboard, right, reflects their ranking over the past week, in this case from Wednesday 16 November to Wednesday 23 November. Recently, [...]
Test your wits with our quiz December 22, 2011 1. In a Which? magazine blind taste test of champagnes by experienced champagne tasters, Moet & Chandon’s Brut NV, priced at £30.99, received a score of 74%. But which of the following champagnes received the highest score of 85%? a. Veuve Clicquot Yellow Label Brut NV (£34.49) b. Lanson Black Label (£31.99) c. Morrisons Brut [...]
SAS AUTHOR FIXES CITY ROLES FOR MILITARY February 20, 2012 THRILLER writer Andy McNab is juggling more than one deadline. When the former SAS hardman is not working on his latest novel – a Channel Tunnel thriller starring his new character Tom Buckingham – McNab is fixing jobs in the City for service leavers as a director of military recruitment agency ForceSelect. McNab, who has [...]
SAS AUTHOR FIXES CITY ROLES FOR MILITARY February 20, 2012 THRILLER writer Andy McNab is juggling more than one deadline. When the former SAS hardman is not working on his latest novel – a Channel Tunnel thriller starring his new character Tom Buckingham – McNab is fixing jobs in the City for service leavers as a director of military recruitment agency ForceSelect. McNab, who has [...]
S&P firms on track to beat expectations November 2, 2011 MORE THAN seven in ten companies in the S&P 500 have beaten forecasts with their results so far this earnings season, figures from Thomson Reuters show. Of the 370 or so firms to have revealed their third-quarter results, 19 per cent have missed forecasts and 11 per cent have matched expectations – but seventy-one per cent [...]
WALL STREET WEEK AHEAD October 23, 2011 PROSPECTS for corporate earnings are dimmer in the coming quarters – even though reports so far this quarter have been relatively bright. Third-quarter reports among the big names have been reasonably solid, with Google, McDonald’s and others reporting strong results. But, unless there’s a turnaround in the outlook for the US economy, the next few [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 31, 2012 FINANCIAL TIMES EU TO RULE ON DEUTSCHE BÖRSE AND NYSE MERGER The NYSE Euronext and Deutsche Börse tie-up today faces its day of reckoning in Brussels, as European Union commissioners are expected to sign-off a recommendation to block a merger that allegedly stifles competition. BAA SIGNALS END TO HOPES OVER STANSTED RUNWAY BAA has signalled [...]
A NIGHT AT THE OPERA FOR LEGAL SOPRANOS November 7, 2011 BETRAYAL, revenge and murder – it was business as usual when the Magic Circle decamped to the dress circle at Sadler’s Wells to watch Allen & Overy’s modern-day reworking of Carmen set in Seville Airport. The opera, which follows last year’s staging of The Magic Flute at Glyndebourne, involved 74 of the firm’s staff past [...]