Vedanta aims to resurrect Konkola float May 22, 2011 INDIAN-FOCUSED miner Vedanta is looking to revive its float plans for copper miner Konkola in the coming months, after shelving the IPO in November due to market volatility. Vedanta, which holds a 79.4 per cent stake in Konkola, aims to time the float to cash in on the commodities boom while steering clear of lingering [...]
Lawyers are bad at business? Think again February 8, 2011 THIS paper recently ran an article warning that for lawyers “doom is nigh” and that they should shape up or ship out. The context was the Legal Services Act and its welcome shake up of the way in which legal services can be delivered. The article had many solid, good messages: in summary, cutting overheads [...]
Lawyers are bad at business? Think again February 8, 2011 THIS paper recently ran an article warning that for lawyers “doom is nigh” and that they should shape up or ship out. The context was the Legal Services Act and its welcome shake up of the way in which legal services can be delivered. The article had many solid, good messages: in summary, cutting overheads [...]
Making hay the Andrew’s Pitchfork way June 13, 2011 SOMETIMES, trying to find swing points and the right opportunity to take a profit can feel like looking for a needle in a haystack. But using an Andrew’s Pitchfork can give traders a helping hand to identify these points. Though it has fallen out of the mainstream in recent years, the Andrew’s Pitchfork can still [...]
Shares of IPO firms fail to match FTSE June 8, 2011 SPECIAL INVESTIGATION | CITY AT WAR SHARES in newly-listed companies in London have failed to match the performance of the FTSE All-Share index since stocks began to recover from the financial crisis, rising an average of just 10 per cent compared to the 50 per cent increase seen on the rest of the index. According to the Bloomberg IPO [...]
Carpetright in profit blow as sales tumble December 14, 2010 CARPETRIGHT, the country’s biggest floor coverings retailer, said the outlook for 2011 looked poor as sluggish mortgage approvals meant housing market activity was unlikely to pick up quickly. British mortgage approvals, which are a key lead indicator for Carpetright, fell to 30,766 in October, their lowest monthly level in more than one and a half [...]
Battle to be best of the Tests to end all square July 20, 2011 ENGLAND vs INDIA Today – 11 am Sky Sports 1 AFTER two and a half years of hard work England have the chance to officially become the number one Test side in the world. To do that they will need to beat incumbent rulers India by at least two clear Tests, with the sides about [...]
Battle to be best of the Tests to end all square July 20, 2011 ENGLAND vs INDIA Today – 11 am Sky Sports 1 AFTER two and a half years of hard work England have the chance to officially become the number one Test side in the world. To do that they will need to beat incumbent rulers India by at least two clear Tests, with the sides about [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 29, 2011 FINANCIAL TIMES BRITISH LAND TO BUY RESIDENTIAL COMPLEX IN THE CITY British Land is in advanced talks to buy a City of London residential complex, in its first acquisition under a strategy to focus on the booming market for prime homes in the capital. The UK’s second-largest property company has agreed to buy Wardrobe Court [...]
US home sales rise but jobless claims also up December 2, 2010 PENDING house sales surprisingly shot up in the US for October, according to data released yesterday. The Pending Home Sales Index (PHSI) showed that contracts exchanged on properties increased by 10.4 per cent compared to September, defying a predicted fall. The result comes as a boost for the housing market, after the index fell by [...]