THE TIPSTER May 9, 2011 SAINSBURY’S, the third largest supermarket by market share after Tesco and Asda, is expecting a rise in pre-tax profit by eight per cent to £659m when it reports on Wednesday. The top three chains have all dropped market share since April 2010, which suggests shoppers may be looking for cheaper alternatives such as Aldi and [...]
THE TIPSTER May 9, 2011 SAINSBURY’S, the third largest supermarket by market share after Tesco and Asda, is expecting a rise in pre-tax profit by eight per cent to £659m when it reports on Wednesday. The top three chains have all dropped market share since April 2010, which suggests shoppers may be looking for cheaper alternatives such as Aldi and [...]
THE TIPSTER May 8, 2011 SILVER saw its biggest drop since 1980 on Thursday and has declined a massive 30 per cent since hitting its all time high at the end of April. The unwritten rule is that a fall of 20 per cent marks the start of a new bear market, but considering that the bulk of the selling [...]
What bouncing dead cats can teach traders about markets May 2, 2011 WHEN it comes to free-falling stocks, as the adage goes, if you can keep your head while all around you are losing theirs, you have probably failed to properly grasp the situation. However, when the market starts to dive, you should keep an eye out for stock prices to do what has long been known [...]
NOISY NEIGHBOURS MAKE MAYOR MICHAEL A SORE-HEADED BEAR May 2, 2011 BEING Lord Mayor of London comes with its benefits. Just ask the present mayor Michael Bear, who took a seat in Westminster Abbey last Friday alongside David Beckham, Elton John and David Cameron as a guest at the Royal Wedding. There is also, of course, the advantage of a grace-and-favour home at Mansion House round [...]
Tesco Bank lags its parent supermarket brand April 26, 2011 WITH Tesco boss Phil Clarke saying that expanding its presence within the banking sector is one of his top priorities we’ve looked at BrandIndex data to make an assessment of the potential it has there. Tesco Bank itself does not fare especially well at the moment. On the index measure it is in 18th place [...]
New counting firm emerges amid AV row April 25, 2011 A SECOND vote-counting machine boss, whose firm stands to gain from a switch to the Alternative Vote, has extolled the virtues of scrapping Britain’s first past the post electoral system. Anne Marie-Slavin, chief executive of Opt2Vote, a vote-counting firm that has a contract for all of Scotland’s council and by-elections, said: “The introduction of electronic [...]
Waste your cash on holiday gifts – not on currency April 20, 2011 BRITS waste £245m of precious holiday money every year when they buy their currency outside of the UK, MoneyCorp research shows. And that doesn’t even count the cash wasted by those buying it in the UK at uncompetitive prices. While most of us know we’ll be ripped off if we wait until we get to [...]
FTSE nears seven-year high as M&S boosts retail sector April 6, 2011 BANKS helped drive Britain’s top shares to a near seven-week high yesterday following a Portuguese debt auction, while Marks & Spencer rose on better-than-expected sales, lifting sentiment in retailers. The FTSE 100 ended up 34.07 points, or 0.6 per cent, at 6,041.13, its highest closing level since 18 February. Lex van Dam, hedge fund manager [...]
FTSE nears seven-year high as M&S boosts retail sector April 6, 2011 BANKS helped drive Britain’s top shares to a near seven-week high yesterday following a Portuguese debt auction, while Marks & Spencer rose on better-than-expected sales, lifting sentiment in retailers. The FTSE 100 ended up 34.07 points, or 0.6 per cent, at 6,041.13, its highest closing level since 18 February. Lex van Dam, hedge fund manager [...]