News

COMMENT

Wednesday 05 January 2011
THE FTSE continued its strong start to 2011 as a late afternoon rally enabled it to stick at levels not seen since 2008.
Wednesday 05 January 2011
LARGE US companies are taking pains to show how compensation is linked to performance as they prepare to present lucrative executive pay packages to shareholders.
Wednesday 05 January 2011
US BROKERAGE Oppenheimer & Co has lost its eight-year battle to force Citigroup to pay over $18m (£11.6m) for luring away nine of its top financial advisers.
Wednesday 05 January 2011
NEWS of the huge jump in US private employment in December has caused US government bond prices to drop substantially.
Wednesday 05 January 2011
WORLD food prices hit a record high last month, outstripping levels that prompted riots in 2008, and key grains could climb even further, the UN's food agency has warned.
Wednesday 05 January 2011
US PRIVATE employers added a surprisingly high 297,000 jobs in December, the biggest increase since at least 2001, a new report by ADP Employer Services report has shown.
Wednesday 05 January 2011
Industrial orders in the eurozone rebounded from a slump in September to rise 1.4 per cent month-on-month in October, generating a 14.8 per cent year-on-year gain.
Wednesday 05 January 2011
Corporate profitability rose to an 18-month high in the third quarter of 2010, helped by manufacturers and oil producers, official data showed.
Wednesday 05 January 2011
Construction activity unexpectedly contracted in December for the first time since February 2010, the monthly Markit/CIPS purchasing managers index showed.
Wednesday 05 January 2011
Stockbroker Panmure Gordon, which faced a takeover threat from rival Evolution Group last year, said its results improved during the second half.
Wednesday 05 January 2011
Music and books retailer HMV said full-year profit would be around the lower end of forecasts and meeting the terms of its lending rules would be tight after bad weather hit Christmas trade.
Wednesday 05 January 2011
Next posted a slightly worse than expected fall in underlying store sales at Christmas, blaming the hit to trade on snow in December.
Wednesday 05 January 2011
POSITIVE economic news from across the globe saw a sharp rise in London stocks, with the FTSE jumping above the psychologically-important 6,000 barrier.
Wednesday 05 January 2011
FRENCH money-printer Oberthur Technologies tried yesterday to stir up a row among shareholders of its takeover target, De La Rue.
Wednesday 05 January 2011
MORGAN STANLEY has appointed its head of technology as chief operating officer.
Wednesday 05 January 2011
ANOTHER day, another set of strong global economic figures. UK manufacturing is expanding at its fastest rate since 1994, according to a key survey. US factory orders are accelerating and the Fed upped its growth outlook last night.
Wednesday 05 January 2011
FINANCIAL TIMES BOND SURGE ON BOTH SIDES OF THE ATLANTIC AS COMPANIES VIE FOR FUNDS
Wednesday 05 January 2011
SUPERMARKET Asda said yesterday its chairman Andy Bond stood down on 1 January after less than a year in his part-time role.
Wednesday 05 January 2011
Shares in online grocer Ocado rocketed past their 180p float price for the first time yesterday, hitting
Wednesday 05 January 2011
A former employee of AIG is suing her employers and PwC, claiming that auditors were negligent in checking the insurer’s financial strength and that AIG has failed to pursue a claim.
Wednesday 05 January 2011
FACEBOOK could be forced to go public by the US Securities and Exchange Commission (SEC) after Goldman’s $500m (£320m) investment, which valued the online giant at around $50bn.
Wednesday 05 January 2011
CITIGROUP chief executive Vikram Pandit was among the executives named in a fraud case registered by the Indian police yesterday.
Wednesday 05 January 2011
US BANKING regulators have authorised lawsuits against 109 bank officials so far as they seek to recover at least $2.5bn (£1.6bn) in losses connected to recent bank failures.
Wednesday 05 January 2011
Oberthur’s overtures to De La Rue’s shareholders have just begun
Wednesday 05 January 2011
PINK Floyd has agreed to a five-year deal with record label EMI, following a year of legal disputes.
Wednesday 05 January 2011
THE TAKEOVER Panel issued a “put up or shut up” deadline on food tycoon Ranjit Boparan yesterday over his interest in taking over Northern Foods.
Wednesday 05 January 2011
Oberthur’s overtures to De La Rue’s shareholders have just begun
Wednesday 05 January 2011
MORGAN STANLEY has appointed its head of technology as chief operating officer.
Wednesday 05 January 2011
THE TAKEOVER Panel issued a “put up or shut up” deadline on food tycoon Ranjit Boparan yesterday over his interest in taking over Northern Foods.
Wednesday 05 January 2011
ANGLO American has sold its Moly-Cop and AltaSteel businesses to Australian steel manufacturer OneSteel for $1,076bn (£641m), in the latest move to streamline the mining company’s business and renew its focus on core commodity assets.
Wednesday 05 January 2011
CHINESE vice premier Li Keqiang arrived in Madrid yesterday for a three-day visit.
Wednesday 05 January 2011
STANDARD Life has extended the deadline of its cash offer for Focus Solutions after failing to gain acceptances on all Focus’ shares.
Wednesday 05 January 2011
HEALTH product producer Danone yesterday saw its share valuation downgraded by analyst Sanford C Bernstein.
Wednesday 05 January 2011
BLACKS Leisure said it had been boosted by sales over the festive period with total sales in its outdoor business up 12.9 per cent in December.
Wednesday 05 January 2011
KEITH BOWMAN | HARGREAVES LANSDOWN
Wednesday 05 January 2011
RETAILERS may be promising to bear the brunt of the VAT rise but consumers will be hit by higher prices over time, experts said yesterday.
Wednesday 05 January 2011
ALAN?Johnson yesterday indicated a Labour government would hike employer National Insurance contributions (NICs) by three per cent instead of increasing VAT.
Wednesday 05 January 2011
NOT all retailers face a painful squeeze from the VAT rise to 20 per cent.
Wednesday 05 January 2011
TIM BLACK | QBE INSURANCE “No. I think retailers should be made to absorb the rise, so I'm not at all concerned about higher costs.” EMRE ORAL | FARADAY
Wednesday 05 January 2011
SIR Stuart Rose said farewell to Marks & Spencer (M&S) yesterday, drawing to a close a colourful six years at the helm of the retailer. He formally hands over the reins of chairman to former City banker Robert Swannell today.
Wednesday 05 January 2011
BRITISH manufacturing growth hit a massive 16-year high in December, it was revealed yesterday.
Wednesday 05 January 2011
AMERICAN auto sales hit their highest level in 16 months in December, it was revealed yesterday. The figures surpassed expectations and marked the end of a strong year for the formerly troubled industry.
Wednesday 05 January 2011
INFLATION across the Eurozone increased to 2.2 per cent in December, its highest level for over two years, it was estimated yesterday.
Wednesday 05 January 2011
MORTGAGE approvals unexpectedly increased to their largest number in four months in November, the Bank of England revealed yesterday.
Wednesday 05 January 2011
The cost of UK wheat hit a nominal record high in the London market yesterday at £203.30 per tonne, up 90 per cent over the past year and above the previous peak of £197.50 a tonne set in September 2007.
Wednesday 05 January 2011
German unemployment edged up very slightly last month, rising by 3,000 on November. Unemployment had fallen in November and October, as the German recovery continued to build up pace.
Wednesday 05 January 2011
New data yesterday showed ongoing growth in Singapore’s manufacturing sector as a purchasing managers’ index (PMI) reading remained above the 50 “no change” point.
Wednesday 05 January 2011
BUDGET airline easyJet yesterday purchased 15 new Airbus A320 aircraft, as well as buying options for 33 additional jets.
Wednesday 05 January 2011
A SURGE in private investor-owned shares has seen them end 2010 at the highest level since the recession began.
Wednesday 05 January 2011
DIRECTORIES group Yell yesterday made a £150m early repayment of its senior bank debt.

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