THE TIPSTER | Vedanta hoping for a silver lining April 9, 2012 Last year was not a good one for Vedanta shareholders, as their company’s share price dropped from an opening level of around £24 per share to a low of around £9 before recovering a little. PR worries, and a rather opaque corporate structure, meant that this company was nevertheless a poor performer. The next update [...]
Overcoming your fear of charting April 9, 2012 THE most important thing to appreciate about charts is that they don’t bite. Any initial fear can be overcome with just a couple of hours of practice. However, this does need to be done in conjunction with watching a few educational videos first. Many basic videos are available online, but it is best to check [...]
Analyst picks for 10 April 2012 April 9, 2012 CURRENCY STRATEGIST JOEL KRUGER My pick: Looking to Buy euro-Swiss franc Expertise: Fundamental and Technical Analysis Average time frame of trades: 1 month to 3 months We don’t usually incorporate fundamentals into our trade ideas, but it’s hard to ignore the Swiss National Bank SFr1.2000 floor. Still, the market is technically in the process of [...]
FTSE plunges on euro fears April 4, 2012 BRITAIN’S blue-chip index fell to a two-month low yesterday, dragged down by commodity stocks after reduced prospects for fresh US stimulus and deepening concerns over the Eurozone’s debt and growth outlook weighed on risk appetite. The FTSE 100 index closed at 5,703.77, down 134.57 points, or 2.3 per cent – its steepest fall since mid-December. [...]
Fed’s caution hits Wall Street April 4, 2012 US stocks fell for a second day yesterday as investors contemplated a world without monetary stimulus and a poorly received bond auction in Spain suggested the effects of Europe’s funding operations were waning. Selling was broad as indexes tracking nine of the 10 S&P 500 sectors ended lower, with financial, materials and technology shares the [...]
JOBS of the WEEK April 4, 2012 MARKETING MANAGER SOUTH EAST £45k pa A leading financial services provider is looking to recruit a marketing manager to its building society distribution channel. The role requires significant experience and strong numeracy. http://www.cityamcareers.com/job/7688 HEAD OF BRAND AND COMMUNICATIONS HOME COUNTIES £60k-£80k pa This small, dynamic firm requires someone with high energy levels, a positive outlook [...]
Course selection is not easy in accountancy as all qualifications excel April 4, 2012 ACCOUNTANTS needn’t feel judged by their acronyms. While the ACA, the ACCA, the CIMA, and the CA all bear their own associations, accountancy qualifications are slowly shirking their historical prejudices. Nowhere is this more obvious than in their international recognition. The ACA, offered by the Institute of Chartered Accountants in England and Wales (ICAEW), has [...]
Profit-taking pares earlier gains April 3, 2012 BRITAIN’S leading share index beat a retreat yesterday, falling back after strong US data led gains on Monday as investors awaited more clues to the state of the world’s biggest economy. The FTSE 100 index closed down 36.55 points, or 0.6 per cent at 5,838.34 after recording its biggest daily rise in two months on [...]
Wall Street drops on Fed caution April 3, 2012 US stocks fell yesterday, with the S&P 500 retreating from four-year highs after the US Federal Reserve said it was less inclined to provide more economic stimulus. The Dow Jones industrial average declined 64.94 points, or 0.49 per cent, to 13,199.55 at the close. The Standard & Poor’s 500 Index slipped 5.73 points, or 0.40 [...]
Making sure the shuttlecocks all fly on time in the London Games April 3, 2012 COUNTDOWN TO THE LONDON 2012 OLYMPIC GAMES 114 DAYS TO GO Q What was your brand’s primary reason for being involved with the Games? A It started with a belief that bringing the Games to London and hosting it in London was going to be a very good thing for the UK. We backed the [...]