BALANCE RISKS TO OUTPERFORM BY REPUTATION October 24, 2011 WHAT a summer of sport we’ve seen. And with the handover of the Rugby World Cup baton on to England for 2015, the UK hosting of the 2012 Olympics, and not forgetting the Commonwealth Games in Glasgow in 2014, there hasn’t been a better time to be involved the sports, leisure and entertainment (SLE) world. [...]
Chinese manufacturing data starts a busy week October 23, 2011 THIS is set to be a busy week as market participants get to grips with a pile of economic data, US corporate earnings and the second act of the EU summit this Wednesday. CHINA MANUFACTURING PMI The first thing to confront traders this morning will be China’s HSBC Flash Manufacturing PMI. This can be a [...]
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 [...]
Oil prices in a fierce tug of war October 23, 2011 DIFFERENT VIEWS ON WHETHER THE OIL PRICE IS GOING UP OR DOWN – CRAIG DRAKE IS UNSURE, LIOR ALKALAY IS BULLISH CRUDE prices fell last week on the assumption that the demise of Muammar Gaddafi would have the magical effect of freeing up oil supplies. Gaddafi’s welcome demise is hopefully a sign that Libya will [...]
THE WEEK AHEAD October 23, 2011 COMPANY NEWS ● Tomorrow, BG and BP announce third-quarter results. The tide might just be turning for BP – its run of bad news is dissipating somewhat on the news of new North Sea investments. Royal Dutch Shell announces on Thursday. ● Reckitt Benckiser announces tomorrow. The world’s largest producer of household products, which is [...]
THE TIPSTER October 23, 2011 THE week ahead could prove to be the most crucial in the relatively short history of the continent’s common currency. We now know that banks will have to raise capital – but markets are still hoping for news of just how much money the better-funded elements of the Eurozone are prepared to throw at the crisis. [...]
OIL PRICES ARE GOING TO SHINE October 23, 2011 ON THE CONTRARY WHILE some see uncertainty in the future direction of oil, (see feature, left) I take a bullish view. The recent crude oil review prepared by analysts at Morgan Stanley points to a very slowly improving supply outlook. Their analysts are forecasting a growth in supply by 1.1m barrels per day, on average, [...]
Presume you can do it until proven otherwise October 23, 2011 DRAGONS are supposed to be scary, but in real life Deborah Meaden is warm and approachable. She is surprisingly open about her weaknesses too: “Well, I never imagined I wouldn’t set up a business,” she explains. “Not least because I don’t take instruction very well,” she laughs. “I wasn’t academic. I didn’t like school, but [...]
CAREERS NEWS | IN BRIEF October 23, 2011 NUMBER OF MBOS HAVE TRIPLED The number of business owners prepared to consider a management buyout (MBO) has tripled in the last three years since entrepreneurs have had to consider all options in a difficult economic market, according to new research by Coutts. However, most entrepreneurs will only instinctively sell their business to their own [...]
FTSE hit by fresh Eurozone discord October 20, 2011 BRITAIN’S leading share index was pulled lower by financials yesterday as political discord again hampered efforts to resolve the Eurozone debt crisis, leaving it on course to snap a three-week winning streak. News of stalled talks between France and Germany to forge a “comprehensive” plan to end the crisis ahead of a meeting of regional [...]