FTSE 100 soars to 21-month high boosted by Greek bailout March 25, 2010 BRITAIN’S top shares hit a 21-month closing high for the third day in a row yesterday, helped by a rally in banks as sovereign debt concerns faded, while retailers were boosted by upbeat results from Next and UK retail sales. The FTSE 100 ended 49.77 points higher at 5,727.65, finishing above the 5,700-mark for the [...]
Wall St flat due to fears of debt crisis March 25, 2010 US stocks ended flat yesterday, dropping off earlier highs as a weak US bond auction and global debt concerns continued to weigh on investor sentiment. Indexes advanced for most of the session, with the Dow and S&P hitting fresh 18-month highs, but their gains mostly disappeared after the auction of seven-year notes and comments from [...]
Budget fails to boost market as FTSE 100 treads water March 24, 2010 BRITAIN’S top shares added 0.1 per cent yesterday as strength in miners and banks was balanced out by weakness in energy issues, with little overall impact from a Budget that contained few surprises. At the close, the FTSE 100 was up 4.25 points at 5,677.88, having hit a fresh 21-month intra-day peak at 5,698.87 early [...]
Sovereign debt hits Wall St sentiment March 24, 2010 AMERICAN stocks fell yesterday as Portugal’s credit rating downgrade and a weak Treasury note auction stirred concerns about sovereign debt. Major indexes eased a day after hitting 18-month highs, with losses across most sectors on light volume. Worries centered on countries’ ability to pay their debt, bolstering the dollar and hurting commodity-related stocks. Portugal’s rating [...]
How to make the most from the UK’s weak fiscal position March 24, 2010 CHANCELLOR Alistair Darling may have received jeers from the opposition while he delivered his Budget yesterday, but one thing all of the UK’s political parties agree on is that the projected £167bn budget deficit needs to be reduced. While the proposed timing of the deficit reduction differs between the parties, public spending will get the [...]
LISTED PRODUCT NEWS March 24, 2010 RBS FLIES BA WARRANTS You can now trade covered warrants on British Airways (BA) and Citigroup with Royal Bank of Scotland. Both put and call warrants are available and for those with long investment horizons, the expiry dates – some as far-out as June next year – should be welcome news. It may also take [...]
How an MBA can make you an entrepreneur March 24, 2010 SURVEYS of this newspaper’s readers always show that a large proportion of them hope to start up their own business one day. But if that is your dream, how do you go about it? Can you learn to be an entrepreneur? There is a mystique around entrepreneurialism and those who have succeeded often promote the [...]
Size matters when it comes to your MBA March 24, 2010 IN 2006, there were 299 people on London Business School’s full-time MBA course. In 2010, the intake was 401, bringing the total number of students on the two-year course to around 800. The 2010 intake at Paris’s INSEAD is 980. At the upper end, the number of people at the large MBA schools is increasing [...]
TALE OF THE TAPE | DAVIDS AND GOLIATHS March 24, 2010 LBS: 401 for a two-year MBA, meaning at any one time there will be around 800 full-time MBA students. INSEAD: INSEAD admits two classes per year, each comprising nearly 480 students, from over 70 nationalities. SAID: 240, from 48 nationalities, with 95 per cent international students. EMLYON: 30 students, from 13 countries. VLERICK LEUVEN GENT: 50 students, more [...]
FTSE 100 peaks at 21-month high led by banks and energy March 23, 2010 BRITAIN’S top share index rose 0.5 per cent yesterday, hitting a fresh 21-month closing high, led by commodity, enErgy and banking stocks as fears over monetary tightening effects ebbed. The FTSE 100 index ended 29.09 points higher at 5,673.63, after hitting an intra-day high of 5,695.94. It was the highest close since June 19 2008. [...]