MANAGING THE NEW BONUS RULES October 20, 2009 PETER TALIBARTPARTNER AT NORTON ROSE LLP The announcement last week that major investment banks will join the big five British banks in agreeing to adhere to the remuneration principles set out by the G20 meeting in Pittsburgh last month is a significant coup for the broker of the deal, Lord Myners, and the Treasury. The [...]
Clever traders are looking to the future and the recovery October 20, 2009 THE PAST year will be remembered as a turbulent one for the global markets, beginning with the collapse of Lehman Brothers and the nationalisation of banks, and volatility hitting record highs. Many investors were so unclear about the state of the economy that they held on to their money. However, with the FTSE over 5,000 [...]
THE WORLD MONEYSHOW LONDON HIGHLIGHTS October 20, 2009 FRIDAY8.00 am – 6.30 pm Registration Desk Open9.05 am – 12.15 pm Opening Ceremonies12.15 pm – 6.30 pm Exhibition Hall Hours1.30 pm – 3.15 pm Product Presentations4.30 pm – 5.30 pm Panel Discussions5.30 pm – 6.30 pm Drinks Reception & Prize Draws in Exhibition Hall SATURDAY8.30 am – 6.30 [...]
Whatever your view on the market there are tools to take advantage October 19, 2009 RECESSION or recovery? Deflation or inflation? New bull market or dead-cat bounce? These are the issues which have dominated investors’ attention throughout the first nine months of the year. Equities have plunged and rallied, yields on government bonds have blown out and contracted sharply, while commodity prices have soared and sterling and the dollar have [...]
Pick the right defensive firm to protect your stock portfolio October 19, 2009 DESPITE analysts’ continued calls for a much-needed pullback in global equity markets, the FTSE 100 has stubbornly risen to the 5,200 mark. And if you believe that equities are due a correction, then you might want to bulk up your portfolio with a few defensive stocks as they tend to remain relatively stable, even in [...]
EMOTION IS DRIVING DOW ABOVE 10,000 October 19, 2009 MARTIN SLANEYHEAD OF DERIVATIVES, GFT AFTER all the build-up, the Dow finally did it. For the first time in a year, America’s most famous market climbed back above 10,000. This apparently momentous occasion generated much attention and in last week’s column I suspected that the raft of blue chip results would lend enough momentum for [...]
FTSEgiven boost by strong gains in energy and mining October 19, 2009 Britain’s top shares added 1.8 per cent yesterday, lifted by gains in miners and energy issues as commodity prices rose on an improved demand outlook and investors looked towards further earnings news from the United States. The FTSE 100 ended 91.30 points higher at 5,281.54, a new peak for 2009 on the 22nd anniversary of [...]
After-bell earnings from Apple impress October 19, 2009 US stocks rose to fresh 12-month highs yesterday as optimistic investors rode a wave of solid quarterly earnings, which continued after the session’s close when Apple’s shares jumped on its results. Earnings from companies, including Gannett, which beat analysts’ expectations, and positive broker commentary on Caterpillar further encouraged investors looking for confirmation the economy is [...]
Take a punt and profit from M&A recovery October 19, 2009 FOLLOWING a dearth of mergers and acquisitions (M&A) activity in the wake of the financial crisis, returning confidence and cash to credit-constrained companies has seen a flurry of deals and bids over the past month. Yesterday, Stagecoach made a fresh all-share offer for its beleaguered rival National Express despite a consortium walking away from takeover [...]
Another see-saw week ahead in US October 18, 2009 AFTER a week in which we saw US earnings good and not so good stimulate the Dow to both push through the 10,000 level and then close below it, this week could well see the see-saws continue as the corporate results keep on coming. Expect to be swamped with almost half of all the stocks [...]