THE WEEK AHEAD September 18, 2011 COMPANY NEWS ● Gulfsands Petroleum, Highland Gold Mining and Petra Diamonds all announce today. All are looking for strikingly good results. ● Tomorrow, the UK-listed holding company of the Carnival group – the world’s largest cruise ship operator is dual-listed in New York and London – announces. It will be hoping for smooth sailing. ● [...]
THE TIPSTER September 18, 2011 DEPARTMENT store Debenhams is releasing a trading statement tomorrow. Traders are finding it tough to be optimistic after poor August UK retail sales and consumer confidence figures. Rival John Lewis released its latest figures and found the first half of the year tricky. Capital Spreads quotes 60.7p-61.1p. Alliance Trust has been in the press lately [...]
FTSE extends gains after a bullish note boosts the banks September 16, 2011 BRITAIN’S leading shares rose yesterday after politicians and central bankers moved to shore up market confidence in the debt-ravaged Eurozone, with the FTSE 100 index breaking above an eight-week technical downtrend. The FTSE 100 ended up 2.1 per cent, or 110.52 points, at 5,337.54, extending the rally into a third straight day. Fresh support from [...]
Fourth straight day of wins on Wall St September 16, 2011 INVESTORS pushed US stocks higher for a fourth day yesterday as coordinated central bank action encouraged optimism about dealing with the Eurozone debt crisis and its threat to the global recovery. Major stock indices rose more than one per cent. Shares of financial companies, which have been among the hardest hit by the debt worries, [...]
Asset based finance sector outperforms wider economy September 15, 2011 CHIEF EXECUTIVE, ABFA WE are all too aware that the UK economy has struggled to recover and grow following the recession, with GDP growth dropping to just 0.2 per cent and with rising inflation and taxes, as well as low productivity, this trend looks set to continue – at least for the near future. The [...]
Businesses need alternate ways to access cash September 15, 2011 REGIONAL DIRECTOR, GE CAPITAL ANY review of economic data at the moment will confirm that the outlook for UK business remains uncertain. That said, there is still evidence that growth is on the agenda for many businesses in London and activity in the transactions market is increasing. This includes interest from both private equity and [...]
It is time to investigate your options for financing your commercial needs September 15, 2011 HEAD OF TRADE AND WORKING CAPITAL, UK AND IRELAND, BARCLAYS CORPORATE IN THE current economic climate, efficient cash flow management must be at the top of the agenda for UK small and medium enterprises (SMEs). With the slowdown in the economy and increasingly high inflation, cashflow suffers, as customers take longer to pay their bills. [...]
FTSE closes higher after Euro chiefs reassure on debt crisis September 14, 2011 BRITAIN’S leading shares closed higher yesterday after Europe’s top bureaucrat said plans for a common euro bond, seen by many as a key tool to help end the regional debt crisis, would be presented shortly. A common bond would give the weaker peripheral countries access to cheaper funds, backed by core Europe, although regional paymaster [...]
US stocks climb on back of relief rally September 14, 2011 US stocks rose one per cent in a third day of gains yesterday after European leaders displayed new urgency in efforts to contain the Eurozone debt crisis. German and French leaders called on Greece to implement all financial reforms “strictly and effectively”, a German government spokesman said. Greece expects policymakers to report that Athens is [...]
National Grid bonds are not without risk September 14, 2011 INFLATION stealthily redistributes wealth from those with savings to those with debts – which is why highly indebted governments often turn a blind eye to it. But as important as it is to beat inflation, your investment strategy should be driven by facts, not fear. For those who missed out on the National Savings and [...]
