Tech stocks drop on weak Dell results August 17, 2011 TECH shares fell yesterday after Dell’s disappointing sales outlook fanned worries weak economic growth will hurt earnings in the third quarter. The Dow and S&P indices ended little changed in an up-and-down session where investors sold growth sectors in favor of defensive shares like telecoms and utilities. Computer maker Dell was the S&P’s worst performer, [...]
The man from Icann is after new net gains August 17, 2011 JANUARY 2012 marks the start of “a whole new commercial phase for the internet”. And Peter Dengate Thrush (pictured, right) should know – as the former chairman of the board of Icann, the body responsible for the internet’s top-level domain name management, he oversaw the introduction of the reforms that are about to upend the [...]
Other Aim-listed companies to consider August 17, 2011 ON THE difference between buying small as opposed to large company stocks, investment guru Jim Slater notably remarked: “Elephants don’t gallop.” While true, the worry for many investors is that instead of lasting 70 years, many Aim-listed companies have a life expectancy closer to that of the mayfly. However, not all Aim companies are born [...]
Merkozy’s business-killing tax plans August 17, 2011 TUESDAY’S announcement by Angela Merkel and Nicolas Sarkozy that they intend to implement a financial transactions tax in the EU was bad news all round. But such a tax would be particularly damaging to those within the forex market. Forex is the largest financial market in the world, with a £2.5 trillion average daily turnover. [...]
Social network your way into a new career August 17, 2011 TECH gurus everywhere were shaking with excitement when Google’s answer to Facebook, Twitter and LinkedIn was launched earlier this year. Google Plus hopes to carve out its niche by giving users greater control over who sees what information. This could make it very popular. Stories like that of the jobseeker who tweeted: “Cisco just offered [...]
We must reinvent our meetings culture August 17, 2011 AUTHOR I THINK 100 years from now, we’ll look back at the absurd amount of time organisations spend inside of meetings and we’ll laugh. Or maybe we’ll cry. The meeting problem has grown into a full-blown debacle. Back to back to back, poorly executed, tortuously long meetings are hijacking our calendars and draining our enthusiasm. [...]
Upbeat US outlook lifts FTSE but Eurozone worries linger August 16, 2011 BRITAIN’S top shares ended a shade higher yesterday, notably banks, after a better than forecast report on industrial output in the United States and as Fitch confirmed that nation’s top credit rating with a stable outlook. The UK benchmark index ended up 7.05 points, or 0.1 per cent, at 5,357.63, having spent much of the [...]
Wall Street breaks its winning streak August 16, 2011 US stocks fell yesterday after three days of gains when a meeting between the heads of France and Germany failed to quell fears about the ability of the Eurozone leaders to contain the region’s sovereign debt woes. Efforts to stem the spreading European debt crisis have so far been ineffective, partially causing the equity market [...]
Sarkozy and Merkel announce plans for closer EU integration August 16, 2011 THE story of the crumbling Eurozone took a new twist yesterday with a joint press conference given by German chancellor Angela Merkel and French president Nicolas Sarkozy. This followed an afternoon of meetings between the two premiers, as they discussed ways to shore up the euro. The plight affecting the euro has largely been centered [...]
CALM SHOULD RETURN FOR FX MARKETS August 16, 2011 JUST how volatile was currency trading last week? To understand it better, let’s take a look at euro-Swiss franc and dollar-Swiss franc – two pairs that carved out enormous ranges in last week’s tumultuous markets. For the past 250 trading days, the average daily range in euro-Swissie has been 149 points. Last week it expanded [...]
