Bridging the gap: How GE is trying to create a legacy for the Olympics June 12, 2012 44 DAYS TO GO Finding long-term use for equipment is key, says Tom Welsh TOWER Bridge and Homerton University Hospital in Hackney have little obvious in common. The first was opened in 1894 by the future Edward VII and is one of London’s most photographed landmarks. The second caters for one of London’s poorest, most [...]
GE lights up Tower Bridge June 12, 2012 Tetra contour cable – GE’s durable alternative to neon lighting – follows the metal curves on either side of the towers and across the walkway Tower Bridge’s Cornish granite and Portland stone cladding protects and embellishes an underlying framework of steel with a Victorian Gothic flourish LED projectors enhance the architecture of the bridge by [...]
Rio summit is a game changer for accountants’ role in businesses June 12, 2012 FOR some time now, the accountancy profession has been actively engaged in the debates on sustainable development and climate change, at least in respect of those areas that impact on accounting and business. Despite best efforts, two commonly asked questions about environmental and sustainability issues continue to be asked. The first, asked by accountants, is: [...]
Bailout buzz evaporates as FTSE 100 falls in the wake of Spanish rescue June 11, 2012 BRITAIN’S top shares saw earlier sharp gains evaporate yesterday, ending the session lower, as euphoria engendered by a Spanish bank rescue package gave way to concerns over its long-term efficacy, as investors eyed the next hazards in the crisis. The FTSE 100 index ended the session down 2.71 points, or 0.1 per cent, at 5,432.37, [...]
Wall Street is unimpressed by Spain deal June 11, 2012 US stocks fell yesterday as Europe’s aid package for Spanish banks did little to alleviate investor concerns about the Eurozone’s finances and a slowdown in the wider global economy. The equity market bounced in early trading, but the rally was quickly snuffed out by sellers and a sharp decline accelerated into the market’s close. Spanish [...]
Lobbying for gains over the election cycle June 11, 2012 AS WE head towards a Mitt Romney versus Barack Obama showdown in November, what does this year’s presidential election mean for the stock market? Can we look at past election cycle trends to gain an advantage in this cycle? As you can see from the chart on the right, based on cumulative data from the [...]
MARKETS SET TO RETURN THEIR FOCUS ON THE FED June 11, 2012 MOST global stock indices rallied strongly in the first two months of this year. Investors bought equities in response to the European Central Bank’s (ECB) two Long-Term Refinancing Operations (LTRO), which provided around €1 trillion in liquidity to Europe’s banking system. But the indices have struggled since March, with the sell-off accelerating from early May. [...]
THE TIPSTER | Consulting an upbeat 2012 June 11, 2012 CONSULTANCY WS Atkins was quite upbeat about its full-year results back in April, so it will be interesting to see if the company can indeed deliver. The shares have dropped back noticeably from their 2012 high around 800p, so the company will be hoping that its figures are enthusiastically received by investors. IG’s price on [...]
Pain in Spain will continue to reign June 11, 2012 AFTER opening to a flurry of optimism – following this weekend’s agreement to bail out Spanish banks – stock markets had sunk back down by the end of yesterday. It’s business as usual for Europe, and business is usually pretty bad right now. “Friday’s late price action on the Ibex 35 was indicative – traders [...]
Analyst picks for 11 June 2012 June 11, 2012 CURRENCY STRATEGIST JOEL KRUGER My pick: Long euro-dollar at €1.246, stop on close below €1.240 Expertise: Technical analysis Average time frame of trades: 1 day to 1 week This past week was rather constructive for the euro, in light of intense selling in previous weeks. A break of a sequence of four consecutive weekly lower [...]
