THE TIPSTER October 2, 2011 IT is a busy week this week for retailers with Tesco and several others updating the markets with their latest trading statements. Tesco has been wobbling like an errant trolley between 355p and 385p for nearly two months now. Until this range is broken, look to sell at the top and buy at the bottom. [...]
FTSE falls on worries of China and copper losing momentum September 29, 2011 BRITAIN’S leading share index fell back yesterday, bucking firmer trends from both US and European equity markets and under pressure from big falls by heavyweight miners on lower copper prices amid concerns over future demand. Traders highlighted some anxiety over growth from major metals consumer China ahead of official September PMI numbers, due out on [...]
Wall Street closes up after rocky day September 29, 2011 US stocks mostly rose in a volatile session yesterday as stronger-than-expected economic data and German approval of a beefed-up Eurozone crisis fund relieved two of the worst fears hanging over the market. But the Nasdaq was knocked lower by a brutal sell-off in US-listed Chinese stocks on news of a probe into accounting practices and [...]
FTSE weakens on anxiety ahead of new Greek audit September 28, 2011 BRITAIN’S top shares ended lower after a choppy session yesterday, with investors nervous ahead of an audit of Greece’s finances to determine whether it has done enough to secure a new batch of aid. Integrated oils helped limit the FTSE 100’s losses, with BG Group up 3.4 per cent, grabbing the top spot on the [...]
Wall St slides on weak commodities September 28, 2011 COMMODITY related stocks drove Wall Street lower yesterday as stiff declines in energy and metals prices underscored investor concerns about global economic weakness and Europe’s festering debt crisis. The down draft, which comes after three days of gains, put the S&P 500 on course for its worst quarter since the depths of the financial crisis [...]
Rising sun set to shine again September 28, 2011 THERE is a strong argument that Japanese equities are undervalued. Although the macro situation remains bleak, this doesn’t preclude companies from turning a profit – particularly on the back of Chinese demand. A GOOD DEAL Ben Seager Scott of Bestinvest says “Japan is looking like a fairly attractive investment opportunity at the moment, with cheap [...]
FIVE OF THE BEST MONEY-SAVING SMARTPHONE APPS September 28, 2011 RED LASER Ever wondered if you can buy something cheaper online? Now you can know. Red Laser is a barcode scanning app that allows you to compare like-for-like products on shopping websites such as TheFind, Google Product Search, eBay and Half.com. Free, available on iPhone and Android. SPOTIFY That good old money-saving classic for your desktop [...]
Economically reckless tax championed September 28, 2011 THOUGH most ought to have ceased to be surprised by off-the-wall Eurozone policy announcements and scapegoating speeches, you can always rely on European ministers to pull something out of the bag. And yesterday, Jose Manuel Barroso, the European Commission president, did not disappoint. As the Eurozone quakes in its boots at the prospect of Greek [...]
Putting women on boards will not help September 28, 2011 CATASTROPHIC errors of judgment” by company boards are blamed in Alistair Darling’s memoirs for the spectacular corporate failures over the last few years. Bringing more women into the boardroom to shake up behaviour is being touted as at least part of the answer and Lord Davies has called for at least a quarter of the [...]
FTSE bounces four per cent as hope for euro plan grows September 27, 2011 BRITAIN’S top share index gained strongly yesterday, posting its biggest one-day percentage gain for 16 months, boosted by a rally from commodity stocks and advances by banks on increased hopes that European leaders will take decisive action to alleviate the region’s debt crisis encouraged investors. Banking stocks, among the most sensitive to the twists in [...]
