Rapid Responses August 20, 2012 Universities work [Re: Release our business schools from the dead hand of state regulation, yesterday] Professor Len Shackleton’s proposed “shake-up” of UK higher education is wrong on a number of fronts. For a start, he fails to recognise the success of our world class universities which, despite years of under-investment, continue to deliver for this [...]
Even dead cats can bounce back to life August 20, 2012 WHEN things go disastrously wrong, the market is always ready to obliterate a stock. It could be because of mistakes made in a company’s operations, as in the case of Carnival earlier this year when one of its liners ran aground off Italy’s west coast. It could be like Facebook’s IPO, where the price rose [...]
China and Us data fail to corrode Qe speculation August 20, 2012 FX360 THE Dow and S&P 500 are both within spitting distance of the highs achieved earlier this year. It will only take a small push for both indices to surmount these heights. After that hurdle, the bulls will have their sights on the pre-financial crisis levels of 2007 – around 14,200 and 1,575 for the [...]
THE TIPSTER | Diageo set to toast sales August 20, 2012 THE international spirits maker and brewer, Diageo, will report earnings on Thursday. Currently on the cusp of buying Jose Cuervo tequila, the share price has increased by 13 per cent over the last six months and 50 per cent year-on-year. As with its last earnings report, it appears that the majority of revenue for the [...]
Technical analysis isn’t infallible August 20, 2012 IF YOU talk to particularly dogmatic technical analysts, you often come away with the feeling that their idea of the perfect trader would have zero contact with the outside world – no City A.M., no Bloomberg and no Twitter. The ideal trader would instead fuel themselves on Fibonacci retracement points and takeaway pizza. But though [...]
Analyst picks for 20 August 2012 August 20, 2012 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Short Aussie-dollar and Aussie-Kiwi, buy dollar-yen dips Expertise: Fundamental and technical analysis Average time frame of trades: A few hours to a few days I took profits on my core Aussie dollar-dollar short from $1.0585 last week, and the pair was reshorted at $1.0450 as it appears a top [...]
Create your own personal OLYMPIC LEGACY August 20, 2012 Legacy is the buzzword du jour. Will the government be able to translate the success of the Olympic Games into future sporting prowess? Or, like the Australians, will we crumble into mediocrity? Will our legacy be greater social cohesion? Can we become a fitter, healthier, less obese nation? These are all reasonable questions but they [...]
Olympic volleyball player Louise Bawden explains how to get the perfect derrière August 20, 2012 FIT IN THE CITY Female beach volleyball players may be fearsome athletes but they have also gained pin-up status thanks to their fantastic glutes. We catch up with Australia’s Louise Bawden to talk Games, genetics and, of course, bums. Q. Beach Volleyball seems to be played on the whole by long, lean athletes. Is it [...]
Asil Nadir found guilty of three counts of theft August 20, 2012 Former tycoon Asil Nadir has been found guilty of three counts of theft from Polly Peck International (PPI) at the Old Bailey today. He was charged with 13 counts of theft worth £34m from the conglomerate between 1987 and 1990. He was cleared of one count. PPI, a FTSE 100 company dealing in a range [...]
FTSE 100 flat despite Lonmin losses August 20, 2012 Britain’s leading share index opened flat this morning, despite widening losses in mining shares, tracking a decline in the price of copper. Beleaguered platinum producer Lonmin continued another day of losses, with the shares down more than 3.5 per cent. The mining company today issued an ultimatum to the striking workers. Defence group Chemring was [...]
