FTSE ends lower in thin trade October 4, 2010 BRITAIN’S top share index closed lower in thin volumes yesterday, ahead of key macroeconomic data later in the week, with BP hit after issuing a €2bn (£1.72bn) bond to help pay for the Gulf of Mexico oil spill. The FTSE 100 ended down 0.7 per cent at 5,555.97 points, after closing up 44.28 points, or [...]
Wall St falls as investors book gains October 4, 2010 US stocks fell in light trading yesterday as investors took profits on recent gains, using middling economic data and worries about euro zone debt as a catalyst for shedding long positions. Commodities stocks led the decliners in reaction to the rising dollar. The greenback was stronger as investors shifted away from the euro, which fell [...]
FULL MONTY October 4, 2010 COLIN MONTGOMERIE spoke of his pride in leading Europe to Ryder Cup glory at Celtic Manor – but then revealed it was only a one-off. The Scot captained the European team to a 14 1/2–13 1/2 victory after one of the most thrilling rounds of singles matches in history. Graeme McDowell was the hero, securing [...]
Adlington leads English medal charge October 4, 2010 OLYMPIC swimming star Rebecca Adlington enjoyed more success as the Commonwealth Games got underway in Delhi yesterday, leading a host of English medals in the pool. Adlington took bronze in the women’s 200m freestyle, an event she is only experimenting with having specialised in longer distances, with Jazz Carlin of Wales grabbing silver. England’s Michael [...]
The best Ryder Cup battle for years October 4, 2010 FOR one reason or another, this Ryder Cup at Celtic Manor will live long in the memory. Not only was it the first time in its 83-year history that it went into a fourth day due to the downpours of Friday and Sunday, but it was also a damn fine spectacle. Not for a long, [...]
Veteran Davies earns shock call-up from Capello October 4, 2010 HE thought his chance had passed, but at the age of 33 Bolton forward Kevin Davies was yesterday handed his first England call-up for next week’s Euro 2012 qualifier against Montenegro. Davies was by far the most surprising name in Fabio Capello’s 23-man squad, which also includes teenage Arsenal midfielder Jack Wilshere, despite him being [...]
Talk of Quorn sell-off ignites Premier stock October 4, 2010 SHARES in Premier Foods shot up more than 10 per cent yesterday in response to the news that it may sell its Quorn brand to an unnamed suitor. The FTSE 250-listed firm closed up 10.43 per cent yesterday at 17.9p. The shares remain nearly 60 per cent short of their 12-month high. Premier confirmed on [...]
High-end homes drop in price October 4, 2010 THE COUNTRY’S most expensive homes have shed 1.5 per cent of their value in the last 12 months, suggesting demand remains low even as supply starts to tail off, according to research out yesterday. The dip has likely been caused by high net worth individuals deciding not to move to the UK, while others are [...]
London &?Stamford sells Aintree shopping centre October 4, 2010 PROPERTY investor London & Stamford completed the £101m sale of its shopping centre near Aintree racecourse yesterday. The firm, which last week listed on the London Stock Exchange and turned into a more tax-efficient real estate investment trust (REIT), sold the Liverpool mall to the Crown Estate, the royal family’s land portfolio. The Guernsey-based company [...]
Rockefeller snaps up 75pc of Europa Capital to extend its reach in Europe October 4, 2010 THE ROCKEFELLER Group has bought a 75 per cent stake in Europa Capital, as the American property investor branches out into Europe. Rockefeller, one of the oldest real estate groups in the US, paid an undisclosed amount for the stake in the London-based Europa. “The alliance with Europa is a significant step in the realisation [...]