THE TIPSTER October 16, 2011 WEDNESDAY will see Sports Direct kick-off its figures with a trading statement, and it seems that expectations are good. Despite the retail slump, its projected earnings growth is 20 per cent a year for the next two years. Broker Panmure Gordon recently put a 300p price target on it. Capital Spreads quotes 230.6p-232.8p. Xstrata gives [...]
LOOKING FOR SIGNS OF HOPE October 16, 2011 THE Eurozone is in dire need of a quick capital injection, perhaps €2 trillion, says economist Nouriel Roubini. Roubini is not the only economist alarmed by the Eurozone’s banking system. Even outgoing ECB head Jean-Claude Trichet said recently that the systemic crisis must be decisively tackled, as the interconnectedness threatens the Eurozone’s financial stability, and [...]
Companies really can be built upon trust October 16, 2011 I WAS studying at London Business School last year with every intention of becoming a banker when I graduated,” says Nitzan Yudan. “Then my wife wanted to go on holiday to Bruges and since I was a student money was pretty tight, so I was looking for ways to make a bit of extra money.” [...]
Some business partnerships don’t work October 16, 2011 AMERICAN oil magnate John D. Rockefeller said: “A friendship founded on business is better than a business founded on friendship.” And there are countless stories of business partnerships going bad. Steve Jobs famously teamed up with John Sculley only to be fired by him two years later (pictured right). Facebook founder Mark Zuckerberg’s falling out [...]
A journey to the promised land of New World wine October 16, 2011 It was a few years ago, on an evening near Christmas in a neon-lit office boardroom, that I set my heart on South African wine. Until that night, I’d floundered when faced with supermarket wine sections and restaurant lists. Nothing tasted worth the money. And yet wine played an almost daily role in my life. [...]
World still recovering from BlackBerry blackout October 16, 2011 When BlackBerry crumbled, nobody got any emails for three days. This made people angry; angrier than if you had approached them on the street, apropos nothing, and slapped them firmly across the face (I should know, I tried: they didn’t even react. They were too busy staring at their lifeless phones). The episode – crisis: [...]
WENGER’S VAN PERSIE FEAR October 16, 2011 ARSENAL (2) vs SUNDERLAND (1) Dutch striker’s brace ensures a much needed victory but Arsenal manager can offer no guarantees that his star man will stay beyond current season ARSENAL manager Arsene Wenger admits he doesn’t know whether Robin van Persie will sign a new contract after the captain underlined his importance to the Gunners [...]
King injury adds to Spurs frustration as Ameobi preserves unbeaten run October 16, 2011 NEWCASTLE (2) vs TOTTENHAM (2) TOTTENHAM manager Harry Redknapp admitted he is powerless to prevent Ledley King from sustaining the type of muscular injury which saw his skipper fail to complete yesterday’s draw at St James’ Park. The visitors twice took the lead but ultimately had to settle for a point when substitute Shola Ameobi [...]
Final destination: Awesome All Blacks set up France clash October 16, 2011 NEW ZEALAND (20) vs AUSTRALIA (6) NEW ZEALAND coach Graham Henry insists his side are ready to finally banish their World Cup ‘chokers’ tag after securing a place in Sunday’s final after yesterday’s momentous victory over arch rivals Australia. The Wallabies were never allowed within striking distance as New Zealand’s relentless defence, led by an [...]
Vettel targets Schumacher record as Red Bull celebrate double coronation October 16, 2011 WORLD champion Sebastian Vettel insists he will not ease off for the remaining three races despite adding the constructors’ championship to his drivers’ title with victory at yesterday’s Korean Grand Prix. The German pipped Britain’s Lewis Hamilton in Yeongam to win his 10th race of an utterly dominant season and could yet equal Michael Schumacher’s [...]
