BEST OF THE BROKERS August 22, 2011 DP WORLD Nomura retains a “buy” rating for the marine ports operator, with a target price of 1,040p. Forecasts are for first half underlying net profits to be up 13 per cent year-on-year. Gross volumes were up 11 per cent for the first half, while consolidated volumes increased by 2.3 per cent. The broker forecasts [...]
FTSE 100 ends higher after defensives lead a relief rally August 22, 2011 BRITISH blue-chip stocks rose to buck a three-session slide as dividend-yield hunters ploughed back into beaten-down defensive stocks, albeit in low volume, volatile trade that could have further to run, traders said. Vodafone, Royal Dutch Shell and GlaxoSmithKline added most points to the FTSE 100 index yesterday as the recent fall, which took six per [...]
Bargain hunters return to market August 22, 2011 US stocks ended slightly higher yesterday after four weeks of losses as investors hesitated to take big risks without a catalyst for buying. The market was led by large-cap techs and industrials until late in the session when a rally faded. Banks struggled, with Bank of America, the largest US bank, falling 7.9 per cent [...]
Gaddafi’s downfall alone will not slash oil prices August 22, 2011 WHILE there are those who will be watching the news in Libya and see it as a tipping point for oil prices, any substantial cheapness will not come straight away. Events in Tripoli triggered some reactionary selling of Brent crude yesterday, but the road to a return of Libyan oil could be a long one. [...]
LIBYA OFFERS SUPPORT, BUT RISKS REMAIN August 22, 2011 GLOBAL equity markets bounced yesterday offering much-needed relief for bruised investors. After last week’s dismal performance, the major indices were technically oversold. Consequently, traders took the news that hostilities in Libya could be about to end as an excuse to pile back into stocks. But despite the rally, it’s unlikely that we’ve seen the market [...]
Raising hair: new men’s treatment August 22, 2011 I BLAME Ronaldo. When the absurdly sculpted, smooth-as-marble man-boy started appearing on the sides of buses and on billboards in his Armani boxers last year, the game was up: body hair was no longer part of the male ideal. At least David Beckham, Ronaldo’s predecessor in the Armani ads, looked like he could grow a [...]
EPISODE 24: Late nights and Handel operas August 22, 2011 EMMA is passionate about Handel, especially the operas. She’s sung in several Messiahs and we make – well, I make, on her behalf – an annual donation to the Foundling Museum. The Museum commemorates the Foundling Hospital, where annual performances of the Messiah, sometimes conducted by Handel himself, raised funds for the abandoned children in [...]
Quick ways to get in shape August 22, 2011 FITNESS & DIET EXPERT LAST week, a study from the Lancet revealed that exercising for just 15 minutes a day can add three years to your life and cut the risk of cancer by a heartening 10 per cent. Here are my top five ways to maximise those fifteen minutes: you won’t just achieve those [...]
Oasis of life on cold Chiswell Street August 22, 2011 Chiswell Street Dining Rooms 56 Chiswell Street, EC1Y 4SA Tel: 020 7614 0177 FOOD *** SERVICE ***** ATMOSPHERE *** Cost per person without wine: £35 CHISWELL Street, off Moorgate, is not likely to be on your post-work route unless you work there or live in the Barbican. For it’s a long, dreary street, sort of empty-feeling, [...]
Apple reaches top of the world – but will it stay there? August 22, 2011 @steve_dinneen LAST week Apple achieved what even a year ago seemed all-but impossible – it became the biggest company in the world. In shuffling, albeit briefly, past oil giant Exxon Mobil, it joined an ultra-exclusive club of just 10 companies to have held the top spot in the history of the S&P 500. And unlike [...]