BEST OF THE BROKERS June 28, 2011 DOMINO’S PIZZA Numis rates the pizza maker a “buy” with a 600p target price as it says the market expects the firm to report negative like-for-like sales for the second quarter after hot weather in April and May. The broker instead believes new product launches and growing lunch and late night sales should fuel 12 [...]
FTSE climbs as investors pile into financial stocks June 28, 2011 FINANCIAL stocks helped Britain’s top share index climb yesterday as hopes of a resolution to Greece’s debt problems spurred appetite for riskier assets. Banks were in demand, led by part state-owned Royal Bank of Scotland as investors bet the Greek parliament will this week vote through austerity measures needed to secure more aid from international [...]
INSURANCE COMPANY OF THE YEAR | The Shortlist day eight June 28, 2011 Insurance companies have endured an exceptionally costly year so far thanks to a bitter winter in Europe and devastating earthquakes in New Zealand and Japan. Insured losses in the first quarter alone are at a record level, testing the discipline of firms’ risk management. As the largest insurance hub in Europe, the City’s insurers play [...]
BUSINESS MARKETING CAMPAIGN OF THE YEAR June 28, 2011 INNOVATION was the key for this year’s shortlist. Microsoft proved that it is still an innovator with “Cloud Power”; Barclays Stockbrokers and American Express brought novel techniques to bear in their campaigns; Locog kindled new enthusiam for 2012; and NatWest showed that a new enthusiasm for better service is the best ad of all. Don’t [...]
A legal battle could yet sink the Greek bailout June 28, 2011 ALTHOUGH the Greeks will vote today on the adoption of austerity measures, that vote could mean nothing if a court case launched by a group of five German citizens derails Germany’s financial contribution to the bailout. The group, led by Peter Gauweiler, a member of parliament for the Christian Social Union (CSU) party, includes legal [...]
RELIEF AHEAD FOR THE EURO AFTER GREECE June 28, 2011 IN the currency market, all eyes are on Greece ahead of the key austerity vote later today. The general consensus is that George Papandreou will be able to push through the legislation, aided by defectors from the opposition New Democratic party. On Monday, ND deputy Elsa Papadimitriou indicated that she may vote for the austerity [...]
Follow trading leaders using social networks June 28, 2011 THERE’S plenty of cheap talk on social media’s bright future and its potential to turn friends and followers into profit. However, thus far, returns have failed to live up to the hype. Except in forex trading, where social networks like Currensee and eToro allow you to not only follow and interact with other traders, but [...]
THE TIPSTER June 28, 2011 STERLING fell to five month lows against the dollar yesterday, as fresh concerns over the European debt crisis saw investors flock to traditional safe-haven currencies, such as the greenback and Swiss franc. Spreadex offers $1.5921-$1.5924 sterling-dollar. Is the par(i)ty coming to an end for the Aussie dollar? After a meteoric rise fuelled largely by massive [...]
FOREX ANALYST PICKS June 28, 2011 FOREX STRATEGIST JOHN KICKLIGHTER My pick: Short sterling-dollar and kiwi-dollar. Long loonie-yen. Expertise: Fundamental analysis with risk management Average time frame of trades: 1 day to 1 week Significant volatility from last week didn’t translate into a decisive trend. That makes medium-term trade setups fewer and farther between. Of my setups from last week the [...]
Rolling towards a greener future June 28, 2011 IT seems fair to say that Rolls-Royce owners are not eco warriors. So when Rolls-Royce Motor Cars said they were building a prototype electric Rolls-Royce Phantom – called the 102EX or Phantom Experimental Electric (EE) – mine were not the only eyebrows raised. But at the very least the concept is intriguing. Why would Rolls-Royce [...]
