A string of strong earnings reports sends FTSE jumping April 20, 2011 COMMODITY stocks helped power the FTSE 100 index sharply higher yesterday, while earnings from Reckitt Benckiser and Home Retail, following US tech bellwether Intel, boosted risk appetite. The FTSE 100 closed up 125.39 points, or 2.1 per cent, at 6,022.26 following a 0.5 per cent gain on Tuesday. This wiped out Monday’s 2.1 per cent [...]
Results surprises push US shares up April 20, 2011 BIG earnings surprises gave a positive turn to investor sentiment yesterday, propelling US stocks to their best day in a month and lifting the Dow to its highest in almost three years. Investors had been set up for a series of disappointments but got an unexpected treat from blue chips Intel and United Technologies, sparking [...]
Investors find growth in fund returns on the African plains April 20, 2011 FOLLOWING the unrest that has dogged the Middle East and north Africa (MENA) regions for a large part of this year, investors may be asking themselves why they should be looking at these politically unstable regions rather than simply putting their money into the ever growing number of Bric funds on offer. But with African [...]
Waste your cash on holiday gifts – not on currency April 20, 2011 BRITS waste £245m of precious holiday money every year when they buy their currency outside of the UK, MoneyCorp research shows. And that doesn’t even count the cash wasted by those buying it in the UK at uncompetitive prices. While most of us know we’ll be ripped off if we wait until we get to [...]
PERSONAL FINANCE NEWS April 20, 2011 BURGLARS TO CASH IN ON WEDDING While the UK celebrates the royal wedding, AXA, the home insurers, predict a potentially huge surge in burglaries and accidental damage insurance claims. AXA’s research predicts that over four in ten of us will be away from our homes for the royal wedding while a further 21 per cent [...]
Now is the time to transfer old Isas April 20, 2011 MILLIONS of consumers know all about the benefits of sheltering savings under the umbrella of a tax-free Individual Savings Account (Isa), and for good reason. However, many people are losing hand over fist on previous years’ cash Isas and paying unnecessary charges on shares Isas. Transferring both is easy; although there are a few things [...]
A right Royal WEDDING April 20, 2011 We at City A.M. can be a cynical bunch. We confess there have been moments in the run-up to the royal wedding on 29 April that have made us roll our eyes, such as T Mobile’s yawnsome wedding spoof video and the release of the awful-looking William & Kate: The Movie. Others, though, have raised [...]
The best of… BRITISH April 20, 2011 TECH enthusiasts like to think themselves a pretty unflappable bunch, but just now we can’t help coming over all patriotic. The fact is, one of the little-celebrated things at which the Brits are world-leaders is high-end audio technology. We’re not talking the kind of thing most people have in their sitting rooms. No, this is [...]
WHAT’S NEW IN GADGETS AND TECHNOLOGY April 20, 2011 WONDER WATCHES FOR GADGET JUNKIES At last month’s BaselWorld Watch & Jewellery fair in Switzerland, the annual shindig in which the world’s watch companies get together to show off their latest creations, the watches that held particular appeal for gadget fans ranged from the disarmingly simple to the unbelievably complicated. In the simple (red) corner [...]
Voicemail a problem? Say hello to Hullo April 20, 2011 IF you work in a financial institution, your employer is obliged to record all your mobile calls, texts and instant messages. Even your personal calls, your compliance officer will argue, are covered by the FSA regulations. So why not give the nosy jobsworth something to think about as he snoops on your private life? Get [...]
