CITY MOVES | WHO’S SWITCHING JOBS April 3, 2011 Bibby Financial Services The invoice finance specialist has appointed Andy Leopold as sales director for the south, based in London. Leopold, who has been promoted from the role of sales director for London and Hastings, brings more than 19 years’ experience working in the financial services sector. He will be responsible for securing new business [...]
BEST OF THE BROKERS April 3, 2011 TATE & LYLE RBS rates the UK speciality food producer “buy” and ups its target price from 580p to 625p following a positive trading update and the sale of its Fort Dodge ethanol plant to Cargill for £36m. Though the sale is at a significant shortfall to the £234m of investment it had made, the [...]
WALL STREET WEEK AHEAD April 3, 2011 THE Standard & Poor’s 500 index is poised to hit its highest mark in nearly three years this week after more signs of life from the jobs market, but think twice before betting the house. Many investors are coming to the view that the US employment situation has turned a corner, but the risks that [...]
Taking a punt on FTSE 250 companies April 3, 2011 THERE are tax, leverage and other advantages to using spread betting to get exposure to equities. For some investors, of course, these benefits may not offset the time and skill needed to negotiate the spread betting markets. However, some markets are easier than others to manage, with the FTSE 250 the best place to start. [...]
THE TIPSTER April 3, 2011 THIS week sees a fourth quarter trading update from Marks & Spencer. The impact of the VAT hike, rising commodity prices and careful consumers will make for interesting reading. With so many others on the high street struggling, there is no real hope of a good performance from M&S. Overseas ambitions may well help in [...]
THE WEEK AHEAD April 3, 2011 COMPANY NEWS • On Monday, investors will be keen to hear EnQuest’s view on the recent tax rise for North Sea producers that was included in last week’s Budget. The steady rise in oil prices should ensure a solid set of results. Future strategy and any change in production targets may have a further impact. [...]
Jim Mellon: wise words from a master investor April 3, 2011 WHAT ARE YOUR FAVOURITE MARKETS TO TRADE IN? Forex and indices. WHAT ARE THE ADVANTAGES OF SPREAD BETTING? Tax, convenience, leverage and cost. WHAT IS THE MOST COMMON MISTAKE MADE BY TRADERS? Sticking with losers. WHAT IS THE MOST IMPORTANT LESSON FOR A TRADER TO LEARN? Don’t trade unless you have a high degree of [...]
TRADE BETTER BY REVIEWING YOUR RESULTS April 3, 2011 TOM HOUGAARD CONSULTING ANALYST, INTERTRADER HERE is an exercise that my own trading coach Steve Ward taught me. I may be paraphrasing, but to the best of my recollection these are his exact words: “Tom, you will never make the progress you want, if you don’t go back and review your old trades. On your [...]
Live it up in Melbourne, Australia’s city of plenty April 3, 2011 EARLY morning Melbourne, the sun is rising, and we are drifting over this modern metropolis and its spectacular skyline of skyscrapers and spires in a hot air balloon. Rising high above the city, we gaze down on icons such as the Melbourne Cricket Ground (MCG), the Formula One racetrack, Government House, Melbourne Park, and the [...]
Melbourne and the Yarra Valley: eat, drink, stay, fly April 3, 2011 WHERE TO STAY The Olsen, set in South Yarra, is one of the Art Series Hotel Group (artserieshotels.com.au) along with the Cullen and the Blackman – each of which are named after renowned Australian artists. The Olsen’s 229 five-star suites are adorned with the works of landscape artist Dr John Olsen, while the interior of [...]
