Warning from Canada watchdog March 27, 2011 Canada’s banking watchdog warned yesterday that the next global financial crisis may not be far off and that now is the time for regulators to get tough on the financial industry. “I think we have seen this movie before, but the amazing thing is we continue to expect a different ending,” said Ted Price, assistant [...]
CITY MOVES | WHO’S SWITCHING JOBS March 27, 2011 HDG Mansur The real estate fund and asset management firm has appointed Jeremy Thorman as sales liaison manager for its mixed-use development in Finzels Reach, Bristol. Thorman will manage the link between sales and construction for the £255m development, working with senior managing director Michael Baker. Thorman joins from European Land and has also held [...]
BEST OF THE BROKERS March 27, 2011 COMPASS GROUP Deutsche Bank rates the caterer “buy” with a target price of 685p ahead of its half year pre-close trading update on Thursday. The broker thinks that success in North America and in new markets should offset any impact from recent natural disasters in Japan, and is expecting 4.9 per cent organic growth in [...]
Strong data should keep stocks heading higher March 27, 2011 AFTER their biggest weekly gain for six months, European stocks could well press even further ahead on this morning’s open. In out-of-hours trading, GFT is forecasting the UK’s FTSE 100 index to open up 12 points from Friday’s close at 5,912. The German DAX is quoted to open up 14 points at 6,960 and the [...]
WALL STREET WEEK AHEAD March 27, 2011 U S stock investors could scramble to pick up some of the market’s recent best performers this week as the quarter comes to an end, putting the spotlight on energy and industrial companies. But worries about Japan, the Middle East and oil prices will persist and keep uncertainty high, analysts said, even as the VIX, [...]
Fitzdares to spread into financial bets March 27, 2011 STARTED in 2005 with an injection of cash from venture capitalist Ben Goldsmith, Fitzdares markets itself as “the bespoke bookmaker for the discerning gambler.” In six years it has developed into a successful niche bookmakers catering to some of London’s wealthiest gamblers. With a solid track record in sports, it has now moved into the [...]
THE TIPSTER March 27, 2011 LAST week’s budget certainly gave a fillip to the construction industry. The sector has hardly had an easy ride since the free-flow of credit dried up in 2008, but with some of the froth knocked out of the market, progress seems to have been emerging in recent months. Housebuilder Bellway will be releasing its interims [...]
THE WEEK AHEAD March 27, 2011 COMPANY NEWS • Travel company Thomas Cook group is going to announce its second quarter interim management statement on Tuesday. This will be followed by figures being released by TUI Travel on Thursday, where we may see indication of how the Middle East turmoil affected the performance of travel companies. • Housebuilder Bellway will be [...]
Add fizz to your trades by using Bollinger bands March 27, 2011 THOUGH long term trends are relatively easy to identify, tracking intraday trends is often more tricky to do, as short term developments often disappear before you’ve even identified them or before they can be used to your advantage. This is where Bollinger bands can serve as a useful tool for day traders. Whereas most indicators [...]
SME Budget bonanza: entrepreneurs react March 27, 2011 WITH David Cameron urging the British public to be more entrepreneurial in a speech today, many are asking whether the government is doing enough to support start-ups and small businesses. Last week’s Budget was dubbed the “Budget for growth” and offered a number of measured aimed at entrepreneurs and small businesses, but not everyone is [...]
