BEST OF THE BROKERS March 6, 2011 WM MORRISONS Evolution Securities is backing the supermarket retailer ahead of its full-year results on Thursday this week. It sees “little room for any major positive surprise” in the numbers, as the UK consumer environment remains subdued and the food retailers remain under pressure. Yet it is upbeat on possible news of a share buyback [...]
COLD COMFORT AS ICE GALA NETS £150K FOR ARCTIC TREKKERS March 6, 2011 BATTERSEA Power Station was transformed into a chilly Arctic cave last Thursday for an “extravagant farewell” for a team of eight wounded servicemen preparing to walk to the North Pole. The private event for 500 guests was the Ice and Diamonds send-off ball to raise money for the trekkers’ charity Walking for Wounded before the [...]
Information is a valuable commodity March 6, 2011 WITH the rapid and continuing expansion of spread betting in the UK, providers are continually seeking ways to differentiate themselves from the rest. One of the big ways that providers are trying to stand out is in the quality and range of the seminars and the education programs that they provide. David Jones, chief market [...]
THE WEEK AHEAD March 6, 2011 COMPANY NEWS ● Ireland’s biggest bookmaker Paddy Power will announce its end of year results on Monday. ● So will the financial spread betting and CFD provider IG Group. Both will be betting on good results. ● On Tuesday, Weir Group, founded in 1981 by descendants of Robert Burns, will hope to have engineered strong [...]
THE TIPSTER March 6, 2011 HOUSE builder Taylor Wimpey has recently posted profits ahead of expectations despite revenues staying unchanged. This has been put down to average selling prices increasing, which is a very pleasing sign for the firm which has seen a strong uptrend in share price since last December. Although the board remains cautious about the future it [...]
You can cash in on placid markets too March 6, 2011 REMEMBER the first time you heard the excitement around non-farm payrolls; the fuss that pushes back Friday afternoon drinks? Most do, and it’s not until you realise they’re a big deal and can set the market alight that you too start to get excited by them. Trading the dollar and American stock indices always seem [...]
TRADING TIPS FROM THE FRONT OFFICE March 6, 2011 CONSULTING ANALYST, INTERTRADER DID you ever see the trading pit scene from the film “Trading Places”? Well in real life it is every bit as crazy and then some. In 2007, I visited the oil pit in New York. I got some rather unusual trading advice from a 20-year veteran of the pits. The floor [...]
Kuytstanding March 6, 2011 LIVERPOOL (3) vs MANCHESTER UTD (1) ● Dutchman’s hat-trick deals United big blow ● Ferguson bans media access after defeat MANCHESTER UNITED manager Sir Alex Ferguson battened down the hatches after seeing his side succumb to a second successive Premier League defeat and lose winger Nani to injury in controversial fashion at Anfield. A hat-trick [...]
Broad cashes in on South Africa’s Chennai chokers March 6, 2011 ENGLAND captain Andrew Strauss hailed yesterday’s miraculous six-run victory over South Africa in Chennai as the turning point in his side’s World Cup campaign. After the humbling defeat against Ireland last week, Strauss’s troops were staring down the barrel of an early elimination when the Proteas ripped through the top order and eventually bowled England [...]
Hutton should’ve been sent off, admits frustrated Harry March 6, 2011 WOLVES (3) vs TOTTENHAM (3) TOTTENHAM manager Harry Redknapp admitted his side were lucky to finish with 11 men in yesterday’s pulsating draw against Wolves. Two sensational goals from Jermain Defoe, his first Premier League strikes of the season, cancelled out Kevin Doyle’s opener, but the Irishman equalised from the penalty spot five minutes before [...]
