WALL STREET WEEK AHEAD February 20, 2011 Investors will continue to ride the speediest rally in US stocks since the Great Depression despite growing concerns the market is overbought and due for a correction. Wall Street posted its third consecutive week of gains with the S&P 500 now up 6.8 per cent for the year and more than 20 per cent in [...]
CITY MOVES | WHO’S SWITCHING JOBS February 20, 2011 Kinsey Allen International The global executive search firm has appointed DiAnn Ferguson to launch its asset management practice in San Francisco. Ferguson will focus on mandates within the asset management sector on the west coast of the US. She has over 20 years experience as a trader, broker and search consultant in London, continental Europe [...]
THE SOUND OF MUSIC COMES TO THE WHARF February 20, 2011 THE success of hit US TV show Glee has inspired many high schools and universities to launch show choirs – and now it seems not even London’s financial sector is immune to the lure of a good sing-along. Hence the launch of the Canary Wharf Choir, an open singing group for those that live and [...]
BILL OF THE WEEK February 20, 2011 FOUR bankers celebrating a promotion in the group managed to celebrate in style with a school night blow-out a couple of weeks ago – dropping over £1,000 on a Wednesday night at Kingly Court members’ hotspot The Bureau Club. Between them, the high-spirited quartet sank two bottles of vintage Dom Pérignon over the evening, at [...]
S&P 500 is on a great rolling boil February 20, 2011 BRING up to a rolling boil then leave for…. How long exactly? That is precisely the question that spread betters everywhere are asking about the S&P 500. It’s been climbing for two years now, smashing through glass ceilings like a highly caffeinated new-age woman. But – realistically – how long can the rally last? The [...]
THE WEEK AHEAD February 20, 2011 COMPANY NEWS ● The week’s slew of annual reports will begin on Monday. Hammerson, which invests in and develops shopping centres, retail parks and offices throughout Europe, will kick things off. ● Wednesday will see investment management company Henderson Group release its full-year results. ● Part-nationalised banks RBS and Lloyds will report their annual performances [...]
THE TIPSTER February 20, 2011 RECENTLY downgraded to “hold”, investors have not been deterred from Dragon Oil which will be publishing interim results tomorrow. As the crisis in the Middle East unfolds, and stop-gap governments evolve, oil prices, which have seen a correction since last week, should carry on rising and the sector continue to perform. Cantor Index offers a [...]
2011 is the year that London becomes the world’s best place to stay February 20, 2011 JUST when it seemed as though London couldn’t fit another slice of luxury into its five star-crammed hotel scene, along comes… well, everything. This has been a huge year for the capital. The completion of the spectacular £200m refurb of the Savoy sparked the buzz of excitement. Since then, Park Lane has seen the rebirth [...]
THINK ROOMS… with LateRooms.com February 20, 2011 The Savoy 5* The Strand | London | WC2R 0EU Following the most ambitious hotel restoration in British history, The Savoy re-opened last year to reclaim its legendary status amongst the world’s top hotels. Blending the Edwardian, the Art Deco and the contemporary, its timeless elegance shines through once more. The entrance is as iconic [...]
Hollywood Hotspots: How to do LA like a star in 24 hours February 20, 2011 AS celebrities flock to Los Angeles for the Oscars, we found the hotspots that they’ll be eating, drinking, and (not) sleeping in before the big night. We first checked into the Hollywood Roosevelt, which oozes old school glamour. Live like Marilyn Monroe in suite 229 where she resided for two years, or head to the [...]
