WALL ST WEEK AHEAD February 6, 2011 WITH earnings continuing to surprise on the upside and minimal technical resistance ahead, the bears may have to wait a bit longer for the much-anticipated end to the current stock rally. The VIX, a gauge of investor anxiety, dropped last week despite unrest in the Middle East and oil prices are basically unchanged from two [...]
BEST OF THE BROKERS February 6, 2011 BG GROUP Deutsche Bank rates the oil explorer “buy” with a target price of £13.34. The broker expects BG to report upstream production growth when it brings out fourth quarter results tomorrow, with a predicted 12 per cent rise in profit for the division. DB also forecasts stellar reserves growth given recent finds in Tanzania [...]
EVEN THE GLAMOROUS NEED A GOOD AUDIT TRAIL February 6, 2011 WHAT, one might ask, do the Oscars have in common with the government’s ill-fated Project Merlin – other than a lot of sound and fury? “Big four” accountants might know, because the answer to this missing link puzzle is PricewaterhouseCoopers. As the government’s regular box-tickers, the firm has been recruited to act as a tight-lipped [...]
BILL OF THE WEEK February 6, 2011 A COUPLE of fine wine lovers splashed out at the Hawksmoor steakhouse after a well-judged tour of the wine cellars. Laying eyes on a bottle of 1982 Petrus at the bargain basement price of £6,500 (usually to be found for over £10,000), they simply had to pop the cork. And as they sat back to [...]
Liverpool ruin Torres’ Blues bow February 6, 2011 CHELSEA (0) vs LIVERPOOL (1) CHELSEA manager Carlo Ancelotti defended Fernando Torres and insisted the Spaniard needs time to settle into his new surroundings after his miserable debut ended in defeat against his former club. The Spaniard, who signed for a British record £50m a week ago, was substituted after 65 minutes and could only watch [...]
Kubica’s F1 career in doubt after accident February 6, 2011 ● Renault driver breaks his hand, arm and leg in rallying crash in Italy ● Surgeons considered amputating right hand RENAULT driver Robert Kubica’s Formula One career remains in the balance after he underwent surgery on the serious fractures to his right hand, arm and leg last night. The 26-year-old Pole suffered the horrific injuries [...]
Barton sticks knife into ‘stupid’ Diaby February 6, 2011 NEWCASTLE midfielder Joey Barton has taunted Arsenal by branding Abou Diaby “stupid” for earning a red card in Saturday’s historic 4-4 draw. The Gunners spectacularly capitulated, becoming the first team in the Premier League ever to squander a four-goal lead, after Diaby was sent off for lashing out at Barton following a challenge. Title-chasing Arsenal’s [...]
Zigic gives Grant a miserable birthday February 6, 2011 WEST HAM (0) vs BIRMINGHAM (1) WEST HAM boss Avram Grant admits that defeat to relegation rivals Birmingham ruined his birthday. Grant, who turned 56 yesterday, watched his side lose 1-0 at Upton Park as a 65th minute goal from Nikola Zigic gave Birmingham a vital three points. “How can I celebrate?” Grant said after [...]
Wood can be our new Hill, says Tindall February 6, 2011 ENGLAND captain Mike Tindall has hailed Tom Wood as the heir to World Cup-winner Richard Hill after the flanker enjoyed a dominant debut in Friday’s 26-19 victory over Wales. Wood, 24, was not included in the initial 33-man squad for the RBS 6 Nations but was thrust straight into the starting XV for a full-blooded [...]
Robinson wants ruthless Scots February 6, 2011 SCOTLAND head coach Andy Robinson has demanded his team be more ruthless against Wales next weekend after losing their RBS 6 Nations opener 34-21 in France. “I was delighted with the attitude shown and the way we went out to play, but we’re here to win Tests and we’ve got to have a ruthless edge [...]
