Don’t bet on strong bank earnings July 18, 2010 REACTIONS were mixed as the first of the season’s US bank earnings rolled in last week. Some analysts – like GFT’s David Morrison – were blaming poor revenue growth reported by Citigroup and Bank of America-Merrill Lynch (BoA-ML) on Friday for the subsequent dip in the S&P 500 as it plunged 2.09 per cent in [...]
THE TIPSTER July 18, 2010 OIL giant BP has been trading at levels that have been described as an excellent buy opportunity. And with the well-head in the Gulf of Mexico capped, the share price is spurting higher although the company could still be seen as a bid target. Interim results on 27 July will be closely followed as traders [...]
SPREAD BET GURU July 18, 2010 MARKET STRATEGIST josh@cityindex.com Q. Dear Josh, what are the main weightings behind the FTSE 100 index? A. The FTSE 100 is a weighted index of the leading 100 companies, as measured by market value, that are listed on the London Stock Exchange. As you might expect, the companies with the highest market capitalisation have the [...]
The Cornwall haven that’s just for grown-ups July 18, 2010 THE Scarlet. Where to begin? The 37-bedroom eco-hotel in Mawgan Porth, northern Cornwall, is a nexus of cutting-edge green technology and style; of character and sleekness. It’s cosy yet minimalist; an architectural statement yet completely at one with its environment. Of all the above, the latter is the most impressive. The boundary between inside and [...]
TRAVEL NOTES July 18, 2010 The ultimate wellness holiday service to launch Desperate to recharge your batteries but tired of the usual yoga holidays? Enter Electric Bloom, a new, much buzzed-about wellness travel company launching in August. Traditional wellness activities – such as yoga, trekking and Pilates – are combined with fabulous locations and “uplifting” experiences such as opera outings, supper [...]
OTHER CORNWALL GEMS July 18, 2010 THE NARE This hidden gem of a hotel, in a quintessentially English country house, boasts spectacular views over Carne Beach, near Truro. It’s an independent, family-owned slice of boutique luxury with cosy-chic rooms, a gorgeous outdoor pool, a beautiful spa and its own croquet pitch. The hotel also has its own yacht that guests can [...]
Imperious Oosthuizen crowned king of the Open July 18, 2010 ST ANDREWS is notorious for its gusty conditions but it was unheralded South African Louis Oosthuizen who truly blew away all comers as he clinched the Open Championship in emphatic fashion. Oosthuizen, who arrived at the Home of Golf with just one European Tour title under his belt, romped to his first Major victory by [...]
He outclassed all of them July 18, 2010 HIS first two rounds at the Open were magnificent, but his second two were probably even better. For four days Louis Oosthuizen outclassed the field here and he thoroughly deserved his first Major title. Some players suffer under the pressure of being out in front, especially those with less experience, but the South African seemed [...]
Westwood bridesmaid again July 18, 2010 ENGLAND’S Lee Westwood admits he is baffled by his inability to make the leap from perennial nearly-man to Major champion. Westwood had to make do with second place at the Open yesterday, just as he did at the Masters – making it four top-three finishes in his last five Majors. “I know what I’ve got [...]
Henry: I’d understand if Fabregas quit July 18, 2010 ARSENAL legend Thierry Henry admits he sympathises with Cesc Fabregas over his desire to quit the Gunners and move back to Barcelona. New York Red Bulls star Henry knows all about the Spaniard’s predicament, having swapped the Emirates Stadium for Camp Nou in 2007. And although the Frenchman would love Fabregas to stay at the [...]
