Think inclusively and watch people help you July 12, 2010 This past week saw the departure of my good friend, Richard Titus, who had been chief executive of Associated Northcliffe Digital (AND) within the Daily Mail and General Trust (DMGT) empire. I introduced Richard to DMGT chairman Lord Rothermere at a lunch in September 2008. And sometime later Titus was selected to energise the Associated [...]
Q&A: EU INVESTOR PROTECTIONS July 12, 2010 Q.WHAT DO THE EU PROPOSALS TO BOLSTER PROTECTIONS COVER? A.They will protect bank account holders and retail investors such as introducing faster and better protection of investors who face a run on their banks or have been the victims of fraud. A public consultation on improving the safeguards for insurance policy holders has also been [...]
Service providers get squeezed by the cuts July 12, 2010 THE words austerity and budget are now commonplace in our national lexicon. For those with a glass-half-full mentality the shrinking of the state offers an opportunity for private outsourcing firms. However, some analysts have now thrown that into doubt. Execution Noble, the investment banking group, has produced research suggesting that service providers in the private [...]
CORPORATE EARNINGS TO SET THE TONE July 12, 2010 LAST week saw extraordinary gains on equity markets just when it looked like we were heading for another meltdown. In the preceding week, numerous technical support levels were breached as a number of major indices slumped below significant retracement levels. There was talk of “death crosses” appearing on various charts as 50-day moving averages slipped [...]
Depressed mining stocks are finally starting to look attractively valued July 12, 2010 IT WAS a tough second quarter for London-listed miners, which were dealt a severe blow by a toxic combination of general risk aversion, a planned tax on miners’ profits in Australia and a government-orchestrated slowdown in China. After reaching 25,356.51 on 6 April – its best level since July 2008 – the FTSE 350 mining [...]
THE TIPSTER July 12, 2010 INVESTMENT management company Ashmore Group releases its trading update tomorrow. It was recently recommended as a “buy” by KBC Peel Hunt as it should benefit from continued allocation of investment funds to emerging markets and European corporate credit markets. Ashmore’s shares have risen 10 per cent since then, but are still 2 per cent down [...]
BP gains while UK economic headwinds subdue the FTSE July 12, 2010 A JUMP in the share price of BP on hopes that the Gulf of Mexico oil leak will soon be capped outweighed a weakness in miners to push the FTSE 100 share index higher for a fifth session yesterday. The index closed up 34.08 points, or 0.7 per cent, at 5,167.02 having last week gained [...]
Traders hold their breath for results July 12, 2010 CAUTION prevailed in the US stock market yesterday, with indexes edging higher as investors kept bets to a minimum in front of earnings. Volume was among the lightest of the year with investors wanting to see if corporate outlooks validate last week’s surge, the strongest week in a year. Dow component Alcoa reported its second-quarter [...]
How to be a water baby July 12, 2010 YOU never regret a swim,” the saying goes, and anyone who swims regularly will concur. It’s the ultimate summer workout – you can huff and puff outdoors without breaking a sweat. But if you want to work out in the water, you’re going to have to resist the temptation to just splash and paddle. You [...]
FIVE OF THE BEST OUTDOOR POOLS July 12, 2010 HAMPSTEAD HEATH SWIMMING PONDS, NW5 1QR Unlike anything else in London, the Hampstead Heath ponds are three distinct oases of nature and calm just a few kilometres from the centre of the world’s largest cities. Swim amid the lilies, willows and assorted plant life in one of three ponds that date back to 1860: one [...]
