State Street profit upgrade lifts stocks July 7, 2010 US stocks logged their best one-day gain in about six weeks yesterday after a bullish forecast from financial company State Street fuelled optimism about the coming earnings season and helped the S&P 500 break above a major resistance level. State Street shares closed 9.9 percent higher at $36.63 after the asset manager and custody firm [...]
Understanding exposure to counterparty risk is crucial July 7, 2010 RISK is an acceptable, even a welcomed part of trading. Every trade comes with some risk attached; it’s just a case of knowing what the potential problems are and being comfortable with them. But as the financial crisis showed, pinpointing where the risk lies is not always so straightforward – even big institutions didn’t always [...]
Income is looking exceedingly good July 7, 2010 IN AN otherwise gloomy week for economic news – firstly Europe is in crisis, next the US and China are having trouble sustaining their growth rates – a ray of sunshine has emerged for equity investors. Dividends are set to be big for the next 12 months, even without BP, which has been forced to [...]
THE TIPSTER July 7, 2010 GOLD has sold off sharply although rather than the usual risk appetite explanation, fingers are pointing towards central banks offloading the asset to the Bank of International Settlements. However, with the risk a double-dip still looming, there’s no shortage of reasons why the foray below $1,200/ per oz will be short lived. The current IG [...]
LISTED PRODUCT NEWS July 7, 2010 ETF SECS ROLLS OUT ETCS TO GERMANY ETF Securities has extended its euro-based exchange-traded currencies (ETCs) offering to the German stock exchange this week, giving further flexibility to European investors – they were first listed on the LSE in November 2009. They now include eight euro-based ETCs with long or short exposure to the US [...]
Don’t let technology take over your life July 7, 2010 RECENTLY I went to a presentation of some research into the uses of technology at work, at the London office of Google. They had commissioned a think-tank to look into the ways that technology will help us “collaborate” and become more “creative” in the years ahead. But there was a strange situation when those of [...]
Drama in the Deep South July 7, 2010 FORD COUNTY BY JOHN GRISHAM ARROW PAPERBACK, £7.99 BY ZOE STRIMPEL John Grisham, trusty friend of travelling businessmen for 20 years, is the definition of “best-selling author”. But what distinguishes him from the slews of so-called best-selling thriller writers, many of them attempting to be just like him, is the watertight quality of his writing [...]
LIFE COACH July 7, 2010 LIVING in the city and working full time might not seem very compatible with dog owning, but it can be done. London’s myriad park spaces make this a better city for dog owning than most. However, if you think giving your dog a quick run around before you leave for work and then leaving it [...]
OUT OF OFFICE July 7, 2010 BIKERADAR LIVE 2010 Cycling enthusiasts should check out BikeRadar Live at the Brands Hatch circuit in Kent this weekend. Now in its second year and just in time for Tour de France fever, the event gives you the chance to test-ride the latest road and mountain bikes, including the Colnago C59 Italia bike (left), which [...]
Let your phone keep you fit and healthy July 7, 2010 EDITOR, MOBILEB2B.CO.UK Mobiles are smart and know all our intimate details. So it was only a matter of time before they’d reach doctor status. Here’s how they control our hearts and minds – and everything else. DR INABOX Ericsson has launched a new Dr In a Box service that obviates the need for you to [...]
