BEST OF THE BROKERS July 24, 2011 BRITISH AMERICAN TOBACCO Ahead of first-half results on 27 July, Citi rates the tobacco group as a “hold”, and lifts its target price from 2800p to 2890p. The broker also lifts its forecasts three per cent above consensus having upped its estimates for Asia to take into account a boost in the Japanese market, following [...]
Heat is on for a US debt deal July 24, 2011 DESPITE the lifeline thrown to Greece by Eurozone leaders last week, there seems to be a widespread view that this was merely a band-aid fix, even a hastily cobbled together deal, which still does not draw a definitive line under the European public finances crisis. Furthermore, any relief rally which it may have spurred on [...]
WALL STREET WEEK AHEAD July 24, 2011 NEW York City may be frying in near record temperatures but Wall Street has been feeling the heat for months. Wrangling over the US debt ceiling and questions marks over corporate earnings mean markets are unlikely to get a break any time soon. Wall Street is set to close its worst three months in a [...]
For healthy profits, take the pulse of markets with technical analysis July 24, 2011 I MAKE close to 100 per cent of my trading and investing decisions using technical analysis, which is the study of price action itself – through charts or quantitative techniques – in preference to the study of underlying economic and financial factors, which ultimately drive prices in the longer-term. VITAL SIGNS A technical analyst is [...]
THE TIPSTER July 24, 2011 DOMINO’S Pizza has been one of the success stories of the last couple of years as more and more people have opted to stay in rather than go out for dinner due to restricted finances and economic uncertainty. CMC Markets spread on Domino’s Pizza is 463.74p-464.97p Sainsbury’s dipped to a very significant long term support [...]
THE WEEK AHEAD in association with GFT July 24, 2011 COMPANY NEWS ● Domino’s Pizza releases its interim results today. The popular take-away pizza chain will be hoping that its results will be sizzling hot rather than a soggy disappointment. ● ARM Holdings is set to release its second quarter results tomorrow. After a successful year when its chips have been used to supply the [...]
Who to call when you’re stuck in a battle zone July 24, 2011 IF TIMING is everything in business, then rarely can anyone have got their timing quite so spot on as Ted Jones. The former army officer founded his company, Northcott Global Solutions (NGS), a mere 16 months ago, with the aim of revolutionising the rather exciting world of emergency evacuation – getting people out of global [...]
LATE PAYMENTS ARE STRANGLING SMALL BUSINESS July 24, 2011 THE government has just launched its “Business Buddy” scheme. This will have MPs spending time working in small or medium-sized businesses, seeing first-hand the challenges faced by entrepreneurs. These businesses represent the engine room of economic growth: in total 4.8m of these businesses provide 60 per cent of UK jobs and over half the country’s [...]
ENTREPRENEURS NEWS | IN BRIEF July 24, 2011 MAJORITY THINK GETTING FUNDING IS EASY A sizable 39 per cent of Britain’s entrepreneurs expect conditions for accessing external sources of capital to be “normal” or “easy” in the next 12 months. This compares to 25 per cent who said this six months ago, according to research from May 2011 by Investec Specialist Private Bank. [...]
Prior century sets England on course for winning start July 24, 2011 WICKETKEEPER Matt Prior expects England to take a 1-0 series lead against India today after his heroic century laid the foundations for the hosts to clinch the first Test at Lord’s. Prior and Stuart Broad rescued an innings that had been ravaged by seamer Ishant Sharma with unbeaten scores of 103 and 74 respectively before [...]
