Blue chips likely to dip over Greek debt May 22, 2011 A cautious mood is set to prevail in the markets this morning, with anxiety over the on-going Greece debt crisis and crucial upcoming economic data likely to dominate traders’ mindsets. In out-of-hours trading, GFT is forecasting the UK index to open down 16 points from last week’s close, at around 5,932. The German DAX is [...]
WALL STREET WEEK AHEAD May 22, 2011 Signs of a Wall Street sell-off are all over the place, but US stocks might well survive another week relatively unscathed if investors keep betting on sectors less vulnerable to an economic downturn. Pressure for a correction in the stock market has been building up in the past few weeks as the euro and oil [...]
Traders analyse #Twitter to predict market movements May 22, 2011 LAST week, Derwent Capital Markets launched the world’s first social-media-based hedge fund. The $40m fund will use Twitter to guide its investments, monitoring a selection of tweets to gauge market sentiment before making trades. Spread betters hearing this news will be pricking up their ears and thinking about how this could be applied to their [...]
THE WEEK AHEAD in association with GFT May 22, 2011 COMPANY NEWS ● British Land announces its results today. Recent good news includes the fact it has pre-let around a third of its Cheesegrater skyscraper to Aon. ● On Tuesday, Marks & Spencer will deliver its results. In 1941, the Westminster based retailer raised £5,000 to pay for a Spitfire fighter called “The Marksman”. Shareholders [...]
THE TIPSTER May 22, 2011 NO FRILLS airline Ryanair has seen its share price on the up since March, and with oil prices falling, the stock is finding further support. It is due to report figures today and the expectations are that passenger numbers have increased. Capital Spreads quotes 3.54p-3.58p. Optimism has increased about tomorrow’s first quarter Marks and Spencer [...]
The man who knows how to make a splash May 22, 2011 MONEY and recognition motivates me,” Tim Weller, the founder of Incisive Media tells me. “Oh and passing on what I’ve learnt to other entrepreneurs. I just think if I’d know what I know now, I would have got here much faster. That’s why I’m speaking at the City A.M. and Entrepreneurs World Conference.” THE RISE [...]
Five ways to make sure the cash flows May 22, 2011 NO SMALL business owner wants to hear yet more about how tight lending conditions are at the moment. The pressure this can put on a business’s cash flow is often unbearable and is one of the most common reasons many businesses buckle. But before blaming the banks, there is scope for entrepreneurs to work with [...]
RAINMAKING WON’T STOP PLAY AT CITY’S CHELSEA POWER SHOW May 22, 2011 TONIGHT the worlds of high finance and horticulture will collide at the most popular fixture in the City year: the Chelsea Flower Show charity gala. BSkyB chief executive Jeremy Darroch was spotted eyeing up garden sheds at last year’s Chelsea preview, while Topshop boss Sir Philip Green – known in the City as “PG” – [...]
BILL OF THE WEEK May 22, 2011 FOUR Mayfair hedge funders started as they meant to go on when they met for lunch at the Simon Parker-Bowles-owned Green’s Restaurant and Oyster Bar in St James’s. Crab salad and two-dozen oysters were accompanied by a vintage bottle of Krug champagne, followed by two bottles of Grand Cru Chablis to complement their Dover Sole [...]
Lavishness amid the lonely splendour of the Welsh coast May 22, 2011 SOUTH Wales is home to a duality like nowhere else in the British Isles. It’s a land of timeless verdancy, endless summers and persistent rain. It’s a land torn apart by poverty, and before that the machinery of heavy industry. It is also my favourite place on earth. On the train eastwards from Swansea, this [...]
