Cheats ‘not widespread’ say experts September 30, 2009 A TASK force created to tackle the scandals that have tarnished the game this year says there is no evidence to suggest cheating is widespread. The Rugby Football Union’s expert panel also found no proof the England team had fabricated blood injuries, as Harlequins infamously did in last season’s Heineken Cup. The Image of the [...]
Rio hits back at criticism from Madrid September 30, 2009 RIO DE JANEIRO’S 2016 Olympic bid team have lodged a formal complaint against rivals Madrid after a Spanish official criticised the city’s credentials. The Madrid team were forced into a humble apology this week after Olympic vice-president Jose Maria Odriozola described the Brazilian city as “the worst of the four candidates”. Odriozola questioned the city’s [...]
Keane gets vote of confidence September 30, 2009 FOOTBALL: Under-fire Ipswich manager Roy Keane has “complete support” from the club’s board despite the team’s poor start to the season. Keane’s men are bottom of the Championship after failing to register a win in their opening 10 matches. But asked if Keane’s job was secure, chief executive Simon Clegg responded: “Absolutely secure. Roy continues [...]
McIlroy admits to US interest September 30, 2009 GOLF: Northern Ireland’s Rory McIlroy is considering playing most of his golf on the US PGA Tour next season. The 20-year-old, currently third on the European money list, said: “The way the schedule is, it makes it a little bit easier for me to play in America next year. “I’m in no great rush but [...]
Jankovic stands firm September 30, 2009 TENNIS: Seventh seed Jelena Jankovic continued to take advantage of shock early exits suffered by other top-ranked players after cruising into the quarter-finals of the $2m Pan Pacific Open in Tokyo. The Serb was leading 6-1, 3-0 when opponent Elena Vesnina withdrew with a thigh muscle strain. She now takes on 14th seed Marion Bartoli [...]
Four get England call-ups September 30, 2009 RUGBY LEAGUE: Four players from Huddersfield and Hull KR have been added to the England train-on squad for the end-of-season internationals. Giants hooker Scott Moore and prop Eorl Crabtree, as well as Hull KR full-back Shaun Briscoe and winger Peter Fox, have been called up by coach Tony Smith after their clubs were eliminated from [...]
FTSE100 ends its best ever quarter with profit taking September 30, 2009 THE top share index closed lower yesterday with energy stocks, banks and miners among the biggest laggards on the last session of a record quarter. The FTSE 100 closed down 25.82 points, or 0.5 per cent, at 5,133.90 as investors locked in profits after the index put in its best quarterly performance since it was [...]
Gloomy data drags Wall Street down September 30, 2009 US stocks fell yesterday after a key index of business activity in the American Midwest region showed a surprising contraction, but buying of technology bellwethers like Cisco Systems at the end of a strong quarter limited losses. The top drags on the session were some of the quarter’s best performers including industrials, materials and banks. [...]
Clever traders use call warrants to profit from those M&A rumours September 30, 2009 WITH the exception of shot gun weddings in the banking sector, mergers and acquisitions (M&A) activity practically died a death during the financial crisis. But recently there has been a slew of rumoured buyout offers such as Kraft’s bid for UK confectionary giant Cadbury. Indeed, Credit Suisse analyst Richard Kersley believes that the Kraft bid [...]
USE COVERED WARRANTS AS A HEDGE September 30, 2009 WITH investors continuing to fear that the rally in stock markets could be over-extended and that a dip could be on the cards, covered warrant can be used as an efficient hedge tool of existing shares positions. Depending on what underlying they have and what precisely they fear might happen in the coming weeks and [...]
