London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
ENGLAND’S EURO HEARTACHE September 10, 2009 ENGLAND’S women suffered heartbreak last night as Germany were crowned European champions for the fifth time running in Helsinki. Hope Powell’s side put up a valiant fight against the World Cup holders scoring twice through Karen Carney and Kelly Smith (looking dejected above, No10), but their German counterparts proved too strong as they ran out [...]
BARCAP TRIUMPH IN SQUARE MILE RELAY September 10, 2009 THE City’s many sporting fanatics were out in force last night at the Bloomberg Square Mile Relay, which saw around 100 teams of ten runners competing over a specially-designed mile-long course. Special mention must go to third-placed West LB, second-placed Legal & General, and Barclays Capital, who broke L&G’s two-year winning streak to take this [...]
Energy and bank stocks push FTSE 100 back below 5,000 September 10, 2009 THE FTSE 100 drifted lower yesterday, unable to stay above the 5,000 level as energy and bank stocks weighed heavily. It closed down by 16.62 points, or 0.3 per cent to 4,987.68, having closed above 5,000 for the first time since late September 2008 on Wednesday. “We’re taking a bit of a pause from what [...]
Wall Street boosted by a bright outlook September 10, 2009 US stocks gained for a fifth straight session yesterday, their longest string of gains since November, as a bright outlook from consumer product company Procter & Gamble and a successful Treasury bond auction boosted investors’ confidence. Strong demand for the sale of 30-year Treasury bonds lifted confidence in US assets, including stocks. The S&P 500 [...]
Spike in share sales triggers market fears September 10, 2009 A FLOOD of share sales in the US coupled with the busiest week for initial public offerings (IPOs) in almost two years could mean that the recent market rally is nearing the end. September is on pace to be the busiest month for secondary issuance since May, which some portfolio managers see as a sign [...]
P&G plans to cut prices in bid for growth September 10, 2009 CONSUMER goods giant Procter & Gamble said yesterday that it plans to cut prices and increase promotions, and that it expects to return to organic sales growth by the end of the year. P&G shares rose after its chief financial officer Jon Moeller said the company expects organic sales to rise one per cent to [...]
Profit up 45pc at Morrison as sales boom September 10, 2009 WM MORRISON, the smallest “big four” supermarket, reported another stellar rise in like-for-like sales yesterday, helping it to book a 45 per cent pre-tax profit rise to £449m in the first half. Morrisons, which has staged an industry-beating sales boom in the recession, said profits were in-line with expectations and that 19 stores it bought [...]
HOW WOULD YOU RATE WM MORRISON’S PERFORMANCE? September 10, 2009 NICK BUBB PALI INTERNATIONALThe results were in-line with expectations, but that shouldn’t take anything away from what was a very good performance. Dare I say it, it was better than Sainsbury’s. The stores they bought from the Co-operative Group opened earlier than expected, and that bodes well for the longer-term push into smaller stores. SAM [...]
Neuro eyes Eastern Europe September 10, 2009 NASDAQ OMX Europe (Neuro) has announced that it plans to offer trading in blue chip securities listed on the Budapest Stock Exchange, Warsaw Stock Exchange and Prague Stock Exchange, with clearing house EMCF providing central counterparty (CCP) clearing services for the new markets. This expansion into Eastern Europe is expected to take place in Q1 [...]
IEA:Opec decision is sensible September 10, 2009 Opec’s decision to hold oil output targets steady is a sensible decision in the light of the economy, which remains fragile, the International Energy Agency (IEA) said yesterday. As widely expected, at a meeting ending early yesterday, the Organisation of the Petroleum Exporting Countries (OPEC) saw no need to change production formally, although some OPEC [...]
