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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Bopara vows to fire England out of their one-day doldrums September 10, 2009 UNDER-FIRE Ravi Bopara insists he can recover from his recent slump in form to fire an England comeback in the one-day series with Australia. The Essex batsman is yet to score a half-century for England in his 11 one-day internationals, but is determined to put things right ahead of tomorrow’s fourth one-dayer at Lord’s with [...]
Robson and Watson lead British cheer September 10, 2009 BRITISH tennis had reason to cheer at Flushing Meadows last night when Laura Robson and Heather Watson both advanced to the quarter-finals of the US Open junior girls’ singles title. Fifteen-year-old Robson, the 2008 Wimbledon girls’ champion, defeated 12th seed Tamaryn Hendler of Belgium 6-2, 6-1 to book a last eight clash with American wild [...]
Privileged to make history at Wembley September 10, 2009 THERE’S not many sides that can boast trips to Twickenham and then Wembley for their first two Premiership games of the season, but we are certainly revelling being in that privileged position right now. Saturday’s 18-14 victory over many people’s favourites, London Irish, in front of a near full-house at Twickenham was the perfect start [...]
Fergie and Wenger join forces in poach row September 10, 2009 MANCHESTER UNITED boss Sir Alex Ferguson has joined forces with old foe Arsene Wenger in speaking out against the “poaching” scandal, which has plagued the reputation of English football. International governing bodies, Uefa and FIFA, want to outlaw the overseas transfers of players under the age of 18, following claims from abroad that Premier League [...]
Capello lays down law to England WAGs September 10, 2009 NO-NONSENSE England coach Fabio Capello has laid down the law for ‘WAGs’ at next summer’s World Cup to ensure no repeat of the “circus” under Sven-Goran Eriksson. The presence of wives and girlfriends were seen by some of part of the reason for England’s underachievement at the 2006 World Cup in Germany, and then the [...]
