THE TIPSTER December 18, 2011 THOSE thinking of buying gold jewellery for a loved one this Christmas could consider buying gold contracts instead, given the dramatic collapse in recent days. Gold fell as much as $190 since the 1 December level of $1,750, and currently trades $320 lower than the heights hit in September. Use $1,570-$1,600 as a buying opportunity [...]
GUNNED DOWN December 18, 2011 MANCHESTER CITY (1) vs ARSENAL (0) Wenger concedes Arsenal are out of the title race before Christmas as Silva lands the knockout blow which sends Manchester City back to the summit ARSENAL manager Arsene Wenger ruled his side out of the Premier League title race after David Silva’s second half goal returned Manchester City to [...]
MATCH ANALYSIS December 18, 2011 KEY MOMENT Johan Djourou might not be the sturdiest member of Arsenal’s defensive unit, but the injury that ended his game in the 47th minute forced a reshuffle that saw the previously excellent Laurent Koscielny asked to fill in at right-back. And the Frenchman was almost immediately caught out of position in the build-up to [...]
Westwood and Poulter round off 2011 in style December 18, 2011 A MAGNIFICENT year for British golf was rounded off in fittingly triumphant style yesterday as Lee Westwood and Ian Poulter claimed season-ending victories. Westwood stormed to his fourth title of the year by securing an emphatic seven-shot win over Charl Schwartzel at the Thailand Golf Championship – a success that saw him move up to [...]
Perfectionist Jonny has been model pro December 15, 2011 TOMORROW we are privileged to face Scottish opposition in the final round of the British and Irish Cup pool matches. Melrose are the visitors to the Richmond Athletic Ground (kick-off 3pm), and after a victory over Ayr during our pre-season campaign, it is great to be able to test ourselves against another top Scottish club. [...]
RIM co-CEOs pay cut to just $1 December 15, 2011 BlackBerry maker Research in Motion will pay its two co-chief executives $1 each next year after it posted a 27 per cent drop in quarterly profit and gave a dismal outlook for the Christmas period. Jim Balsillie and Mike Lazaridis will cut their salaries as they work to fix the firm’s problems. Revenues fell six [...]
We’re nearly at £300,000! December 15, 2011 We have been overwhelmed by the huge support from our readers for City A.M.’s first-ever Christmas charity appeal. After just four weeks of fundraising we are delighted to be within reach of raising £300,000 for our chosen charity, Opportunity International, which offers small loans and banking services to entrepreneurs in southern Malawi. We’re now asking [...]
Factories and shops caught up in gloom December 15, 2011 FRENZIED discounting across high street stores failed to stave off a drop in retail sales last month as wary consumers continued to rein in their spending in the crucial Christmas trading period. And in more bearish news for the economy, a survey from the CBI showed that orders at manufacturers have slumped to their lowest [...]
MANAGERS PULL THE PLUG ON THE OPENING OF NEW £25M SOHO CLUB December 15, 2011 IT SEEMS The Capitalist spoke too soon about the resurgence in Piccadilly’s entertainment scene. Just hours before the champagne was due to be uncorked at the new £25m club Dstrkt on Rupert Street, as reported yesterday (15 December), the long-awaited launch was abruptly cancelled. No official word on why last night’s opening didn’t go ahead [...]
BEST OF THE BROKERS December 15, 2011 CAIRN ENERGY Investec rates the energy explorer “hold” with a target price of 291p. Despite the “early Christmas present” of a 154p per share dividend in the wake of Cairn’s deal with Vedanta, the broker remains cautious about the firm’s prospects, pointing to a lack of success in Greenland and weak growth in India. Investec [...]