THE TIPSTER January 5, 2011 After hitting 28-month highs earlier this week, the Dow Jones Industrial Average fell back slightly on Tuesday to lows of 11,636.88 in intra-day trading. However, yesterday’s rally showed traders are positive about the index, which has rallied hard since trading below 10,000 as recently as 31 August. With analysts predicting a positive year ahead, traders [...]
Tips to survive the snow this winter January 5, 2011 THE country seems to have just about recovered following the pre-Christmas snow which brought trains and airports to a standstill. But with more snow certain this winter, it’s time to ask just how prepared your own business is for the next “snow down”. Staff stuck at the airport, kids at home from school, customers unable [...]
US jobs data leads FTSE to a strong close January 5, 2011 THE FTSE continued its strong start to 2011 as a late afternoon rally enabled it to stick at levels not seen since 2008. The FTSE 100 closed 29.99 points or 0.5 per cent higher to close at 6,043.86, still ahead of the important 6,000 mark and far above levels seen in the recession. Impressive US [...]
HMV warns that profit will be at lower end January 5, 2011 Music and books retailer HMV said full-year profit would be around the lower end of forecasts and meeting the terms of its lending rules would be tight after bad weather hit Christmas trade. HMV, which has been battling for years with competition from supermarkets and the internet, said on Wednesday it would exit about 60 [...]
Next Xmas sales hit by snow January 5, 2011 Next posted a slightly worse than expected fall in underlying store sales at Christmas, blaming the hit to trade on snow in December. The group said sales at shops open at least a year fell 6.1 per cent in the period from 1 August to 24 December, the bulk of its second half. Analysts had [...]
City stars brawl ahead of Arsenal trip January 4, 2011 FRESH cracks have broken out in Manchester City’s mutinous squad ahead of tonight’s crunch visit to Arsenal after team-mates Kolo Toure and Emmanuel Adebayor brawled during training. Yesterday’s skirmish appeared to be sparked by Adebayor’s reaction to a tackle from Toure and had to be broken up by concerned team-mates including Patrick Vieira and Vincent [...]
Blacks sales in festive rise January 4, 2011 BLACKS Leisure said it had been boosted by sales over the festive period with total sales in its outdoor business up 12.9 per cent in December. Blacks confirmed that it is still in talks with parties – which it has not named – about a possible takeover of the company. Like-for-like sales were up 10.2 [...]
Swedish, swift and very swish January 4, 2011 THIS is the first Saab to be launched since GM handed the brand over to Dutch supercar maker Spyker, and one that gives a flavour of what Saab might look like in the future. It’s been a long, long 13-year wait since the previous 9-5. Thankfully this one is a lot more attractive and slick [...]
FTSE hits 31-month high on first close of 2011 January 4, 2011 LONDON saw a storming start to 2011 as the FTSE moved above the 6,000 level in the year’s first trading session to close at a 31-month high. The FTSE 100 moved up 1.9 per cent or 113.93 points to close at 6,013.87, its highest level since June 2008, buoyed by rises on US and European [...]
Blacks Leisure boosted by festive sales January 4, 2011 Blacks Leisure said it had been boosted by sales over the festive period with total sales in its outdoor business up 12.9 per cent in December. Like-for-like sales were up by 10.2 per cent. Blacks confirmed that it is still in talks with parties – which it has not named – about a possible takeover [...]