WHAT THE OTHER PAPERS SAY THIS MORNING March 12, 2012 FINANCIAL TIMES EARNINGS FORECASTS TAKE A BULLISH TURN Analysts last week upgraded more companies’ earnings forecasts globally than they downgraded for the first time since May last year. After 41 weeks of consecutive downgrades, net earnings per share revisions for next year turned positive powered by a surge in upgrades of Japanese companies and industrial [...]
APPLE RUNS OUT OF IPADS ORDERED ONLINE March 11, 2012 Demand for the new iPad shot through the roof after the tablet was revealed by Apple boss Tim Cook last Wednesday, causing Apple to run out of stock. While the iPad will be available to customers willing to queue for it from this Friday, those who pre-order the tablet online are being told to expect [...]
Murdoch probe intensifies March 8, 2012 OFCOM has stepped up its probe into the propriety of James Murdoch’s position as BSkyB chairman by creating a dedicated team to monitor evidence emerging from police investigations, parliamentary committees and the Leveson inquiry. The question of whether James Murdoch and News Corp are “fit and proper” persons to own a broadcast licence was discussed [...]
Greece helps US regain week’s loss March 8, 2012 US stocks rose yesterday, recovering most of the week’s losses, after Greece moved closer to a bond swap with private creditors to avoid a messy default. Earlier in the week, the S&P 500 posted its first big loss for the year on fears of a disorderly default in Greece. Now it is down just 0.3 [...]
FTSE buoyed by miners and banks March 8, 2012 The FTSE 100 pushed higher this morning as investors gained confidence in Greece’s chances of completing a lifesaving bond swap later today. Major banks and pension funds, representing about 40 per cent of Greece’s outstanding debt, threw their weight behind Athens’ bond swap offer to private creditors yesterday. That should be eno€130bn fund for Greece [...]
Apple: New iPad will crush PCs March 7, 2012 APPLE launched its latest bid to extend its dominance of the tablet computer market last night as it revealed a next-generation iPad – and delivered a rallying cry that the days of personal computers are over. “We think the iPad is the poster child of the post–PC world,” chief executive Tim Cook told the tech [...]
Sleeker speakers March 7, 2012 ALTEC LANSING IMT320 INMOTION SPEAKER SYSTEM £37.50, www.amazon.co.uk Among other virtues, Altec Lansing’s super-reliable, universally compatible addition to the inMotion range comes with a cover that doubles as a stand. Two full-range neodymium drivers give pure, distinct full-spectrum sound and good bass, and the trademarked Audio Alignment system offers good balance. Lasts up to 24 [...]
Industrial policies are doomed to fail March 6, 2012 SLOWLY but surely, the British establishment is forgetting the lessons of the past 35 years. We have seen the return of high taxes, a softer approach to inflation, talk of wealth taxes (eerily similar to those supported by the Labour party in 1979), the rationalisation of envy and now even a comeback for economic nationalism. [...]
ANALYST VIEWS: CAN PACE DELIVER ON ITS TURNAROUND STRATEGY? March 6, 2012 JONATHAN IMLAH | COLLINS STEWART While the short term outlook is better than expected, the medium to long term negatives will continue to outweigh the positives. The price reflects scepticism at Pace’s ability to execute its turnaround plan and fundamental questions about the long term relevance of the set-top box – and both assumptions are [...]
Apple can even generate buzz with no product March 6, 2012 APPLE’S new iPad has had an impact even before it is unveiled. The product’s overall Buzz score on YouGov’s BrandIndex has increased by two points since the announcement of its release less than a week ago. Looking at longer term trends over the last year, we have seen the uninterrupted rise in its recommend scores [...]