THE TIPSTER February 20, 2011 RECENTLY downgraded to “hold”, investors have not been deterred from Dragon Oil which will be publishing interim results tomorrow. As the crisis in the Middle East unfolds, and stop-gap governments evolve, oil prices, which have seen a correction since last week, should carry on rising and the sector continue to perform. Cantor Index offers a [...]
London flat as weak miners are offset by strong financials February 17, 2011 BRITAIN’S FTSE 100 share index closed slightly higher yesterday, as strong gains from banks offset weaker miners and optimism on corporate earnings outweighed Middle East political concerns. Banks advanced by upbeat broker comment and hopes for further good earnings reports from the sector, and overall sentiment on equities remained fairly positive. The FTSE 100 closed [...]
Wall St rises despite Middle East unrest February 17, 2011 US investors piled on a dizzying two-year advance in stocks yesterday, using a brief slip on negative economic news as an opportunity to buy into market leaders. The technology sector showed strength, with Nvidia up 9.8 per cent to $25.68 a day after posting a bullish revenue forecast on accelerating sales of its processors. An [...]
Investors in SANE states: keep calm and carry on February 17, 2011 AT the start of the year, investment opportunities seemed aplenty for those seeking exposure to Africa. The London Stock Exchange announced that the HSBC MSCI South Africa ETF, launched yesterday, brought the total number of London-listed exchange-traded funds (ETFs) based on emerging market indices to 75. South Africa, Algeria, Nigeria and Egypt find themselves following [...]
How to make Britain’s future February 17, 2011 PEOPLE should stop trying to make money out of money and make money out of inventing things,” James Dyson tells me, “it’s the best way to revive our economy.” Clearly a man of his word, he had literally just placed the last ceremonial brick on his latest philanthropic venture: the Royal College of Art’s (RCA) [...]
A real team needs a determined leader February 17, 2011 JUST as businesses have changed in the last 25 years, so have people’s attitudes to employment. It is not unusual to hear older business managers moan about the lack of loyalty staff show their employers these days. But many employers fail to realise that the changes in British business and these attitudes are actually a [...]
NEW DIGITAL FUNDING SCHEME February 17, 2011 Digital entrepreneurs are invited to join a £200,000 scheme aimed at helping to bring new UK innovations to market. IC Tomorrow, a technology strategy board programme, will invest in up to 20 consumer trials across creative market sectors including music, television, film, and publishing. The scheme will be high profile and provide the entrepreneurs with [...]
SMES WASTE MILLIONS ON FX February 17, 2011 Small and medium-sized (SME) businesses could be wasting millions of pounds every year when making international payments, according to Travelex Global Business Payments, the cross-border payments specialist. It estimates that smaller businesses that trade internationally are wasting up to £280m per year on transaction fees by using their bank instead of a payment specialist, or £2,280 [...]
Hopes of revival for financial sector drives the FTSE higher February 16, 2011 BRITAIN’S leading share index rallied yesterday, powered by banks, on hopes for further upbeat earnings in the sector after Barclays and French peer Societe Generale set the standard. HSBC gained 2.8 per cent, Royal Bank of Scotland rose 4.3 per cent and Barclays, which reported results on Tuesday, was up 1.0 per cent. Societe Generale [...]
S&P 500 bounces after Dell results February 16, 2011 THE S&P 500 rose yesterday to twice its value from just two years ago, in a bounce that showed vigour not seen since the Great Depression. Stocks were boosted by Dell’s earnings and deal announcements that fuelled hopes for gains, but light volume made the move more tenuous. The market overcame concerns about tensions between [...]
