WALL STREET WEEK AHEAD July 3, 2011 A PULLBACK could be on the table this week for US stocks after their best weekly performance in two years, especially if a raft of data headlined by the June jobs report doesn’t bolster the argument of a strengthening economy. Stocks rose for five straight days as the fog of the Greek debt crisis appeared [...]
Adventures tailor-made for City boy weekends July 3, 2011 IT’S the perennial Monday morning question: “What did you do over the weekend?” And in most offices: “Erm, not much,” just doesn’t cut it week after week. Especially in the City, where even the most passive of activities can be made competitive. Three men – Alastair Poulain, a former venture capitalist, Nick Newbury who worked [...]
HOW TO LAUNCH YOUR BUSINESS ACROSS EUROPE July 3, 2011 WE LIVE in an age where every business that operates in the digital space has the potential to make an instant global impact. Just look at Tweetdeck – a London startup that was snapped up by Twitter last month for $40m, just three years after launching. Many other digital businesses in the UK are looking [...]
ENTREPRENEURS NEWS | IN BRIEF July 3, 2011 MIND CANDY AND LOVEFILM WIN AWARDS The British Private Equity and Venture Capital Association (BVCA) awarded Mind Candy and LoveFilm business management awards at a black tie ceremony held in London last week. Mind Candy, the business behind children’s social networking sensation Moshi Monsters, picked up the Venture Capital Backed-Management Team of the Year award, [...]
Pro traders have a gloomy outlook for global economy July 3, 2011 LIVING, as we do, in uncertain economic times, it is helpful to take a peek at what the experts are doing. Simon Brown is the person to turn to. He is managing director of ProSpreads, a Gibraltar based spread betting provider catering only to professional traders. Because of its niche clientele, Brown is able to [...]
THE WEEK AHEAD in association with GFT July 3, 2011 COMPANIES ● Tomorrow, St Modwen Properties will release its interim results. It is not a good time to be in the housing business, but the management recently announced it expects “results for the half year and net asset value increases to be at the top end of management expectations, and ahead of consensus forecasts”. ● [...]
THE TIPSTER July 3, 2011 A REPORT from the US Department of Agriculture at the end of last week, flagging a marked increase in the amount of corn being sown by farmers, sent prices tumbling. A good harvest will certainly take the pressure off food supplies and in turn the prices being charged globally, but some will simply see this [...]
Banks take FTSE 100 to its fifth straight day of gains… June 30, 2011 BRITAIN’S top shares rose sharply yesterday after the Greek parliament passed a second austerity bill to secure emergency funds, with riskier assets such as oil stocks, banks and miners leading the charge higher. The FTSE 100 index closed up 89.76 points, or 1.5 per cent, at 5,945.71, its fifth consecutive day of gains, managing to [...]
…as Wall St keeps up its winning run June 30, 2011 US stocks ended a volatile quarter yesterday with their biggest four-day rally since September as positive economic data and a temporary resolution of Greece’s debt crisis indicated further gains in July. Midwest business activity showed surprising strength this month, lifted by a jump in new orders, the Institute for Supply Management-Chicago said. That helped calm [...]
Banks lead the way in Greece relief rally as FTSE gains 1.5pc June 29, 2011 Britain’s top share index gained sharply yesterday as Greek lawmakers backed an austerity plan to pave the way for bailout aid, with financials and commodity stocks leading the gainers. The FTSE 100 index closed up 89.07 points, or 1.5 per cent, at 5,855.95, building on Tuesday’s 0.8 per cent gain, having hit a fresh three-month [...]
