Editor's Picks
Broker snap: Macro uncertainties continue in retail, says Nomura
Tuesday 24 Jan 2012
Nomura has maintained its neutral view on the 'European General Retail' sector, saying that while retail sales appear doing OK in January, the macroeconomic environment is still uncertain and sector valuations remain uncompelling.
Tuesday tips round-up: Aberdeen Asset, Hunting, Carillion
Tuesday 24 Jan 2012
The Independent’s Sharewatch column offers a summary of the investment managers, making the point many of them have pay structures similar to investment banks but, often, without offering “benchmark beating” performance.
EU and Greek private bondholders butt heads…yet again
Tuesday 24 Jan 2012
Despite banks and other private institutions represented by the Institute of International Finance (IIF) having presented yesterday what they considered to be their “maximum offer that is consistent with the voluntary debt exchange”, Eurozone finance ministers could not be coerced to sign off on the proposal for Greek debt and responded with a resounding “no”.
EU and Greek private bondholders butt heads…yet again
Tuesday 24 Jan 2012
Despite banks and other private institutions represented by the Institute of International Finance (IIF) having presented yesterday what they considered to be their “maximum offer that is consistent with the voluntary debt exchange”, Eurozone finance ministers could not be coerced to sign off on the proposal for Greek debt and responded with a resounding “no”.
FX round-up: Euro clings to $1.30
Tuesday 24 Jan 2012
The euro fell back below $1.30 on Tuesday but later recovered as fresh nerves over Greece's debt talks drained risk appetite.
LFL sales decline eases at WH Smith
Tuesday 24 Jan 2012
Newsagent WH Smith said trading in the 21 weeks to January 21st was resilient, with profit growth in line with expectations.
London pre-open: Greece talks give rise to caution amongst investors
Tuesday 24 Jan 2012
City sources predict the FTSE 100 will open down 19 points from yesterday's close of 5,783, as investors take their lead from the US, which finished slightly lower on Monday evening ahead of developments in Europe, with talks entering a crucial stage in regards to Greece.
Tuesday tips round-up: Aberdeen Asset Management, Hunting, Carillion
Tuesday 24 Jan 2012
The Independent’s Sharewatch column offers a summary of the investment managers, making the point many of them have pay structures similar to investment banks but, often, without offering “benchmark beating” performance.
Tuesday newspaper round-up: BP, Scottish energy, Coryton
Tuesday 24 Jan 2012
British and European Union officials are working to persuade the US Congress to exempt a BP project from new American sanctions aimed at stopping Iran’s nuclear programme. The $20bn project in the Caspian Sea, called Shah Deniz II, is intended to reduce European dependence on Russian gas. It is being undertaken by an international consortium headed by the British oil giant. But the Iranian
Commodities: Crude settles higher on Iran embargo
Tuesday 24 Jan 2012
Crude oil futures gained over 1% on Monday after the European Union agreed to impose an embargo on oil imports from Iran from July.
Taciturn Sage trading in line
Tuesday 24 Jan 2012
The new financial year has got off to a satisfactory start at accountancy software giant Sage, with trading since the beginning of October in line with expectations for the full year.
Old Mutual combines European divisions
Tuesday 24 Jan 2012
Old Mutual, the FTSE 100 savings and investment group, is to combine much of its European savings business due to economic and regulatory changes.
US close: Stocks flat with all eyes on Europe
Monday 23 Jan 2012
Stocks finished broadly flat on Monday as investors showed caution ahead of developments in Europe, with talks entering a crucial stage in regards to Greece.
London close: Footsie rises as markets await news from Greece
Monday 23 Jan 2012
Markets await news from Greece. Essar Energy jumps over 10%
Broker snap: Sell Carnival into any rebound, says Galvan
Monday 23 Jan 2012
As more bodies continue to be pulled from the wreck of the Costa Concordia, Galvan Research and Trading has given its view on the cruise ship’s operator Carnival, recommending to sell shares following the incident on January 13th.
Sector movers: Prudential lifts life insurers
Monday 23 Jan 2012
Life insurers were on the rise on Monday with sector giant Prudential making decent gains on the back of M&A chatter in the global industry.
US midday: DoE raises US crude oil production forecasts
Monday 23 Jan 2012
-DoE cuts estimated available production from US shale basins 42% to 482tn cubic feet.
BAE in supply talks with government of Oman
Monday 23 Jan 2012
Defence contracting giant BAE Systems has confirmed it is in discussions with the government of Oman to supply multiple Typhoon fighter aircraft.
Broker snap: UBS downgrades IMI on 'lacklustre' growth
Monday 23 Jan 2012
UBS has downgraded industrial engineer IMI from buy to neutral, saying it "can't get excited" over the group's growth prospects.
FTSE 100 movers: Essar surges after increasing resource estimates
Monday 23 Jan 2012
The share price of India-focused integrated energy company Essar Energy increased by over a tenth on Monday afternoon after the firm increased its best estimate contingent resources at the Raniganj coal bed methane exploration block.
You are here: news > editors picks
10 Lower Thames St,
London EC3R 6EN