Editor's Picks
Contract placements drive SThree's growth
Friday 07 Sep 2012
It is tough out there for recruitment agencies but SThree is still making headway around the world, except in the UK and Ireland, where profits took a dip.
FX round-up: Dollar whacked by US jobs gloom
Friday 07 Sep 2012
Weaker than expected US jobs data sent the dollar close to a four month low against the euro on Friday as markets increasingly bet on a third round of stimulus.
Xcite sells Bentley crude for better-than-expected price
Friday 07 Sep 2012
Xcite Energy, the AIM-listed North Sea oil and gas group, said on Friday that it had sold in excess of 135,000 barrels of crude from its Bentley field for a better-than-expected price.
London pre-open: Stocks seen higher on ECB euphoria
Friday 07 Sep 2012
City sources reckon that the FTSE 100 will up around 12 points higher than yesterday's close of 5,777, with investors likely to focus on yesterday's decision by the European Central Bank (ECB).
Friday tips round-up: Glencore/Xstrata, easyJet
Friday 07 Sep 2012
The Lex column in the Financial Times has cast its eye over the eagerly anticipated shareholder vote to decide on Friday to decide the fate of the merger between Xstrata and Glencore. The tie-up, as the paper explains, was hailed for its operational and financial logic by both group chief executives when first announced in February with the exchange ratio (2.8 Glencore shares per Xstrata share)
Cobham bags US army chopper contract
Thursday 06 Sep 2012
Defence contractor Cobham has been awarded a five-year contract to supply on-board inert gas generating system nitrogen inert units for AH-64 Apache helicopters used by the US arm.
FX round-up: Euro in holding pattern ahead of NFP
Thursday 06 Sep 2012
The euro/dollar ended the session near unchanged at 1.264, following an initial feint lower after the ECB´s initial rate decision. That ahead –of course- of today´s reading on non-farm payrolls (NFP) in the UNiedt States, which some believe may hold the key to the result of the next Fed Meeting.
FTSE 100 movers: ECB bond-buying plan spurs risk appetite
Thursday 06 Sep 2012
The heavyweight mining and banking sectors rejoiced the European Central Bank’s (ECB’s) bond-buying plan on Thursday with investors hoping that this could mark a turning point in the ongoing Eurozone debt crisis.
Broker tips: Lloyds, Whitbread, Morrisons
Thursday 06 Sep 2012
Investec says that the news of another regulatory fine at Lloyds should only have a little impact, seeing as though the banking group still has a lot of mis-selling issues hanging over its head. The broker has maintained its 'hold' rating and 36p target price for the stock.
Commodities: Oil and agricultural futures fade lower
Thursday 06 Sep 2012
Yesterday was a a decidedly mixed day for commodities and precious metals, despite the very much risk-on environment which ensued after the European Central Bank´s press conference.
Broker snap: Lloyds faces another fine, Investec keeps 'hold'
Thursday 06 Sep 2012
Investec says that the news of another regulatory fine at Lloyds should only have a little impact, seeing as though the banking group still has a lot of mis-selling issues hanging over its head.
Rajoy to get down on one knee with Merkel
Thursday 06 Sep 2012
Even as Mario Draghi sweats under the spotlights that will undoubtedly be on the post-ECB meeting press conference, Spain's Prime Minister Mariano Rajoy will be busy on the sidelines ironing out the details of Spain’s bailout with German Chancellor Angela Merkel.
Rajoy to get down on one knee with Merkel
Thursday 06 Sep 2012
Even as Mario Draghi sweats under the spotlights that will undoubtedly be on the post-ECB meeting press conference, Spain's Prime Minister Mariano Rajoy will be busy on the sidelines ironing out the details of Spain’s bailout with German Chancellor Angela Merkel.
Broker snap: Whitbread offers 'compelling value', says Nomura
Thursday 06 Sep 2012
Nomura has reiterated its 'buy' rating and 2,220p target price for Whitbread, saying that its second-quarter trading statement shows 'solid trading' at Premier Inn and a 'strong performance' in pubs/restaurants and Costa.
London open: Stocks gain on ECB optimism
Thursday 06 Sep 2012
Crucial day for Europe, ECB decision eyed; Bank of England expected to hold fire; Whitbread, Morrisons and miners lead risers.
Europe open: Stocks, gold and Euro move higher
Thursday 06 Sep 2012
-All eyes on ECB press conference at 13:30 -Moody’s lowers Portugal’s country ceiling to Baa3 from Aaa -Spanish 10 year bond sale on tap -Gold at 5 month high over 1,700 dollars per ounce -Single currency again over 1.26 -Sweden cuts benchmark rate by 25bp
Chancellor challenges Barclays' claims on tax dodge
Wednesday 05 Sep 2012
In a letter written to Andrew Tyrie, chairman of the Treasury Select Committee, the Chancellor, George Osborne, has publicly questioned the veracity of Barclays’ explanation of its now notorious £300m tax dodge.
Diamond mines not forever at Petra
Wednesday 05 Sep 2012
Diamond mine operator Petra Diamonds has kicked off the disposal process in respect of its fissure mines in South Africa. The sale was first mooted at the end of July.
SMEs shun loans as economy stutters
Wednesday 05 Sep 2012
Appetite for finance among small and medium-sized enterprises (SMEs) continued to fall in the second quarter, according to research.
Europe midday: ECB to announce unlimited bond buying
Wednesday 05 Sep 2012
-CDU’s Fuch: Draghi does not have too much support from Merkel -Stocks rise after German auction technically uncovered -Dutch central bank chief asking for stringent conditionality -FTD -Portugal’s return to bond markets next year uncertain –Credit Suisse -Nokia to unveil new phones
You are here: news > editors picks
10 Lower Thames St,
London EC3R 6EN