Editor's Picks
Sunday newspaper round-up: Greece, Manchester Utd., France
Friday 10 Jun 2011
A way forward in the Greek crisis? French banks have agreed, in principle, to subscribe to new issues of Greek sovereign debt to replace maturing bonds, rolling over existing commitments, but on condition that all creditors do the same, the Financial Times says. European authorities, however, have yet to decide on which course of action to pursue, a debt roll-over or a re-profiling. One senior
Gilts advance after weak data
Friday 10 Jun 2011
Weak industrial production figures boosted demand for government debt.
Sunday tips round-up: Bunzl, Entertainment One, Yule Catto
Friday 10 Jun 2011
“You wait ages for a bus to come along – and then three turn up at once. A bit like acquisitions at distribution group Bunzl,” writes The Sunday Telegraph this weekend, referring to the company’s three recent acquisitions, Spanish firm King Espana Completos, UK outfit SIG Safety and Workwear and the Australian group Hospitality Depot. In the opinion of the newspaper’s Questor team, at 12.3 times
Caza Oil informs of progress on three of its projects
Friday 10 Jun 2011
The U.S focused exploration, appraisal, development and production company, Caza Oil, has today provided an operational update on three of its ongoing operations, at San Jacinto, Bongo and Windham, with all three projects progressing on or ahead of schedule.
To our respected readers
Friday 10 Jun 2011
To our dear and respected readers. As some of you may have noticed Digital Look has been undergoing some changes since 24th of January 2011. This is when Web Financial Group UK, the financial technology company, acquired Digital Look from CMC Markets.
US Midafternoon: Stocks struggle to cut losses
Friday 10 Jun 2011
The main US equity benchmarks are now registering moderately strong falls (DJI: -146, Nasdaq Comp.: -29, S&P 500: -13), even if they are slightly off the lows for the session. This on a day of trading full of cross-currents.
Premium tips: Aquarius Platinum, Halfords, Lonmin...
Friday 10 Jun 2011
UBS initiated coverage on Aquarius Platinum with a ‘neutral’ stance and 350p target price, saying that it has “a better business model in a tough industry.” However, given the lack of momentum in the platinum price, the strength of the rand, and operating risks in southern Africa, the broker stays cautious.
Premium broker snap: Charles Stanley downgrades Halfords to 'hold'
Friday 10 Jun 2011
Charles Stanley has downgraded Halfords to ‘hold’, from ‘accumulate’, despite the car and bike parts retailer reporting a “solid” set of full-year results, as it thinks that the shares are unlikely to perform in the near term.
Spanish bond auction worries market
Friday 10 Jun 2011
Reports of a failed bond auction by the Spanish banking giant Santander has emphasised the weakness of Spanish local governments. The Wall Street Journal claims Banco Santander failed to find buyers for 50% of a bond offering backed with loans made to Spain’s regional governments. The regions concerned are named as Catalonia, Madrid, Valencia, Andalucia, the Basque country
"Arab Spring" boost for Red24
Friday 10 Jun 2011
Uprisings in the Arab world helped Red24, which helps companies deal with security threats such as piracy and kidnap, post a rise in sales and profits in the year to 31 March.
Easyjet heals rift with pilots
Friday 10 Jun 2011
FTSE 250 firm easyJet has agreed a pay and scheduling agreement with its pilots following years of bad blood. The deal was recommended by the British Airline Pilots’ Association (BALPA) after the firm’s chief executive, Carolyn McColl, apologised for poor relations between pilots and management. Under the terms of the agreement pilots will see a 4% increase in salaries.
London pre-open: Stocks to retreat after rally
Friday 10 Jun 2011
Stocks are expected to give back some gains on a typically quiet Friday on the company news front. Economic resilience in the southeast of England helped brewer and pub operator Fuller, Smith and Turner post a strong rise in profits in the year to 2 April. The company saw adjusted pre-tax profits rise by 10% from the previous year to £29.3m on revenues up 6% to £241.9m.
US close: Losing streak ends
Friday 10 Jun 2011
Stocks finished with strong gains, ending a week of losses, as investors seized on positive economic data.
Southeast focus lifts Fuller's
Friday 10 Jun 2011
Economic resilience in the southeast of England helped brewer and pub operator Fuller, Smith and Turner post a strong rise in profits in the year to 2 April.
Petrofac raises stake in Nigerian oil and gas firm
Friday 10 Jun 2011
Oil and gas facilities provider Petrofac has acquired an additional 11.9% stake in Nigerian production and development firm Seven Energy International for $75m.
Friday tips round-up: IG Group, Pan African Resources, JD Sports...
Friday 10 Jun 2011
A look at the shares the top newspaper pundits are picking.
Commodities: Oil prices rise
Friday 10 Jun 2011
Crude oil prices settled higher on Thursday after OPEC surprised markets by keeping production targets unchanged.
Friday newspaper round-up: BoE, Southern Cross, Rank Group...
Friday 10 Jun 2011
The Bank of England held interest rates at their record low for a 27th month, as the City bet a rate rise will not arrive until well into 2012. Despite rising prices – inflation is more than double the 2pc target at 4.5pc – the Bank's Monetary Policy (MPC) has so far refused to raise rates from their 0.5pc low to curb the pace of price rises.
US close: Losing streak ends
Thursday 09 Jun 2011
Stocks finished with strong gains, ending a week of losses, as investors seized on positive economic data.
London close: FTSE 100 rallies despite retail gloom
Thursday 09 Jun 2011
Shares rallied in the afternoon after a good start on Wall Street where stocks won back some recent losses. Engineer Weir Group was the highest riser after its earnings estimates were lifted by RBC Capital Markets. There have also been reports today that two companies in China have been given fines of £1m after manufacturing illegal duplicates of Weir pumps.
You are here: news > editors picks
10 Lower Thames St,
London EC3R 6EN