Investors fail to see light as trading drops

first_img KCS-content Sunday 15 August 2010 10:25 pm whatsapp whatsapp Tags: NULL Show Comments ▼ Investors fail to see light as trading drops Share INVESTOR confidence has crumbled to its lowest ebb for eight years, according to a bleak market analysis released today.The grim data shows the value of shares traded this year has plummeted as the UK’s recovery from recession remains on a knife edge.The turbulence from the economic crisis triggered by the collapse of Lehman Brothers in 2008 has also produced the most sustained market volatility in 26 years, according to the research from equity trading specialist Equiniti.This year £2.5 trillion of UK equities will be traded on current trends – almost two fifths below the peak in 2007 when £4 trillion changed hands. The value of shares traded in 2010 relative to the value of UK plc is the lowest since 2002.On average shares worth 1.56 times the value of the market were traded each year over the last ten years, meaning 2010 is still below both recent averages. It is even below 2009 when the UK was in the grip of recession.Meanwhile the Treasury has also been hit as 2010 tax on share trades will fall an estimated £1.1bn on 2007.Equiniti chief executive Wayne Story said: “Britain’s ultimately unsustainable economic boom was reflected in stock market activity too. The euphoria of the five-year bull market up to its peak in June 2007 brought a massive increase in share trading volumes, far ahead of anything the UK had ever seen before. “There has been a dramatic loss of energy in the stock markets since then. Today, the markets are still in post-Lehmans shock.” The research also revealed that in cash terms more shares changed hands in the five years to the end of 2007 than in the previous fifteen years since 1988 put together as the markets enjoyed a boom. Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotlast_img read more

CITY VIEWS: IS THE UK HEADING FOR ANOTHER RECESSION?

first_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com CITY VIEWS: IS THE UK HEADING FOR ANOTHER RECESSION? whatsapp whatsapp Tags: NULL Tuesday 31 August 2010 8:47 pm KCS-content center_img Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 Funny Notes Written By StrangersNoteableyUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndoLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndo Show Comments ▼ CHRISTINE GREENWOOD | KENNEDY PEARCE“Yes. We are headed for another recession because the moment the UK gets out of recession, we end up spending too much money, which eventually pushes us back into recession.”PADY CHATZIS | INTERMAR“No. Britain is likely to perform well and this is because of the new government and tighter regulation. European countries like Greece are doomed, while Britain is safer from a recession.”JULIA HAYHOE | BAKER & MCKENZIE“No, the UK isn’t headed for another recession. My sense is that a lot of people took longer holidays than normal over the summer but they’re back now, and are highly motivated. It will be tough but we’ll avoid another recession.” last_img read more

German banks could require an extra £88bn under Basel rules

first_img Share Monday 6 September 2010 8:28 pm KCS-content Show Comments ▼ Tags: NULL Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proofcenter_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Timesautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldTaco RelishOnly People With An IQ Of 130 Can Name These ItemsTaco Relish whatsapp German banks could require an extra £88bn under Basel rules GERMANY’S 10 biggest banks may need €105bn (£87.8bn) of additional capital under a revamp of banking rules designed to prevent future financial crises, the country’s banking association said.International banking regulators known as the Basel Committee will likely require banks to have a Tier 1 capital ratio of six per cent, up from four per cent, said Germany’s BdB banking association, whose members include lenders such as Commerzbank and Deutsche Bank.Regulators are bumping up the amount of capital banks need to hold in an effort to ensure lenders have an array of loss-absorbing backstops that can be used to avoid another downturn such as the recent financial crisis.Buffers for capital conservation of an additional two per cent and a countercyclical capital buffer of two per cent more are also likely to be applied, the BdB said yesterday.The Tier 1 ratio and each of the buffers probably would be composed of 80 per cent of top quality or “core Tier 1” capital, which consists of equity capital and retained earnings, BdB said. Many leading banks already hold Tier 1 capital of 10 per cent or more. last_img read more

Deloitte sees revenues lift

first_img Share More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Monday 13 September 2010 8:43 pm Show Comments ▼ whatsapp DELOITTE Touche Tohmatsu, one of the largest accountancy firms, saw global revenue hit $26.6bn (£17.2bn) in 2010 as the group sets its sights on significant expansion plans.Global revenue for the firm, which is part of the Big Four group of accountants, marked a 1.8 per cent rise on the previous year when income came to $26.1bn. Deloitte said the rise was a result of increased business volumes during the year ending 31 May 2010, and came despite the fact the firm’s rates were constrained by the challenging economic conditions. The firm’s figures were boosted by a higher turnover in its consulting business, which saw revenue increase by almost 15 per cent to $7.5bn. Consultancy makes up 28 per cent of Deloitte’s revenue stream.Meanwhile, Deloitte’s auditing business, which accounts for 44.2 per cent of the group’s entire business, posted a decrease during the year. Auditing income came to $11.7bn, marking a 1.4 per cent drop on 2009.Jim Quigley, chief executive of Deloitte Touche Tohmatsu, said he was optimistic that Deloitte member firms will continue with the solid growth into 2011. He said: “This dedication, along with our strong focus on integrity and sustainable, responsible business practices, will continue to be critical to our future success.”Meanwhile, Deloitte has unveiled plans to substantially grow its headcount globally over the next five years. Deloitte said it intends to recruit 50,000 workers over the next five years as it looks to expand its geographical reach and services. The accountant employs 170,000 people globally. whatsapp Deloitte sees revenues lift KCS-content Tags: NULLlast_img read more

Pakistan inflation could rise to 13.5pc, says IMF

first_img Pakistan’s inflation rate could soon rise as high as 13.5 per cent, according to the International Monetary Fund (IMF).The country’s inflation rose to a four-month high in August as devastating floods forced food prices higher. Core inflation rose to a higher-than expected 12.5 per cent, as the consumer price index increased 2.5 per cent from July.Analysts had expected the central bank to wait and see until the release of a damages assessment report, due to be released in mid-October, but with inflation higher than expected, there are fears that the central bank may hike the policy rate.The IMF has pledged $451m (£287m) in aid to the stricken nation, which will be used to plug the gap in public spending and shore up its flagging currency. Wednesday 22 September 2010 7:33 pm whatsapp KCS-content Pakistan inflation could rise to 13.5pc, says IMF Show Comments ▼ More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com Share whatsapp Tags: NULLlast_img read more

Bank of America in the red amid wrangle with investors

first_imgTuesday 19 October 2010 8:02 pm BANK of America (BoA) said yesterday it would vigorously defend itself against demands from investors who have written to the bank to insist it take back billions of dollars in failing mortgages originally issued by its Countrywide subsidiary.The Federal Reserve Bank of New York, BlackRock and Pacific Investment Management are believed to be among investors that have written to the bank. BoA, led by chief executive Brian Moynihan, said: “We’re not responsible for the poor performance of loans as a result of a bad economy. We don’t believe we’ve breached our obligations as servicer. We will examine every avenue to vigorously defend ourselves.”News of the letter emerged as the bank reported better-than-expected third quarter earnings on declining credit losses, though a hefty one-off charge on its debit and credit card business sent it plunging into the red.Excluding the non-cash goodwill charge, BoA reported earnings of $3.1bn (£1.97bn), or 27 cents per share, compared to analyst forecasts of 16 cents per share. Including the $10.4bn charge, the bank posted a net loss of $7.3bn, compared to a loss last year of $2.2bn. whatsapp Show Comments ▼ Share More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org whatsappcenter_img Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoFamilyMindedThe Most Common Astrology Questions People AskFamilyMindedUndoOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent ExpressUndoStudent SeaHilariously Relatable Family Photo FailsStudent SeaUndo Bank of America in the red amid wrangle with investors KCS-content Tags: NULLlast_img read more

Digital sales boost Pearson

first_img whatsapp Strong digital sales at publishing group Pearson helped boost its third quarter performance, pushing up its full-year forecasts.The group now expects full-year earnings to be 10 per cent ahead of 2009 figures, with profits in the last three months up eight per cent year-on-year.Sales at Penguin were up five per cent, education business sales were up seven per cent and the Financial Times group sales were up 11 per cent, boosted by strong demand for its print, digital subscriptions and growth in advertising.In education, Pearson said its strategy of moving from a physical book publisher to educational technology had enabled it to gain market share in the US, with sales growth of five per cent. Its Higher Education unit grew strongly and gained market share while the Assessment and Information business remained strong. Pearson said its strength in digital was helping it to grow its School Curriculum business despite weakness in state and local funding. Sales in International Education were up eight per cent in the nine months, due to growth in developed markets and assessment services. Professional Education also traded strongly, with sales up 17 per cent.A company spokesman warned the future remains uncertain, with demand in some markets particularly vulnerable to market conditions but added: “We continue to generate significant growth in digital and in developing markets, and to benefit from further efficiency gains.” Show Comments ▼ Tags: NULL Monday 25 October 2010 8:17 pm whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmDirect HealthyKate Silverton’s PartnerDirect Healthythedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com KCS-content More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Digital sales boost Pearson Sharelast_img read more

St James’s Place boosted by new clients

first_img Show Comments ▼ whatsapp John Dunne St James’s Place boosted by new clients Wealth manager St James’s Place outpaced market expectations for growth in new business in the three months to the end of September, with strengthening markets bolstering sales.The company’s most closely followed measure of new business, a combination of regular and single premiums, saw a 30 per cent increase over the period to £136.5m compared with forecasts of around £126m.Funds under management were up 11 per cent during the quarter, boosted by a £700m net inflow and strong stock markets, reaching a total of £24.8bn.“Although the outlook was uncertain earlier in the year, 2010 is proving to be a very successful year for St James’s Place… we remain confident in our ability to deliver average new business growth within our 15-20 percent per annum range over the medium term,” the company said in a statement. whatsapp More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comcenter_img Tuesday 2 November 2010 4:36 am Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Tags: NULLlast_img read more

Aviva plans £400m savings in two years

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Aviva plans £400m savings in two years KCS-content whatsapp INSURANCE company Aviva has announced plans for £400m in savings over the next two years, half of which will come from efficiency gains, and half from cost savings. It has also said that it will close its final salary pension scheme, which has 7,600 members, something that will save £50m a year. Several hundred jobs will also go in its Canadian business, although there will be no job-losses in the UK. Chief executive Andrew Moss said: ‘We will continue our drive to create a simplified, more modern way of doing business, which will both improve our efficiency and reflect customers’ changing preferences.”Sales in the UK were up 26 per cent in the UK, to £2.4bn, taking domestic sales to £12.3bn for the first three quarters of 2010 – a 16 per cent increase on 2009. In the UK sales of long-term savings products were up 22 per cent and, globally, new life and pensions sales were £25.6bn, up from £24bn on the same period last year. The company said that going forward it will concentrate on eight key European markets, plus North America, China, and India, while it will pull out of low return markets, such as Taiwan. “As we look to the next phase of our growth, Aviva will sharpen its geographic focus and deepen its position in its key markets,” Andrew Moss said. Aviva’s global business continues to be uneven, with total sales in North America up just one per cent and life and pensions sales down two per cent, while in Asia Pacific sales were up 24 per cent and life and pensions sales increased by 46 per cent. Sharecenter_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Show Comments ▼ whatsapp Tuesday 2 November 2010 9:43 pm Tags: NULLlast_img read more

BEST OF THE BROKERS

first_img Share whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGem whatsapp Monday 22 November 2010 5:09 am XSTRATAStandard & Poor’s has initiated coverage on the miner with a “buy” recommendation and a 12 month target price of £15.00. The broker expects group earnings to hit record levels in 2011, due to both through a £14bn capital expenditure programme that will increase volumes, and through rising prices of copper and thermal coal.BHP BILLITONNomura rates the miner “reduce” with a target price of £23. The broker examines a possible takeover or merger with Woodside Petroleum, which could create an oil and gas group with synergy savings of almost $4bn. A spin-off listing could help improve BHP’s share price of seven per cent below its total value, Nomura says.TAYLOR WIMPEYUBS rates the housebuilder “neutral” with a 12 month target price of 29p, down from 31p following the firm’s trading update last week. The broker has upgraded its earnings before interest and tax forecast by 25 per cent to £196m and cheers the recent debt restructuring, but does not see the cost of capital covered until 2013 – 14. Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrapcenter_img Show Comments ▼ Tags: NULL KCS-content BEST OF THE BROKERS last_img read more