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How to spot bubbles before they blow | just secs ago | ||
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Investment bubbles are odd phenomona, but judge and play them right and you could make a very nice return. Tim Bennett explains how to get in - and out - at just the right time. |
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| Source : MoneyWeek | All | ||||
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Xcite Energy finalises terms of £24.9m placing to fund Bentley oilfield development | 24 mins ago | ||
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Xcite Energy (AIM: XEL) has announced the terms of its equity-based fundraising announced on 8 February. The company will issue shares at £0.40 per share to investors in the UK and at C$0.62 per share to North American investors. Xcite expects to raise aggregate gross proceeds of approximately £24.9 million (C$38.4 million). The proceeds will be used in the development of the Bentley oilfield in the North Sea.The placing is anticipated to close on or about 18 March 2010.Xcite said the net proceeds, together with US$4 million committed by Challenger Minerals, are expected to primarily fund the drilling and flow... |
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| Source : Proactive Investors | ||||
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FTSE 100 set to extend losses, Wall Street edges higher as Cisco, AT&T and Verizon gain | 24 mins ago | ||
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The FTSE 100 is seen slightly lower in early trade after US shares trimmed gains following a strong performance in the afternoon. Telecom stocks were the main driver behind the surge after Cisco Systems (NASDAQ: CSCO) unveiled a faster router, also helping peers AT&T (NASDAQ: ATT) and Verizon Communications (NASDAQ: VZ) to gains. |
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| Source : Proactive Investors | ||||
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E.ON's 2009 Net Profit Surges | 25 mins ago | ||
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The German utility said net profit soared last year, mainly due to disposal gains and revaluation of energy derivatives, and reiterated that it expects earnings to rise in 2010. |
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| Source : Wall Street Journal | Europe | ||||
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FTSE 100 seen flat as Dow Jones, S&P 500 and NASDAQ trim gains | 29 mins ago | ||
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The FTSE 100 is seen slightly lower in early trade after US shares trimmed gains following a strong performance in the afternoon. Telecom stocks were the main driver behind the surge after Cisco Systems (NASDAQ: CSCO) unveiled a faster router, also helping peers AT&T (NASDAQ: ATT) and Verizon Communications (NASDAQ: VZ) to gains. |
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| Source : Proactive Investors | ||||
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Eon tones down outlook for 2010 | 33 mins ago | ||
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World's largest utility by sales gives a muted outlook for 2010 earnings as the economic crisis hits energy prices and demand |
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| © The Financial Times Limited 2009 | Source : FT.com - Companies | |||
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Glanbia - In talks to dispose of its Irish businesses; FY2009 results in-line | 34 mins ago | ||
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| Source : Davy Equity Research | ||||
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Underlying profits surge at Standard L:ife (Sharecast) | 50 mins ago | ||
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Life insurer Standard Life is lifting its efficiency targets for 2010 after delivering 'good profits and healthy cash flow' in 2009. |
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| Source : Yahoo! Finance: Earnings News | ||||
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IG posts 11% rise in quarterly revenue (Sharecast) | 59 mins ago | ||
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Spread bet firm IG Group reported a 11% rise in quarterly revenue and said it is well positioned for further growth. |
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| Source : Yahoo! Finance: Earnings News | ||||
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Strong China trade data make case for firmer yuan | 7:12am | ||
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BEIJING (Reuters) - Chinese exports and imports grew faster than expected in February, underlining the momentum behind the world's third-largest economy and reinforcing the case for a rise in the yuan. |
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| Source : Reuters | UK Business News | ||||
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Strong China trade data make case for firmer yuan (Reuters) | 7:12am | ||
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| Source : Yahoo! Finance: Economic news News | ||||
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Iron ore benchmark deal expected in April - Anshan Iron and Steel | 7:10am | ||
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The president of the Chinese iron and steel group urged the big iron ore suppliers, however, to be "more reasonable" in their demands |
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| Source : Mine Web | ||||
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Alistair Darling to announce date of the budget (Telegraph) | 7:06am | ||
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Alistair Darling is to announce the date of the budget this morning, the Treasury has disclosed. |
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| Source : Yahoo! Finance: Economic news News | ||||
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Providers cut gas prices - Telegraph.co.uk | 7:05am | ||
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The GuardianProviders cut gas pricesTelegraph.co.ukNPower and Eon have become the latest energy providers to cut the cost of gas. So is now a good time to fix? By Melanie Wright Energy suppliers are finally lowering the cost of gas and electricity, but this will provide cold comfort for hundreds of ...Npower joins the gang with a 7% gas price cutTimes OnlineNpower is fourth of 'big six' to cut pricesIndependentEnergy giants finally cut their prices (now the big freeze is over)Daily MailMirror.co.uk -BBC News -ShareCastall 96 news articles » |
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| Source : Google | UK Business | ||||
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Providers cut gas prices (Telegraph) | 7:03am | ||
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NPower and Eon have become the latest energy providers to cut the cost of gas. So is now a good time to fix? |
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| Source : Yahoo! Finance: Earnings News | ||||
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China's exports see big increase | 7:00am | ||
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China's exports surged 46% in February, figures show, raising hopes of a strong recovery in global trade. |
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| Source : BBC News | Business | UK Edition | ||||
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Private companies are Royal Mail's real enemy | Roy Mayall | 7:00am | ||
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The postal industry's greatest problem is not modernisation, but unfair agreements with private mail companiesI've just received the "official" CWU version of the agreement it has just negotiated with Royal Mail. It seems to be substantially the same as the leaked version I read over the weekend.It came with a long overview justifying the union's position. That was a piece of propaganda, of course. It listed all the supposed gains, but glossed over - or completely ignored - all of the losses.The most significant achievement of the agreement is probably the retention of the 75%-25% mix of full-time and part-time... |
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| Source : Guardian | Financial & Economic News | ||||
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Wednesday paper round-up: EADS, Barclays, Google (Sharecast) | 6:59am | ||
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Lord Mandelson has tried to head off a transatlantic trade war by expressing concern at Washington s handling of a $35bn Pentagon procurement project that could spark European retaliation. |
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| Source : Yahoo! Finance: Economic news News | ||||
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European Factors-Shares seen mixed after two-day dip (Reuters - UK Focus) | 6:58am | ||
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| Source : Yahoo! Finance: Earnings News | ||||
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GM Daewoo vows to return to black this year (AFP) | 6:57am | ||
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GM Daewoo, the South Korean unit of struggling US auto giant General Motors, said Wednesday it intends to return to profit this year and currently needs no further financial support from creditors. |
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| Source : Yahoo! Finance: Earnings News | ||||
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Race to the bottom with G4 currency rhetoric (Reuters) | 6:56am | ||
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| Source : Yahoo! Finance: Economic news News | ||||
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Cathay Pacific Returns to Profit | 6:49am | ||
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Cathay Pacific Airways returned to profit in 2009 as cost-cutting measures and bets on fuel prices helped Asia's No. 3 carrier rebound. |
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| Source : New York Times | Business | ||||
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Asia Mixed; Aurox Surges | 6:46am | ||
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Asian stock markets were mixed Wednesday, with stocks drifting as investors looked to cues later in the week. In Australia, Aurox Resources powered higher on news of a merger with Atlas Iron. |
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| Source : Wall Street Journal | Europe | ||||
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Gold guru Lassonde says exploration innovation can lessen threat of peak gold | 6:36am | ||
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Franco-Nevada Chairman Pierre Lassonde does not believe peak gold is imminent. However, innovations in exploration technology are critical to keeping gold mining viable as a sector. |
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| Source : Mine Web | ||||
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AIG devises new formula to determine bonuses - report | 6:33am | ||
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(Reuters) - American International Group Inc has formulated a new "forced ranking" system to determine bonuses and rate employee performance, Wall Street Journal said, citing people familiar with the matter. |
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| Source : Reuters | UK Business News | ||||
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Shanks shares dive as Carlyle bid fails - Telegraph.co.uk | 6:31am | ||
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Daily MailShanks shares dive as Carlyle bid failsTelegraph.co.ukShares in Shanks crashed after the waste management company said it had ended lengthy potential takeover talks and rejected a lower £476m offer from private equity firm Carlyle. By Helia Ebrahimi The private equity house, which had offered 135p in ...Shanks drops after Carlyle talks endFinancial TimesShanks walks away from Carlyle buyout talksReutersShanks walks away from talks with CarlyleTimes OnlineThe Guardian -The Press Association -Proactive Investors UKall 50 news articles » |
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| Source : Google | UK Business | ||||
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Online banking fraud loses rise 14% | 6:30am | ||
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Number of 'phishing' attacks have risen to 51,000 from just 1,700 five years ago, according to the UK Cards AssociationThe amount of money lost to online banking fraud last year rose by 14%, according to figures released today, despite an overall drop in card fraud losses.Criminals have switched their attentions from internal bank systems, which are notoriously difficult to attack, to individual household computers, the UK Cards Association said.Fraudsters are targeting bank customers through email links and attachments. Once consumers click on the links or open the attachments they expose themselves to computer viruses that can detect their keystrokes when... |
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| Source : Guardian | Financial & Economic News | ||||
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UPDATE 2-China s Ansteel sees iron ore benchmark deal in April (Reuters - UK Focus) | 6:26am | ||
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| Source : Yahoo! Finance: Economic news News | ||||
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Companies' appetite for investing in Britain is being sucked dry | 6:25am | ||
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More evidence that Labour can't rely on tax revenues from a recovering economy |
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| Source : Telegraph - Economics | ||||
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What mortgage can I get on a rental home? - The Guardian | 6:15am | ||
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The GuardianWhat mortgage can I get on a rental home?The GuardianQ I am considering buying a second home to rent out as a medium- to long-term investment. I have a £50000 deposit and do not have a mortgage on my own home. I am looking for a loan of £80000 for the second property. Am I restricted to buy-to-let ...Interest rates on popular mortgage deals at 6-year lowTimes OnlineInterest on fixed rate loans dropsThe Press AssociationThe upside of having a mortgage in retirementTelegraph.co.ukThe Northern Echo -Mortgage Strategy -Liverpool Daily Postall 80 news articles » |
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| Source : Google | UK Business | ||||
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New Standard keeps Canning shale faith | 6:00am | ||
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Australia's New Standard Energy said it was pressing ahead with plans to |
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| Source : Upstream Online | ||||
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Liberty demerges to tackle changing property market - Telegraph.co.uk | 6:00am | ||
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Liberty demerges to tackle changing property marketTelegraph.co.ukThe owner of Covent Garden and the Lakeside shopping centre has unveiled plans to demerge into two businesses, claiming there is a "changing approach" to investment in UK property. By Graham Ruddick Liberty International will split its London sites ...Liberty to split £6bn property portfolio in twoTimes OnlineLiberty demerger heralds new eraFinancial TimesLondon close: Late rally limits lossesShareCastCITY A.M. -Bloomberg -Reutersall 54 news articles » |
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| Source : Google | UK Business | ||||
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Adelaide spins Hollick bit | 5:53am | ||
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Australian integrated player Adelaide Energy said it had spudded the Hollick-1 |
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| Source : Upstream Online | ||||
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FOREX-Yen holds firm, strong China data boosts Aussie (Reuters - UK Focus) | 5:34am | ||
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| Source : Yahoo! Finance: Economic news News | ||||
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Weir to profit from new nuclear delays - Telegraph.co.uk | 5:31am | ||
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BBC NewsWeir to profit from new nuclear delaysTelegraph.co.ukEngineering company Weir Group is expecting to profit from delays to the UK's new nuclear power stations, since the old plants are likely to need life-extensions owing to delays. By Rowena Mason Keith Cochrane, chief executive, also said there ...Weir Group shows hunger to buy firms after record profitsScotsmanWeir posts 6% rise in earnings to £187mThe HeraldProfits rise by 6% at Weir GroupBBC NewsWall Street Journal -ShareCast -Reuters UKall 18 news articles » |
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| Source : Google | UK Business | ||||
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Merlin gets back on IPO rollercoaster as results jump - Telegraph.co.uk | 5:31am | ||
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BBC NewsMerlin gets back on IPO rollercoaster as results jumpTelegraph.co.ukMerlin Entertainments, owner of Madame Tussauds and the London Eye, said a 10pc jump in visitor numbers and double-digit growth in annual earnings had re-ignited hopes for a £2bn stock market listing. By Helia Ebrahimi The Blackstone-owned UK company ...Upswing in markets puts Merlin back on IPO trackIndependentLegoland owner Merlin Entertainments may resurrect flotation plansTimes OnlineMerlin still open to listingFinancial TimesThe Guardian -Daily Mail -BBC Newsall 26 news articles » |
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| Source : Google | UK Business | ||||
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Fewer trucks hit Eurostar profits - Telegraph.co.uk | 5:31am | ||
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BBC NewsFewer trucks hit Eurostar profitsTelegraph.co.ukEurotunnel has set a target of regaining a 38pc share of the cross-Channel trucking market after a year in which a fire in the tunnel and the economic downturn caused profits to tumble. By Alistair Osborne Trading profits fell 34pc to EUR161m (£146m) on ...Eurotunnel eyes high-speed freight operationFinancial TimesDeutsche Bahn may run London to Frankfurt serviceTimes OnlineEurotunnel reports a 2009 profit despite 'poor economy'BBC NewsCITY A.M. -MarketWatch -BusinessWeekall 219 news articles » |
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| Source : Google | UK Business | ||||
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Gartmore returns returns to profit - Telegraph.co.uk | 5:30am | ||
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Gartmore returns returns to profitTelegraph.co.ukGartmore, the London-based fund manager, reported a swing into profit for 2009 and claimed its business is on the mend after the company's difficult stock market listing in December. By Louise Armitstead Jeffrey Meyer, chief executive, unveiled pre-tax ...Gartmore cautious in spite of inflow of fundsFinancial TimesGartmore profit beats forecasts, sees strong flowsReutersFund Manager Gartmore Says Business ReboundingWall Street JournalCitywire.co.uk -ShareCast -CITY A.M.all 26 news articles » |
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| Source : Google | UK Business | ||||
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Dyson's Tory plans 'too narrow' says CBI - Telegraph.co.uk | 5:30am | ||
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Financial TimesDyson's Tory plans 'too narrow' says CBITelegraph.co.ukTHE CBI, the influential trade body, has criticised Sir James Dyson's report for the Tories on boosting business innovation, for being too narrowly focused. By Louise Armitstead The body dubbed the "voice of business", which is strictly apolitical, ...Tories warm to R&D tax creditFinancial TimesConservative-endorsed report calls for science boostBBC NewsTories seek ways to "sell to China"Reuters UKWall Street Journal -The Press Association -Manufacturer.comall 39 news articles » |
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| Source : Google | UK Business | ||||
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Barclays eyes US bank deal | 5:26am | ||
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Barclays is considering buying a large US retail bank in a push to expand beyond its successful investment banking franchise. Antony Jenkins, the new head of Barclays' retail banking activities,... |
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| © The Financial Times Limited 2009 | Source : Alphaville | M&A | |||
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Demand for Lithium Is Poised to Take Off | 5:21am | ||
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As awareness spreads that lithium is an ingredient for hybrid cars, a hunt is under way for sources of the metal. |
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| Source : New York Times | Business | ||||
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US Senate weighs $50bn fund | 5:20am | ||
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US Senate negotiators are nearing a deal to create a $50bn trust fund from levies to be imposed on large US financial companies including Goldman Sachs and Citigroup, reports Bloomberg.... |
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| © The Financial Times Limited 2009 | Source : Alphaville | People | |||
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China's Exports Jump 45.7 Percent | 5:18am | ||
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China's exports grew strongly in February in a new sign of a rebound in global demand, government figures showed Wednesday. |
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| Source : New York Times | Business | ||||
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Obama to urge Athens | 5:18am | ||
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President Barack Obama on Tuesday was set to tell George Papandreou, Greek prime minister, that Athens' main task was to rebuild its public finances in a meeting at the White House.... |
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| © The Financial Times Limited 2009 | Source : Alphaville | Capital Markets | |||
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EU warned on investor rules | 5:14am | ||
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Some top institutional investors have warned Brussels that Europe risks building a protectionist wall between itself and the global private equity industry if it proceeds with... |
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| © The Financial Times Limited 2009 | Source : Alphaville | M&A | |||
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Ferrous plans London IPO | 5:07am | ||
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Ferrous Resources, the emerging Brazilian iron ore producer, has revived plans for a London flotation that could be worth $3bn-$4bn and could come to market as early as May. The... |
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| © The Financial Times Limited 2009 | Source : Alphaville | Capital Markets | |||
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Mortgage lending lifts Canada banks | 5:06am | ||
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Canada's five big banks have reported robust first-quarter earnings driven by growth in mortgage lending and other domestic business. The five - Royal Bank of Canada, Toronto-Dominion,... |
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| © The Financial Times Limited 2009 | Source : Alphaville | Capital Markets | |||
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Liberty demerger boosts Reits | 5:02am | ||
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The proposed demerger of Liberty International's £6.1bn property empire is giving an unprecedented boost to the fledgling UK real estate investment trust (Reit) sector, with... |
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| © The Financial Times Limited 2009 | Source : Alphaville | Capital Markets | |||
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UPDATE 1-Oil edges up towards $82 on China import surge (Reuters - UK Focus) | 5:00am | ||
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| Source : Yahoo! Finance: Economic news News | ||||
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Bankers seek to cut ex-wife payments | 4:59am | ||
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UK finance industry professionals who have suffered bonus cuts or lost their jobs are turning to the courts to reduce their maintenance payments to ex-wives. Family lawyers note... |
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| © The Financial Times Limited 2009 | Source : Alphaville | People | |||
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Editor Is Fired After Criticizing Chinese Registration System | 4:52am | ||
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Zhang Hong's dismissal is a fresh warning that journalists who challenge government policy too directly can face retribution. |
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| Source : New York Times | Business | ||||
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Galleon witnesses wired | 4:46am | ||
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More information emerged on Tuesday about the use of recording devices in the Galleon insider-trading probe, as the WSJ reported that US federal prosecutors equipped several co-operating... |
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| © The Financial Times Limited 2009 | Source : Alphaville | People | |||
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Strike walks away from Cadlao | 4:45am | ||
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Australia's Strike Oil has ended plans to farm-in to an 80% stake in the |
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| Source : Upstream Online | ||||
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Square Feet: New Airport, Northwest Florida Beaches International, to Open | 4:44am | ||
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Backers said Northwest Florida Beaches International would bring new businesses and residents to the Florida Panhandle; critics said it would also bring environmental problems. |
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| Source : New York Times | Business | ||||
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Asia Mixed; Aurox Rises on Merger Talks | 4:17am | ||
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Asian stock markets were mixed Wednesday, with stocks drifting as investors looked to cues later in the week. In Australia, Aurox Resources powered higher on news of a merger with Atlas Iron. |
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| Source : Wall Street Journal | Europe | ||||
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IMF for Europe a distracting sideshow: experts (AFP) | 4:17am | ||
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Talk of a European version of the International Monetary Fund to rescue errant EU states is little more than a distracting sideshow, analysts and a key central banker say. |
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| Source : Yahoo! Finance: Economic news News | ||||
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The Climate Desk | 4:09am | ||
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I'm a little scared and more excited to kick off a serious and ambitious exercise in collaboration across a spectacular range of websites, including Center for Investigative Reporting, Grist, Mother Jones, Reuters, Slate, The Atlantic, Wired, and WNET. It's called The Climate Desk, and although its website isn't up and running yet, it does have a mission statement:The Climate Desk is a journalistic collaboration dedicated to exploring the impact -- human, environmental, economic, political -- of a changing climate.My job is to look at the corporate side of things: whether and how big companies are preparing themselves for the downside... |
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| Source : Reuters | Felix Salmon | ||||
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RBS Boosts U.S. Bank Staff | 4:05am | ||
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RBS's U.S. global banking and markets unit increased staff levels by 4% last year and plans to continue hiring, in an illustration of how insulated its transatlantic business has been from a departure of employees in the U.K. |
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| Source : Wall Street Journal | Europe | ||||
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China's Exports Jump 45.7 Percent | 4:03am | ||
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China's exports grew strongly in February in a new sign of a rebound in global demand, government figures showed Wednesday. |
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| Source : New York Times | Business | ||||
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Draft on Payday Rules Loses a Provision | 4:01am | ||
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Senator Bob Corker wants a proposed bank agency to be more lenient toward nonbank companies, but some advocates say that would hurt consumers. |
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| Source : New York Times | Business | ||||
