CITY MOVES | WHO’S SWITCHING JOBS

first_imgSunday 15 August 2010 10:31 pm Tags: NULL whatsapp Show Comments ▼ Sacker & PartnersThe pensions law firm has promoted Emily Forrest and Zoë Lynch to partner and Arshad Khan to associate director.Forrest has been at the firm since 2002, while Lynch joined in 1998. Khan, pictured, is a member of the dispute resolution unit, including trustee applications for directions, rectification actions and claims for professional negligence.VAM FundsThe specialist investment boutique has hired Linda McLaren as business development manager for Asia.McLaren joins from Standard Bank, where she has been business development manager for southern Europe and Africa since 2007. She has over a decade of experience in the financial services sector and began her career with Royal Skandia Life Assurance.CLS GroupThe multi-currency cash settlement group has appointed Richard Kerschner as head of strategic initiatives, reporting to chief executive Alan Bozian.Kerschner was most recently general counsel at NYMEX Holdings and its exchange subsidiary, the New York Mercantile Exchange, until its acquisition by the CME Group. He joined the group in 2004 and has also been head of corporate governance.AlpariRashad Hussain has joined the forex trading firm as global head of marketing in the UK.Hussain has over ten years of marketing experience, including several years in the forex and commodities market. He has formerly held positions as head of marketing at both ODL Markets and One Financial, as well as a stint spent in the media sector at News International. KCS-content center_img whatsapp 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 WaterGayot CITY MOVES | WHO’S SWITCHING JOBS by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading Blvd Sharelast_img read more

ConAgra fined for inflating crude oil prices

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorBrake For ItThe Most Worthless Cars Ever MadeBrake For ItTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite Herald whatsapp KCS-content Tags: NULL whatsapp 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 ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proofcenter_img ConAgra fined for inflating crude oil prices Share Show Comments ▼ REGULATORS in America have fined a former division of food group ConAgra $12m (£7.7m) for artificially inflating the price of crude oil futures contracts above $100 a barrel, helping spark a rally that saw prices surge to a record $147. An oil trader working for ConAgra Trading Group (CTG) made a “vanity trade” in New York to push prices above $100 in January 2008. The firm instructed the broker to buy all of the contracts then being offered at $99.90 to “keep the $100 print up”, in the words of one CTG trader. The trader said he was going to be a “madman” if crude oil prices got close to triple figures, and later bragged in an email: “Some people collect art prints, we collect price prints,” according to the Commodity Futures Trading Commission, which levied the fine. CTG was sold to the Ospraie Special Opportunities fund in June 2008 and renamed Gavilon, which will pay the bulk of the charge. Gavilon said yesterday: “We are pleased that this matter has been resolved and believe that this agreement is in the best interests of our customers and suppliers.” Wednesday 18 August 2010 8:07 pmlast_img read more

WPP profits surge as US bounces back

first_img More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.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.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.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.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comConnecticut man dies after crashing Harley into live bearnypost.com WPP profits surge as US bounces back whatsapp whatsapp Share Tuesday 24 August 2010 8:06 pm KCS-content center_img WPP saw its pre-tax profit surge a staggering 36 per cent, with its US operations staging a far stronger than expected recovery.The advertising giant, usually keen to talk up the performance of its digital advertising operations, saw traditional media race ahead of expectations, growing by more than six per cent in the second quarter after a drop of almost 10 per cent last year.The world’s largest ad firm by sales, seen as a barometer for the global economy, hailed the performance of television advertising, a medium it says cannot be written off.It was boosted by the World Cup, with July seeing a jump of seven per cent year-on-year as advertisers clamoured to beam their brands into homes across the world.New media, including social networking, now stands at approximately 28 per cent of the firm’s revenue, with the firm predicting it will account for two thirds of its income in three years.WPP now believes the global economy has avoided the dreaded double-dip recession but it remains cautious about the future, with output in the US unlikely to continue its blistering pace.A WPP spokesman said: “The group’s advertising businesses achieved a 180 degree turnaround from a four per cent decline in the first quarter to a four per cent gain in the second… Traditional advertising has recovered sharply.Sorrell said: “We’re seeing a continual improvement but there are still concerns in Europe and the US. There is a generally cautious tone. But it’s moving in the right direction.” Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoinvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comUndoWorld LifestyleCouple Has No Idea Why Photo Goes Viral, Then They Notice This In The CornerWorld LifestyleUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndo Tags: NULLlast_img read more

CITY MOVES | WHO’S SWITCHING JOBS

first_img whatsapp whatsapp KCS-content Show Comments ▼ Thursday 30 September 2010 10:01 pm center_img ThreadneedleThe investment manager has appointed Vanessa Donegan, a founding member of its investment team, as head of Asia and global emerging markets.Donegan has 30 years of experience in fund management, including her most recent role as Threadneedle’s head of Asia Pacific equities. She will now be responsible for overseeing the management of £6.5bn of assets under management – over a tenth of the firm’s total pool.UBSThe Swiss bank has appointed Paul Raphael as head of wealth management for the emerging markets.Raphael, who will also be a member of the UBS Wealth Management executive committee, has spent his 25-year career at Salomon Brothers, Merrill Lynch and Credit Suisse, where he stepped down last year as head of investment banking for the Asia Pacific region.Deutsche BankThe bank has hired Sébastien Avot as a director in its distribution and emerging market loan trading team, which sits within the structured trade and export finance division of global transaction banking.Avot, who will be based in London, will focus on distributing syndicated unsecured and structured loans for global borrowers into the EMEA region.He joins from BNP Paribas, where he was most recently responsible for selling loans in France, Russia, CIS and Turkey.Begbies TraynorThe professional services consultancy firm has hired Christopher Clayton to its London pensions advisory team as a partner.Clayton joins from Close Brothers Corporate Finance, where he was a managing director and head of the pensions advisory group. Prior to that, he was director of the pensions group and corporate finance at Grant Thornton, responsible for M&A and corporate covenant reviews.RabobankMatthew Carr has joined the bank as head of exchange traded funds (ETF) marketing in its global financial markets division. Carr has been hired to develop Rabobank’s ETF platform as part of its participation in the ETF Exchange. He previously worked at BNP Paribas, where he was responsible for European sales and marketing of the bank’s ETF product. Share CITY MOVES | WHO’S SWITCHING JOBS Tags: NULLlast_img read more

Aid to China and Russia is cut from DfID’s budget

first_img OVERSEAS aid was shielded from yesterday’s cuts, though the department for international development (DfID)?will halt aid payments to China and Russia and reduce its administration costs to help bring the deficit down. The department’s budget will rise to £11.6bn over four years to meet UN aid commitments, which will include spending £500m to help fight malaria. International climate finance will be £2.9bn over five years. However, the government announced a commission on aid impact to examine the value for money of all the UK’s aid obligations. Free market think-tank the Adam Smith Institute criticised the ring-fence, saying in a statement: “Why the chancellor thinks that the British taxpayer should fund the Indian space programme is unclear. At a time when the British government is cutting spending domestically it makes no sense to increase overseas aid spending.” Wednesday 20 October 2010 8:22 pm whatsapp 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 PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Show Comments ▼ Tags: NULLcenter_img Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky 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 WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap KCS-content Aid to China and Russia is cut from DfID’s budget Sharelast_img read more

FirstGroup profit rise fuelled by buses

first_img whatsapp 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 Wednesday 3 November 2010 4:17 am FirstGroup profit rise fuelled by buses Transport operator FirstGroup posted a 14.3 per cent rise in first-half profit, helped by continued strong performances from its UK rail and bus businesses.FirstGroup, whose rail business includes the Great Western franchise running into central London, on Wednesday reported an adjusted pretax profit of £77.7m on sales four per cent higher at £3.07bn in the six months to the end of September.It raised the interim dividend by 7.1 per cent to 7.12 pence.Chief Executive Tim O’Toole said: “We are encouraged by improving trends in some of our markets,” said Chief Executive Tim O’Toole.“However, while the economic outlook remains uncertain, we continue to focus on opportunities to maximise growth and yield as well as delivering efficiencies.”FirstGroup said underlying ticket sales at its British rail business grew 4.4 per cent during the six month period, while British bus revenues rose 1.3 percent and accelerated in the second quarter.FirstGroup’s American Greyhound bus network grew like-for-like sales by 1.9 per cent, shrugging off a tough U.S. trading environment.The company also increased its full year cash generation target to £180m from £150m and said it was confident of cutting its £2.19bn debt pile further.Shares in FirstGroup, which have risen 10 per cent in the last three months, closed at 351.40 pence on Tuesday, valuing the company at around £2bn. Show Comments ▼ John Dunne Share whatsapp Tags: NULLlast_img read more

BARNIER STAYS TOUGH ON BONUSES

first_imgMonday 22 November 2010 7:51 pm Tags: NULL Share KCS-content NO member state will escape the European Union’s stringent curbs on excessive bank pay, the bloc’s financial services chief Michel Barnier said yesterday. “There will not be a margin for flexibility,” Barnier said. The EU has approved what are seen as the toughest pay curbs in the world for the financial sector. They take effect from January. whatsapp BARNIER STAYS TOUGH ON BONUSES center_img whatsapp Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily 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 ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof 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 PastPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodaySerendipity 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 Heraldmoneycougar.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 Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comlast_img read more

Flybe listing to take off in December

first_img REGIONAL airline Flybe yesterday announced plans to list in London in December in a bid to raise £60m.The initial public offering (IPO) would value the budget carrier, Europe’s largest regional airline, at about £240m and marks another stride in its ambitious growth strategy. “We are delighted to bring Flybe to the market. The company has come a long way in a short time,” said Flybe’s chairman and chief executive Jim French. The company said the flotation proceeds would provide capital both to grow its fleet of aircraft and to strengthen its cash position, to give it greater “strategic flexibility to pursue additional growth opportunities,” it said. These could include strategic arrangements with European airlines but also acquisitions. The news ends weeks of speculation, with reports suggesting 25 per cent of the business could be floated. Exeter-based Flybe has chased growth opportunities in recent years, buying British Airways’ regional UK business, BA Connect, in 2007 in a deal that doubled the company’s size.In July, it announced that it had ordered and secured options on up to 140 new aircraft with manufacturer Embraer for up to $5bn (£3.2bn). It has indicated its wish to list several times since 2005 but delayed plans due to the acquisition and then difficult market conditions.It is one of just a few European airlines to report profits throughout the recession, with turnover of £570.5m and £5.7m profit before tax in the year to March 2010. It now services 215 short-haul and niche routes.FAST FACTS | FLYBE65 per cent owned by Rosedale Aviation Holdings; family trust for Jack Walker.16 per cent employee-owned.BA retains a 15 per cent stake and will buy enough new shares to maintain that stake.BANK OF AMERICA MERRILL LYNCHJUSTIN ANSTEE FLYBE has hired Bank of America Merrill Lynch as sole sponsor, global coordinator and bookrunner on the offer, with Investec and Execution Noble as managers.Justin Anstee (pictured), head of EMEA transport, business services and infrastructure investment banking at BoA Merrill Lynch, is lead adviser. He joined the firm in 2000, and has advised British Airways on its merger with Iberia and National Express on its defence against multiple bids. Rupert Hume-Kendall, global capital markets chairman at BoA Merrill Lynch, is the capital markets banker. He has led the funding of clients including BT, RBS, ICI, WPP, Lloyds, Diageo, Standard Life and Banco Santander. In 2008, among others, he led two rights issues for RBS that raised $24bn and $35bn respectively. Prior to joining Merrill Lynch in 1998 he was syndicate head at UBS, and prior to that worked at Schroders. A lover of golf, water-skiing and running, he holds an economics masters degree from the LSE and is a member of Annabel’s. Show Comments ▼ Tuesday 30 November 2010 8:17 pm whatsapp Tags: NULL Share whatsappcenter_img More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org 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 TimesPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayMagellan 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 NowHealthyGemZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald KCS-content Flybe listing to take off in December last_img read more

Moss Bros in sales rise boost

first_img MOSS Bros posted an 8.3 per cent rise in like-for-like sales for the first 18 weeks of the second half as the British menswear retailer’s improved product offering drew in more shoppers.The company, which has 150 retail outlets worldwide, said total sales for the 44-week period to 4 December were up 8.9 per cent from last year and that it was confident about its outlook for the full-year.However, with the economy continuing to be fragile, the company said full-year trading would depend on the important Christmas period.Analyst Philip Dorgan of Altium Securities said the combination of product improvement and cost reduction meant that Moss Bros could begin the climb back to profit.The company had reported a wider loss of £3.3m for the February to July period. Moss Bros shares, which have shed nine per cent of their value since the company reported first-half results, rose 6.3 per cent at 24.72p.Moss Bros chief executive Brian Brick said: “Whilst the economy continues to be fragile, the group’s sales have traded well ahead of last year and this trend has continued so far throughout the second half, although the out turn for the full-year depends on trading during the important Christmas period.“In addition, we have continued to make good progress on our strategic priorities of improving the calibre of store management, improving operational processes, reviewing the look and product mix of the core Moss stores and testing our innovative Moss Bespoke concept, which we will begin to roll out.” He added that the company is set to enter its key trading period in the best shape it has been in “for some time”. Moss Bros in sales rise boost Show Comments ▼ KCS-content Share whatsappcenter_img whatsapp Thursday 9 December 2010 7:14 pm 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 The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeMagellan 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 NowHealthyGemmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Tags: NULLlast_img read more

Analysts say FTSE could hit 7,000 in 2011

first_img Share Analysts say FTSE could hit 7,000 in 2011 KCS-content whatsapp More From Our Partners Colin Kaepernick to publish book on abolishing the policethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comAstounding 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.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comConnecticut man dies after crashing Harley into live bearnypost.comKansas coach fired for using N-word toward Black playerthegrio.comWhy people are finding dryer sheets in their mailboxesnypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com ANALYSTS are predicting that the FTSE 100 could reach 7,000 points in the next year, with the record high likely to come sooner into 2011 rather than later. With 65 per cent of the FTSE’s revenue coming from overseas, it is in a strong position to gain from global economic growth, regardless of a more pessimistic outlook closer to home in the UK and Eurozone. “Despite headlines of doom and gloom the FTSE 100 is well placed to benefit,” predicted Justin Urquhart-Stewart, marketing director at Seven Investment Management. “There’s about a 40 per cent chance of a 10 per cent rise up to somewhere around 6,666 points,” he continued. “But there’s a 20 per cent chance of a gain up to a high of 7,000 points.” However, according to Urquhart-Stewart the gain is likely to happen earlier in 2011, with greater concern towards the end of the year about where the growth is coming from. Other analysts have also been bullish about the FTSE’s prospects for 2011, with Graham Secker of Morgan Stanley reported as predicting a rise to 7,000 points if economic growth is strong and interest rates remain low.The last time the index rose to close to 7,000 points was in 1999, when it peaked at 6,930.2 at the height of the dot com boom. In 2010 the FTSE just breached 6,000 points on 23 December, before dipping to close at 5996.07 – the highest level it had reached since pre-credit crisis trading in June 2008. Neil Shah of Edison Investment Research was more cautious about the FTSE’s prospects, with the company’s year-end prediction set at 6,400 points, an 8.5 per cent increase on the 2010 final figure of 5,899.94. But even the bearish commentators admitted the index could see bigger gains before a year-end fall. “It’s very possible that it could go higher at some point,” said Shah. “We think this will be a good year for the equity markets and there will be volatility before the year end.” Shah cited inflation as the biggest contributor to the predicted gain. “Equities tend to do well out of inflation, though it’s a delicate balance,” he said. “A little bit is good; too much is not.” Tags: NULL whatsapp Show Comments ▼ Monday 3 January 2011 11:15 pmlast_img read more