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  • DAUGHTERS JOIN DADS FOR GALA FUNDRAISER

    first_img Show Comments ▼ More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller 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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI 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.org KCS-content whatsapp whatsapp IF THE remaining doubters needed proof that the City has opened its arms wide to the talents and potential of the fairer sex, look no further. The Mansion House yesterday evening played host to hundreds of guests for the latest gala fundraiser for Lord Mayor Nick Anstee’s charity Appeal: a dinner specifically for the fathers and daughters of the City.Business and banking grandees thronging the ornate halls included Robert Swannell, newly-appointed as the incoming chairman of Marks & Spencer (the event’s main sponsor, though Swannell himself assured me that his presence there was mere coincidence and that he has not yet stepped out to officially represent the retailer for the first time). Completing the “supermarket sweep” were Sainsbury’s boss Justin King and his daughter Briony and Tesco’s Sir Terry Leahy with his daughter Katie; while the banking contingent was represented by a selection of the City’s most celebrated rainmakers, including Credit Suisse’s Russell Chambers and Bank of America Merrill Lynch’s co-head of corporate broking Mark Astaire. Astaire was joined at the event by his daughter Emma and former veteran colleague Matthew Greenburgh, who quit the City earlier this year to go back to university.MONEY MATTERSMany of the attendees were involved with planning the event, which committee members said was the original brainchild of the Lord Mayor’s Appeal chairman Donald Brydon, also chair of Royal Mail.On the committee were London Stock Exchange chairman Chris Gibson-Smith and Dame Clara Furse, the exchange’s former chief executive. “I’d urge you all to have a good look at the auction lots,” Furse told the guests as dinner was served. “Daughters, this really is the point at which you should take your fathers shopping…”None heeded that advice more soundly than Briony King, who managed to persuade father Justin to stump up a healthy £16,000 for a bespoke portrait of herself and her brother by painter Johnny Jonas. Also digging deep for a worthy cause – the charitable work of the London Symphony Orchestra and the Cricket Foundation – were Finsbury PR founder Roland Rudd, who bought a box for 18 at the O2 to see Shakira in concert; and Dame Clara and Robert Swannell, who snapped up work experience for their progenies at Deutsche Bank and the London Symphony Orchestra respectively.A DOLLAR A MINUTEAll that giving certainly did not disappoint the event organisers who managed to raise an astonishing £200,000 on the evening, net of expenses – in no small part thanks to the hard graft of master auctioneer Nick Bonham.Bonham kicked off the proceedings by auctioning off the highest-denomination banknote ever printed – 100 trillion dollars.“Of course, it’s worthless – they’re Zimbabwean dollars,” Bonham chuckled. The note eventually went for £2,000, a sterling feat indeed. center_img Monday 6 September 2010 8:19 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal 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 TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Share DAUGHTERS JOIN DADS FOR GALA FUNDRAISER Tags: NULLlast_img read more

  • New EU rules on short sales trade in myth

    first_img The European Union’s new proposals on short selling address a practice that supposedly contributed to recent financial crises. But there is still too much misunderstanding of short selling, and these wide new powers bring dangers of their own.It is easy to point the finger of blame at those who borrow shares they believe will fall and buy them back at a profit. Finding short sellers at the scene of every disaster, naïve observers confuse correlation with causation, and ignore the valuable service provided in the early discovery of overvalued stock.Politicians attacked short sellers as “spivs” after HBOS shares plunged in 2008, leading to a takeover by Lloyds. But it soon emerged that borrowed stock, a clear measure of short selling, was just three per cent of available shares, a level typical for the UK. The Lehman bankruptcy report by Anton Valukas this March found that Lehman’s available liquidity and the actions of its senior executives and auditor were central to its collapse –?yet former Lehman CEO Richard Fuld wrongly blamed short sellers and sought a naked short selling ban before bankruptcy was filed.Short selling was actively involved in a market collapse this May, but that was because the German government banned some kinds of short selling overnight. Billions were wiped off the major European indices, with the FTSE falling 2.8 per cent. The new EU regulations restrict such “rogue” actions at a national level. But if the result is pan-European bans of uncertain length, it will be scant comfort.There’s little evidence that bans help. Research on the SEC’s 2008 ban by Ekkehar Boehmer, Charles Jones and Xiaoyan Zhang (2009) found no clear evidence that it helped stem a collapse in share prices. Alessandro Beber and Marco Pagano (2010) looked across all the global bans and concluded “the overall evidence indicates that short-selling bans have at best left stock prices unaffected, and at worst may have contributed to their decline.”Despite the eagerness of many to blame the messenger, short sellers spot companies with real problems. Cracking down on them won’t make these problems go away –?they will just take longer to become public.AT A GLANCE | EUROPEAN SHORT SELLING PROPOSALSIf the European parliament and 27member states agree, the two laws to reform short-selling and derivatives will come into effect in 2012. Negotiations with countries and lawmakers, however, could water down the rules.Commission officials want to introduce standardisation to the derivatives markets such as interest-rate swaps that bet on borrowing rates. This would make trading more transparent and easier to move from over-the-counter to exchanges, where it can be easily monitored.The rules will ask derivative traders to use clearing houses which provide a safety net in the event of a collapse like Lehman Brothers, by stepping in should either buyer or seller to a trade go bust.The proposals make it mandatory to report all trading to central data banks or repositories, which will make it possible for regulators to keep tabs on the marketIndustrial companies will be given exemptions, provided their use of derivatives does not pass a threshold that will be set up the new European supervisor.All trades involving short-selling will be flagged as such. Smaller short positions will be shown to the regulators while traders will be obliged to publicly post big short positions – where the value tops 0.5 per cent of the market value of the company concerned.If a seller cannot close a short sale after four days by coming up with the assets he promised to sell, the regulator can force him to pay the buyer cash instead. A fine can also be imposed.The markets watchdog will also be able to prohibit short-selling for three months at a time. Regulators can also impose a one-day ban if the price of a financial instrument suddenly dips.The rules also introduce tight controls for “naked” short selling, when sellers have not arranged to borrow the assets such as company stock they promised to sell. New EU rules on short sales trade in myth 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.comPeople-TodayWoman Files For Divorce After Seeing This PhotoPeople-Today Share Tags: NULL Wednesday 15 September 2010 8:51 pm whatsapp Show Comments ▼ KCS-content last_img read more

  • World Bank attacks US currency policy

    first_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 PastSerendipity 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.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald World Bank attacks US currency policy Tags: NULL John Dunne whatsapp whatsappcenter_img Tuesday 19 October 2010 3:22 am Show Comments ▼ More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com Surging capital inflows threaten Asia’s economic stability, the World Bank has warned, a day after US treasury secretary Timothy Geithner sought to draw the venom from a global row over currencies by vowing not to devalue the dollar.The World Bank buttressed the argument made by China and others that US policies are sending a wave of cash flowing into higher-yielding emerging markets, undermining their export competitiveness and pumping up inflation and asset bubbles.“We are seeing an effort by developing East Asia to deal with the large amounts of liquidity driven in very large part by the monetary policy easing in the United States,” Vikram Nehru, the bank’s chief economist for Asia-Pacific, told reporters in Tokyo.Nehru, presenting a semi-annual report, urged policymakers to learn the lessons of the 1997/98 Asian financial crisis, when an influx of footloose global capital inflated property and equity prices, only for them to collapse when the money flows reversed.“The authorities in East Asia need to take adequate precautions to ensure that they do not repeat the same mistake twice in slightly over a decade,” the report said.While capital controls were not very effective in controlling long-term investment flows, Asian countries had an array of instruments to deal with rising inflows, the World Bank said.“If this liquidity abundance is sustained and increases, I think they are going have to take further action,” Nehru said.Thailand introduced a withholding tax on foreign purchases of government bonds last week, and Brazil on Monday increased an existing tax on foreign bond buyers to 6 percent from 4 percent.Foreign investors in Brazil will also have to pay more tax to trade currency derivatives, blamed in part for driving up the real, the country’s currency, to a two-year high.“Our objective is to reduce foreign investment into Brazil,” Finance Minister Guido Mantega told reporters in Sao Paulo.Strains over the constellation of exchange rates needed to put global growth on a more solid, sustainable footing are likely to dominate a meeting of finance ministers of the Group of 20 major economies in South Korea starting on Friday.The dispute boils down essentially to the exchange rate of the yuan, also known as the renminbi.The United States, supported by most economists, believes Beijing is unfairly holding the yuan down to give its exporters an advantage in global markets.This is causing a broader misalignment of global currencies, Washington contends, because other developing countries are reluctant to lose competitiveness versus China by permitting their own currencies to appreciate in isolation. Sharelast_img read more

  • Paddy Power hires 500 staff in Dublin

    first_img Show Comments ▼ 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 Wrap Paddy Power hires 500 staff in Dublin whatsapp Wednesday 17 November 2010 7:51 pm Share KCS-content center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For Lifemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthWolf & ShepherdNFL Star Rob Gronkowski Loves These ShoesWolf & ShepherdTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute IRISH bookmaker Paddy has announced the creation of 500 new jobs at its Dublin headquarters, as its revenues rose.The chain said it saw net revenues in the last three months climb 17 per cent in the UK and 70 per cent in Australia. However in the Irish Republic they were up only nine per cent as gambling in the cash strapped country fell off. Irish business minister, Batt O’Keeffe. said: “Paddy Power is now a major Irish employer and today’s announcement will bring the firm’s workforce here to more than 2,200.” “Paddy Power’s rapid international expansion has direct revenue benefits for the Irish Exchequer.” The company said it would create a further 640 jobs in the UK and Australia by 2013. Tags: NULL whatsapplast_img read more

  • US sues BP for $21bn in fresh Gulf spill lawsuit

    first_img Show Comments ▼ More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Wednesday 15 December 2010 9:09 pm whatsapp US sues BP for $21bn in fresh Gulf spill lawsuit Sharecenter_img KCS-content whatsapp THE US government said yesterday it would sue BP for $21bn (£13.5bn) alongside four other companies tied to the Gulf of Mexico oil spill in August, for violating US environmental laws, in the opening salvo in what will likely be a lengthy legal battle.If successful the damages from the lawsuit would be on top of the $20bn that BP has already agreed to pay into a fund to compensate people on the Gulf coast who have suffered financially because of the spill. The final damages figure depends on the US government’s ability to prove gross negligence.The lawsuit seeks damages from BP, Transocean, Anadarko Petroleum Corp, Mitsui & Co unit MOEX and Transocean’s insurer Lloyds of London for their roles in the worst oil spill in US history.The US Justice Department asked a federal judge in New Orleans overseeing the litigation related to the oil spill to hold the companies liable, except for Lloyds, for unlimited damages, beyond the $75m cap under the US Oil Pollution Act.BP said the lawsuit was “solely a statement of the government’s allegations and does not in any manner constitute any finding of liability or any judicial finding that the allegations have merit”. Also yesterday, BP said it was examining a possible sale of its Canadian natural-gas liquids business as it seeks to raise up to $30bn to pay for its Gulf of Mexico oil spill. The unit, which includes pipelines and processing stations, could go for $2bn. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal 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 AthletesBetterBeUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndo Tags: NULLlast_img read more

  • BEST OF THE BROKERS

    first_img whatsapp Share BEST OF THE BROKERS Show Comments ▼ whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.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.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comWhy people are finding dryer sheets in their mailboxesnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Tags: NULL Monday 17 January 2011 7:10 pm BOVIS HOMESUBS rates the housebuilder “neutral” and has increased its target price from 401p to 430p. The broker has lifted its earnings per share forecasts after better than expected margins in the firm’s trading update, and believes Bovis can deliver better returns in the long-term. Returns growth at Bovis is below the sector average, it adds.VIRGIN MEDIADeutsche Bank has downgraded the media group to “hold” with a target price of £17.25. The broker is concerned about the firm’s need to refocus on mobile sales to compensate for a tougher cable and broadband market this year with competition from BT and YouView, but approves of Virgin’s wider business momentum.AFRICAN BARRICK GOLDMorgan Stanley rates the miner “overweight” and has lifted its target price from 673p to 750p. The broker has upgraded its long-term gold price forecasts by 21 per cent, in turn raising its earnings forecasts for the miner by nine per cent in 2011. It expects the firm to show increased exploration in its update this week. KCS-content last_img read more

  • SEC gives US shareholders the right to vote on exec pay

    first_imgWednesday 26 January 2011 8:55 pm SEC gives US shareholders the right to vote on exec pay Show Comments ▼ THE UNITED States has granted shareholders a say on executive pay as part of efforts to scrutinise corporate America in the wake of the financial crisis. The US Securities and Exchange Commission (SEC) voted 3-2 to require shareholders to make an advisory vote every three years on directors’ pay at companies with a public float of more than $75m (£47.3m). Investors will also get more information and the chance to vote on “golden parachute” pay-outs awarded to executives during mergers or after a resignation, as part of a corporate governance overhaul under the Dodd-Frank Act that was enacted in July. The rules will apply to around 9,000 US-based companies. However, more than 1,500 firms with a float of less than $75m have been exempted from the regulations until at least 2013. Some companies including Microsoft, Apple and Verizon have already voluntarily adopted say-on-pay proposals, following widespread protests about director pay and bonuses during the recession. The UK first gave shareholders say-on-pay rights in 2002 following the Cadbury Report. The SEC has also passed rules that will force hedge funds to reveal some details of their trading, assets and leverage. MARK TAYLORCHARLES STANLEY THE advisers to a group whose share price has literally halved in a few months will inevitably feel a touch under pressure.In Rotala’s case the institution charged with helping reverse that situation is Charles Stanley, which has advised the company since taking over from Blue Oar in 2008. Yesterday the firm’s analyst Peter Ainsworth praised Rotala’s Preston Bus acquisition, saying it expanded the firm’s operations significantly, and it issued a target price of 44p, well above the shares’ current miserable levels.The man most under pressure at Charles Stanley is Mark Taylor, head of corporate finance, whose job it is to resurrect some investment demand for the stock.Taylor joined Charles Stanley in 2002 having previously been a Director of Corporate Finance at Teather & Greenwood. Prior to joining Teather & Greenwood, he qualified as a chartered accountant with Price Waterhouse and latterly worked in Price Waterhouse’s Corporate Finance Global Technology Team. Yesterday Taylor said was organising roadshows.Rotala does not retain an external public relations company. With Gunn saying things like: “One day, somebody will believe in us,” it may not be long before that changes. whatsapp Share KCS-content center_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search AdsUndo whatsapp Tags: NULL More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.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.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orglast_img read more

  • House prices dip in January

    first_imgTuesday 1 February 2011 3:34 am Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily 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 ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tags: NULL whatsapp John Dunne House prices dipped by 0.1 per cent in January survey from the Nationwide building society.It meant the average UK home cost just over £161,600.The Nationwide forecast that house prices would stay static during 2011.Nationwide chief economist Robert Gardner said: “The property market entered 2011 with a whimper rather than a bang.“The outlook is still highly uncertain, but the most likely outcome is that the pattern of low transaction levels and prices moving sideways or modestly lower will continue through 2011.” center_img Show Comments ▼ whatsapp Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solution House prices dip in January last_img read more

  • BHP Billiton in £39bn expansion plan

    first_img whatsapp Share John Dunne Read This Next’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap4 ideal Zion Williamson trade scenarios from the New Orleans PelicansSportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapRick Leventhal to Exit Fox News Just as His Wife Kelly Leaves ‘RealThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’In the Heights’ Underwhelms at Box Office With $11.4 Million DebutThe WrapJason Whitlock, Former ESPN and Fox Sports Reporter, Resurfaces at BlazeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap 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 PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Show Comments ▼ whatsappcenter_img Wednesday 16 February 2011 2:42 am BHP Billiton in £39bn expansion plan Tags: NULL BHP Billiton, the world’s biggest miner, plans to pour $80bn (£49bn) into expansions over the next five years rather than chase ambitious takeovers, after nearly doubling first-half profits to a record on booming demand for iron ore and copper.The Anglo-Australian company, which is cash rich, also said it would more than double its share buyback to $10bn, to be completed this year.“The biggest surprise is the commitment to spend $80bn over the next five years,” said James Bruce, portfolio manager at Perpetual Investments, one of BHP’s top 10 Australian shareholders.“We think this demonstrates the challenges that the industry is having satisfying rising demand, while replacing declining production from mature operations,” he said.Spurred by strong demand from China and India, BHP and its main competitors Rio Tinto and Xstrata plan to spend more than $110bn on expansion projects over the next five years. In 2011, the companies will target more iron ore and coal capacity in Western Australia and more copper capacity in Mongolia, Chile and Peru.BHP Chief Executive Marius Kloppers, speaking after the miner announced net profit for the July-December period of $10.7bn, said the firm’s acquisition sights were on very large assets. But because there were not many available, the preference was to spend on expansions, he said.Deals were getting too hard to pull off, Kloppers added, referring to three big deals BHP had to ditch over the past three years, including its $39bn bid for top global fertiliser maker Potash Corp last year.“In addition, where we currently stand in the commodity price cycle probably has increased price expectations for those assets,” Kloppers told analysts.“Hence, our focus and some of my peers with other companies … is to emphasise that as one looks at a buy versus build equation, the clear opportunity for us is to continue to invest money in our organic portfolio.” last_img read more

  • BEST OF THE BROKERS

    first_img Show Comments ▼ BEST OF THE BROKERS More From Our Partners Police 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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org WPPCiti rates the marketing group “buy /medium risk” with a target price of 950p. The broker has downgraded its 2011-12 forecasts by one to three per cent thanks to currency movements, but still expects organic growth of 5.6 per cent this year once the firm gets through the traditional “mid-year doldrums”. Citi says WPP remains a cheap play on global advertising strength, though believes rival Publicis has more short-term catalysts.AMECEvolution Securities has downgraded the energy services firm to “add” from “buy” with a target price of £13.50. The broker expects delays to UK plans to build 11 new nuclear reactors over the next 15 years in the wake of the Japanese earthquake, hammering AMEC’s nuclear expansion. However, Evo adds that nuclear power only accounted for nine per cent of AMEC sector revenue in 2010 and that the shares remain good value.ASHMOREPeel Hunt rates the investment manager “buy” with a target price of 410p. The broker thinks Ashmore’s recent expansion into emerging markets is a sensible long-term move, though expects immediate benefits to be modest. Peel Hunt has kept its 2011 forecasts unchanged, but has hiked its 2012 earnings per share forecast by five per cent to 28.8p, supported by the firm’s purchase of a stake in Emerging Markets Management. whatsapp Share center_img whatsapp Monday 14 March 2011 8:25 pm KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia Tags: NULLlast_img read more