Archive for October, 2006

FTSE still looking to break 6000

October 2, 2006

  
By the end of last week, the FTSE 1000 breached the 6000 barrier several times, but by Friday’s crucial close failed to finish on top.
 
Last week’s occasional highs are being received as a movement after a summer lull for markets across the globe.
 
However, analysts will not be happy until the sometime records become a more [...]

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US Morning call

October 2, 2006

Third quarter
A retrospective look at the 2006 third quarter today has seen widespread optimism for global holdings since the summer’s earlier dip.
There is speculation that the third quarter stock bounce-back will put global offerings on track for a record by the end of the year.
Global stock indexes are also showing six-year highs following a May/June [...]

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LSE takeover on the table again

October 2, 2006

 This week sees the end of a six-month moratorium which has prevented New York-based stock exchange Nasdaq from bidding for the London Stock Exchange (LSE), in which it has a 25.3 per cent stake.
The Takeover Panel ban follows the LSE’s rebuff of its March takeover bid of 950p-a-share.
However, the US exchange is widely rumoured to [...]

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