Hints and tips:
...The Big Three are on course to control 40 per cent of the votes in American corporations in a couple of decades....
...Snap’s largest age group is Americans aged 18 to 24. More than 60 per cent of its users live in the top 10 advertising markets, its filing to the Securities and Exchange Commission said....
...Gold is back in demand amid increasing concerns over the health of the global economy and the ability of central banks to engineer a recovery....
...The Atlanta-based company said volumes of sparkling beverages in the North American market fell 1 per cent during the quarter....
...The scandal follows last year’s collapse of broker MF Global (Financial Times)....
...Global’s collapse....
...Shares in the CME Group tumbled 8.6 per cent to $251.88 on Tuesday, as the biggest US exchange business by market capitalisation was caught up in the collapse of broker-dealer MF Global ....
...But MF Global’s collapse did not cause widespread contagion....
...MF Global believes views on possible monetary policy actions, particularly in the US, will leave the gold price volatile in the short term, and sees a fall towards $1,750 an ounce over the next couple of...
...Despite the positive start to the earnings season, investors have switched focus to the macroeconomic outlook, said Nick Kalivas, vice-president of financial research at MF Global....
...Bullion is up 0.2 per cent to $1,231 an ounce. Follow Global Market Overview on Twitter: @telisdemos (Jamie Chisholm is on holiday)...
...TalkTalk, formerly Carphone Warehouse’s telecoms arm, fell 2.3 per cent to 135¾p after MF Global dismissed takeover speculation....
...Todd Colvin, vice-president of MF Global, the financial derivatives brokerage, said the market was now focused on the third-quarter earnings season, which begins this week....
...“The jobless figures were abysmal,” said John Brady, senior vice-president at MF Global. “We’re now in a malevolent cycle and the risk is that the government will have to issue even more debt....
...MF Global said C&W might “take a leaf out of Carphone Warehouse’s book” and give notice to split the business by mid-2010....
...MF Global and Newedge, two of the world’s biggest futures brokers, have become exchange members, saying they were responding to customer demand....
...The changes to FTSE indices on Monday will generate demand from tracker funds for about £700m of Barclays shares, MF Global said....
...Andrew Brenner, co-head of structured products and emerging markets at MF Global, said: “It feels like no one wants to take anyone’s credit…it feels like we are on a precipice.”...
...Tobias Woerner, a mining analyst at MF Global Securities, said Rio’s filing for a Cloud Peak Energy flotation could be seen as a sign that the group was struggling to sell its coal division....
...They will begin trading under the ticker “V” on the New York Stock Exchange on Wednesday....
...Shares in MF Global fell on their first day of trading on the New York Stock Exchange....
...The American Stock Exchange airline index was 5.2 per cent higher at a new 52-week high....
...The American Stock Exchange airline index was 5.7 per cent higher at a new 52-week high....
...The Democrats also argue that the anti-American sentiment outside the US arising from Mr Bush's decision to invade Iraq has tarnished US brands in the eyes of global consumers....
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