Hints and tips:
...Corporate earnings reports out today include Harmonic Drive Systems, Takashimaya and OSG....
...“This new leadership structure affirms and strengthens the inherent power of our integrated global investment platform with $242 billion of total assets under management across Credit, Private Equity and...
...Gold, which is sensitive to US interest rate expectations was down 0.3 per cent on Thursday at $1,242.06 an ounce....
...That’s the highest since 2009, but is still far behind that year’s total, which was 242....
...Japanese benchmark 10 year government bonds – another popular haven – were slightly firmer on Friday with yields, which move opposite to price, down 0.2 basis points to 0.242 per cent....
...“We are very happy with the restructuring at OSG,” says Wilbur Ross, who is among OSG’s creditors. “The combination of the Jones Act and shale gas has been phenomenal.”...
...on.ft.com/1fL8THZ Emerging Markets MSCI Emerging Market Index up +0.07% at 1,006 Europe FTSE down +0.11% at 6,456 RTS up +0.14% at 1,430 Warsaw Wig down -0.54% at 50,705 FTSE 300 Eurotop down -0.01% at 1,242...
...Secondly, it has required a global footprint; the company says that 85 million of its 242 million registered users are active....
...In China alone, domestic trading volumes jumped 423 per cent from 2008 to 2009, while volumes rose 242 per cent in India and by 111 per cent in South Korea....
...Volumes rose 242 per cent in India and 111 per cent in South Korea. About two-thirds of trading volumes were comprised of government securities....
...Pre-tax losses narrowed from £592,000 to £242,000. Losses per share narrowed from 2.16p to 0.47p per share....
...So the US had a good head start, and accounts for the lion’s share of assets under management in exchange traded products – $793.6bn against $242.6bn for Europe and $64.1bn for Asia....
...The FTSE Eurofirst 300 index touched a high of 1,242.9 but closed up just 0.58 points, or 0.1 per cent, at 1,238.7. Analysts saw rosy prospects for future growth....
...The FTSE Eurofirst 300 rose 0.2 per cent to 1,242.64. Ahold was among the biggest gainers in the index, rising 7 per cent to €6.97....
...Centrica fell 2.1 per cent to 242½p....
...By the close, the Dow Jones Industrial Average and the S&P 500 rose 0.8 per cent to 10,242.47 and 1,162.10, respectively. The Nasdaq Composite rose 1 per cent to 1,150.78....
...On Wall Street, the Dow Jones Industrial Average index closed 0.8 per cent higher at 10.242.47, meaning it had rebounded roughly 2.5 per cent from an intraday low of 10,000.46 on April 20....
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