Betfair to launch its own trading system

first_img Show Comments ▼ whatsapp whatsapp Tags: NULL KCS-content Betfair to launch its own trading system center_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndo Share More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com Sunday 15 August 2010 10:21 pm ONLINE gambling group Betfair is gearing up to launch a trading platform in London later this year, becoming the latest in a line of companies to compete with the London Stock Exchange. Following approval from the FSA at the end of July, developers are working to complete the platform based on Betfair’s existing gambling programmes, funded by start-up capital from Betfair. The multilateral trading facility will allow investors to exchange contracts for difference, which provide exposure to a company without owning the shares. Goldman Sachs recently bought a 12.5 per cent stake in the LMAX venture for an undisclosed sum, though Betfair remains the majority owner. Betfair first moved into financial trading in 2008, when it launched a spin-off website called Tradefair, parts of which have been subsumed under the LMAX name. The platform will be one of a growing number of junior exchanges in the City that have sprung up since pan-European regulation opened the market to competition in 2007.American exchange operator NYSE Euronext launched a London branch in July, aimed at overseas investors who would benefit from a “much broader, more diverse and more liquid investor pool than on many of our competitors”.Multilateral trading facilities such as Chi-X and BATS have flourished in recent years as profits at the mainstream exchange struggled. The LSE cut 13 per cent of its staff in May in a bid to minimise costs. The group took a majority share in the Turquoise multilateral trading facility in February, alongside Barclays, Nomura and JP Morgan. last_img read more

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RSM Tenon in profit boost

first_img whatsapp whatsapp ACCOUNTANCY?firm RSM Tenon posted a 37 per cent increase in full-year adjusted pre-tax profit yesterday, thanks to two acquisitions. The accountancy and advisory firm, which moved to London’s main market in May, said adjusted pre-tax profit was £24.1m, up from £17.6m a year ago.It raised its dividend by seven per cent to 1.6p per share.The company bought professional services firm RSM Bentley Jennison for about £76m in December 2009 and some assets of Vantis for up to £6.8m in June. RSM Tenon chief executive Andy Raynor said the business had been “stable” and that the firms it had dealt with were weathering the storm.He said the economy still faced challenges but that he was confident his clients remained “ambitious, tough and resilient”.Meanwhile, turnover rose 26 per cent to £190.4m. Net debt at the end of June rose £22m to £43.1m from a year ago. RSM Tenon said it increased its bank facilities by £36.5m to £80.5m in the year.Raynor said: “Organic sales growth and margin improvements are now our key aims for 2011 and 2012.”He added: “Our acquisitions have been prudent and helped us. Overall companies have been surviving despite the economic problems and have been neither helped nor hindered by the government.”RSM Tenon is the UK’s seventh largest accounting firm and has offices across Britain and has a workforce of more than 3,000.The company’s shares have risen by some 55 per cent since late-June and are at near ten-month highs, but yesterday the stock closed five per cent down at 56p. RSM Tenon in profit boost 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 ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily Proof Sharecenter_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 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.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Wednesday 22 September 2010 7:48 pm KCS-content Show Comments ▼ Tags: NULLlast_img read more

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Inflexion in £25.5m buyout of Asperity

first_img whatsapp Share Thursday 2 December 2010 7:10 pm KCS-content MID-MARKET private equity house Inflexion acquired Asperity Employee Benefits in a £25.5m buyout yesterday.Asperity, a market leader at providing employee benefits such as discount and reward schemes, has more than 500 clients including BSkyB, Aviva and Ladbrokes and attracts about £150m of retail spend through its platform each year.Inflexion co-founder John Hartz said Asperity was attractive due to its double-digit growth performance through the recession. The deal would support Asperity’s UK expansion plans and give it the firepower to make new acquisitions. “We have already started looking,” he said. Inflexion’s Simon Turner and Christian Hamilton will join the board while Asperity co-founder Glenn Elliott stays managing director. whatsapp Inflexion in £25.5m buyout of Asperity Tags: NULL More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comWhy people are finding dryer sheets in their mailboxesnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Show Comments ▼last_img read more

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N&P admits it is in bid talks

first_img N&P admits it is in bid talks Share Tags: NULL Show Comments ▼ 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 A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald KCS-content center_img MUTUALLY owned lender Norwich & Peterborough (N&P) Building Society yesterday said it was keeping its options open after receiving approaches about a possible merger or capital injection.The 152-year old lender, which has around 1,000 employees, said it had received “a number of expressions of interest,” but did not disclose who they came from. Thursday 16 December 2010 8:32 pm whatsapp 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.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org whatsapplast_img read more

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Google delays its TV sets

first_img Google delays its TV sets 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 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 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 NowHealthyGem 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 ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof GOOGLE has asked manufacturers to delay the launch of TV sets based on the internet company’s software.Google sent out word to some hardware makers last week asking them not to announce additional products yet, saying the delay may allow the company to improve its software.However, Samsung Electronics will go ahead with its launch of Google TV products at the Consumer Electronics Show in Las Vegas in early January.Google did not immediately reply to an email seeking comment.TVs with Google’s software let viewers surf the Web directly from TV sets. Apple has a competing device, Apple TV, which allows users to watch their iTunes collection on TV. The initial Google TV devices are offered by Sony and Logitech. center_img Monday 20 December 2010 7:41 pm Share Show Comments ▼ whatsapp KCS-content last_img read more

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Panmure sees a recovery in Britain and US

first_img whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org KCS-content whatsapp 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 AthletesBetterBeAlphaCute30 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 ▼ STOCKBROKER Panmure Gordon has drawn a line under a tough first six months of 2010 to report a “significant improvement” in trading in the second half, it said yesterday.Its businesses on both sides of the Atlantic had reported operating profits despite “continued challenging trading conditions”, it said.The update will hearten investors after a torrid first half in which total income shrank to £17.1m, from £28.4m the previous year, and it posted a £6.05m pre-tax loss.It also vindicates Panmure’s rebuttal of an unsolicited takeover bid from larger rival Evolution Securities last September on the grounds that it was independently successful.Panmure chief executive Tim Linacre said that while he felt the results could still improve, Panmure “had a better end to 2010 than we had expected or feared” and “ended the year with more momentum than expected.”Linacre said the year had been “a long hard slog” and he anticipated a further slow start to 2011 as a spike in corporate debt refinancing and the effect of the government’s austerity measures hold back the market. The US business performance was “encouraging” but “we hope to see a much better performance in 2011,” he added.Panmure’s UK second-half performance bounced as it completed a number of client fundraising, M&A advisory and restructuring transactions. It also won 22 new corporate clients over the year, taking its total roster to 73. Its US investment banking business also took off, generating full-year revenue of more than five times that recorded in the first half of the year.“Both the UK and the US investment banking businesses have a good pipeline of deals for 2011,” it said. center_img Wednesday 5 January 2011 7:58 pm Share Panmure sees a recovery in Britain and US Tags: NULLlast_img read more

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BHP and Rio investors go cool on deals

first_img Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe 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 HeraldLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia BHP and Rio investors go cool on deals INVESTORS have written to BHP Billiton and Rio Tinto to say the miners should ditch ambitions for mega deals in favour of multi-billion pound share buyback schemes or higher dividends.The shareholders have asked for commitments from the group’s boards that they use their strong balance sheets to return cash to investors.The investors are said to have moved to pre-empt another spate of deals in the mining sector that analysts and investment bankers have predicted.Some shareholders have told the companies they were prepared to vote down the re-election of key board members if they did not agree to the commitments.BHP, the world’s largest miner, scrapped a hostile offer for Canadian fertiliser maker Potash in November and revived a $4.2bn (£2.6bn) share buyback.Over the last five years the company has returned $25.7bn to shareholders in dividends and buybacks.Rio is in talks with Africa-focused coal miner Riversdale over an agreed $3.9bn bid.BHP and Rio both declined to comment. KCS-content whatsapp Sharecenter_img whatsapp Sunday 30 January 2011 10:57 pm Show Comments ▼ More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comConnecticut man dies after crashing Harley into live bearnypost.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.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comlast_img read more

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What the other papers say this morning

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 ItZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 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 What the other papers say this morning Share KCS-content Wednesday 9 February 2011 8:47 pm FINANCIAL TIMESTPG LOSES ANOTHER SENIOR ASIA EXECUTIVEMary Ma, a Chinese executive at TPG Capital, is leaving to start a fund, joining other mainland executives from western buy-out firms who will start out on their own. Ma, former chief financial officer of Lenovo, joined TPG’s Asia team as managing director and a partner in 2007.EX-REGULATOR CALLS FOR RETURN OF BANK DIVIDENDSWeak banks and those in receipt of state aid must be allowed to resume dividend payments while they build their capital reserves or the broader economy will suffer, a former top US bank regulator has warned. “Preventing profitable banks from paying reasonable dividends impedes bank lending and economic growth,” Bill Isaac, former US Federal Deposit Insurance Corporation chairman, said.INVESTORS SIGNAL APPETITE FOR GREEN BANK PLANNick Clegg will on Thursday seek to thrash out an agreement on the size and scope of the green investment bank as a clutch of Britain’s biggest institutional investors write to David Cameron signalling they would be willing to invest in the government’s flagship initiative. Investors representing over £500bn in assets told the prime minister that they would have appetite for green investment bank bonds.BAD FORECASTS HURT BANK’S REPUTATIONAusterity, snow and banks’ health have all perturbed economic forecasters this past year. Many complain they now also have a rather erratic central bank to deal with. It is impossible to find respected economists who believe the conspiracy theory that the Bank of England’s monetary policy committee is deliberately trying to inflate away Britain’s debts.THE TIMESTAXPAYER FACES LOSSES ON BANK’S MONEY-PRINTING SCHEMEThe Bank of England is at risk of recording billions of pounds of losses on its money-printing scheme as government bond values sink, according to analysts. Estimated profits on the Bank’s holdings of UK government bonds, or gilts, have fallen from £26 billion in August last year to £10 billion today, according to research by Henderson Global Investors.FOUNDERS TO MAKE £60M AS WILLIAMS TRIES TO HARNESS POWER OF THE PLCThe founders of Williams Grand Prix will make up to £60 million when it becomes the first Formula One team to float its shares. Sir Frank Williams said that the team would be valued at about €265 million (£225 million) after its stock market listing early next month.The Daily TelegraphSKY JOINS FORCES WITH HBO TO MAKE SECOND SERIES OF STRIKE BACKBSkyB is to make its first co-production with the American cable network HBO/Cinemax, in a deal thought to be worth over £10m. The agreement will see Sky’s SAS drama Strike Back, made by the independent production company Left Bank Pictures, return for an extended second series of 10 episodes.QE SAFEGUARDED 3M AMERICAN JOBS, SAYS FEDERAL RESERVE CHIEF BEN BERNANKEThe Federal Reserve’s quantitative easing programme may have safeguarded 3m jobs in the US, Ben Bernanke told Congress, as he also sought to dismiss concerns about the threat of inflation. The central bank’s chairman said that recent work research at the Fed suggested that the two rounds of QE have provided real support to the country’s jobs market.THE WALL STREET JOURNALHEDGE FUNDS HURT BY BETS AGAINST EUROThe euro’s gyrations this year have taken hedge funds by surprise, saddling some of the biggest names in the currency markets with losses. FX Concepts, an $8 billion currency-focused hedge fund in New York, struggled with losses as Europe’s shared currency unexpectedly surged last month. OIL-DRILLING BOOM UNDER WAYOil-drilling activity in the U.S. has accelerated to a pace not seen in a generation as energy companies, oilfield contractors and landowners rush to exploit newly profitable sources of crude. The number of rigs aiming for oil in the U.S. is the highest since at least 1987, according to Baker Hughes Inc. The 818 rigs tallied last week are nearly double last year’s count. whatsapp whatsapp Show Comments ▼ Tags: NULLlast_img read more

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Rio Tinto profit soars

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryPost Fun25 Worst Movies Ever, According To Rotten TomatoesPost Funzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comMoneyWise.comThe Worst College In Every US State, RankedMoneyWise.comTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastPast FactoryThis 1960’s TV Quiz Is Stumping Everyone!Past Factorygazillions.comCelebrities Side By Side With Their Younger Selvesgazillions.comNext RefinanceThis Is Why The Roy Rogers Museum Has Been Closed For GoodNext Refinance Share 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 ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut John Dunne whatsapp whatsappcenter_img Show Comments ▼ Thursday 10 February 2011 2:50 am Global miner Rio Tinto surprised investors by more than doubling its full-year dividend and promising to return $5bn (£3bn) to shareholders by 2012, looking to soak up bumper cashflows after it reported a record second-half profit.After whittling down a $40bn mountain of debt the company said it was in strong shape to take advantage of any other opportunities that might arise, even after returning all that cash to shareholders.“I was pleasantly surprised by the share buyback. It was definitely in the top end of what I thought they would do. It was a good result,” said Brendan James, portfolio manager at Perennial Growth.Rio Tinto Chief Executive Tom Albanese said economic growth in emerging markets combined with supply constraints meant the market and pricing outlook for commodities remained positive, but warned that the risks were “elevated”.“In particular, the timing and speed at which post-global financial crisis stimulus packages are removed have the potential to generate both volatility and substantial swings in commodity prices,” he said.Rio Tinto said it would continue to focus on its expansion projects, after approving $12bn worth of work in 2010.“Rio Tinto is reinvigorated, running strong and benefiting from favourable markets,” Albanese said. Rio Tinto profit soars Tags: NULLlast_img read more

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Westfield meets expectations

first_img whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe 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 ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndo Westfield meets expectations KCS-content Westfield Group, one of the world’s largest shopping mall operators, delivered 2010 earnings in line with expectations amid improving global retail markets, but said it was too early to ramp up existing plans for new development investment of up to A$1bn (£622m) a year. 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 Wrapcenter_img Wednesday 16 February 2011 7:40 pm Show Comments ▼ whatsapp Share Tags: NULLlast_img read more

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