Tag Archives: year

Britain’s FTSE sets new 13 year high on Bernanke testimony

LONDON, May 22 (Reuters) – Growth sensitive sectors drove Britain’s top share index to fresh 13 year highs, receiving a boost after the top U.S. central banker reaffirmed his commitment to continued…

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Britain’s FTSE scales new 5-1/2 year peaks

LONDON, May 20 (Reuters) – Britain’s top share index rose to fresh 5-1/2 year peaks on Monday, spurred on by robust economic data from the United States and Japan, with technical analysts…

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Banks lift Britain’s FTSE to 5-1/2 year highs

LONDON, May 17 (Reuters) – Britain’s top share index hit fresh five and a half year highs on Friday, as banks were buoyed by an upgrade, the prospect of the end of state ownership in the sector and…

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Lloyds Chairman Bischoff to retire in coming year

LONDON (Reuters) – Lloyds Banking Group Plc said its chairman Win Bischoff would retire in the next year having overseen the rebuilding of Britain’s biggest retail bank following a 2008 government rescue.

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Wall Street Week Ahead: ‘Sell in May and Go Away?’ Not This Year

NEW YORK (Reuters) – With the Dow and the S&P 500 setting another string of record closing highs this week, the old Wall Street adage “Sell in May and Go Away” is starting to look weak.

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UK’s FTSE edges up to new 5-1/2 year highs

LONDON, May 9 (Reuters) – Britain’s top share index edged up to fresh peaks on Thursday, with the market at a five-and-a-half year high, and traders said a backdrop of central bank support would keep…

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Loeb’s Third Point up 10.5 pct for year through April -letter

NEW YORK, May 6 (Reuters) – Daniel Loeb’s flagship hedge fund gained 1.4 percent in April, pushing returns to 10.5 percent for the year, according to an investor note reviewed by Reuters.

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UPDATE 2-AB InBev cuts Brazil outlook after weak start to year

* Shares down 3 pct, among weakest of European blue chips (Adds financial director, analyst comments, shares)

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Goldman Sachs CEO Blankfein pay fell to $13.3 million last year

NEW YORK (Reuters) – Goldman Sachs Group Inc Chief Executive Lloyd Blankfein received $ 13.3 million in compensation last year, an 18 percent drop from his pay in 2011, according to a securities filing on Friday.

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Why You Won’t Be Audited This Year

Those worried about suffering the tax equivalent of a root canal may be in luck this year. Thanks to budget cuts, the chances of getting audited will be even slimmer than normal.

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