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Archive for June 2nd, 2010
Markets
Wednesday, June 2nd, 2010BP: No end in sight
Wednesday, June 2nd, 20106 weeks ago the rig blew, and since then the share price has fallen a third, the oil is still gushing, and the US is getting… »
Pensions
Wednesday, June 2nd, 2010The black hole in developed world countries is of concern. How can it be… »
The 2010 Global Forum
Wednesday, June 2nd, 2010Organised by CNN/Time/Fortune and sponsored by Investec Asset Management, it’s coming to Cape town on 26-28 June. And it’s… »
RESULTS: Peregrine
Wednesday, June 2nd, 2010A bounce back of note, but off a low base and driven by markets. What… »
New vehicle sales surge 35% y/y in May
Wednesday, June 2nd, 2010New vehicle sales surged 35% year- on-year in May due to the “exceptional revival in sales of new cars and commercial vehicles”, the National Association of Automobile Manufacturers of South Africa (NAAMSA) said on Wednesday.
Naamsa, a body that represents car manufacturers, said aggregate industry sales grew to 39,176 year on… »
Peregrine Hldgs HEPS up 267% to 124.4c (3)
Wednesday, June 2nd, 2010Wealth and asset management group Peregrine Holdings (PGR) on Wednesday reported a 267% increase in headline earnings per share from 33.9 cents to 124.4 cents for the year ended March.
Headline earnings were up 265% at 266.5 million rand.
This was despite a 10% decline… »
RISKWATCH: Global demand to be a challenge
Wednesday, June 2nd, 2010In contrast to the declines in sentiment measures, components with direct reference to the real economy, showed continued improvement in April. New sales orders rose to 56.2 index points from 54.8 index points in March, whilst suppliers’ performance rose to 55.9 index points from 52.4 in March.
Even more encouraging was the more… »
RISKWATCH: Global demand to be a challenge
Wednesday, June 2nd, 2010In contrast to the declines in sentiment measures, components with direct reference to the real economy, showed continued improvement in April. New sales orders rose to 56.2 index points from 54.8 index points in March, whilst suppliers’ performance rose to 55.9 index points from 52.4 in March.
Even more encouraging was the more… »
Is it a Bear market?
Wednesday, June 2nd, 2010June 1, 2010 — Is it a Bear market? With a return of -38.49%, 2008 marked the worst year for the S&P 500 since 1937 (-38.59%). Also in 2008, looking at volatility, there have been more 5% moves since September 29, 2008, than in the prior 53 years of the Index. Although the market was… »




