Markets
London - The FTSE 100 added 33.08 points to close at 5,358.17 on Friday. Shire jumped 4.6% after an increase in earnings. Anglo American slipped as raw materials fell and it announced it would skip dividends for a second year. This morning the FTSE slips 3.24 points to 5,354.93. Bunzl leads the risers’ board after releasing its full year results.

Posted: February 22nd, 2010 under Asset Management.
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Last year we reported the ECJ decision to allow a worker who is on sick leave during a period of pre-booked annual leave to reclaim that annual leave and take it at another time, potentially carrying the entitlement over to a subsequent leave year if necessary.
However, the case was in direct conflict with the UK [...]

Posted: February 19th, 2010 under Employment/HR.
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Markets

New York - US stocks rose for the third successive session yesterday. Data through out the day was mixed, but investors focused on the positive news. Government reports showing higher-than-expected weekly applications for jobless insurance and higher producer prices in January were more than offset by data showing gains in the Philadelphia Fed’s business activity index and a 10th straight monthly rise in the Conference Board’s index of leading economic indicators. The Dow Jones gained 83.66 points to 10,392.90, the S&P 500 climbed 7.24 points to 1,106.75 and the Nasdaq rose 15.42 points to 2,241.71.

Posted: February 19th, 2010 under Asset Management.
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Markets
London - The FTSE 100 gained 32.58 points to close at 5,276.64 yesterday. Financial companies were among the biggest winners. Barclays advanced almost 3% after analysts recommended the stock. Man Group jumped 5.2% as its flagship fund advanced and investors speculated the company may become a takeover target. This morning the blue chip index slips 8.2 points to 5,268.44. BAE Systems leads the risers, up 3%, after swinging to a loss in 2009. However, the defence company said it expects three of its four units to grow this year.

Posted: February 18th, 2010 under AML Information.
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Markets
London - The FTSE 100 jumped 76.59 points to 5,244.06 yesterday. Barclays led the advance after reporting profit that beat analyst’s estimates. Royal Bank of Scotland was also among the biggest winners after JPMorgan Chase agreed to buy the non-US units of RBS Sempra Commodities. Anglo American rose 3.8% after agreeing to sell parts of its Tarmac building materials unit. This morning the FTSE advances 23.18 points to 5,267.24.

Posted: February 17th, 2010 under AML Information.
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