Showing posts with label opening. Show all posts
Showing posts with label opening. Show all posts

FTSE falls on opening after earlier rally (AFP)

LONDON (AFP) – London's main stock markets weakened in opening deals on Wednesday, as many investors took profits after hefty gains the previous day.

The FTSE 100 index of top companies shed 0.53 percent to stand at 5,777.93 points.

Shares had jumped higher on Tuesday, helped by a compromise on tax and employment policies between US President Barack Obama and his Republican opponents seen as a boost to the economy.

Dealers said an apparent easing in the eurozone debt crisis and Ireland's draconian 2011 budget added to the positive tone, with miners also boosted by sharp gains for commodity prices.


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FTSE climbs on opening (AFP)

LONDON (AFP) – London shares rose in opening trading on Monday along with stock markets elsewhere in Europe after a positive finish on Wall Street on Friday.

The FTSE climbed 0.26 percent to 5,760.21 points in opening deals.

In Paris the CAC 40 gained 0.21 percent to 3,758.58 points while the Frankfurt DAX advanced 0.32 percent to 6,970.24.


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FTSE slips on opening (AFP)

LONDON (AFP) – London's leading stock market fell slightly in opening trade after strong advances yesterday as investors awaited US jobs data.

The FTSE 100 index fell 0.6 percent at 5,764.17 points in early deals.

Overnight in Tokyo the Nikkei rose 9.80 points to 10,178.32 after a strong showing on Wall Street as the European Central Bank eased eurozone worries by extending stimulus measures.

But gains were expected to be limited with the bank's move largely priced in and investors sticking to the sidelines ahead of US jobs data later Friday.


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FTSE climbs on opening (AFP)

LONDON (AFP) – London's leading stock market rose at the start of trading on Wednesday, tracking overnight gains in Asia as investors await US economic data.

The FTSE 100 index climbed 0.77 percent to 5,571.10 points in early deals.

Japanese shares gained 0.51 percent Wednesday with the negative impact of a stronger yen offset by bargain hunting in major exporters following the previous day's sharp fall, brokers said.

The headline Nikkei index at the Tokyo Stock Exchange rose 51.01 points to close at 9,988.05 as investors waited for a US jobs report and other economic data later this week for trading cues.


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London shares little changed at opening (AFP)

LONDON (AFP) – London's stocks were little changed at the start of trade on Friday with the benchmark FTSE 100 index easing 7.16 points to 5,761.55 at 8:17 am.

Software developer Autonomy was the biggest gainer amongst FTSE stocks, adding 2.00 percent to 1,427 pence, while Sage Group lost the most, shedding 1.30 percent to 265.70 pence.


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Wall St caught in crosswinds, seen opening flat (Reuters)

NEW YORK (Reuters) – Wall Street was caught on Wednesday between signs of improvement in the labor market and concerns about the Federal Reserve's asset purchases and European debt, while a stronger dollar and weaker commodity prices pressured global markets.

Futures ticked higher after U.S. claims for unemployment benefits declined more than expected a week after data showed U.S. employment surged much more than expected in October.

But gains were light as investors continued to chew over Fed's decision to purchase $600 billion in Treasury debt in a bid to spur a sluggish economy, while Ireland's central bank said it would take a closer look at residential mortgages as concern mounted about the country's finances.

Gold and silver exchange-traded funds gained in premarket action as cautious investors were attracted to perceived safe-haven precious metals. The silver ETF rose 4.6 percent to $27.37 while the gold ETF gained 1.3 percent to $137.34.

Rick Meckler, president of investment firm LibertyView Capital Management in New York, said investors were struggling to understand the Fed's action and even seeing it as a "shell game."

"You have a government that is deeply in debt, using a governmental arm to buy back debt in the marketplace," he said. "It's something that is not easily understood by investors, particularly international investors."

S&P 500 futures rose 1.5 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures rose 7 points, and Nasdaq 100 futures added 3 points.

In corporate news, Polo Ralph Lauren Corp (RL.N) reported better-than-expected quarterly profit and again raised its sales outlook for the year, sending shares up 5 percent to $106.

Shares of slot machine maker International Game Technology (IGT.N) dropped 3.5 percent to $15.75 after profits fell slightly short of estimates as demand from its casino customers remained weak.

A Boeing Co (BA.N) 787 test flight made an emergency landing on Tuesday in Texas with smoke in the cabin, the first such incident, putting new scrutiny on the already-delayed program. Boeing shares dropped 1.5 percent to $68.18.

(Reporting by Edward Krudy; editing by Jeffrey Benkoe)


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FTSE inches higher at opening (AFP)

LONDON (AFP) – London's main stock market inched higher at the start of trading on Monday compared with Friday's closing levels, as markets looked ahead to the latest G20 summit.

The benchmark FTSE 100 index rose 0.04 percent to 5,877.73 points.

Vice-finance ministers from the world's 20 biggest economies on Monday began negotiating the wording of a G20 summit declaration for later this week, amid reported sharp divisions on currency and trade issues.

They have convened in southern Seoul where the summit will be held on Thursday and Friday amid tight security.


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FTSE slides at opening (AFP)

LONDON (AFP) – London's stock markets drifted lower in opening deals on Friday, with investors cautious before the publication of vital US economic growth data for the third quarter.

The benchmark FTSE 100 index of top shares eased 0.15 percent to 5,669.65 points.

Later on Friday, at 1230 GMT, investors will focus on the first estimate of third-quarter gross domestic product in the world's biggest economy.

Market expectations are for an expansion of 2.0 percent in the three months to the September after 1.7 percent growth in the second quarter.

Further ahead, next week the US Federal Reserve will deliver its latest monetary policy decision, with hopes moderating for a stimulus measures to boost the nation's economy.

"Today?s release of the third quarter GDP figures will prove to be a big test," said CMC Markets analyst Michael Hewson.

"If the figure comes in considerably better than 2.0 percent, we could well see a dollar bounce on expectations of a reduced stimulus package next week.

"A poor figure, then expect the dollar to fall quite quickly, especially against the yen."


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IN BRIEF: Family paw park celebrates opening

Melody Odell, an employee of Hotel Indigo in Sarasota, has won a Celebrate Service Award from InterContinental Hotels Group for using her skills as a nurse to help an injured guest. IHG celebrated employees at its 4,400 hotels, offices and reservation centers as part of Celebrate Service Week July 26-30. at Hotel Indigo, a guest returned to the hotel limping after a long jog around Bayfront Park. Odell, who is a part-time nurse in addition to working at the hotel’s front desk, got an ice pack and wrapped the woman’s ankle with an ace bandage. The next week, the guest sent the hotel a letter thanking Odell for her actions.

Synovus Bank of Florida has hired Lisa Van Ullen as vice president of wealth management-financial consultant, Synovus Securities, inc. her responsibilities include providing a full range of financial services such as estate and tax planning, investment management, personal trust, insurance services and private banking services, primarily in Manatee and Sarasota counties. She has more than 20 years of experience in wealth management.

BB&T Investment Services has promoted Henry Eller to investment officer. Eller, who joined the bank in 2009, is a licensed investment counselor, based in Sarasota.

John Wideikis, attorney with Berntsson, Ittersagen, Gunderson, Waksler & Wideikis LLP of Murdock and Englewood, has been selected as a Florida Super Lawyers Rising Star. he was selected by an independent panel in the field of real property law. Only 5 percent of practicing attorneys in the state make the list, published by Thomson Reuters.

Olga Weider, an accountant at Christopher, Smith, Leonard, Bristow & Stanell PA, Certified Public Accountants, has passed the exam to become a CPA. She joined CS&L in 2005 and primarily works with the audit team.

Cornerstone Solutions Group, a full service commercial landscape contractor in Bradenton, has added four people to its staff. Chris Lee, account manager, has more than 15 years of experience in lawn and ornamental care and is a certified pest control operator licensed in Florida. Michael Willard, account manager, brings an extensive knowledge of golf course maintenance and plant material. Chris Rogers, project manager/business development, previously worked on projects with Universal Studios, Walt Disney World and Sea World. he has extensive experience with arbor care, including the relocation of large trees. Wanda Miranda, executive administrative assistant, will be responsible for proposal preparation and new employee screening.

Aimi Jackson, of Bradenton, has joined Kforce inc. of Tampa as project coordinator at the National Recruiting Center. Kforce is a professional staffing service. Jackson is also working toward her Bachelor of Science at the University of South Florida.

Attorney John Ervin has joined the Sarasota firm of Livingston, Patterson, Strickland & Siegel PA. he earned his J.D. cum laude from University of Maine in 2007 and his Master of Laws in taxation from the University of Florida in 2008. Ervin’s focus will be tax and business law.

RS&H, a facilities and infrastructure consulting firm, has hired Richard Tillery as a senior transportation planner at its Sarasota office. he has more than 14 years of experience in travel demand modeling, long-range transportation and mobility planning, and transit modeling. Tillery is certified with the American Institute of Certified Planners.

Financial consultant Richard Field is now associated with Professional Benefits inc., an investment service and benefits administration firm in Sarasota. Field, a financial consultant for 17 years, is fully licensed to handle stocks, bonds, mutual funds, options, retirement plans, annuities and life and health insurance. PB specializes in income planning for retirement.

The Charlotte County Commission has appointed Hazel Crouch, owner of Place in the Sun, to the Charlotte County Tourist Development Council. her term will end in May 2012. Julie Mathis, executive director of the Charlotte County Chamber of Commerce, was reappointed to a four-year term ending in June 2014. Crouch has owned and managed Place in the Sun, a vacation rentals and home management company in Charlotte County, since 2003. Mathis has served as the council’s chairwoman since November 2008 and has been a member for 10 years. The council oversees the use of tourist development tax money collected within the county and provides guidance to the Charlotte Harbor Visitor & Convention Bureau.

Jo Dvorak has joined Cabot Reserve on the Green as administrator. Cabot Reserve is a 60-bed nonprofit assisted living community in Sarasota owned by Family Extended Care of Miami. Dvorak brings more than 30 years of management and marketing experience to her new position, with her last 12 years spent working in assisted living communities in Sarasota.

Thomas Luzier, a shareholder in the Sarasota-based law firm Dunlap & Moran, has been certified in real estate by the Florida Board of Legal Specialization and Education. Luzier’s practice covers a variety of real estate and business transactional matters, focusing on the representation of individual and institutional clients on all phases of buying, financing, selling and leasing residential and commercial property.

The Punta Gorda Chapter of the American Business Women’s Association re-elected its board of directors for a second term at a meeting July 28. Past president Randy Ann Bechtel installed the slate: Andrea Carroll, president; Virginia Vaughn, vice president; Marge Szmania, secretary; and Peggy Wilbur, treasurer. The chapter raises money for scholarships for local students and works to expand business and educational opportunities for its members.

Cutting Loose Salon, Pamper Lounge and AfterHours by Cutting Loose have filled two key staff positions. Tracey Rider joins the team as general manager, bringing numerous years of experience in salon management. April Piana, who also has many years of experience, will focus on eyebrow design, skin balancing and natural nourishing dermal treatments.

Matthew Borland has joined Take Care Private Duty Home Health Care’s Sarasota office staff as project manager to spearhead the continued development of best business practices. he was previously an accounts payable lead for a worldwide travel company in Boston.

Webster University has promoted two employees at its Sarasota Metropolitan Campus. Cindy Saunders, who joined Webster in 2007 as campus manager, has been promoted to assistant director. Rebecca Rathburn, an administrative assistant since April 2009, is now campus manager.

Dixie Southern, a custom steel fabricator in Duette, has hired Eugene Sweet as senior sales and marketing manager and Calvin Bennett III as quality manager. Sweet has more than 25 years of domestic and international sales and marketing experience in the chemical, filters, agriculture, wind and solar markets. Bennett comes to Dixie Southern from Ceradyne Thermal Materials, where he served as senior process engineer.

Dustin Kilduff, a student at the University of South Florida College of Business in Sarasota, is working as an intern at the Raymond James Financial Services office on Gatewood Drive in Lakewood Ranch. “Dustin will be learning the financial services industry from the ground up,” said Jim Zientara, branch manager. Kilduff was born and raised in Bradenton and graduated from Lakewood Ranch High School in 2005. he is working toward his bachelor’s degree in finance.

A group of 27 emerging and experienced community leaders graduated this month in the third class of the Gulf Coast Leadership Institute, a comprehensive leadership development program created and funded by the Gulf Coast Community Foundation of Venice. In exchange for their training, the participants have committed to use their newly gained skills for the long-term benefit of their community. The graduates of the 2010 Gulf Coast Leadership Institute are: David Blehar, chief financial officer, Senior Friendship Centers; Veronica Brady, senior vice president, SunTrust Bank; Andrew Britton, attorney, Britton Law Office; Christopher Cogan, CEO and managing director, Area 32 Ventures; John Cox, sheriff’s deputy and director of Police Athletic League of Sarasota County; Corinne Deckard, assistant managing director, Asolo Repertory Theatre; Anne Garlington, wealth advisor and regional sales manager, Comerica Wealth Management; TinaRae Gregoire, executive director, Achievements Learning Centers; Michael Hartley, vice president, DKE inc.; Marilyn Harwell, retired book publisher; Susan Hoffman, editor, Sun Coast Media Group/The Arcadian; Kent Kirschner, CEO, the Media Maquiladora; Susan Kosko, portfolio manager, Northern Trust Bank; Dave Lowell, general manager; Ram Marine Services; Michael Mansfield, executive director, Charlotte County Habitat for Humanity; Giovanna McGrath, consultant, program coordinator for Gulf Coast Leadership Institute; Lisa Merritt, executive director, Multicultural Health Institute; Jonathon Phelps, president, Corin Bay Real Estate; Matthew Rheingans, attorney/president, Law Office of Matthew Rheingans PA; Michael Scott, development director, Sarasota Ballet of Florida; Warren Simonds, vice president and CMO, Willis a. Smith Construction; Bridget Spiess, Realtor, Re/Max Alliance Group; Craig Tiernan, financial adviser, Wells Fargo Advisors; Jean Trammell, president, The Venice Company; Jennifer Tucker, Healthy Communities coordinator, South County Family YMCA; David Ursel, speech language pathologist, Sarasota County School Board; and Gayle Williams, president/owner, Vision PR & Marketing.

Jenifer Schembri has been hired as a new principal at the Manatee County law firm of Blalock Walters. She is board certified by the Florida Bar in tax law, received her Master of Laws in taxation with honors from the University of Florida, and is also a certified public accountant. Schembri will head up the firm’s new tax law practice.

Thomas Hoppman has joined the Piana Acupuncture and Wellness Center in Sarasota as a licensed massage therapist. his other certifications/degrees include neuromuscular therapy, Qigong and Tai Chi.

Cornerstone Solutions Group awarded its Caught in the Act of Caring Award for June to Michael Willard of the Bradenton office. he exemplifies outstanding customer service and attention to detail with every customer.

IN BRIEF: Family paw park celebrates opening


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