Royal Bank Of Scotland Share Discussion Threads

[ramco] 01/5/2013 13:58

High-Speed Traders Exploit Loophole.

[ramco] 01/5/2013 13:50

"There Will Be Haircuts," says Bill Gross (BOND), though for U.S. citizens maybe not as overt as what befell Cyprus depositors. "Trimming the bangs," "The Don Draper," "The Uncle Same Cut," and the "Dobbins" are the symbolic names Gross gives to bland stuff like negative real rates, inflation, and capital controls.

[ramco] 01/5/2013 13:42

Auto sales are being driven higher by a recovery in the housing market and the wealth effect of a percolating stock market just as much (if not more) than pent-up demand, according to analysts. The average age of vehicles on the road has actually increased to 11.2 years from 10.8 years, giving some indication that perhaps "hundreds of thousands" of units need to be replaced. What to watch: All the major automakers report April U.S. sales numbers today with expectations running high that milder weather and new models on the market boosted sales.

[ramco] 01/5/2013 13:41

April ADP Jobs Report: +119K vs. +155K consensus, 158K prior

More on the ADP jobs miss: In addition to April coming up 36K short, March was revised down to 131K from 158K. S&P 500 futures remain flat. Treasurys (TLT) erase their sizable early losses, and are now up a hair.

[dope007] 01/5/2013 13:20

Oops again I see

[fewdollarsmore] 01/5/2013 12:40

Just thumps up Mikeran's post - I am a semi regular visitor to this board and find it one of the best on ADVFN.

You will be missed Leeds.

[dope007] 01/5/2013 12:20

Picks up?

Are they taking the micky?

It shrank again. More garbage headlines from the pen pushers

[jazza] 01/5/2013 12:13

"UK Manufacturing PMI Picks Up in April"


LONDON--The U.K.'s manufacturing sector picked up in April, boosted by upbeat export orders and improved output levels, the latest manufacturing purchasing managers index showed Wednesday.

The monthly survey compiled by data firm Markit and the Chartered Institute of Purchasing & Supply rose to 49.8 in April from March's 48.6. While it remains just below the key 50 level which separates expansion from contraction, it shows the sector is beginning to stabilize after shrinking in the previous two months.

[shaws37] 01/5/2013 11:07

post votes have returned

[avatar333] 01/5/2013 10:46

I note the 'thumbs up' feature has returned.

[mikeran] 01/5/2013 10:39

PS i do agree with you on HFT and the algo. system use. or misuse.

[leedskier] 01/5/2013 09:47

For a glance of the UK's current and projected budget deficit (not to be confused with long term borrowing aka debt).

[leedskier] 01/5/2013 09:25

Western European countries think they are inflicting austerity on their voters to reduce budget deficits and long term debt ... but if they were serious they would look to the way the Baltic countries have slashed and burned to reign in budget deficits and debt whilst maintaining growth. In the case of this little country slashing pensions by 50% back in 2009 helped ;

[dope007] 01/5/2013 08:35

More poor data from China today, but what the hell, buy, buy, buy ;)

[leedskier] 01/5/2013 07:53

1 May 2013 | 07:06am
StockMarketWire.com - Nationwide said today the price of a typical home declined by 0.1% between March and April, but was 0.9% higher than April 2012.

The typical UK home is now worth £165,586.

Robert Gardner, Nationwide's Chief Economist, said:

"House prices were little changed in April, declining by 0.1%compared to March after taking account of usual seasonal effects. Nevertheless, there is some evidence that activity and prices have gained some momentum in recent months.

"The three month on three month measure of house prices, which is a smoother measure of the underlying trend, has been in positive territory since October last year. The annual rate of house price growth also remained in positive territory, with prices 0.9% higher than April 2012.

"Similarly, the number of mortgage approvals has edged up from the levels prevailing last year and there are reasons for optimism that activity levels will continue to strengthen in the months ahead. Tentative signs of a pickup in activity, especially amongst first time buyers.

Mortgage approvals for house purchases averaged just over 53,000 per month in the first quarter of 2013, up from an average of 51,000 per month in 2012. House purchase lending was also up 4% year-on-year in the first two months of the year, boosted by higher levels of lending to first time buyers (which was up 18% at £2bn).

Indeed, first time buyers accounted for 43% of house purchase loans in February, the highest proportion since the series began in April 2005 (excluding March 2012 which was artificially inflated due to the ending of the stamp duty holiday).

Policy measures focused on increasing the availability and lowering the cost of credit, should continue to provide support. Indeed, the Bank of England's Funding for Lending Scheme (FLS) has already helped to drive mortgage rates down towards new all time lows (as shown below) and has recently been extended to run for another year (to January 2015).

[leedskier] 01/5/2013 07:46

1 May 2013 | 07:38am
StockMarketWire.com - Commenting on the latest Bank of England figures on business lending, John Longworth, Director General of the British Chambers of Commerce (BCC) said:

"Although it is encouraging that lending to small businesses rose slightly in March, UK firms are clearly operating in a challenging credit environment. The new look Funding for Lending Scheme must work to rectify this and ensure that the money reaches fast-growing and relatively new firms, who continue to struggle to secure the credit they need.

"This is part of a wider problem around business finance. There has been a lot of talk around the Business Bank but it must be delivered with the sort of urgency and scale required for it to be a true player, and not a pretender, in the lending market. While not competing with commercial banks, the Business Bank should work towards plugging the gap in access to higher risk finance that so many firms are unable to cross."

[leedskier] 01/5/2013 07:17

In France it is Fête du Travail, which many may think requires a suspension of disbelief.

[leedskier] 01/5/2013 06:46

1 May 2013 | 06:43am
StockMarketWire.com - PRE-OPEN REPORT: The headline index is tipped to open modestly higher this morning, according to financial websites, with investors cautious ahead of the ECB meeting tomorrow which may decide on a rate cut.

US & ASIA

In the US last night, the Dow rose 21 points to 14,840, the Nasdaq Composite gained 22 points at 3,329 and the S&P500 added 4 points at 1,598.

In Asia today, the Nikkei was recently down 55 points at 13,804, while the Hong Kong markets are closed for a public holiday.

WTI crude oil traded at $93.12 a barrel and Brent crude at $102.37.

Gold settled at $1,475 an ounce.

LONDON MARKETS

In the corporate diary today, interim results are due from Avon Rubber and Kofax .

Final results are scheduled from Development Securities and Home Retail Group.

Trading statements are expected from Antofagasta, Carillion, Henderson Group, Kerry Group, Meggitt, Next and Weir Group.

Aga Rangemaster Group, Alkane Energy, Core VCT, DP Poland, European Real Estate Inv Trust, GlaxoSmithKline, JPMorgan American Inv Trust, Kerry Group, Ladbrokes, Lancashire Holdings, Meggitt, Novae Group, Rapid Realisations Fund, Spirent Communications, Stanley Gibbons Group and Weir Group host their AGMs.

Story provided by StockMarketWire.com

[leedskier] 01/5/2013 06:38

1 May 2013 | 06:24am
StockMarketWire.com - A brief summary of Wednesday's main business headlines... Extensive coverage of BoE focus, Apple bond sale, Eurozone jobless, Lloyds, BP, ENRC....

FINANCIAL TIMES

Chinese manufacturing growth slows - Data provide fresh evidence of economic weakness

Fed weighs tighter cap on bank leverage - Move would provide Basel III backstop

Apple cleans up with $17bn US bond issue - Strong investor demand for six-part debt sale

Japanese shoppers loosen purse strings - Abenomics push to boost growth starts to take effect

UBS strategy shift bolsters profits - Bank beats forecasts after focusing on wealth management

Eurozone jobless rate up as inflation falls

Unilever increases control over Indian unit

Yahoo pays Mayer $36m for six months - Award comes as group revamps remuneration goals

Elysée to auction 10th of wine cellar - Amid climate of austerity, sale to include 1990 Petrus Bordeaux estimated at €2,200 a bottle

Distress of Europe's anti-austerity left - Centre-left parties struggle to fulfill their historic mission

BP faces 2,200 Deepwater lawsuits - Profits beat expectations despite lower production after disposals

Suspended trader in Apple order probe

UK regulator probes ENRC takeover

Ford to open showroom in Myanmar

SoftBank defends $20bn Sprint Nextel bid

LEX COLUMN: Apple: taste for bonds - Despite orders topping $50bn, there are reasons to be cautious

US banks: breaking up is hard to do - Too-big-to-fail legislation lacks traction

Avon: cosmetic effect - Sales remedy will take more than a year

Unilever: trekking to Hindustan - Anglo-Dutch company's shareholders deserve explanation for expensive deal

SoftBank: Sprint finish - Japanese telco's energetic dealmaker determined to close deal

Deutsche vs UBS: head-to-head - Of the two European banks, one is clearly the better bet

BP: beyond Deepwater Horizon - There is a great turnround story inside the UK oil company fighting to get out

Alibaba / Sina: Aliboptimistic - Investors should be wary of the latest Chinese internet tie-up

THE TIMES

Treasury ready to sell bank stakes at a loss

Don't derail recovery, Chancellor tells Bank

Investors flock to Apple for cash giveaway

Best Buy hangs up on Carphone partnership

DAILY TELEGRAPH

FTSE 100 achieves longest ever winning streak

Speed up action against Fred Goodwin, Cable tells prosecutors

Apple to break borrowing record with bond

Sorrell collects £17m but WPP agrees cuts to pay

Eurozone risks Japan-style trap

Focus on short-term growth, Osborne tells FPC

Mexico cracks down on Carlos Slim's dominance

'Inevitable' energy crisis raises risk for Centrica

BP receives 2,200 new Gulf suits in 60 days

Carphone gains as Best Buy quits Europe

Lloyds profits jump after toxic losses fall

Rise in lending boosts recovery hopes

ENRC's annual report is full of laughs - for all the wrong reasons

German beer sales slump

Cineworld facing OFT probe over Picturehouse

Letta rejects austerity

Airlines hit out at Heathrow charges

Gold buyers forced to go on waiting list

Analysts fuel Invensys bid hopes

Questor: Greggs not yet a tasty proposition - Avoid

THE INDEPENDENT

WPP's Sir Martin Sorrell pockets £17m despite pay cut

Eurozone jobless rise raises hopes of rate cut

Revealed: How L&G fought to nail the fat cats

Spain shrinks for seventh quarter

Revenue rise across board for Stagecoach

City jobs dearth hits Harvey Nash

Asos executives in line for big payouts as profits soar

Prices set to rise as buyers latch on to cheaper mortgage offers

UBS back in the black in first quarter

Roll-your-own tobacco dents Imperial

Market Report: Scandal-hit ENRC falls deeper into hole

THE GUARDIAN

Osborne warns Bank of England over economic recovery plans

Competition investigation into Cineworld takeover of Picturehouse

Euro unemployment hits new high

Post Office workers announce new strike over plan to close 70 branches

Investors snap up Apple debt

Lloyds profits up as bad debts fall

Asos launches ventures in Russia and China as profits leap 19%

Poor old Sorrell gets maximum payout cut from £33m to £19m

Gulf damages weigh on BP's profits

Costa breaks through £1bn sales mark

ENRC faces inquiry over sale of subsidiary

Whitbread plans 12,000 jobs

CAA seeks airport charge reduction

Story provided by StockMarketWire.com

[ramco] 01/5/2013 01:53

When's the next offering ...;

[smurfy2001] 30/4/2013 22:35

Crazy, Jobs would not be happy with this...