Ashtead Group Plc, the U.K. equipment rental company that gets most of its sales from the Sunbelt unit in the U.S., rose to a record after saying full- year profit will exceed its forecasts as homebuilding rebounds.
Robert Walters Plc fell the most in almost six months after the recruitment company said there were no signs that “challenging” market conditions will improve in 2013. Hays Plc and Michael Page International Plc also declined.
Money can be dull. There are only so many denominations, and only so many ways to make it. What’s interesting are the people who risk it, and over the past four decades no one has made more of a spectacle of risk than George Soros, whose Quantum fund famously bet $10 billion that the Bank of England would be forced to devalue the pound. Soros earned $1 billion on that trade and incalculable legend points.
Aggreko Plc, the world’s largest provider of mobile power supplies, slumped the most in more than 10 years, wiping more than 1.2 billion pounds ($2 billion) off its market value, after saying earnings will be “slightly lower” next year because of slowing demand in emerging markets.