May 10 2013 @ 11:03
Yet another hurdle cleared this week as the UK flagship index went on to make a decisive breach of 6,600. The bulls are loving it, already eyeing up the pre-crisis highs of 6,760 and then even those of 6,940 before the dot.com bust. What has taken the FTSE up another 100 points during this shortened […]
May 09 2013 @ 10:06
Sony Corporation (
NYSE:SNE) has turned in lackluster performance over the five years since 2008, failing to find the right combination of product and operating vitality necessary to pull it out of the doldrums it got stuck in during the global financial crisis. Whilst one might not be impressed see Sony’s share price decline 1.4% to […]
May 09 2013 @ 06:12
Espírito Santo Investment Bank The Portuguese Investment Bank, Espirito Santo Investment Bank reported on the results performed by Spanish telecommunications company Telefonica (BOV: VIVT4), in the first quarter of this year. Telefónica Brazil, the Brazilian arm of the Spanish company, increased its net revenues in 2.9%. The Investment Bank’s report says that the Telefonica Brazil had...
May 08 2013 @ 09:44
We’re only at midweek, but traders are celebrating on selling floors around the world as the leading indexes continue to rise to lofty and, in some cases, record highs. The Footsie 100 closed up 35.8 points yesterday to reach its highest point since December 2007. The Nikkei Index broke past the 14,000 mark to 14,180 […]
May 08 2013 @ 02:37
Market timing is difficult. Actually it’s not difficult, it’s impossible. To find out why, read my Premium Newsletter: Value Investing – How To Get Rich Slow.
May 07 2013 @ 09:14
Okay. I admit it. We’ve been hard on HSBC (
LSE:HSBA) this past 12 months. In fact, I gave them a pretty strong poke in the eye just two weeks ago today on 23 April, when I berated them for their treatment of the “little people.” And I was a wee bit sarcastic about them about […]
Apr 30 2013 @ 02:51
May is soon upon us and then we will see if the markets will crash as they have for the last few years. If they do we will then buy, if they don’t we will start buying. It’s a simple strategy… try and miss a likely correction. Subscribe to Clem’s Premium Newsletter: Value Investing – […]
Apr 24 2013 @ 16:01
Down from €1,425 million in 2012 to €564 million in 2013 Daimler AG (stock-exchange symbol DAI) achieved earnings below the prior-year level in the first three months of 2013. The Daimler Group posted first-quarter EBIT of €917 million (Q1 2012: €2,098 million). Net profit amounted to €564 million (Q1 2012: €1,425 million). Earnings per share […]
Apr 22 2013 @ 08:51
Monthly report by ratings agency Fitch sees LG Electronics downgraded to BBB- Fitch Ratings has published the latest edition of its Asia-Pacific monthly newsletter. The ‘Asia-Pacific Monthly’ is one of the most viewed reports on the Fitch website. In March, Fitch became the first international rating agency to upgrade the Philippines to Investment Grade (Fitch […]
Apr 19 2013 @ 09:20
“Reputation is an idle and most false imposition; OFT got without merit, and lost without deserving.” ~ William Shakespeare The share price of GlaxoSmithKline (
LSE:GSK) plunged 12.0 pence to 1646.0 by mid-afternoon following allegations by the Office of Fair Trading (OFT) that GSK may have illegally delayed the introduction of generic drugs in order to […]