Lou Gutheil

The anticipated Alibaba IPO is about to become a reality. We now know that it will take place on 18 September, that only “friends and family” will be able to purchase on that date before public trading commences on the NYSE the following day, and that the company’s ticker symbol will be BABA (NYSE:BABA). We […]

Laura Ashley Holdings (LSE:ALY) reported a 14.9% increase in pre-tax profits for the first half ending 26 July. That is news that is fit to print, even if the print is floral. Laura Ashley shares increase by as much as 11% in early trading and are still up nearly 7.0% at 3:00 pm. The company, […]

The shaking of BP’s share price (LSE:BP.) was almost seismic as it fell from 486.15 at 3:13 pm to 461.83 just nine minutes later, before closing at 455.00, a decline of 5.94% on the day. You could almost tell how long it took to read the 153-page judgment handed down by U.S. District Court Judge […]

London’s own leader in the sharing economy, JUST EAT (LSE:JE.), was given initial coverage today by U.S. broker, Jefferies. Jefferies rated JUST EAT as a “buy.” That ignited a sharp increase in the JUST EAT share price, currently up more than 10% to 298.20. JUST EAT is the world’s largest online marketplace for restaurant delivery […]

We advocate a “buy and hold” strategy. It’s really what investing is all about. You can take all of the stock market axioms, e.g., “By low, sell high,” and file them under “Advice that no one ever listens to, because they get too emotionally involved.” One of the reasons for that penchant for ignoring that […]

“Splish! Splash! I was taking a bath ‘long about a Saturday night.” That was Bobby Darin, and the year was 1958. Today, the “Splish! Splash!” you are hearing is the splash being made by Splunk’s share price (NASDAQ:SPLK) after the company issued it second quarter financial statement. Splunk shares are trading at 52.64, 16.23% higher […]

When Lending Club first went online in 2007 it is unlikely that many expected that it would have loaned more that $5 billion dollars within seven years or that it would be going public in that same time frame. $1.8 billion of that total was raised in the first six months of 2014. The company […]

The share price of ASOS (LSE:ASC) has taken a dramatic upturn today, reaching 2,763.00 by 2:30 this afternoon, a rather phenomenal 17.7% increase from yesterday’s closing price of 2,348.00. Perhaps the most interesting fact about the sudden turnaround in share price is that the company hasn’t done anything to motivate investor interest. Unless you consider rumors to […]

The share price of Circle Oil (LSE:COP) jumped nearly 30% today on the news of a major oil find about 120 km off the coast of Tunisia. Shares closed Monday at 17.75. Institutional investors took most of the gain in pre-trading following the announcement, with Circle’s shares opening today at 21.75, gaining modestly throughout the […]

The financial world waited nervously for Fed Chairwoman Janet Yellen’s speech in Jackson Hole, Wyoming today. The anticipation and tension was felt, as it is every month, in markets around the globe as investors expectations increased as the time drew closer for her to share her insights into the economy and the actions that the […]