Jul 24 2014 @ 12:08
Just one look at the chart and you will see why all the ballyhoo about the botched Facebook (
NASDAQ:FB) IPO was really “Much Ado About Nothing.” As of this very moment, Facebook’s share price of $76.37 is almost exactly double its IPO share price of $38.23 on 28 May 2012 and more than quadruple it […]
Jul 23 2014 @ 15:51
Investors responded enthusiastically today to the announcement of the preliminary results for Renishaw’s (
LSE:RSW) fiscal year ending 30 June 2014. Recording both record quarterly and annual revenues along with a 17% increase in pretax profits sent the Renishaw share price through the roof with an incredible 22.52% (331.00 pence) increase to 1,801.00. Even before the […]
Jul 23 2014 @ 15:40
The share price of BHP Billiton (
LSE:BLT) reached its highest peak since 19 February 2013, closing at 2,066, up 0.58% on the day after having reached 2,084 early this morning after the markets opened. A remarkably exceptional annual production report help to boost the BHP share price. When we are talking about a 0.58% increase in […]
Jul 22 2014 @ 11:29
The share price of ARM Holdings (
LSE:ARM) (
NASDAQ:ARMH) jumped 5.88% today to 882.50, helping to prop up the FTSE, following the publication of its results for the second quarter and first half of 2014. Let me say right from the start that I am a fan of ARM Holdings, from a strategic investment and operational […]
Jul 21 2014 @ 16:37
It would not be a surprise to see a short-term decline in a number of fast food brand stocks, especially following what happened today in China, which probably contributed to declines today for Yum Brands (NYSE-YUM) and McDonald’s (
NYSE:MCD) share prices. Several decades ago I was having a business dinner with a number of associates […]
Jul 18 2014 @ 11:20
We don’t need a bevy of analysts to explain to us that we are deep into another stock market bubble. The markets’ body language tells the whole story. Traders are exhibiting the emotional traits that typically precede the bubble bursting. It’s a blend of giddiness and fear and the anxiety that comes with knowing that […]
Jul 17 2014 @ 13:19
A spike in activities in the media sector has been leaving its mark on the stock markets today, as it appears that we may be headed toward a new round of mergers, acquisitions and divestitures led by no less than media magnate Rupert Murdoch. ITV’s share price (
LSE:ITV) opened at 201.00, up from 183.80. Time Warner’s share […]
Jul 17 2014 @ 10:40
Mattel (
NASDAQ:MAT) is the biggest toy manufacturer in the world. Perhaps I should clarify. Mattel doesn’t build the biggest toys in the world; it is the biggest manufacturer of toys in the world with a market cap of $12.31 billion, annual sales of $7.1 billion, and 28,000 employees. In the mid to late 1990s, Mattel […]
Jul 16 2014 @ 10:04
You have got to wonder if the Obama administration is out to get Tesla (
NASDAQ:TSLA) founder Elon Musk. Following remarks by Fed Chairwoman Janet Yellen, Tesla’s share price plunged to 219.58 from it’s previous close of 226.45 on 14 July. It may be difficult to prove that Yellen’s ineptness caused the significant reduction in the […]
Jul 14 2014 @ 11:52
There’s no doubt about it. Persistence can pay off. AbbVie (
NYSE:ABBV) has been courting Shire plc (
LSE:SHP) for some time now with takeover proposals, all of which Shire has shunned. The board of Shire has now reported that it is willing to recommend ABBV’s latest offer of £53.2 per share in cash and stock. Shire’s share […]