Jun 25 2014 @ 17:36
The U.S. economy suffered a 2.9% decline in GDP during the first quarter of 2014. Whilst that statement on its own is bad enough, it is even worse when we understand that it is the worst quarterly performance since the first quarter of 2009, which, by the way, was the first quarter of Barack Obama’s […]
Jun 24 2014 @ 09:37
The share price of Imagination Technologies (
LSE:IMG) has gained 17.21 pence, an increase of 7.37%, as at 2:45 pm today. Shares are currently trading at 250.71, well above the stock’s 50, 100, and 200 day moving average. Investors received news this morning that full-year company revenues as of 30 April 2014 were up by 13% […]
Jun 23 2014 @ 09:47
This year has not been particularly good to the share price of Asos (
LSE:ASC). Its share price has declined by more than 50% since February after having reached 7,200. Asos shares closed at 1,752 on Friday, June 20th, only to be followed five hours later by a fire in the company’s main distribution center in […]
Jun 22 2014 @ 10:39
It’s not often that the general public knows ahead of time that $21 million worth of shares in three major corporations are about to be sold. However, on Saturday the Presbyterian Church U.S.A (PCUSA) announced that it will be selling all of its shares in Caterpillar (
NYSE:CAT), Hewlett Packard (
NYSE:HPQ), and Motorola Solutions (
NYSE:MSI). According […]
Jun 20 2014 @ 14:00
Sometimes is amazes me how many ways that are to play the competition game. I can understand tactics like “If you can’t beat ’em, join ’em,” new product offerings or slashing prices. But there is something very wrong when crying like a baby is the best card you have to play. Such is the case […]
Jun 20 2014 @ 09:50
If only there were more space in the title line, I could have said, “Shire Shares Soar Sixteen Percent and Six Hundred Twenty-Six Pence. (I love alliteration and tongue-twisters, and now I think that I’ve created something to rival Peter Piper. In this case, not only is it fun to say, but it is true! […]
Jun 19 2014 @ 17:49
It was less than a fortnight ago, June 11th to be exact, when Lamprell (
LSE:LAM) watched the bottom drop out of his share price as investors showed their displeasure with the company’s remuneration report presented at its AGM. On that day, Lamprell’s share price dropped 22 pence (12.9%) to 149.00 just two days after reaching […]
Jun 19 2014 @ 13:15
An 8.12% increase in Rolls Royce’s share price (
LSE:RR.) helped the FTSE 100 break back past the 6,800 mark, closing out the day at 6,808. Rolls Royce shares opened at 1,066.00, up 56 pence from yesterday’s close of 1,010.00, then continued to strengthen throughout the day to 1,092.00. The gain today came as a result […]
Jun 18 2014 @ 17:04
The share price of FedEx (
NYSE:FDX) gained 6.16% to $148.95 following higher than expected fourth quarter earnings, winning by following in the footsteps of successful companies like Levi Strauss who were ready to supply a need when a new demand was created. Back in 1849, thousands of men from all over the world rushed to […]
Jun 17 2014 @ 12:12
The share price of Morrisons supermarkets (
LSE:MRW) rebounded today by 2.28% from a month-long decline, returning to 192.60 on the day. The MRW share price had been at 214.00 on 14 May. Even that was down from 302.50 as at 12 September 2013, as Great Britain’s fourth largest supermarket chain has had to respond to […]
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