Lou Gutheil

Whilst the general populace looks upon the current unrest and atrocities in Iraq, the financial markets are reacting, not with the horror of the general public, but with concern about the potential value of their investments. In no way do I mean to make this sound like the financial world has no heart. I am, […]

The share price of ExxonMobil (NYSE:XOM) hit a 52-week high in early trading this morning at 103.25. It is currently at 102.97 at 11:10 EDT, up 0.30% from Friday’s close. The share price low point for the 12-month period was 84.79, reached in October 2013. ExxonMobil may be a giant among giants, but its sheer […]

Is it possible that what happens within the country of Iraq, a veritable poster child for middle eastern turmoil, could have so great an impact as to cause the fragile economic recovery to collapse? The worry on the street is that the answer is “Yes.” The world is a crazy place to live, but it’s […]

York-based Tissue Regenix (LSE:TRX) announced this morning that it has launched it DermaPure™ product in the U.S. and will be shipping product to customers next week. The TRX share price gained 27.27% to 26.50 on the day as investors demonstrated their enthusiasm in support of the projected addition $1.4 billion USD per year. The company […]

Wednesday was a bad day for two major airline giants, one a manufacturer and the other a commercial airline. The share prices of Airbus (EU:AIR) and Lufthansa (LS:LHA) both suffered following very unflattering reports. Airbus Loses Order. Share Price Drops More Than 3%. Emirates airline cancelled an order for 50 Airbus A350-900s and 20 A350-1000s, […]

Sometimes I think that if it were not for bad luck, Gulf Keystone Petroleum (LSE:GKP) would have no luck at all. It seems like every time the company catches a break, something goes wrong. The GKP share price was down 0.58% today to 90.47, much closer to the low end of its 52-week range of […]

Pharmaceutical giant Merck (NYSE:MRK) announced today that it has agreed to acquire Idenix Pharmaceuticals (NASDAQ:IDIX) for $3.85 billion. Even compared to the now defunct attempt of Pfizer (NYSE:PFE) to acquire AstraZeneca (LSE:AZN), this could be one of the biggest acquisitions of all time in this sector, not necessarily in volume, but in impact. It appears […]

The share price of Apple (NASDAQ:AAPL) has been pushing higher today as the company prepares to split its shares at a 7 to 1 ratio after the market closes today. Apple shares opened this morning at 650.00, up from yesterday’s close of 647.35. Even though the share price has not returned to the record high […]

Two years ago, 06 June 2012, Tesla Motors (NASDAQ:TSLA) share price was $29.22. By the same date in 2013 that share price has more than tripled to $97.35. It is currently trading at $206.25, after reaching a record high of $254.84 on 04 March 2014. The current price is up 1.21% from yesterday’s close of […]

Britain’s largest retailer, Tesco (LSE:TSCO) watched its share price drop by 1.34% today after announcing a third consecutive quarter of declining sales. Despite acknowledging that Tesco has lost an average of nearly one million customers per week, CEO, Philip Clarke, has been trying about as hard as I have ever seen anyone try to cover […]