May 19 2014 @ 15:21
It took less than 24 hours, most of which, I assume, AstraZeneca’s (
LSE:AZN) chairman, Leif Johansson spent getting a good night’s sleep, to resoundingly reject Pfizer’s (
NYSE:PFE) latest and final takeover offer of £55.00 per share. AZN share price has dropped by more than 11% to £42.75. Pfizer made it abundantly clear yesterday, 18 May, that £55.00 per […]
May 18 2014 @ 19:31
I have avoided writing about the on-again, off-again takeover of AstraZeneca (
LSE:AZN) by Pfizer (
NYSE:PFE) simply because it has been on-gain, off-again. As of just a few minutes ago Pfizer released news and details of what it says is its final offer to AstraZeneca. In short, if this deal happens, it will be one of […]
May 15 2014 @ 10:02
Walmart’s (
NYSE:WMT) share price has dropped by 3.06% to 76.61 in the wake of a flat first quarter earnings report. The share price had already stumbled by 2.7% early this morning, more than an hour before the opening bell. Earnings per share for the quarter retracted 3.5% to $1.10. Walmart’s new CEO, Doug McMillon, reassured […]
May 14 2014 @ 09:43
I you ask me – Thank you. I’m glad you asked. – Gulf Keystone Petroleum’s (
LSE:GKP) biggest problems are the pusillanimous pipsqueaks who apparently comprise too large a portion of company shareholders. It seems that, regardless of how much progress the company makes, any hint of negative news engenders a decline in the company’s share […]
May 13 2014 @ 13:22
I used to live in Kansas. It is, for the most part, a very large, flat plain. I used to say that “It’s not the end of the world, but you can see it from here.” (Did I mention that I now live on the east coast of the US, just a few minutes from […]
May 13 2014 @ 10:10
As long as I can remember (When you are over 65 that can be a very long time. Some days, not very long at all.), the world has always watched China, at least out of the corner of one eye. We always wanted to be ready when the Sleeping Giant awakened. Well, it did awaken, […]
May 12 2014 @ 09:18
Market message boards are lit up over the continued state of Gulf Keystone Petroleum’s (
LSE:GKP) share price which is currently at 94.88 after having closed on Friday at 96.00. It appears poised to close at its lowest since 30 April and some investors are getting a bit restless. It’s just a wild guess, but I […]
May 08 2014 @ 10:45
The British House of Lords has declared today that it is time to stop talking and to start fracking. The Economic Affairs committee said today that unless Britain gets cracking it is going to miss opportunities for lower energy bills and a massive opportunity for as many as 250,000 jobs, not to mention a secure […]
May 07 2014 @ 12:08
As we predicted on 18 March, Alibaba, the mainland China mega e-commerce company, has filed its initial paperwork for an IPO in New York. Although it is not clear on which exchange the shares will trade, insights and expectations, both positive and negative, are running high. Positive Insights and Expectations The primary focus of positive […]
May 06 2014 @ 11:47
The share price of Xcite Energy (
LSE:XEL) jumped 28.6% on the day, following the announcement that “its 100% owned subsidiary, Xcite Energy Resources Ltd (“XER”), has entered into a Collaboration Agreement with Statoil (U.K.) Ltd. (“Statoil”) and Shell U.K. Ltd. (“Shell”), which allows all the Parties to make available and share field-specific...