Oct 02 2013 @ 09:18
UK grocers Sainsbury (
LSE:SBRY) and Tesco (
LSE:TSCO) published their interim results this morning. The overall news for Sainsbury was not so bad; for Tesco, not so much. Nonetheless, the share price of both grocery chains placed a burden on the FTSE from which has spent the day trying to recover. Follow a good report, Sainsbury […]
Oct 01 2013 @ 10:00
Yesterday I said, essentially, that the U.S. shutdown “ain’t not big deal.” If this shutdown is like most of the others the U.S. has experienced, it will be something similar to the effect of a major January snowstorm in the Washington DC area. For most Americans – and most of the world, for that matter […]
Sep 30 2013 @ 11:17
The Dow is Down 114.06 to 15,144, the S&P is Poorer by 10.35 to 1,681, and the NASDAQ has Descended by 16.19 to 3,765. Apparently, the market is reacting to the looming potential for a shutdown of the U.S. Government. The problem is that barely anyone I talk to understands what a government shutdown means. […]
Sep 26 2013 @ 09:40
A number of years ago I was privileged to work alongside a recently retired U.S. Army “Bird Colonel.” Had he not retired, his next rank would have been Major General. I consider him one of my mentors. Perhaps the greatest lesson that he taught me was that, “You do not have to fight every battle. […]
Sep 25 2013 @ 09:30
Sometimes investing makes you smile. Other times it can make you want to jump off the nearest tall building. Although certainly not the only sector that can take you through those highs and lows, mining provides a pretty good example that investing is not for the faint of heart. Take these recent headlines, for example: […]
Sep 24 2013 @ 09:03
Normally, I try to ignore rumors, but this one is simply too big to ignore. The word on the street is that Intel (
NASDAQ:INTC) has entered into M&A talks with the world’s leading chip designer, the UK’s own ARM Holdings (
LSE:ARM). ARM’s share price has risen over the past week from 960.0 on 18 September […]
Sep 20 2013 @ 09:01
If you see a parade of brightly colored Austin Minis driving in circles around Piccadilly Circus later today, it will be Foxtons (
LSE:FOXT) celebrating the company’s extraordinary IPO on the London Exchange today. My perspective on IPOs in general is that anything goes. With Foxtons’ IPO everything went! The company floated 169.4 million shares. It […]
Sep 19 2013 @ 08:31
We’ve been following Gulf Keystone Petroleum (
LSE:GKP) on a regular basis for some time now, believing that its potential reward for long-term investors could be substantial. Oil and gas sector stocks are not for the faint of heart, for sure, but we believe that it’s not the risk that is the important factor, it’s the […]
Sep 18 2013 @ 09:10
I was pondering the ups and downs of the FTSE 100 this morning as I was reading headlines from a couple of dozen newspapers. One source said that waiting for this month’s imminent U.S. Federal Reserve announcement was holding the FTSE down. Another said that the FTSE will reach 8,000. The problem was that it […]
Sep 17 2013 @ 08:24
The share price of Lloyds Banking Group (
LSE:LLOY) declined by 2.88% at midday from its closing price yesterday of 77.36. The shares are currently trading at 75.13. This is not a bad thing, considering that the price is holding slightly above the 75 pence that institutional investors spent per share yesterday as the government sold […]