Jun 27 2013 @ 09:43
The FTSE 100 has been regaining some of the ground today that it had lost last week after investors over-reacted to the U.S. Federal Reserve’s announcement that it would be taking no immediate actions to adjust interest rates. But the International Airlines Group (
LSE:IAG) was not doing its part, as its share price declined 3.30 […]
Jun 26 2013 @ 09:21
According to Direct Line (
LSE:DLG) there are soon going to be nearly 2,000 red telephones on desks with with no one to answer them. Although the company bid farewell to several hundred employees in 2012, yesterday they announced another round of cost-reduction cuts that will send up to 2,000 more office and support staff directly to the […]
Jun 25 2013 @ 09:48
It’s a game of good news / bad news for Carpetright (
LSE:CPR) shareholders this morning. But investors have responded positively today, pushing the share price up 13.0 pence (2.15% ) to 618.50 upon release of the company’s full-year results ending 27 April. Reading the report, one senses that Neil Page, Finance Director, and Darren Shapland, […]
Jun 24 2013 @ 09:07
Early this morning Asda supermarkets announced that they would slash the price of unleaded and diesel by 2 pence per litre beginning Tuesday, 25 June. It appears that Sainsbury’s (
LSE:SBRY), Morrisons (LSE:WM) and Tesco (
LSE:TSCO) will immediately follow suit. What was described as “a flurry of price cuts” is being promoted as big news by the […]
Jun 21 2013 @ 09:46
Everyone knows that the markets drooped following Wednesday’s U.S. Federal Reserve update from Ben Bernanke. You should also know by now that I am a big-picture kind of guy, but when one observes from the 30,000 foot level, one also misses some of the details that, on any other day, would be major headlines. For […]
Jun 20 2013 @ 13:21
It’s almost impossible to believe how much one economy, and one man at one central bank, can affect the entire world with one short speech about his financial strategy. But Ben Bernanke got the world to play the game of “Ring Around the Rosie” by doing just that yesterday afternoon. “We all fall down.” As […]
Jun 19 2013 @ 09:43
It’s kind of an “All’s Quiet on the Western Front” day today as all eyes and ears are waiting for the 2:00 pm EDT presentation by Ben Bernanke of the U.S. Federal Reserve Bank that will let the world know what actions the bank will, or will not, take to keep the economy stable. But […]
Jun 18 2013 @ 08:51
In an interview with the BBC this morning, Richard Campbell of the Office of National Statistics (ONS) reported on the announcement that the rate of inflation in the UK, as measured by the Consumer Price Index (CPI), increased to 2.7% in May from 2.4% in April. What does this mean for average household? If it means anything at […]
Jun 17 2013 @ 10:15
Last week I wrote an article entitled “Is the Market Driving You Nuts?” I thought that today would be a good day to follow up with the first of a series of articles, not on consecutive days or even consecutive weeks, to help underscore the reasons for always looking for the bigger picture. And there […]
Jun 14 2013 @ 09:30
I can’t help but bring up the subject of FastJet (
LSE:FJET) again. As I have said before, it may not have the highest share price out there – not by a long shot – but this may be the best time to buy in. Today, for the second time in a week, FastJet was the […]