Mar 14 2013 @ 10:23
The Fairpoint Group impressed investors today with year end results that included a whopping 87% increase in pre-tax profit. I was going to say that the group, which was founded in 1997, floated on the AIM market in 2002, and renamed as Fairpoint in 2008, has found it’s niche. But I think it may be […]
Mar 13 2013 @ 08:51
Thomas Cook (
LSE:TCG) CEO Harriet Green “gets it” and shareholders who read this morning’s strategy update understand that she does. TCG share price improved by 15.8% by the noon hour, up 13.75 pence to 100.75. Far too often, in my experience, once turnaround artists achieve their goals, they pat themselves on the back and either […]
Mar 12 2013 @ 08:50
You have got to like a company whose name is Imagination. It just . . . well . . . sparks your own imagination. That’s the case with Imagination Technologies (
LSE:IMG). I just can’t help but wonder what is going on, so when they issue an interim management statement, I’m all eyes and ears. IMG’s […]
Mar 11 2013 @ 09:42
It was less than a year ago, 8 June 2012 to be exact, that Diageo (
LSE:DGE) announced that would invest £1 billion to expand its production by as much as 40%. The share price of the world’s largest distiller at that time was 1,581.0 Today the Diageo share price is 2003.5, up 26.7% from the 8th […]
Mar 07 2013 @ 09:46
One of the interesting things about the stock market is its inherent unpredictability. A single stock or the entire index can be up one day and down the next and rarely does anyone ever know why, although individual speculation abounds. Speculation is often closer to reality at this time of year as so many companies […]
Mar 06 2013 @ 10:04
Sir Mervyn King has taken his seat at the table opposite Stephen Hester. He has put on his best poker face and has suggested that it’s time for RBS to fold this hand. King watched the RBS boss lose £5 billion at the table in 2012 and more than £34 billion since sitting at the table in […]
Mar 05 2013 @ 10:11
Is there anyone who expected the Dow Jones Industrial Average to ever surpass its record intraday high of 14,198.40, after taking a 54% hit and bottoming at 6547.05 in March 2009? The Dow jumped more than 100 points this morning, reaching 1535.31. All eyes will now be on how the index makes it through the […]
Mar 05 2013 @ 09:32
ADVFN believes in a long-term approach to investing. I believe in a long-term approach. According to an independent review by Sir George Cox, he and the Labour Party believe in it also. The problem is, as the report points out at the very outset is that UK business has become entrenched in short-term strategies. When […]
Mar 04 2013 @ 09:50
As my father used to say, opinions are like belly buttons: Everybody has one. Since my friend and co-writer, Tom Frew, reported about the US sequestration yesterday, I thought it appropriate to offer the opinion of one American on the matter. After all, I have a belly button. First of all, I agree to some […]
Mar 01 2013 @ 09:16
The first news I read this morning was an ADVFN story written by my compatriot, Kenneth Mondero, entitled Lloyds Reduces Loss to 570M Pounds. If he had chosen a title of Lloyds Is Still Drowning, it would have been just as appropriate. The next thing I read was a headline that said £1.5m Bonus for Lloyds […]