Jan 22 2013 @ 09:20
The share price of Redhall Group plc (
LSE:RHL) gained 4.72% this morning as investors responded to the company’s announcement with AWE. The stock, which closed on 21 January at 63.50, skyrocketed to 67.84 in very early trading and rose to 67.90 just prior to 9:00 am before settling in at 66.50 just before 2:00 pm. […]
Jan 21 2013 @ 09:22
In most cases where fraud and regulatory non-compliance are revealed, the press reports the story, politicians point their fingers, and the populace gets in a tizzy. Someone loses their job, fines may be paid, the politicians are happy, and the public sleeps at night again thinking that everything is fixed. With a little patience the […]
Jan 18 2013 @ 08:57
Retailers entered the holiday season with dreams of sugar plums dancing in their heads. Unfortunately, it was just a dream. With a 0.1% decline in retail sales year on year, for retailers it was more like “not a creature was buying, not even a blouse.” Whether analysts called it expectations, projections, or hopes, reality simply […]
Jan 17 2013 @ 09:41
Rio Tinto (
LSE:RIO) share price had plunged by as much as 28.00 pence by 2:10 pm today from yesterday’s close of 3,458.00. The company announced the ouster of CEO Tom Albanese and Energy CEO Doug Ritchie. As with all announcements of this kind, the termination was described as a “mutual agreement.” Why do they say […]
Jan 16 2013 @ 17:12
The headlines are popping up everywhere this month as one after another Tyrannosaurus wrecks.The latest dinosaur to bite the dust is Blockbuster Video. It followed in the footprints of HMV and Jessops who went into administration earlier this month. Imagine music, movies, and camera supplies being sold at a retail store. Sort of an odd […]
Jan 16 2013 @ 09:57
The share price of Tesco (
LSE:TSCO) stumbled coming out of the gate this morning, falling from yesterday’s close of 349.60 to 343.70 within just 35 minutes. It would appear that the market had another of its infamous knee-jerk reactions to headlines in nearly every publication this morning announcing that horse meat was discovered in some […]
Jan 15 2013 @ 09:09
ARM Holdings (
LSE:ARM) is all over the financial news this morning as there seems to be a downgrade consensus by analysts. ARM’s share price was down 33.50 to 839.50 at midday. Morgan Stanley cut ARM to equal weight from overweight, but raised its target from 725.00 pence to 911.00 pence. Investec dropped it from hold […]
Jan 14 2013 @ 09:27
Almost as soon as the Deepwater Horizon disaster was reported in 2010, you could sense the US Environmental Protection Agency had the taste of blood in their collective mouths as it focused on the Big Pockets of BP, almost ignoring as it were the roles of Haliburton and Transocean Deepwater. Coming up on three three […]
Jan 11 2013 @ 09:43
Rolls Royce (
LSE:RR.) car sales keep on rolling along as the car making arm of the company reported its third consecutive year of record unit sales. The company sold 3,575 cars in 2012, up from 3,538 in 20122. That may not seem like much as far as the total unit sales for an automobile manufacturer, […]
Jan 10 2013 @ 09:59
The share price of FTSE 100 packaging giant Bunzl (
LSE:BNZL) rose 41.00 pence to 1,056 by 14:17 today on news of a package of three new acquisitions. The Bunzl share price had a very good 2012, opening at 883.00 and closing the year at 1,009.00 whilst posting a 5-year high of 1,167.00 on 08 August. […]