Lou Gutheil

Lloyds Banking Group (LSE:LLOY) share price reached a 52-week high of 40.01 pence just a week ago on September 14th.  Despite dropping back modestly during the week, it has pushed back to 40.02 at early afternoon today following news that former exec Jessica Harper has sold her home and is moving into a prison cell […]

The impending IPO of the Direct Line Group may be the biggest buzz around London since the Olympics.  In an attempt to gain some insight about what may really happen, I took a stroll over to 221B Baker Street to visit a friend of mine, a certain Mr. Holmes, who has proven rather proficient at […]

The consumer watchdog agency, “Which?”, has announced the launch of a new, major campaign calling for banking reform in the UK.  The campaign, called “Big Change” reveals some startling statistics about the banking industry and promotes a three-pronged solution.  It’s an admirable campaign.  There’s only one problem:  It won’t work.  The Banks will refuse to […]

Apple’s (NASDAQ:AAPL) iPhone 5 won’t make its retail debut until September 21st, but its pre-orders have already surged their share price to record levels.  As news unfolded that yesterday’s orders had surpassed 2 million units, Apple’s stock soared briefly over the $700 mark for the first time in the company’s history, settling in at $699.78 […]

Lonmin (LSE:LMI), the world’s third largest miner of platinum announced yesterday that is had “presented an offer to the employee delegate” of the miners who have been on strike for just over a month now.  The workers have been waiting for feedback before continuing negotiations. The strike action last month had employees so enraged that […]

With a market cap of £7.79 million as of 31 August 2012, Resaca Exploitation (LSE:RSOX) is a small company, but it has got big problems.  A drop in its share price today of 43.84% has reduced its value to £4.25 million.  Shares closed yesterday at 36.50, but plunged to 20.50 by midday today. Small Company […]

Gulf Keystone (LSE:GKP) understands the art of writing a half year operational and financial report.  You can’t play with the numbers, but you can be creative with the way you present them.  Sometimes it works.  Sometimes it doesn’t.  Whether it eased the pain according to the company’s expectations or not is hard to tell.  It […]

Just in case you got an extra billion pounds in spare change and don’t really want to keep it, Burberry (LSE:BRBY) can show you how to lose it in minutes.  Simply make an announcement that you are not going to earnings for the year are not going to meet expectations, then watch the sterling fly.  […]

Speculation has been running rampant for the last several days that BP (LSE:BP.) was about to divest yet another enterprise in the Gulf of Mexico.  The official announcement came just minutes before noon today London time.  BP shares had risen from 434.00 at the opening bell to 441.00 at noon. BP Strategy Stays on Course […]

What is it that the banking industry doesn’t understand?  What is it that Barclays doesn’t understand?  There are days when the news is absolutely befuddling.  This is one of them. What the FSA is Saying to Barclays Just reading the morning headlines about Barclays ought to be confusing to UK banking customers.  “Regulator warns Barclays: […]