Global News

Weekly currency roundup – Another week of improvement for the UK and US economies

Aug 16 2013 @ 04:29
Pound Sterling The Pound made a second weekly gain after the UK currency received support from a host of positive economic data releases. On Monday Sterling made gains against the Euro as data showed that British banks increased the number of mortgages being approved .The data added credence to the belief that the UK recovery […]
 

Cisco Posts Earnings and Announces Cuts

Aug 15 2013 @ 08:39
Today will be the day to watch the share price of computer modem manufacturer Cisco (NASDAQ:CSCO).  The company released it’s fourth quarter results for the year ending 27 July, reporting a profit of $2.27 billion, or $0.42 per share.  This represents an 18% increase over the Q4 2012, during which the profit was $0.36 per […]
 

BP Pushes Back at EPA

Aug 14 2013 @ 08:13
Just in case I have not made it clear by the end of this article, let me start by saying that I despise the U.S. Environmental Protection Agency.  Therefore, I am giving BP (LSE:BP.) a one-man standing ovation (which is hard to do whilst one is typing). On Monday this week, 12 August 2013, BP […]
 

‘BlackBerries for Sale' or ‘BlackBerry for Sale?'

Aug 13 2013 @ 08:53
BlackBerry (TSX:BB, NASDAQ:BBRY) “revolutionized mobile phone technology when it was introduced in 1999.”   If you were there – and it’s likely, if you are reading this story, that you were – you should remember it well.  “I’ve got a BlackBerry,” was the status symbol phrase of the day.  Those of us withregular cell phones […]
 

Weekly currency roundup – A highly volatile week ends on a positive note for GBP,EUR,AUD,NZD

Aug 12 2013 @ 09:48
Pound Sterling – The Pound began the week on a positive note after economic data continued to support hopes that the UK economy is making a strong recovery. A better than expected services PMI climbed from 56.9 in June to 57.4 in July. To ask a currency expert a question direct, click HERE Or to […]
 

"Incompetence of the First Magnitude"

Aug 09 2013 @ 10:21
This column generally focuses on company and market news of interest to serious investors.  With apologies to my bosses, I am going to take it in a different direction today, because I believe that the most important story today, although it may not be directly connected to the market, does have serious implications for any […]
 

Guidance, Correction, Growth, Revival - No boring summer - Accendo Markets Weekly Roundup - 9 Aug 2013

Aug 09 2013 @ 09:36
Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; A tough week for the FTSE 100 index, giving up 200 points high-to-low to revisit the lower end of its summer trading range. Markets continued to fret over the prospect of less Fed stimulus and have immediately questioned the […]
 

Tesla Redefines Everything

Aug 08 2013 @ 09:36
Tesla (NASDAQ:TSLA) Redefines Everything.  That headline could be over 100 years old and it could refer to Nikola Tesla himself.  Tesla, the unsung pioneer of the development of electricity probably never imagined that “Tesla” would be the nameplate of a car and a manufacturer that are bringing the most radical change to the automotive industry […]
 

Fasten Your Seat Belts - Turbulence Ahead

Aug 07 2013 @ 09:15
Look for the next few days, if not weeks or months, to be a bumpy ride for world markets.  While Mark Carney’s remarks today (see my ADVFN colleague Tom Frew’s remarks) will have some impact on the London Exchange, the whole world is reacting to signs that the Federal Reserve is on the verge of […]
 

Bezos is no Bozo - Buys Washington Post

Aug 06 2013 @ 09:45
It’s not likely that there could be any bigger news out of the U.S. today than the announcement that Amazon (NASDAQ:AMZN) CEO, Jeff Bezos has agreed to purchase the Washington Post (NYSE:WPO).  We’re not talking about buying a single copy or signing up for a subscription.  We’re talking about him buying the whole enchilada.  Actually, […]
 
 
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