Global News

Busy Bank Newsday in Britain

Aug 05 2013 @ 09:38
Britain’s banks have provided a bevy of news for the first Monday in August.  And – surprise!- not all of it is bad.  Not that long ago, any story about UK banks could have been written in one word:  “Disaster.”  Actually, it’s been so bad for so long that “bank” and “disaster” in the same […]

IAG Plan Prospers - Share Price Soaring

Aug 02 2013 @ 07:53
International Consolidated Airlines Group (LSE:IAG) share price has been escalating throughout the day and is currently up 16.80 pence to 313.90.  That’s a 5.7% increase on the day, an 18.7% increase on the month, a 49.4% increase since the beginning of 2013, and a 99% increase over the last 12 months.  Today’s change in share price […]

Weekly Currency Roundup – Positive week for USA sees Dollar strengthen

Aug 02 2013 @ 04:16
Pound Sterling – At the start of the week the Pound saw little movement against its most traded peers, but did make gains against the US Dollar. The rise came after the Bank of England released data showing that lending to small UK firms hit a record high in June. To ask a currency expert a […]

Lloyds: Performance & Profit - Privatisation Possible

Aug 01 2013 @ 09:45
Lloyds Banking Group (LSE:LLOY) share price closed at 68.47 as July trading came to a close yesterday.  The bank released its half-year report at 7:02 this morning.  By 8:22 am its share price has reached 72.98.  By 10:14 am, it was at 74.41.  At 13:00 it had ascended to 74.85.  Lloyds’ share price has not […]

British-American Keeps Travelling Tobacco Road

Jul 31 2013 @ 09:01
British American Tobacco (LSE:BATS) share price rose 57.50 pence this morning to 3,520.00 following the release of its first half earnings report.  For lower-priced stocks that would be quite a leap, but with a share price in excess of 3,500, it amounts to about just over 1.5% The tobacco industry completely puzzles me.  I live […]

A Little Company in Leeds Leads Gainers

Jul 30 2013 @ 08:04
International Personal Finance plc (LSE:IPF), may not make a lot of headlines, so that may “leed” some snootier investors to ignore the company based in Leeds.  Interestingly enough, IPF is one of the “leeders” on the London Stock Exchange today.  Its share price is the ninth “leeding” gainer by percentage and the seventh “leeding” by […]

The Oldest Company in North America Expands

Jul 29 2013 @ 09:27
The flagship retail store of The Bay is an icon of downtown Toronto at the intersection of Yonge and Queen.  It is the store to which Toronto families flock in the weeks before Christmas to see the seasonal displays in the windows along the main street of the city.  Along with the Eaton Center, it […]

Fastjet Story Still Fascinating

Jul 26 2013 @ 09:40
A long time ago, in a land far away (the U.S.), I learned that a company’s worth is not strictly quantitative.  Sometimes it is about “The Story.”  You see, vision is not something that can be quantified.  The numbers only tell you where you are on the road to reaching your vision.  Without a vision, […]

Weekly Currency Roundup – Weaker Dollar Allows Commodity Currencies To Rise

Jul 26 2013 @ 04:42
Pound Sterling – At the start of the week the Pound was trading above a two-week high against the US Dollar as the UK awaited the birth of its future King. The currency found support by comments made by Prime Minister David Cameron that taxes could be cut in the near future as the UK economy […]

Facebook Share Price Posts Record Gain

Jul 25 2013 @ 10:11
Sometimes I think that “Zuckerberg” is a Hebrew word that means “Fooled You”.  Every time Mark comes up with an idea, he walks into a barrage of pessimism and opposition.  He is the classic example of a one-eyed man in a world of the blind.  By the way, that would make you and I – […]
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