Mar 19 2013 @ 13:23
The Cypriot Parliament has just voted against the bailout package presented over to the table by the Eurozone. Thirty six votes turned down the proposal with 19 members of the Parliament abstaining, defeating the rescue measure that would have levied a tax on deposits in the island-state of Cyprus. The abstained votes came from President Nicos […]
Mar 15 2013 @ 12:00
Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup: Accendo Markets is an online trading services provider, offering CFDs, spread betting and forex to retail (private) clients. Accendo Markets was established in 2007 and has since gone on to win various awards including “2012 Winner of Best Execution only CFD […]
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 05 2013 @ 09:18
It only goes to show you shouldn’t listen to the doom and gloom merchants in the media. After unending bad news since the crash of 2008 here we are at an all-time high on the Dow. More to come no doubt. Find out how this affects our portfolio by reading my Premium Newsletter: Value Investing […]
Feb 27 2013 @ 09:19
I believe that if you’ve got a niche, you should scratch it. That is exactly what specialty pharmaceutical Clinigen has done, and it seems to be working out quite nicely. The relative newcomer to the London Stock Exchange (25 September 2012), witnessed a 10.9% jump in its share price following release of its interim results […]
Feb 26 2013 @ 08:48
“Good morning, Holmes. Anything interesting in the news today?” “Yes, in fact, Dr. Watson there is.” “What is it, Holmes? Are you not going to tell me? Must I guess?” At this point, Holmes handed the disheveled paper to Dr. Watson and said with a sigh, “It’s Elementis, my dear Watson. It’s Elementis.” Holmes had […]
Feb 26 2013 @ 06:00
Italian election leaves inconclusive result causing sharp market falls European markets have opened to falls following an inconclusive result in the Italian elections, with the Frankfurt and Paris exchanges falling by over 2%. Closing whilst election results were being announced New York’s Dow Jones Industrial Average fell by 1.55%. By late morning trading Europe’s major […]
Feb 22 2013 @ 09:10
Nat Rothschild left the Bumi shareholders meeting in London yesterday, 21 February, having lost a major battle, but vowing to fight on. Nineteen of Rothshild’s 22 proposed resolutions were rejected by shareholders. The Bumi share price followed by continuing its year long 60% decline with a 21.3 pence plunge (5.44%) to 370.0 shortly past midday […]
Feb 21 2013 @ 08:39
No one in their right mind ever said that business is easy. Even the biggest and best of companies suffer the slings and arrows of misfortune. BAE Systems (
LSE:BA.) is an example. Despite less than spectacular results for 2012, investors showed confidence in BAE today, boosting the company’s share price by 5.1% to 349.1. Shareholder […]
Feb 20 2013 @ 08:49
The share price of mining giant BHP Billiton (
LSE:BLT) has traveled an upward trajectory since May 2012, from 1,681 on 23 May to 2,236 at 19 February 2013. Although the stock remained above its 90 day moving average from 25 July onward, the price hit a number of pitfalls along the way. Today was one […]