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US News

Merry Christmas to All!

Dec 24 2013 @ 09:46
The London Exchange has already closed and the traders are making their way over the river and through the streets to Grandmother’s House.  (Grandmother’s House is a small pub near Piccadilly Circus.)  Soon they will be on their way home to ensure that the stockings are hung by the chimney because it’s already obvious that […]
 

Apple Believes in Santa Now

Dec 23 2013 @ 11:57
The questions are the same every year at this time.  In homes all over the world, children ask, “Is there really a Santa?”  In stock markets all over the world, investors ask, “Is there really a Santa Rally?”  I think the first question is legitimate, and it restores my faith in humanity.  The second question, […]
 

Facebook Faces S&P Inclusion & IPO Litigation

Dec 19 2013 @ 12:58
The higher you raise your flag, the more people will shoot at it.  Mark Zuckerberg, Facebook (NASDAQ:FB) founder and CEO, has come to understand that there is a lot of difference between an on-campus, social media creation and the the megalith that Facebook has become.  Founded just ten years ago in a college dorm room, […]
 

GlaxoSmithKline Takes It On the Chin Again

Dec 17 2013 @ 09:16
Earlier this morning British pharmaceutical giant GlaxoSmithKline (LSE:GSK) announced a complete revamping of it incentive pay plans for its sales staff and of incentives paid to doctors for promoting its products.  For whatever reason, investors seems to have panicked on the London Exchange.  As I am writing, it will be only a matter of minutes […]
 

North American Petroleum acquires 30% interest in Mathis Unit

Dec 17 2013 @ 06:56
North American Petroleum (ISDX:NAPP), a company focussed on developing its interests in proven US onshore oil and gas formations, is pleased to announce it has acquired a 30% working interest in the Mathis Unit which covers 960 gross acres in Osage County, Oklahoma and is adjacent to two horizontal wells currently producing from the Mississippi […]
 

SEE's Vision Is to Be the Eyes of the CAT

Dec 16 2013 @ 10:27
Seeing Machines (LSE:SEE) made a mark today with a 16.7% increase in its share price. Every so often we need to take time to look at some of the smaller companies on the London exchange like Seeing Machines.  Afterall, these are the ones where a lot of money can be made once the company reaches a […]
 

USD/MXN is very bearish but could be temporary

Dec 15 2013 @ 08:39
The USD/MXN has been moving in an area that produces a lot of indecision among investors. This pair is currently below the 200 day moving average, but not found many pips away, as the SMA 200 is close to the 12.94 level. If USDMXN manages to break the support level of 12.85, it’s expected to […]
 

ARM Shares Up on Rumors & Clues of Google Alliance

Dec 14 2013 @ 13:17
The share price of ARM Holdings (LSE:ARM) rose sharply in early trading yesterday from Thursday’s close at 972.80.  The share price reached a high for the day of 1028.0 at about 9:45 am, a 15.7% increase, before closing the day at 1001.0, up nearly 3.0% on the day. The odd thing is that there was […]
 

TRX Share Price Launches

Dec 12 2013 @ 10:03
The share price of Tissue Regenix Group plc (LSE:TRX) ignited and launched upward by 20% today to 20.85.  There is no question about the reason why.  The company has just signed seven independent sales agreements for representation in the U.S.  Forty different sales representatives will present TRX’s proprietary dCELL® technology-based products to surgeons and hospitals […]
 

US Treasury sells remaining GM common stock

Dec 11 2013 @ 05:07
As the Troubled Asset Relief Program (TARP) continues to wind down, the U.S. Department of the Treasury has announced that it has sold all of the remaining shares of General Motors (NYSE:GM) (GM) common stock.  “The President’s leadership in responding to the financial crisis helped stabilize the auto industry, and prevent another Great Depression. With […]
 
 
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