US News

Normally, I try to ignore rumors, but this one is simply too big to ignore.  The word on the street is that Intel (NASDAQ:INTC) has entered into M&A talks with the world’s leading chip designer, the UK’s own ARM Holdings (LSE:ARM).  ARM’s share price has risen over the past week from 960.0 on 18 September […]

Empyrean Energy (LSE:EME), an AIM-listed profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, is pleased to announce its participation in two new wells in the Eagle Ford Shale, Texas. This participation is a part of its interest in ‘Sugarloaf Block A’ operated by Burlington Resources […]

Were the rest of the food retailer’s results any easier to digest? ConAgra Foods (NYSE:CAG), one of North America’s leading food companies, has admitted to “weak results” whilst announcing financial details for the fiscal 2014 first quarter ended Aug. 25, 2013. Diluted EPS from continuing operations was $0.33 as reported for the fiscal first quarter, […]

Pound Sterling While the Pound began the week trading in the region of multi-month highs against both the US Dollar and Euro, the British asset broadly softened on Thursday as an unexpected decline in UK retail sales dented investor confidence in the nation’s economic recovery. To ask a currency expert a question direct, click HERE […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; So the Fed didn’t move. A no-show for T-day. Markets surprised, with few expecting nothing at all, most seeing at least some reduction in order to maintain credibility after all that build up to Sep-taper (last time I use […]

NYSE Technologies, the commercial technology division of NYSE Euronext (NYX), has announced that it has obtained approval from the Chinese State Council Information Office (SCIO) to distribute market data in China. The deal was foretold in Chairman Mao’s Little Red Book of Pink Sheets. With the license from the SCIO, NYSE Technologies will disseminate financial […]

Summer has come and is almost gone.  Larry Summers, on the other hand has already come and gone.  I understand how the end of Summer affect the entire planet, but I am somewhat in the dark as to how the end of Summers is cited as the almost singular reason for world markets to be […]

It won’t be long now before you are able to find a policeman when you need one.  Just head for the nearest Dunkin’ Donuts (NASDAQ:DNKN).  That’s right, Dunkin’ Donuts is coming back to London after two decades. The company announced yesterday that it was on a mission to rescue Londoners from the jaws of Krispy […]

Every evening Americans turn on their TV’s to catch up on the news of the day.  Among the top five headlines of the day, there is inevitably something like this:  “The Dow Jones Industrial Average was up 32 points today on news that . . .”  For the average American, that’s the most attention that […]

Daily chart: The USDX found strong resistance at the 82.51 level and now, the USDX has fallen to the level of 82.12. This could mean the formation of a lower high pattern, but if the USDX does fall to support at the 81.50 level, that could be an indication of a trend change. However, if […]