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Similarities, Gold, Risk & Reward - Accendo Markets Weekly Roundup - 16 Aug 2013

Aug 16 2013 @ 10:11
Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; Another FTSE 100 correction week, this time taking us lower than the last to retest summer lows, but also much quicker than last time. Was that it, and is the only way is back up towards summer highs? Or […]
 

Hi Ho the Derry-o, Headaches for Michael Dell

Aug 16 2013 @ 08:56
You know it’s going to be an interesting day when you push the start button on your Dell (NASDAQ:DELL) tower, wait for your Dell monitor to come alive, you begin typing on your Dell keyboard and use your Dell mouse to direct your browser to the financial headlines that practically scream in your face that “Dell […]
 

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 […]
 

John Deere announces Q3 results

Aug 14 2013 @ 14:40
Net income attributable to Deere & Company was $996.5 million, or $2.56 per share, for the third quarter ended July 31, compared with $788.0 million, or $1.98 per share, for the same period last year. For the first nine months of the year, net income attributable to Deere & Company was $2.730 billion, or $6.97 […]
 

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 […]
 

Cvent joins the NYSE

Aug 13 2013 @ 10:22
Cvent, Inc., a leading cloud-based enterprise event management platform, has jpined the New York Stock Exchange (NYSE) under the ticker symbol “CVT” after its initial public offering. KCG Holdings, Inc. is the Designated Market Maker for the company’s stock. CEO and Founder Reggie Aggarwal, accompanied by members of Cvent’s leadership team, celebrated the...
 

‘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 […]
 

YuMe announce NYSE IPO

Aug 12 2013 @ 05:33
Redwood City, CA based YuMe, an independent provider of digital video brand advertising solutions, opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol “YUME” after its initial public offering. Barclays is the Designated Market Maker (DMM) for the company’s stock. Jayant Kadambi, Co-Founder & CEO, joined by members of […]
 

Fannie Mae reports Q2 net income

Aug 11 2013 @ 15:15
Announcement may have pleased investors Fannie Mae (FNMA/OTC) reported net income of $10.1 billion for the second quarter of 2013, compared with net income of $5.1 billionfor the second quarter of 2012. The company’s net income for the second quarter of 2013 was the company’s sixth consecutive quarterly profit. Fannie Mae reported comprehensive income of […]
 

Nestlé announce 2013 HY results

Aug 10 2013 @ 17:10
Nestlé has reported that their sales increased by 5.3% to CHF 45.2 billion during the first half of 2013. Organic growth was 4.1%, composed of 2.7% real internal growth and 1.4% pricing. Acquisitions, net of divestitures, added 2.1% to sales, whilst foreign exchange had an impact of -0.9%. Commenting on the reuslts Paul Bulcke, Nestlé […]
 
 
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