Jul 24 2013 @ 11:11
Fossil fuels affect us, and the world over, everyday. If we are not complaining about the price of petrol, then it is the utility bill at the end of the month. We rely on them, but they come with a frightening fee… In the news today, methane is leaking from the Arctic, a gas rig […]
Jul 24 2013 @ 09:53
ARM Holdings (
LSE:ARM) reported a 30% increase in pre-tax profit for their fiscal second quarter this morning. ARM share price opened at 927.00, rose to 950.00 just after 11:00 am and held ground above the 940.00 mark just prior to the penning of this story. Its double-digit growth was quite a contrast to some competitor […]
Jul 23 2013 @ 09:30
Imagine that you are a senior pharmaceutical executive. The first thing you want to do is make certain, when you wake up in the morning, that you do not work for GlaxoSmithKline (
LSE:GSK). The second thing you want to do is look out the window and make sure that you are not in China, or […]
Jul 22 2013 @ 09:37
It’s amazing how deeply embedded some corporate images are in our minds. Just the other day, I was talking with someone in Canada and mentioned “the company with the purple, polka-dot arches.” They knew immediately what company I was referring to – and so did you. Coincidentally, that company, McDonalds Corporation (
NYSE:MCD) hit the market headlines […]
Jul 21 2013 @ 15:19
Increased cooperation between BP and the emerging superpower. BP and CNOCC, the China National Offshore Oil Corporation, have signed a production sharing agreement for Block 54/11 in the deepwater Pearl River Mouth Basin, South China Sea. The block covers 4,586 square kilometres in water depths from 370 to 2,300 metres, and is close to BP’s […]
Jul 19 2013 @ 08:49
For the second day in a row two major U.S. tech stocks have taken a beating in one form or another. Yesterday it was IBM (
NYSE:IBM) and Intel (
NASDAQ:INTC). Today it is Google (
NASDAQ:GOOG) and Microsoft (
NASDAQ:MSFT) who find their share prices in trouble. How the markets will be impacted today remains to be seen […]
Jul 18 2013 @ 10:26
Its going to be an interesting end-of-the-week for tech stocks now that both IBM (
NYSE:IBM) and Intel (
NASDAQ:INTC) have released their quarterly earnings reports. Neither one was very exciting for shareholders, as both reported double-digit declines in earnings. IBM IBM, which for the trivia minded, was born and raised in my hometown, reported a drop […]
Jul 18 2013 @ 06:19
Looking at BP and Shell stock with their recent press. Oil and petroleum companies such as BP and Shell have some of the largest revenues and public trading in the world, but no matter how grand their success, each has their share of negative press. In a game of “Where are they now?” let us […]
Jul 17 2013 @ 09:25
My first look at the FTSE charts at midday reminded me of Churchill’s “V for Victory” sign as it resembled the statesman’s forefinger and index fingers raised aloft. The 100, the 250, and the TechMARK all resembled a huge “V” as an early morning slump reversed its course and the indices rose to opening heights. […]
Jul 16 2013 @ 16:13
Enough to buy an actual gold man? Perhaps! Goldman Sachs Group, Inc. (
NYSE:GS) today reported net revenues of $8.61 billion and net earnings of $1.93 billion for the second quarter ended June 30, 2013. Diluted earnings per common share were $3.70 compared with $1.78 for the second quarter of 2012 and $4.29 for the first […]