Global News

Amidst a new financial crisis threatening the stability of the Eurozone, central banks trying to keep their currencies in check to boost their local economies, and governments tightening their grips to protect the integrity of the financial markets, one financial instrument in circulation around the world is on the rise and poised to become the […]

After a week of uncertainty, Cyprus has finally reached a deal acceptable to both its parliament and its international creditors. The deal, formally announced earlier today, will spare deposits below 100,000 euros from any levy, in accordance with EU principles, but deposits above the said amount, however, will bear the burden of raising the 5.8 […]

European stock markets turned green today after the Cypriot Parliament rejected the bailout proposal that would have taxed deposits in the country late evening yesterday. This is the first time a member of the Eurozone on the verge of a collapse defied the troika as opposed to the unpopular stance made by previously bailed out […]

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 […]

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 […]

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 […]

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 […]

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 […]

“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 […]

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 […]