04 Mar 2015 @ 07:23
The share price of Glencore (
LSE:GLEN) dropped by 3.11% in trading today, closing at 291.20. Since Glencore acquired Xstrata in May 2013 the impact of picking up the coal mining assets has combined with the broader world economic conditions to weigh on the company’s FY 2014 results. Taking the good with the bad On the […]
03 Mar 2015 @ 06:10
Lately the U.S. and UK markets have been getting excitinger and excitinger. I know that’s bad grammar, but I just can’t help it. It’s exciting! We’ve been watching the FTSE 100 as we promised. (Obviously we would do that anyway.) But we can’t ignore the NASDAQ and the Russell 2000, both of which are reaching […]
28 Feb 2015 @ 05:23
The folks over at International Consolidated Airlines Group (
LSE:IAG) are on Cloud 9 today as investor confidence was reflected in a 3.66% share price increase and a volume that was 44% higher than average. IAG closed at 580.00, up 20.50 points on a volume of 10.5 million shares traded. The share’s high for the day […]
28 Feb 2015 @ 03:09
Shares of mining major, Rio Tinto (
LSE:RIO) have been up this afternoon in fairly light trading following its announcement of its next step in the transformation of its operational structure. Although its shares were in decline for most of the day, hitting a low of 3,189 in early trading, most of the day has been […]
25 Feb 2015 @ 04:03
I’m sitting here watching the clock with one eye and watching the FTSE with the other – just like everyone else involved in any way with the London Stock Market today. Observers have been cautiously optimistic watching the FTSE get closer to the almost incomprehensible height of 7,000. But, lest we forget, in about five […]
24 Feb 2015 @ 03:51
You just know it’s going to be a bad day when it’s time to report a 17% decline in pretax profit for any period. This morning, HSBC Holdings (
LSE:HSBA), Europe’s largest bank, reported a 17% decline for the entire 12 months ending 31 December. The company’s share price followed suit post-announcement, falling more than 5.1% […]
22 Feb 2015 @ 06:50
Shares of Procter & Gamble (
NYSE:PG) slumped by 0.4% to 84.87 yesterday as investors seemed to indicate concern over the company’s continuing plan to divest selected brands. The plan is not new. It was first introduced in August 2014. P&G has held its cards close to its vest, preferring to play each brand face-up only […]
20 Feb 2015 @ 09:38
It has been one week since I used this space to discuss ARM Holdings (
LSE:ARM) following its earnings report for 2014. In the interim, ARM’s share price has gained an additional 12 points. It is up 104 points (10%) since 01 January, closing today at 1,099.00. Every time I research ARM, I get the same […]
18 Feb 2015 @ 08:03
Wood Group’s (
LSE:WG.) share price gained 4.76% today on the London Exchange, closing at 660.00, up 30.00 points from yesterday’s close of 630.00. Today’s increase continues to build on a pattern that started on 14 January when the stock began recovering after hitting a 52-week low of 527.00. More than 2.5 million shares traded hands […]
17 Feb 2015 @ 07:47
The share price of FTSE 100 member, AstraZenca, plunged 82.50 points, a decline of 1.81%, to 4,468.50 today, following announcement of an adverse ruling by the U.S. District Court of New Jersey. The court ruled, in a continuation of a case that has been on the its docket since 2013, that AstraZeneca’s patent number 6,598,603 is […]
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