29 Jan 2015 @ 04:56
I want to (re)prove a point today that I have tried to make on several occasions: The real news is in the story; not necessarily in the headline. That is why this headline for this article appears to be contradictory. Indeed, the share price of Caterpillar (
NYSE:CAT) is up 1.40% to 80.96 on the New […]
28 Jan 2015 @ 03:04
The share prices of International Consolidate Airlines Group (
LSE:AIG) and Aer Lingus (
LSE:AERL) are on the rise for the second consecutive day as investors are more confident that the proposed acquisition of the Irish airline will take place. While there is still more than a little uncertainty, investor hopes were buoyed this afternoon when Aer […]
27 Jan 2015 @ 05:49
The share price of Aer Lingus (
LSE:AERL) rose sharply this morning following an announcement that the airline is considering a takeover offer from International Consolidated Airlines Group (
LSE:AIG). While AIG’s interest in Aer Lingus is not news in the sense that it is new, it is headline-worthy in that both companies issued regulatory statements affirming […]
26 Jan 2015 @ 06:23
“GE (
NYSE:GE) ended the year with strong fourth-quarter industrial earnings and margin growth. the environment remains volatile, but we continue to see infrastructure growth opportunities. We are pleased with our execution in 2014, meeting our commitment to grow industrial segment profits 10%, industrial segment organic growth of 7%, increasing operating margins 50 basis points...
22 Jan 2015 @ 04:28
The man who would like to think that he is the most influential person in the world gave a speech last night. It seems as though no one from the financial world listened to it, but that’s not really the case. The fact is that the financial world has bigger fish to fry and whole […]
21 Jan 2015 @ 07:13
This evening the Orator in Chief of the United States will walk into a hostile, bicameral Congress for the first time in his presidency. What he says tonight, regardless of its measure of truth, will have an impact on markets tomorrow, not only in the U.S., but in the UK and around the world. Since […]
20 Jan 2015 @ 03:59
In the world of modern media, stories are told as headlines, with one replacing another in rapid sequence, often creating a public impression that the story is over. Reality is quite a different thing. The stories continue to unfold for weeks and months – and even years – beyond the initial headlines. The decision last […]
17 Jan 2015 @ 10:42
FXCM (NYSE:FXCM) announced late this afternoon that it had entered into a funding agreement with Leucadia National Corporation (
NYSE:LUK) by which the latter would provide $300 million in cash that will bring FXCM into compliance with regulatory financial requirements. FXCM had become insolvent overnight, losing $225 million following the Swiss National Bank’s decision to un-peg […]
17 Jan 2015 @ 03:59
Sources that remain as yet unnamed have disclosed that an announcement may be forthcoming that Jeffries, the investment bank, may be willing to come to the rescue of FXCM (NYSE:FXCM). No official announcement has been made yet, but Reuters has reported that Jeffries has expressed interest in lending a helping hand to the tune of […]
17 Jan 2015 @ 02:42
No one saw it coming. There was not even a hint in advance that the Swiss National Bank (SNB) was about to stab the financial world in the back. As we reported yesterday, the euro and the U.S. dollar took immediate hits. But we also expected broader and longer term fallout would follow. In the […]