Lou Gutheil

That’s right, my headline yesterday said that “Carillion Won’t Give Up on Balfour Beatty.” But that was then and this is now. Shares of both Carillion (LSE:CLLN) and Balfour Beatty (LSE:BBY) backed off today after the latter once again turned down Carillion’s takeover proposal and Carillion officially called it quits. Balfour Beatty share price closed […]

At 3:07 pm London time today, Carillion (LSE:CLLN) renewed its wooing of Balfour Beatty (LSE:BBY).  At 3:25 pm, Balfour Beatty’s board responded that it “notes” the Carillion proposal, will consider it, and will make a public response “in due course.” Both Carillion’s share price and Balfour Beatty’s share price responded to the dual announcements...

The last time the NASDAQ closed higher than 4,500 was March 2000. That’s more than 14 years ago. That was before 9/11, before the fall of Saddam Hussein, Muammar Gaddafi, or Osama bin Laden. It was before the sub-prime lending crisis and the bank bailout. It was before Facebook was born, and even before an […]

Okay. I admit it. Sometimes journalists are overcome by hyperbole. But when we say that it was a monster of a day for Monster Beverage Corp. (NASDAQ:MNST) and Coca Cola (NYSE:KO), it is the real thing. When the two companies announced that the rumors about Coke purchasing a position in Monster were true, Monster’s share […]

We are only a month away from the highly anticipated IPO of China’s e-commerce giant, Alibaba, when the company says, “Open Sesame,” to anxious investors. Today, however, a cloud is forming over the company’s debut on the New York Stock Exchange as Alibaba is hunting for thieves. There may not be 40 of them, but […]

Retail megalith Walmart (NYSE:WMT) published its first half results today, reporting its seventh straight quarterly decline in same store sales year-on-year. Walmart share price, nonetheless, rose by 0.49% to 74.39, the neighborhood in which it has been parked since July 2012. Look at the Situation If you haven’t discovered by reading my previous columns about […]

The Carillion share price (LSE:CLLN) rose 8.0% today, a change of 25.60 pence to 345.60 as investors seem to be responding to the company’s published rationale of why the proposed merger with Balfour Beatty (LSE:BBY) makes good sense. However, the Balfour Beatty share price also gained 4.40 pence, or 1.86%, to 240.90 as the company […]

Don’t get me wrong. I have nothing bad to say about either Zak or Azeez. They are both my colleagues and I respect them. I just needed a headline that would grab your attention. But I am not being entirely self-serving. I am also blatantly trying to get you to read Azeez’ article entitled “Annual […]

I have struggled for the better part of two days now to not write about GlaxoSmithKline pharmaceuticals (LSE:GSK). I’ve already written about GSK and its share price five times in the first six months of 2014. What more could there possibly be to report? Nonetheless, GSK just seems to have a way of gaining attention, […]

AIM-listed Westminster Group (LSE:WSG) share price is up more than 15% today following its announcement that it has deployed its advanced Fever Detection Screening Equipment system to an airport in West Africa. WSG shares opened Monday at 46.70 only to fall to 42.00 at closing. The share price languished for the next three days. After […]