Lou Gutheil

It was just three days ago, Monday, 04 August, that I wrote about Kurdish oil producers shares falling as the militants of the Islamic State had taken new ground in northern Iraq, include control of the countries largest dam on Lake Mosul. Continued advancement, now eastward, by the militant troops is quickly eroding investor confidence […]

Walgreens (NYSE:WAG), the largest chain of pharmacies in the U.S. is entering into the final phase of its long-planned takeover of Alliance Boots. Walgreens’ share price dropped by more than 13% in early trading today. As of 3:53 pm GMT, its shares are selling at 60.38. down 12.8% from yesterday’s close of 69.12. It would […]

Sometimes even a fox like Rupert Murdoch can’t find a way to get into the hen house. Tuesday evening, 21st Century Fox (NASDAX:FOXA) announced that it had officially withdrawn its offer to become the guardian of the Time Warner (NYSE:TWC) hen house. The share prices of both companies declined rapidly. Murdoch, Chairman and CEO of […]

We have tended to be keen on the prospects of Gulf Keystone Petroleum (LSE:GKP) and its project in the Shaikan field in Kurdistan. The fact is that we still are, but the conflict in bordering Iraq, spurred by the so-called Islamic State’s pursuit of toppling the al-Maliki government in Iraq and establishing a caliphate in […]

Imagine that you are a blind man standing in front of a life-sized braille version of the 3D Systems Corp (NYSE:DDD) stock chart. Imagine that you reach out and locate the share price as of 02 January 2014. At 94.19, it is just about at shoulder height. Now imagine that you begin to trace the […]

Tanked. Plummeted. Plunged. Lunged. Nose-dived. Swooped. Dropped like a rock. Took it on the chin. It doesn’t make much difference how you describe it, Wall Street got clobbered today as the Dow Jones Industrial Average dropped over 317.00 points to 16,563.30, its worst single-day point loss since 03 February and its worst percentage loss (1.87%) […]

“A big, positive step,” is how Vince Cable described the Bank of England’s consultation papers published this morning. He went on to say that, “It is absolutely right that banker’s bonuses should be properly regulated so that they cannot cause the collapse of banking institutions.” Andrew Bailey, CEO of the Prudential Regulation Authority lauded the […]

At approximately 10:00 am GMT, Wednesday morning, the Bank of England is expected to publish Consultation Papers 14/14 and 15/14, “Strengthening Accountability in Banking,” and “Remuneration” outlining, to the extent that we know at this point, new guidelines for the UK banking sector, including further empowering the BoE’s ability to clawback variable bonuses and...

Whether you look at its share price or its operational reports, Reckitt Benckiser LSE:RB.) simply continues to impress. It’s share price finished up today by 2.66%, a gain of 135.00 pence from Friday’s close of 5,070. Shares closed today at 5,205 after opening at 5,170 and reaching an intra-day high of 5,250, just shy of […]

At 16 minutes past 9:00 am GMT yesterday, 24 July 2014, Carillon (LSE:CLLN) announced that it had won a contract with the Ministry of Defense worth £2.8 billion. Carillon’s share price barely budged, despite analysts describing the deal as a game changer for the company. The contract for maintaining and upgrading military facilities was won as […]