18 Jul 2015 @ 01:24
Google’s share price (
NASDAQ:GOOG) launched like a rocket to reach a record high in early morning trading upon its second quarter operating results. Those results were so overwhelming that Google nearly single-handedly pulled the entire NASDAQ index (
NASDAQI:COMPX) with it to reach a new record high of its own. Google hit a record high of […]
15 Jul 2015 @ 04:56
Some observers have already over-reported that the Iran “deal” will be driving the price of oil down as the first apparent reaction of oil prices was a 2% decline in brent crude to $56.67 per barrel this morning. As I have said repeatedly in this column, cause and effect are not necessarily closely related in […]
09 Jul 2015 @ 06:03
In an internal email to employees in late June, Microsoft (
NASDAQ:MSFT) CEO Satya Nadella said, “We need to innovate in new areas, execute against our plans, make some tough choices in areas where things are not working and solve hard problems in ways that drive customer value.” The day of making hard choices has arrived. […]
07 Jul 2015 @ 04:27
On Friday, 03 July, U.S.-based healthcare insurer, Aetna (
NYSE:AET), announced that it would be acquiring all outstanding shares in Humana (
NYSE:HUM) at $230 per share for a total of $37 billion. Human shares closed at $187.50 on Thursday, 02 July. U.S. markets were closed on Friday. Humana shares are up over 2% today, currently at […]
07 Jul 2015 @ 02:26
It’s not exactly big news that Rolls Royce (
LSE:RR.) shares are in decline. They have been nearly every day for more than a month. On 27 April shares were near their 52-week high (1,069.00) at 1,054.00. By 01 June, the declining share price intersected its 50-day moving average at 998.42 before closing at 997.50. From […]
06 Jul 2015 @ 09:04
The citizens of Greece, the birthplace of democracy made it abundantly clear that they are unwilling to accept the terms of an extended bailout of their broken economy. It is clear that they are tired of living under austerity measures under which, like most major things financial, cause the greatest suffering to pensioners and the […]
03 Jul 2015 @ 01:15
The share price of BP (
LSE:BP.) has gained 4.60% today on the heels of the announcement that BP has agreed to an $18.7 billion settlement with the U.S. federal government and the five affected states on the U.S. Gulf Coast (Texas, Louisiana, Mississippi, Alabama and Florida). U.S. Attorney General Loretta Lynch noted that “If approved […]
02 Jul 2015 @ 01:23
When I logged on to my computer this morning, the first thing I wanted to see was how, if at all, the Greek debt crisis was resolving, especially considering that I proposed yesterday that I expected that, after all the posturing and political rhetoric, a deal would be struck. When I came to the ADVFN […]
01 Jul 2015 @ 01:32
I awoke before sunrise this morning and found a message in my inbox from the BOSS, asking if I would “write a piece about Greece.” I said, of course that I would. After having tended to some business, it is now four hours later and I can see that the entire continent of Europe is […]
30 Jun 2015 @ 04:10
The Supreme Court of the United States makes major headlines only a few times a year, but when it does, it usually makes enough to stir up enough controversy to last well into its next session. In the past week alone the justices, in their infinite wisdom, have ruled against individual states rights with respect […]