27 May 2015 @ 02:50
The big conversation in the U.S. this morning is the announcement that Charter Communications, Inc. (
NASDAQ:CHTR) has entered into an agreement to merge with its bigger rival Time Warner Cable, Inc. (
NYSE:TWC) and a smaller rival, Bright House Networks. Bright House is not a publicly-traded company. Some seem to be stunned that Charter and TWC […]
23 May 2015 @ 07:49
The share price of Hewlett-Packard (
NYSE:HPQ) surged today, closing at 34.76, up 2.75% after having reached 35.57 earlier in the day. HP’s share price fell from 38.49 on 24 February and has remained below 34.00 since 05 March. It reached its year-to-date and 52-week low of 31.16 on 31 March. It’s a bit hard to […]
22 May 2015 @ 02:11
It’s been a while since I’ve devoted attention to fastjet (
LSE:FJET), its share price and its operations. That doesn’t mean that nothing of note has been happening. In fact, quite the contrary. The little airline that thought it could, is on its way to becoming the successful airline that it should. There is no doubt […]
21 May 2015 @ 05:07
Trading of Hanergy Thin Film Power Company shares (HKX:566) was halted today on the Hong Kong Exchange after the company’s share price plunged 47% within a span of just 24 minutes. Who Is Hanergy? “Hanergy Holding Group Ltd. is a multinational clean energy company as well as the world’s leading thin-film solar power company, committed […]
20 May 2015 @ 00:32
The share price of big-box, U.S.-based retail giant, Wal-Mart (
NYSE:WMT) is down by more that 2.2% in pre-market trading just nine minutes before the opening bell is to be rung at the New York Stock Exchange. Wal-Mart released a disappointing Q1 FY16 earnings report earlier this morning that included a 7% drop in profit. As […]
13 May 2015 @ 07:00
After rumors regarding a potential take over of AOL ( NYSE:AOL) by Verizon (
NYSE:VZ) emerged last week, AOL’s share price rose more than 12.0% from 39.38 on Thursday to a high of 44.14 on on Friday 08 May. Fast forward to today (Tuesday, 12 May 2015). AOL shares are now trading at 50.52 after having […]
01 May 2015 @ 05:43
Shire’s (
LSE:SHP) share price jumped by 45.0 points and 0.85% to 5,335.0 today after announcing that it had handily beaten earnings expectations for the first quarter ended 31 March 2015. The average analyst earnings estimate for Shire in the first quarter was $604 million (£393 million). If $604 was the outfield wall, Shire hit a […]
30 Apr 2015 @ 04:14
All three of the leading U.S. stock market indices are down today following the Commerce Department’s report on the GDP for the first quarter, whilst observers are still waiting to hear the monthly report from the Federal Reserve. At 1:30 pm EDT the Dow and the S&P 500 are both down 0.64%, with the Dow down […]
26 Apr 2015 @ 02:36
Fifteen years ago, in 2000, the sages warned that the dot.com bubble was going to burst. They were right. It did. I don’t remember them saying that it would come bubbling back in 2015. But it did – yesterday. Some may want to call it by a different name, but when the NASDAQ (
NASDAQI:COMPX) rose […]
24 Apr 2015 @ 00:30
The New York Stock Exchange is still waiting for the opening bell as I commence this story, but Caterpillar (
NYSE:CAT) is already up 2.7% in pre-market trading as the company reported an earnings of increase just in excess of 20% at $1.1 billion and a diluted profit per common share of $1.81, up 26% from […]