19 Aug 2013 @ 23:53
The share price of the Royal Bank of Scotland (
LSE:RBS) had dropped from 343.6 to 339.3 as of 13:20 today. The consensus on the street is that the decline has come as the result of an statement by W&G Investments (
LSE:WGI). The statement was in reference to the government-mandated divestiture of 315 under-performing RBS branches. […]
17 Aug 2013 @ 01:23
Some rumors just won’t die. Or as a former CEO friend of mine used to say, “The best way to handle rumors is to ignore them.” But ignoring them in the financial news reporting business is probably an exception to the rule. In the stock market it’s the rumors and speculation that make things exciting. […]
17 Aug 2013 @ 01:11
Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; Another FTSE 100 correction week, this time taking us lower than the last to retest summer lows, but also much quicker than last time. Was that it, and is the only way is back up towards summer highs? Or […]
16 Aug 2013 @ 23:56
You know it’s going to be an interesting day when you push the start button on your Dell (
NASDAQ:DELL) tower, wait for your Dell monitor to come alive, you begin typing on your Dell keyboard and use your Dell mouse to direct your browser to the financial headlines that practically scream in your face that “Dell […]
16 Aug 2013 @ 19:29
Pound Sterling The Pound made a second weekly gain after the UK currency received support from a host of positive economic data releases. On Monday Sterling made gains against the Euro as data showed that British banks increased the number of mortgages being approved .The data added credence to the belief that the UK recovery […]
15 Aug 2013 @ 23:39
Today will be the day to watch the share price of computer modem manufacturer Cisco (
NASDAQ:CSCO). The company released it’s fourth quarter results for the year ending 27 July, reporting a profit of $2.27 billion, or $0.42 per share. This represents an 18% increase over the Q4 2012, during which the profit was $0.36 per […]
14 Aug 2013 @ 23:13
Just in case I have not made it clear by the end of this article, let me start by saying that I despise the U.S. Environmental Protection Agency. Therefore, I am giving BP (LSE:BP.) a one-man standing ovation (which is hard to do whilst one is typing). On Monday this week, 12 August 2013, BP […]
13 Aug 2013 @ 23:53
BlackBerry (TSX:BB, NASDAQ:BBRY) “revolutionized mobile phone technology when it was introduced in 1999.” If you were there – and it’s likely, if you are reading this story, that you were – you should remember it well. “I’ve got a BlackBerry,” was the status symbol phrase of the day. Those of us withregular cell phones […]
13 Aug 2013 @ 00:48
Pound Sterling – The Pound began the week on a positive note after economic data continued to support hopes that the UK economy is making a strong recovery. A better than expected services PMI climbed from 56.9 in June to 57.4 in July. To ask a currency expert a question direct, click HERE Or to […]
10 Aug 2013 @ 01:21
This column generally focuses on company and market news of interest to serious investors. With apologies to my bosses, I am going to take it in a different direction today, because I believe that the most important story today, although it may not be directly connected to the market, does have serious implications for any […]
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