Global News

As we predicted on 18 March, Alibaba, the mainland China mega e-commerce company, has filed its initial paperwork for an IPO in New York. Although it is not clear on which exchange the shares will trade, insights and expectations, both positive and negative, are running high. Positive Insights and Expectations The primary focus of positive […]

HORIZONTE MINERALS UPDATE AND FINANCIAL RESULTS FOR THE FIRST QUARTER 2014 AND MANAGEMENT’S DISCUSSION AND ANALYSIS FOR THREE MONTHS ENDED 31 MARCH 2014 Horizonte Minerals Plc, (AIM:HZM) the nickel development company focused in Brazil, announces that it has today published its unaudited financial results for the three month period to 31 March 2014 and the […]

The share price of Xcite Energy (LSE:XEL) jumped 28.6% on the day, following the announcement that “its 100% owned subsidiary, Xcite Energy Resources Ltd (“XER”), has entered into a Collaboration Agreement with Statoil (U.K.) Ltd. (“Statoil”) and Shell U.K. Ltd. (“Shell”), which allows all the Parties to make available and share field-specific...

Where’s the beef? Agriterra Ltd, the AIM listed pan-African agricultural group, has released operations update from Mozbife Limitada , the Company’s expanding beef business in Mozambique. Highlights: · Stocking ratios are being significantly increased at the 2,350 hectare Mavonde and 2,500 hectare Inhazonia farms through the implementation of Phase 2 of the Company’s multi...

Drilling commences at Soledad Gold-Silver-Copper prospect in central Peru Mariana Resources, the AIM quoted exploration and development company focused in Peru and southern Argentina, has commenced a 2000m drilling programme at the Soledad gold-silver-copper Prospect in Peru. The Project is located in the prospective Cordillera Negra metallogenic province approximately 34 km to the south of...

My day did not end well yesterday. In my ADVFN story, “How Will Weak US Economy Affect Us?” I warned of gloom and doom on the world economic scene as a result of a weak US first quarter.  I pointed to the Dow Jones, the S&P, and the Nasdaq all opening down following the release […]

“You’re battling your fear, your greed, your hope. All those human emotions are your challenge.” Forex trading is as rewarding as it’s challenging. For those who’ve mastered the art of trading, it’s an unlimited ATM machine. However, certain conditions must be met before the ATM machine can be unlocked. According to one writer, you don’t […]

There are not many happy headlines this morning in the US after markets opened sharply lower on reports that “The U.S. economy slowed in the first quarter to one of the weakest paces of the five-year recovery .” Against an expectation of a 1.1% increase in GDP, the US gained a mere 0.1%. Combine that with […]

The London market has closed for the day, but on the left side of the Atlantic MGM Resorts International (NYSE:MGM) investors are having a party.  MGM’s share price is up 8.58% in early afternoon trading to 24.995 following the company’s first quarter financial results. Yesterday MGM wowed its investors – and a whole lot of […]

Over 800 shareholders heard Barclays’ (LSE:BARC) Chairman, Sir David Walker say exactly that this morning at the banks AGM at Royal Festival Hall today. In fact, what he said was, “”Bonuses up, profits down. Not a headline we would have chosen.” I beg to differ, as I usually do. I would most respectfully submit that […]