17 November Market watchers may be asking why shares in diversified tech company Smiths Group (SMIN) are better off to the tune of 10% this morning following a merely OK trading statement. ‘ Resilience,’ I would have thought, shouldn’t translate to share prices soaring 10%. But given the Paris terror attacks last Friday, the style…
16 November 2015 It’s no surprise to see the UK Index travel companies footing the flagship UK Index index this morning after such horrific attacks on the French capital this weekend. While the likes of IAG, CCL, TUI and EZJ have dropped this morning on an understandable perception of reduced tourism and travellers electing…
13 November The topic on everybody’s mind this week must be rock bottom oil prices and an even more rock bottom outlook seen to be dragging the oil companies down and weighing on the UK Index to boot. Enormous oversupply, spurred by OPEC’s war with the US and Russia for crude market dominance has produced…
UK Index limps towards end of difficult week with a whimper CityWire – 13 Nov http://citywire.co.uk/money/UK Index -limps-towards-end-of-difficult-week-with-a-whimper/a858039 Le pétrole hésite avant les stocks américains AFP / Romandie – 12 Nov http://www.romandie.com/news/Le-petrole-hesite-avant-les-stocks-americains/648033.rom Gold Stuck Near USD1090 Ahead Of Fed Speaker Financial Company Voices – 12 Nov http://financialcv.com/2015/11/gold-stuck-near-usd1090-ahead-of-fed-speaker/ UK Index Edges Lower; Investors Await Fed Speeches …
10 November 2015 Shares in credit-checker Experian (EXPN) are faring best against a receding market tide today, gaining strongly on well-received interim results including improved organic growth, a slight upwards revision to full-year guidance (in the face of continued macro and currency headwinds) and a small but nonetheless…
11 November 2015 Shares in inter-dealer broker Tullett Prebon (TLPR) are down heavily this morning after it confirmed its acquisition (reverse takeover) of rival ICAP’s (IAP) hybrid voice broking unit. The £1.1bn all share deal is an attempt to fight a trend of waning profits within an increasingly automated industry and the negative share price…