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…
11 November Would you walk over a dying man for a Smart TV? Or would you punch a fellow shopper in the face for a pair of Levis jeans? Neither would the British public it would seem. Black Friday 2015, the biggest shopping event of the year in the US, and generator of Youtube videos…
10 November Hawkeyes have been on Tullett Prebon and ICAP of late, with talks of the two Hulks of the inter-dealer money brokerage business undergoing a merger. The move would see Tullett Prebon acquiring its rival’s global broking business in exchange for new shares worth in excess of £800 million, larger than its current market…