17 November “We can do better by being bigger,” says Arne Sorenson, CEO of Marriott international, who has agreed to buy Starwood Hotels and Resorts Worldwide Inc. for $12.2bn, in turn creating the world’s largest hotel company. The merger would see the newly formed behemoth in possession of 30 hotel brands including the Ritz-Carlton and…
17 November 2015 B&M European Value Retail (BME) shares are being considered anything but a bargain this morning after interim…
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 …