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Rio Tinto (RIO): Unable to Iron out Copper weakness

16 Oct 2015 Rio Tinto (RIO) shares are failing to derive any benefit whatsoever on this risk-on day from a Q3 production update reporting iron-ore shipments +12% QoQ/+17% YoY and thus supportive of growth. While a decent headline grabbing statistic, and suggestive of growth, it is unfortunately easily countered by Copper production -24% YoY, underscoring…

Accendo Press Quotes – Week Ending 16 Oct

Global equity rally gains momentum AFP/Business Post – 16 Oct http://www.businesstimes.com.sg/stocks/global-equity-rally-gains-momentum Shares rise on hopes for US interest rate hike delay Proactive Investors – 16 Oct http://www.proactiveinvestors.co.uk/companies/market_reports/116291/shares-rise-on-hopes-for-us-interest-rate-hike-delay-116291.html Risk-on, but for how long? Proactive Investors – 16 Oct http://www.proactiveinvestors.co.uk/columns/morning-market-pulse/23382/risk-on-but-for-how-long-23382.html UK Index LIVE: Footsie off to solid start, lead by strong gains on Wall Street and Asia overnight This is…

Burberry (BRBY): Anything but luxurious results

15 October 2015                                                         Shares of Burberry (BRBY), whilst already in a strong 2015 downtrend, have taken another sharp leg lower as investors check-out following a weak H1…

Hargreaves Lansdown (HL.): Silver lining in summer volatility

14 October 2015                                                         Positive investor reaction to the Hargreaves Lansdown (HL.) Q1 trading statement has helped its shares break out to 18-month highs, bucking today’s UK Index…

Worldpay vs Hastings – Size matters

13 October 2015                                                      This week’s major London IPOs have had mixed fortunes. Payments processing giant Worldpay (WPG) managed to list this morning at 240p, right in the sweet spot…

Traders Corner: Glencore shares double, in 9 days

9 October 2015 The UK 100 is on course for its best week in almost 4 years (+5%) having rebounded 10% from September lows and there’s potential for a return to April’s 7000. After the sharp August sell-off and the index trading with a ‘5’ in front for 6 weeks, to be able to discuss…

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