Wolseley’s shares are taking an insane 11% dive on 2 tiny lines in its results Business Insider – 29 Sept http://uk.businessinsider.com/wolseley-shares-fall-11-on-full-year-results-2015-9 UK Index dips as Wolseley sinks and biotech tumbles CityWire – 29 Sept http://citywire.co.uk/new-model-adviser/news/UK Index -dips-as-wolseley-sinks-and-biotech-sell-off-weighs/a845061?ref=new-model-adviser-latest-news-list Brokers clash over merits of owning Glencore Proactive Investors – 29 Sept http://www.proactiveinvestors.co.uk/companies/news/111248/brokers-clash-over-merits-of-owning-glencore-111248.html Wolseley springs £1.3bn leak Interactive…
25 September 2015 Shares in Glencore (GLEN) safely back above 100p this morning after multiple tests this week on continued backlash to the a 2.5bn share placement which, whilst doing the job of reducing the $30bn debt pile, didn’t go down well with shareholders (no first refusal? No rights issue?). The gap higher comes after…
25 September 2015 Excitement is once again in the air as a fresh pair of UK companies – payments processing giant Worldpay and leading car insurer Hastings Direct – confirm their ‘intentions to float’ in London next month. This doesn’t imply either face a risk of drowning. On the contrary. Things are going so well…
Global stock markets rebound on upbeat speech from Fed boss Janet Yellen as analysts pencil in Christmas rate rise This is Money – 25 Sept http://www.thisismoney.co.uk/money/markets/article-3248751/Global-stock-markets-rebound-upbeat-speech-Fed-boss-Janet-Yellen-analysts-pencil-Christmas-rate-rise.html London’s UK 100 soars on hopes of higher US interest rates Standard – 25 Sept http://www.standard.co.uk/business/londons-UK Index -100-soars-on-hopes-of-higher-us-interest-rates-a2955602.html European stocks motor ahead at open AFP – 25 Sept http://www.afp.com/en/news/european-stocks-motor-ahead-open…
24 September 2015 Shares in BMW (BWM) are weak again today on speculation that its diesel emissions test results may also have been doctored to appear eco-friendly and thus saleable in the world’s second largest but arguably the most important car market; the US. While this adds to this week’s VWgate revelation, confirmation of yet…
23 September 2015 Diversified engineer and perennial break-up target/candidate Smiths Group (SMIN) is the UK Index ’s top beneficiary of stock-specific news this morning. Traders have pushed the shares off 2015 lows after FY15 results showed profits +5.6% in the face of revenues -1.7% as business conditions remained tough due to lower oil process and…