28 September 2015 Vodafone (VOD) may be the #3 UK 100 loser this morning, however, bulls may calling their brokers soon with the shares back down around that key 210p level which has proved both supportive and resistant since April 2014. News that US cable operator Liberty Global (LBTYA) has terminated talks over a proposed…
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…
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…
22 September, 2015 RSA Insurance (RSA) may have been jilted at the M&A alter by Swiss heavyweight Zurich Financial (ZURN), but soothing comments from CEO and ex-RBS boss Stephen Hester (summer trading above expectations) are doing the job of convincing investors that there is nothing wrong and that it ‘wasn’t us it was them’. With…