Contrarian Investor UK

Infamous short seller Muddy Waters targets Asian based Olam with accounting issues

Muddy Waters Carson Block Muddy Waters, the infamous US short seller headed by Carson Block and which was instrumental in…

Latest Federal Reserve Beige book shows mixed U.S. economic activity

The latest Federal Reserve Beige book report on the U.S. economy was released yesterday with the New York area hit…

Falkland Oil and Gas shares crash on Scotia Well failure. Is this the final nail in the coffin for Falkland oilies?

South Falklands basin oil and gas explorer, Falkland Oil and Gas today announced the long awaited results of the Scotia…

Centamin drops further on added Egyptian problems

More bad news for Egyptian gold miner, Centamin, whose shares are down 8% to 60p this morning. First there is…

Desire Petroleum upgrades potential prospects with new CPR

  Falklands oil explorer, Desire Petroleum,  today published a new competent person’s report (CPR) by energy consultancy Senergy (I hope…

Ex-Autonomy CEO Mike Lynch denies dodgy accounting practices

The recriminations between ex-Autonomy CEO, Mike Lynch and Hewlett Packard have started in earnest following the shock $8.8 billion write…

Falkland Oil and Gas sparks to life on oil find rumours

Falkland Oil and Gas, the South Falklands oil explorer, is currently up 17% to 64p, after dipping as low as…

Xcite Energy share overhang clears as Global Resource exits

A 9% rise in Xcite shares today to just over £1 after the news at 2.30pm that “Xcite Energy has…

Hewlett Packard hit by $8.8 billion write down after Autonomy accounting fraud

Struggling U.S. software group, Hewlett Packard,  announced yet another blow to its long suffering investors today with a $8.8 billion…

French downgrade tempers mood

After yesterday’s 2.4% increase in the FTSE 100 and 2% rise in the S&P 500 on hopes that a solution…