Contrarian Investor UK

Barclays and Glencore play the money game forgetting customers and investors yet again!

Barclays and Glencore play the money game forgetting customers and investors yet again!

2 mins. to read

Not the finest hour for business tonight. Barclays has agreed to pay a fine of £290 million after investigators determined that since 2005 Barclays had been attempting to manipulate Libor (the London Inter Bank overnight rate), a key borrowing rate meaning that those paying off mortgages have potentially paid millions in unnecessary extra interest payments.…

US data provides excuse for move up in equities

US data provides excuse for move up in equities

2 mins. to read

Strong pending home sales data and good durable goods orders from the US have given Wall Street and European markets a boost today.The FTSE is currently up 68 points to 5,514 and the Dow Industrials are up 80 at 12,615. The Dow is at its highest level in a month or so. Contract signings on…

Rough day yet again for small cap oil and gas investors

Rough day yet again for small cap oil and gas investors

2 mins. to read

More pain for AIM oil and gas investors. Rockhopper -6% 245p (52 week range 141p-393p) Investors continue to wait with baited breath for an update on its farm-in agreement which is due some time in Q3 this year. In the meantime, the shares have had a rough time over the last few weeks. Gulfsands Petroleum…

Investors addicted to the drug of stimulus

Investors addicted to the drug of stimulus

4 mins. to read

It really is a crazy world! For stock market investors, global equity indices are ebbing and flowing as expectations change in relation to new rounds of stimulus by the world’s central banks. Growth seems to have been forgotten and now we need the heroine induced high of central bank intervention. But we all know that…

Max Petroleum share price collapses as funding issues loom

Max Petroleum share price collapses as funding issues loom

2 mins. to read

Kazakhstan focused oil producer Max Petroleum is currently down 53% to 4.1p after falling as low as 2.5p earlier today on news that it may have to significantly reduce or even abandon its exploration programme if it does not get additional funding. Back in March it was over 14p and the company is now currently…

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