Contrarian Investor UK

Intel proving to be another victim of the rise of tablet computers

Intel proving to be another victim of the rise of tablet computers

2 mins. to read

  The world’s largest Chip maker, Intel Corp, is getting battered this afternoon with a 6.5% drop to $21.20 after reporting a weak sale outlook for the first quarter yesterday, together with a huge increase in its capital expenditure programme totaling $13 billion, a $2 billion increase versus 2012. The shares initially reacted positively on…

Yet more problems for the U.K.’s high street

Yet more problems for the U.K.’s high street

1 mins. to read

After this week’s announcement that HMV Group had called in the administrators, its been a tail of woe from some of the other high street retailers today. Thorntons is down 5.5% to 43p, French Connection is down 4% to 28p and Dixons Retail is down 4% to 26p after either reporting disappointing sales figures or rumours…

Dell soars after rumours of private equity deal

Dell soars after rumours of private equity deal

2 mins. to read

The shares of computer maker Dell, rose 13% in regular trading yesterday to close at $12.29, and then rose another 3.5% after hours to close at $12.73, after rumours the company was in talks with private equity buyers. The company’s shares were briefly suspended from trading on Nasdaq after circuit breakers were triggered as they…

Xcite Energy looking much perkier in 2013

Xcite Energy looking much perkier in 2013

0 mins. to read

  After dropping as low as 84p pre-Christmas, buyers appear to be returning to Xcite Energy shares once again with the price back above 100p this morning – an increase of nearly 10%, and a 25% rise for those fortunate enought to dip back in at the lows at the end of 2012.  Nothing concrete…

Fourth quarter 2012 earnings season kicks off today with Alcoa

Fourth quarter 2012 earnings season kicks off today with Alcoa

1 mins. to read

After all the anxiety about fiscal cliff’s and the U.S. debt ceiling in recent weeks, its back to good ol’ corporate earnings from later today with the start of the fourth quarter 2012 earnings kicking off after the Wall Street close with results from aluminium giant, Alcoa. A report from Factset released last week (see…

Investors appetite for junk bonds at unprecedented levels

Investors appetite for junk bonds at unprecedented levels

1 mins. to read

Despite plenty of talk regarding the possibility of a major sell off in bonds this year, albeit with U.S. Treasury bonds (so far) following this prediction, investor appetite for junk bonds seems to be undiminished. The average yield on U.S. junk bonds dropped below 6% for the first time ever in recent weeks. Last week…