The North Sea oil sector had a boost this week when the Government announced further tax breaks to companies working over older oilfields in order to enhance production – a welcome change from the dark days of 2010 when the Government was seeking to do the opposite and hobble the industry! Often with AIM and…
For more research & Technical Analysis from Cantor Index click here to register. Monday, September 10, 2012 UK Reporting:- African Barrick Gold Plc, ABG, (Pr), Associated British Foods Plc, ABF, (R), Barclays Plc, BARC, (Pr), Centamin Plc, CEY, (Pr), Legal & General Group Plc, LGEN, (Pr), Lloyds Banking Group Plc, LLOY, (Pr), Polymetal International Plc, POLY, (Pr), Royal…
US nonfarm payrolls grew less than anticipated during August and so paving the way for the Federal Reserve to implement QE3, investors believe. Economists polled by Reuters and Bloomberg were expecting a rise of 125k in payrolls but the number came short at 96k, showing a persistent weakness in the job market. The unemployment rate…
We covered Phytopharm extensively in the June edition of our magazine (see here page 13 – http://issuu.com/spreadbetmagazine/docs/spreadbet-magazine-v6_generic) and updated in the latest edition in which we set out the investment case for a potentially very attractive return on the stock should the company’s Phase 2 trials of their primary drug Cogane, which is being used…
After a wait of over a month since the last operational update, Xcite Energy issued an RNS this morning on the progress of the Bentley North Sea field extended well test (EWT). The company has sold in excess of 135,000 barrels of Bentley crude, with pricing better than the Company’s assumption of the anticipated discount…
For more research & Technical Analysis from Cantor Index click here to register. UK Corporate Announcements Sthree announces Q3 gross profit gained 6% year on year and states that it continued its strong financial position as it is debt free and has a strong balance sheet UK Market News The Markets gained some confidence yesterday afternoon following the…
The ECB kept its key interest rate unchanged at 0.75% and announced a new bond-buying program to save the Euro. Will it work and will it be enough? Those questions remain unanswered as Mario Draghi has, yet again, ommited much of the key detail, but for now, it seems investors are placated and today they…
Traders and investors packed their luggage during August, stuffed no doubt with their notebooks (‘e’ variety!) and iPads inside, just in case things turned pear shaped again for global markets as they did last year. Traditionally being a low volatility month, August was a serious headache for investors in 2011. Luckily, this year things were…
The one and only, Mr Cyril Theret, Ex CEO Plus Markets, presider over pretty much the complete wipe out of his long suffering shareholders To say that it’s has been a difficult couple of years for investors fishing for the ultimate contrarian plays amongst the small/micro cap sector if the market is probably an understatement.…
