FTSE 100 Rolls Royce (RR.) – Norwegian has selected Rolls-Royce Trent 1000 engines for nine additional leased Boeing 787-9 Dreamliner aircraft. The airline has also ordered long-term TotalCare® service support for engines powering the nine aircraft, worth $440m. Old Mutual (OML) – the initial public offering of 22,000,000 ordinary shares of OM Asset Management has…
Mining supremo Ivan Glasenberg As mining stock enthusiasts continue with their collective head scratching (no wonder most of us are bald!), news today that Ivan Glasenberg – the head of mining powerhouse Glencore – was looking to engineer a merger with Rio Tinto is perhaps the catalyst to finally put a floor under the ridiculously…
Filtronic (FTC) is not a company with a great track record when it comes to meeting forecasts. After riding a wave of infrastructure spend on the back of investment in 4G and LTE in 2013, the conclusion of a significant project to deliver 4G (LTE) interference mitigation filters and a longer lead time for expected…
Ever since the financial crisis we have been told by bear after bear that the QE would end in tears, we would all go bust when ultra low interest rates are raised, and that the EU and China were two big accidents waiting to happen. Then there were the arguments which rested on historical comparisons,…
With interest rates still at record lows, you’d be forgiven for thinking corporates would be falling over themselves to borrow and invest. However, according to Capita Asset Services, total net cash held by FTSE 100 corporates, excluding financial companies, has surged 41% to £53.5 billion over the past 12 months. The reason behind such caution…
Every day we hear fresh comment and analysis on just how overvalued markets and yet while these discussions continue, markets refuse to break and simply continue to levitate higher. Investors are starting to believe that such trends can go on further and the Fed really have created a money tree… There’s no limit to irrational…
FTSE 100 Rio Tinto (RIO) – has completed the sale of Rio Tinto Coal Mozambique to International Coal Ventures Private Limited following the fulfilment of all conditions precedent and receipt of the necessary regulatory approvals. FTSE 250 FirstGroup (FGP) – Trading for the first half was in line with management’s expectations. Also announces that it…
Zak Mir video blog on bulletin board heroes: Mosman Oil & Gas, Oilex and Quindell CLICK THE IMAGE BELOW TO VIEW TODAY’S VIDEO Spreadbet Magazine editor Zak Mir takes a look at the technical position of some of the bulletin board stocks of the moment amongst private investors. Here are the key points from today’s video:…
CLICK THE IMAGE BELOW TO VIEW TODAY’S VIDEO Spreadbet Magazine editor Zak Mir takes a look at the technical position of some of the bulletin board stocks of the moment amongst private investors. Here are the key points from today’s video: ASOS (ASC) The shares have delivered a positive consolidation with a bullish falling wedge…
I have highlighted specialist engineer Pressure Technologies (PRES) multiple times on this blog, as a company with a winning formula and a favourable growth backdrop. In its second deal in as many months, the firm recently announced the acquisition of Quadscot Holdings Limited, a provider of high quality computer controlled and conventional precision engineering and…
