Swen Lorenz

The Morning news update with Tullow Oil, Xaar, Hays and STV

The Morning news update with Tullow Oil, Xaar, Hays and STV

1 mins. to read

FTSE 100 Melrose (MRO) – Headline profit before tax up by 10% in the six months to June, dividend increased by 0.05p per share to 2.8p per share. Tullow Oil (TLW) – The Etom-1 well in Block 13T onshore Kenya encountered approximately 10 metres of net oil pay, extending the proven oil basin significantly northwards.…

Zak Mir Video Blog On Bulletin Board Heroes: Circle Oil, Mariana Resources, Rose Petroleum and Roxi Petroleum

Zak Mir Video Blog On Bulletin Board Heroes: Circle Oil, Mariana Resources, Rose Petroleum and Roxi Petroleum

1 mins. to read

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: Circle Oil (COP) The overall broadening triangle from March 2013 suggests an eventual target towards…

The Morning news update with BG Group, Foxtons, Plexus and Fyffes

The Morning news update with BG Group, Foxtons, Plexus and Fyffes

1 mins. to read

FTSE 100 BG Group (BG.) – results from a recently completed second drill-stem test (DST) on the Mzia discovery in Block 1, offshore southern Tanzania, provides further support for a hub development to supply a potential onshore LNG project. FTSE 250 Foxtons (FOXT) – Profit before tax up 57.1% to £23.1 million in the six…

The Fed’s unwritten mandate and why it only benefits the rich

The Fed’s unwritten mandate and why it only benefits the rich

5 mins. to read

The rich continue to get richer while the poor become poorer. This is the main conclusion of a recent survey conducted by the US Census Bureau (http://www.census.gov/newsroom/releases/archives/income_wealth/cb14-156.html). The latest 2011 census revealed that the median net worth for households in the first two quintiles (i.e. the wealthiest 40%) increased between 2000 and 2011, while for…

Bioventix is James Faulkner’s Small Cap of the Week

Bioventix is James Faulkner’s Small Cap of the Week

4 mins. to read

Bioventix (BVXP) is one of the more interesting newcomers to AIM. A specialist in supplying sheep antibodies to the diagnostics industry, this little company already has an excellent track record of profitability and growth behind it – and we expect the strong performance to continue as new products reach the market in the years to…

Book Review: Tramline Trading by John Burford

Book Review: Tramline Trading by John Burford

3 mins. to read

A review by Zak Mir It may be stated that one of the things that the world has in ample supply are books on trading. Only Ebola, career politicians, speed cameras / traffic wardens and taxes (not necessarily in that order) are possibly more unwelcome. But at least as an antidote to the oversupply in…

The Morning news update with WPP, Regus, Plexus and Trakm8

The Morning news update with WPP, Regus, Plexus and Trakm8

1 mins. to read

FTSE 100 GlaxoSmithKline (GSK) – the US Food and Drug Administration (FDA) has approved Triumeq® tablets for the treatment of HIV-1 infection. WPP (WPP) – Profit before tax of £491 million up 15% in the six months to June, up 33.7% in constant currency. Dividend up by 10% at 11.62p per share. Petrofac (PFC) –…