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Xcite Energy board reshuffle sees CEO Richard Smith retiring

Another solid update this morning from Xcite Energy’s North Sea Bentley field extended well test with the 9/03b-7 well producing…

Market news round up, upgrades & downgrades

UK Corporate Announcements IAG announces H1 revenues of €8.53bn up 9.8% and a Q2 EBIT loss of €42, largely in…

update on the not so “super” mario ecb conference. VaCATION BECKONS…

Mario Draghi In what has been an eagerly anticipated week, with three important central bank statements due, investors were left…

TOE-ING INTO A SWING LONG on Facebook @ $20.45

Trade thesis - downtrend coming into play for an upside probe, RSI now 5 days into the 20 range on…

QUICK SNIPPEt – SWING LONG TAKEN ON IBEX @ 6400

Keep the leverage under control and be ready (and able) to go again should the downdraft extend this afternoon.

And another ‘rogue trader’ to enter the hall of fame – Knight Capital looking to raise capital after a $440m loss

Trading firm Knight Capital is being forced to raise money after an erroneous trading position wiped out $440 million of…

“supermario” doesn’t live upto his name and disappoints

Quick snippet - European markets have done a large volte face on Mario Draghi’s comments and the standing pat of…

somebody been reading our mouchel blog today? mr simon fox finally does the honourable thing and resigns (shame its after destroying £1bn of shareholder value)

Todays RNS from HMV -  HMV Group plc today announces the appointment of Trevor Moore as Chief Executive in succession…

FTSE TECHNICAL OVERVIEW FROM CANTOR CAPITAL

  Last week we felt that the bearish argument had not been won, despite the minor panic when Spanish yields…