South Falkland oil and gas explorer, Borders and Southern (BOR) are up 13.5% to 27p this morning after an operational update RNS giving some extra facts on figures relating to last year’s drilling campaign. The company’s analysis appears to show that its Darwin East discovery is commercial at $65 per barrel and above, the quality…
The S&P 500 Index (SPX) is in the midst of its longest daily winning streak in over eight years, as of Friday’s close it has seen eight straight positive days. Does this daily winning streak mean anything for the market going forward? Does it point to underlying strength — or have stocks become overbought? Let’s…
Cantor Opening Call The FTSE is seen starting the week up around 20 points higher UK Corporate Announcements Mitie Group states that its four month progress has been in line with the forecasts Sthree announces full 2012 revenues of £577m from £542m, and a pre-tax profit of £25.3m easyJet’s details that its chairman…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Monday, January 28, 2013 UK Reporting:- None Detailed S&P 500 Reporting:- American Electric Power Co Inc, Q4, 0.455, Biogen Idec Inc, Q4, 1.459, BMC Software Inc, Q3, 1.015, Caterpillar Inc, Q4, 1.703, Plum Creek Timber Co Inc, Q4, 0.286, Roper Industries Inc,…
It’s interesting sitting where we are and receiving lots of daily commentary on the markets. The common theme that stands out very clearly to us at present is that a lot of the “tipster” services are expecting (almost willing) the FTSE to come back after a strong start to the year. Most commentators are also…
As a European, I’m really happy with Europe’s future prospects – or so, I am told, I should be. Well, why then do I not feel happy? Since the start of the New Year, I only hear good things on the subject. From Merkel to Draghi, everyone seems to agree that the worst is already…
In the results released on Wednesday after the belll, the most important measure of profitability and flexibility for a company – Free Cash Flow (defined as cash flow minus maintenance capital expenditure), was very healthy to say the least. Apple in fact grew free cash flow 30% in the quarter to over $21 billion. Over the…
The life of a chartist is very often an interesting one given that the financial markets are of course the greatest show on earth. But what can be said about the job is that very often, you are talking about stocks and markets where unless you have positions in them, there is a curious detachment.…
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Some interesting new commentary from the latest fact sheet from broker Fox-Davies on Xcite Energy. It looks like they now have a signficantly more optimistic stance than some of their previous coverage. In October they raised fears that the Bentley North Sea field may be non-commerical due to operational costs, now they say that “Based…
