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Market news round up, upgrades & downgrades courtesy of Cantor Index

Market news round up, upgrades & downgrades courtesy of Cantor Index

5 mins. to read

For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Fri, November 9, 2012 UK Corporate Announcements IAG announces Q3 EBIT of €263m ahead of the forecasts of €231m seen, and states that Iberia continues to cause concern, and will cut 4,500 jobs in the unit Hammerson states that it…

Fiscal cliff worries send US markets reeling

Fiscal cliff worries send US markets reeling

3 mins. to read

And so it seems that every man, woman, dog and debt rating agency are now barking at the Republican congress to co-operate with the democrats to change course away from the fiscal cliff and bring about a transition which will involve compromise. Certain tax hikes will be swapped by the Republicans for no further cuts…

Finally the “brains” at the Bank of England wake up to the impotency of their QE program

Finally the “brains” at the Bank of England wake up to the impotency of their QE program

4 mins. to read

  The Bank of England halted expansion of its bond-buying program todays after some policy makers questioned its effectiveness in supporting a recovery that still remains lacklustre. Today’s move suggests the London-based central bank may focus on credit-boosting initiatives such as the Funding for Lending Scheme to ignite growth.  The nine-member Monetary Policy Committee led…

Guest blog by our new “novice robbie burns” – Chris Chillingworth

Guest blog by our new “novice robbie burns” – Chris Chillingworth

4 mins. to read

Why earnings season kicked my butt and then fixed me again It’s been a mad few weeks recently with many of the US stocks I held delivering their earnings results. All of my stocks made profits of course, but it’s not about making profits. It’s about whether those profits reflected what the market was expecting…

Gulf Keystone makes further discovery in Kurdistan

Gulf Keystone makes further discovery in Kurdistan

2 mins. to read

After sliding the last couple of days on general market weakness and whilst the court case against Excalibur Ventures drags on, Gulf Keystone announced some further good news today from its drilling programme causing a 4% rebound to 190p.  The company notified the Sheikh Adi Block Management Committee of a discovery made on the Sheikh…

MARKET NEWS ROUND UP, UPGRADES & DOWNGRADES COURTESY OF CANTOR INDEX

MARKET NEWS ROUND UP, UPGRADES & DOWNGRADES COURTESY OF CANTOR INDEX

6 mins. to read

For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. Thurs, November 8, 2012 UK Corporate Announcements BTG reports an H1 pre-tax profit of £105.3m up from £79.4m and maintains its full year revenue forecasts Rightmove states that it maintains its full year guidance and expects additional growth ahead in…

Zak’s midweek commentary – Gaffe Meister Romney

Zak’s midweek commentary – Gaffe Meister Romney

2 mins. to read

I have to say that I had Romney mapped out as a loser from the start. As a “would be politician” myself (over and above the Rat Pack membership of course), I know enough about the subject (‘A’ grade  at A level no less!) to say that it is always for the contender to beat…

Markets digest Obama and focus on the looming fiscal cliff

Markets digest Obama and focus on the looming fiscal cliff

2 mins. to read

President Barack Obama won a second term in the White House last night with relative ease and in complete contrast to expectations of a tight Presidential race that opposed him with the Republican candidate Mormon Mitt Romney. The economic crisis faced during the last few years hit the U.S. economy hard, pushing unemployment up and…

Warren Buffet adds to his bet on US housing

Warren Buffet adds to his bet on US housing

2 mins. to read

Warren Buffet seems to have no doubt the direction of US housing, and for him that is up. His Berkshire Hathaway vehicle is extending its bet on the US housing market through the formation of a venture with Brookfield Asset Management as many of the ingredients for a real-estate resurgence gel together. Berkshire’s HomeServices of…