A rather flat RNS this morning of Rothschilds being appointed as advisors seems to have moved the stock up 10% in the first few minutes. The real reason is a story posted by Reuters that ol Natty is putting together a consortium to trump the Bakries offer for a part of Bumi Plc – the…
I have always rather fancied myself as being part of the great entertainment industry even though the industry may not feel the same way! Ideally, for someone of my age, being one of the Rat Pack was an attractive concept (more Dean Martin than Sam Davis Jr. mind!). Alternatively, in the world of cinema, then…
Today is a big day for economic data with the release of the U.S. non-farm payroll data for October at 8:30 a.m. Eastern (12.30 pm UK). Expectations are for an increase of 120,000-125,000 jobs and for the unemployment rate to increase to 7.9% from 7.8%. Any hint that the unemployment rate is moving down further…
Today is the last day of October and a really busy day for many: the U.S. East Coast needs to start the clean-up of all the wreckage from hurricane Sandy; stock markets in New York have re-opened after an almost unprecedented four-day break and the night promises to be a long one with Halloween! With…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. 1 Nov 2012 UK Corporate Announcements Lloyds announces underlying pre-tax profit gained 148% and details that it is taking a further £1bn PPI provision and lowers its full year guidance on the charge Shell reports a Q3 net income of…
After a fairly muted reaction to yesterday’ s operational update from Caza Oil and Gas’s South East New Mexico field, the shares have sprung to life settling 25% higher to 12.5p this afternoon. The update from the Forehand Ranch prospect in Eddy County and Copperline Prospect in Lea County has been positively received by the…
After several days of declines in Xcite Energy, driving it down to the 95p mark yesterday, the shares have rebounded strongly this morning to stand at 103p, up 7.5%. Apart from a Buy initiation from broker Liberum Capital, there doesn’t seem to be any clear drivers for the change in sentiment. Long traders have been…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. 31 Oct 2012 UK Corporate Announcements Barclays announces a Q3 adjusted pre-tax profit of £1.7bn in line with the forecasts and states that its performance in October was hurt by the challenging markets and subdued volumes and stays cautious on its…
The much awaited and feared hurricane Sandy looks to have blown away now after being being downgraded to a tropical storm. When it came ashore in New York City last night it had winds of up to 90 mph and a record 13 foot of storm surge. As a precaution, millions of people were moved…
I am sorry but I cannot resist this idea. I know I should not be getting involved in a stock like this which could halve overnight and leave me with egg on my face but nevertheless, it would appear that Ruspetro (RPO) is currently lining up for a recovery, or at least trying to do…
