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Sometimes a trade doesn’t happen and frustrates. Our Next short is proving to be this trade and so we are looking to ‘force Sod’s Law’ through closing half our position – expecting that it will then reverse whilst at the same time cutting our risk. It’s probing new daily, weekly and 52 week (and all-time)…

Earlier this week, investors in Standard & Chartered were spooked by comments made by the New York banking regulator in which they used unusually forceful language, stating thatStandard Chartered is a “rogue” institution that makes money out of drug traffickers, terrorists, and other criminals. According to Benjamin Lawsky, head of the New York State Department…

While the Falklands Islands Oil investments have historically been for small-cap investors, the landscape is now starting to change with the arrival of UK mid-cap leader Premier Oil and, most recently, US independent Noble Energy onto the scene. Their arrival should signal a step change in investor sentiment both around the commerciality of existing discoveries…

Photo creditation – Michael Angelo The much criticised flotation of Manchester United goes ahead in New York later today valuing the football club at £1.5 billion, nearly twice the £800 million that the Glazer family paid for it in 2005. The Glazers also own the Tampa Bay Buccaneers American football team. The flotation price has…

UK Corporate Announcements Stanley Gibbons announces an H1 pre-tax profit of £1.8m on sales of £14.7m SVG announces an H1 NAV of £3.785 up 12.3% and states that Hugo Boss and Valentino were the largest contributors to the increase Lonrho states that it remains in a solid position to continue to deliver on core operations…

Research In Motion’s enterprise-services unit has attracted the interest of International Business Machines Corp according to two people familiar with the situation. IBM made an informal approach about possibly acquiring the division, which operates a network of secure servers used to support its BlackBerry devices, said one of the people, who asked not to be named because the…

The BTI, a sentiment indicator, was declining while the FTSE was climbing. On Monday the BTI turned up. A rising BTI indicates an uptrend but I am not going to turn bullish just because the BTI was up for one day. Sometimes the indicator can turn up temporarily for a day or two then the…

And so, the not so fantastic Mr Fox’s releases his final set of HMV results today. There are a number of encouraging signals within this release, not least the Profit re-iteration for 2013 which is in stark contrast to many anal-ysts’ expectations. Excerpts –  Looking forward into 2012/13, with the changes we have made to…