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At last a professional looking web site for Xcite Energy, http://www.xcite-energy.com/

The Institute for Supply Management’s manufacturing index rose to 54.8% last month from 53.4% in March versus estimates of 53.3% gave US stocks a good boost. The Dow Industrials are up 114 to 13,328 despite Chinese PMI data which came in slightly light of expectations. The FTSE 100 rose 75 points to 5,812 despite disappointing…

Blinkx – the online video search company has quietly put on almost 25% in just 4 trading days after being shaken down to the early 40’s post the 10 April trading update that revealed slowing growth – contrary to analyst expectations. This type of price action, going against the fundamentals, is always interesting to us…

Following our post yesterday and the inclusion in the Directors dealings section of our latest issue – http://issuu.com/spreadbetmagazine/docs/spreadbet-magazine-v4_generic it is interesting to see Bumi continue to rise today (albeit on thin volume). Looks like 550p over the next few days –  a close over here and the 50% retracement of the move from just under 800p…

Some highlights from todays results  – Gains of 5% or more in the European long/short, North American Opportunities, Alpha Select, Global Opportunity, Global Convertibles, Market Neutral, European Distressed, Emerging Markets and Multi-Strategy alternative investment styles, with long only Japan Core Alpha up 21.4% and Global Equities up 13.9% Three quarters of performance fee eligible GLG…

This chart was supplied by www.squaremiledata.com. We highly recommend their site – bringing insitutional type information to the retail client base.  

A year before the investment bank, Lehman Brothers, collapsed into bankruptcy in September 2008 under the leadership of Dick Fuld aka “The Gorilla”, the salaries of the top 50 employees were as follows. The list is topped by Robert Millard in the Global Trading Strategies unit, who received $51 million in total including $25 million…

Chinese manufacturing data improved further in April according to the PMI (Purchasing Managers Index) from the China Federation of Logistics & Purchasing.  The PMI increased to 53.3 in April, up from 53.1 in March, but slightly below expectations of 53.5. A figure above 50 indicates an improvement in economic activity whilst one below signals a…

Since hitting a high of 14087 on 1 October 2007 the bellwether US index fell to a trough of 6500 in the aftermath of the Lehman crisis in early March 2009 and has now doubled in value in just over 3 years – a salutary reminder for those current sellers of Spanish equities that the…

  Data supplied by www.squaremiledata.com – their website is well worth a look for traders prepared to do their homework when analysing a stock.