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Weak private sector US employment data hits markets

Weak private sector US employment data hits markets

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The markets are down heavily today as the ADP (Automatic Data Processing) shows  the weakest growth in US private sector employment in seven months. The Dow Jones Industrials are down 50 points to 13,229 and the FTSE 100 is down 57 at 5,755. The data showed an increase of  119,000 in April, the lowest result…

Shareholder uprising against excesses of executive pay

Shareholder uprising against excesses of executive pay

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Spreadbet Magazine supports wholeheartedly the growing momentum by company shareholders to the grossly excessive and disproportionate pay levels currently prevalent in corporate UK. Our story posted yesterday on the magnitude of monies that wee paid out at Lehman just before its collapse is a salutary lesson in just how much many respect modern day company…

Falkland Islands oil quiet for now but plenty of action to come

Falkland Islands oil quiet for now but plenty of action to come

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After the hysteria triggered by the rumours of a gigantic oil discovery at Borders and Southern’s Darwin East well in the South Falklands basin, all is quiet. For now! Borders and Southern of course disappointed many investors who piled into the shares a couple of weeks ago after stories in the Sun newspaper of oil…

Research in motion slips on smart phone data

Research in motion slips on smart phone data

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Research in Motion’s shares are down 4.5 percent to $13.6 on a report from IDC that showed RIM’s share of the global smartphone market fell to 6.7% in the first quarter of 2012, compared to 13.6% for the same period last year. Apple and Samsung together had a 53% of the total market on a volume…

Late and continued strength in Blinkx + 25% in 4 trading days

Late and continued strength in Blinkx + 25% in 4 trading days

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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…