Latest

The Morning News Update with British American Tobacco, Serco and Blinkx

The Morning News Update with British American Tobacco, Serco and Blinkx

1 mins. to read

FTSE 100 British American Tobacco (BATS) – subsidiary Imperial Tobacco Canada has reached an agreement in principle with The Flintkote Company – a U.S. company formerly engaged in the production and sale of asbestos-containing products – for a total of US $575 million for claims related to certain disputed dividends and existing and potential asbestos claims. Smiths Group…

The morning news update with AstraZeneca, Hansteen Holdings and Chaarat Gold

The morning news update with AstraZeneca, Hansteen Holdings and Chaarat Gold

1 mins. to read

FTSE 100 London Stock Exchange (LSE) – announces good year-on-year increases in activity across all main businesses for the 11 months to November. AstraZeneca (AZN) – the European Commission has granted Marketing Authorisation for Lynparza™ (olaparib) capsules (400mg twice daily) as the first therapy for the maintenance treatment of adult patients with platinum-sensitive relapsed BRCA-mutated (germline and/or somatic)…

Could Christmas be Cancelled for Investors?

Could Christmas be Cancelled for Investors?

6 mins. to read

Seasonality is coming to town! The weather is colder and the odds for snow are high, people are shopping for Christmas, and hearts are filled with joy and kindness. But when the time to measure the performance of financial markets comes, it seems that something is broken this year, as seasonality is not passing through.…

Zak Mir on the Market Meltdown: Will You Go Rogue?

Zak Mir on the Market Meltdown: Will You Go Rogue?

3 mins. to read

Most years it is the case that you can bet good money and turn it into even more money on the basis that December is one of the best months to invest. In fact, it is usually the case that if there are no major mishaps by the end of November, those in the market…

The morning news update with Dixons Carphone, SAGA and Polo Resources

The morning news update with Dixons Carphone, SAGA and Polo Resources

1 mins. to read

FTSE 100 Babcock (BAB) – confirms it has entered into contracts with the UK Ministry of Defence for the acquisition of the Defence Support Group and its associated service provision contract. Consideration is £140 million and Babcock estimates that the service provision contract and output based services will be worth c £2 billion over ten years.  …

Russia’s Rate Hike Is Not Enough

Russia’s Rate Hike Is Not Enough

4 mins. to read

While the Russians were sleeping, the Central Bank of Russia (CBR) quietly changed its main repo rate from an already huge 10.5% to a shocking 17.0% in a desperate attempt to avoid a full-blown currency crisis. But, eventually, they will create a full-blown economic crisis instead… Yesterday the Russian rouble hit an intraday low against…

Zak Mir on Drawing The Short Straw

Zak Mir on Drawing The Short Straw

4 mins. to read

I suppose the mutations of the financial markets are such that at the end of every year there are plenty of new aspects that even the most seasoned of commentators, investors and traders will have learned. There are also things that we are reminded of. For instance, for small to mid sized companies to get…