27/08/2014 15:14:58 Cookie Policy Free Membership Login

Rumors Push ASOS Shares Higher

27 Aug 2014 @ 15:48

The share price of ASOS (LSE:ASC) has taken a dramatic upturn today, reaching 2,763.00 by 2:30 this afternoon, a rather phenomenal 17.7% increase from yesterday’s closing price of 2,348.00. Perhaps the most interesting fact about the sudden turnaround in share price is that the company hasn’t done anything to motivate investor interest. Unless you consider rumors to be substantial reason for such a reaction. ASOS shares, at the 2:30pm mark, ranked 5th in percentage increase (17.7) and 1st in number of trades (11,650) , actual gain (407.00), and Price x Volume (9,578), leading other London stocks by wide margins in each of those 1st place categories. The increase is not so much because of the rumor that a U.S. firm is interesting …

 

Tyson extends common stock offering

26 Aug 2014 @ 22:46
Food for thought? Tyson Foods, Inc. (NYSE:TSN) and The Hillshire Brands Company (NYSE:HSH) today announced that Tyson has extended the offering period of its previously announced tender offer to purchase all of the outstanding shares of common stock of Hillshire Brands for $63.00 per share in cash, without interest. Pursuant to the Agreement and Plan of Merger, dated July 1, 2014, by and among...
 

US Treasury provides $325m in bond guarantees

26 Aug 2014 @ 22:37
Made available for investment in underserved communities The U.S. Treasury Department today announced that it has guaranteed $325 million in new bonds to help support economic development opportunities in low-income and underserved communities across the country. The funding, provided through the Community Development Financial Institutions (CDFI) Bond Guarantee Program, is designed to help...
 

BP announces First Gas from Egyptian DEKA Project

26 Aug 2014 @ 22:32
Trade like an Egyptian BP Egypt today announced first gas from the DEKA project offshore Egypt with the start of production from the Denise South-6 well at an initial rate of 50 million cubic feet per day (mmscf/d). The DEKA project is centred on the Denise and Karawan gas fields in Temsah Concession in the East Nile Delta and will supply the country’s domestic market. Hesham Mekawi, BP North...
 

Circle Oil Jumps Nearly 30% on New Find

26 Aug 2014 @ 21:05
The share price of Circle Oil (LSE:COP) jumped nearly 30% today on the news of a major oil find about 120 km off the coast of Tunisia. Shares closed Monday at 17.75. Institutional investors took most of the gain in pre-trading following the announcement, with Circle’s shares opening today at 21.75, gaining modestly throughout the trading day to close at 22.75, a 28.17% increase on the...
 

0006 PODCAST: 5 REASONS NOT TO BUY TESCO SHARES

26 Aug 2014 @ 20:04
In today’s podcast I reveal the biggest risers and fallers of the day, company news, broker forecasts and 5 REASONS NOT TO BUY TESCO SHARES. To listen to the podcast just click the play button below: Companies mentioned in the podcast are: Tesco, Telecity, Stagecoach, Antofasgasta, GlaxoSmithKline, Novartis, Astrazeneca, Amazon, Regus, Cable & Wireless Communications, Pfizer, Royal...
 

Premier reports FY results

25 Aug 2014 @ 21:36
So, how did they do? Premier, Inc. (Nasdaq:PINC) today reported financial results for the fiscal 2014 fourth quarter and full year ended June 30, 2014. Fiscal-Year Highlights: Pro forma results reflect the impact of the company’s reorganization and initial public offering (IPO)*. – On a pro forma basis, net revenue of $869.3 million increased 14% from the prior year – Supply...
 

Bubble is not forming in subprime auto market, argue economists

25 Aug 2014 @ 21:33
Data “Presents clear analysis of today’s lending landscape” Equifax, Inc. (NYSE:EFX) today released its monthly Economic Trends Commentary authored by Chief Economist Amy Crews Cutts and Deputy Chief Economist Dennis Carlson, which examines the highly-publicized notion that subprime auto lending is creating “the next bubble.” By examining data aggregated from the...
 

Tauriga Sciences cuts deal with Dragoon Capital

25 Aug 2014 @ 21:29
Tauriga Sciences Inc. (OTCQB:TAUG), a diversified life sciences company with interests in the natural wellness sector and in developing a proprietary synthetic biology platform technology, today announced that it has entered into an investment banking agreement with Tokyo, Japan based investment banking firm Dragoon Capital, Inc. Through this investment banking agreement, Dragoon has agreed on...
 

Magnolia Petroleum reports reserves

23 Aug 2014 @ 23:27
Not reserved about it. Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, has received an independent Reserves Report covering its leases in proven formations such as the Woodford and Mississippi Lime, Oklahoma, and the Bakken and Three Forks Sanish, North Dakota, as at 1 July 2014. In addition, the Company has received an independent...
 

MINING, OIL AND GAS

Monthly Technical Reviews on Gold and Silver (September 2014)

27 Aug 2014 @ 11:13
GOLD (XAUUSD) Dominant Bias: Bearish Contrary to the assumption that Gold would be bullish, its price has gone downwards significantly within the last 2 weeks. There is now a Bearish Confirmation Pattern in the market and the market can continue to be weak. There are support levels at 1275.00 and 1265.00, which would serve as the targets for the bears, providing that the price goes further...
 

Monthly Forecast on Gulf Keystone (September 2014)

26 Aug 2014 @ 22:53
GULF KEYSTONE SHARES RALLY The shares (LSE:GKP) were trending downwards till the early part of August 2014. That was when the price hit a rock bottom around the demand level at 60.00. After this, the price begins to rally – something that is still valid up till now. In the chart, the price broke above the upper Trendline, going further upwards. From its oversold territory, the RSI period 14...
 

BP announces First Gas from Egyptian DEKA Project

26 Aug 2014 @ 22:32
Trade like an Egyptian BP Egypt today announced first gas from the DEKA project offshore Egypt with the start of production from the Denise South-6 well at an initial rate of 50 million cubic feet per day (mmscf/d). The DEKA project is centred on the Denise and Karawan gas fields in Temsah Concession in the East Nile Delta and will supply the country’s domestic market. Hesham Mekawi, BP North...
 

Circle Oil Jumps Nearly 30% on New Find

26 Aug 2014 @ 21:05
The share price of Circle Oil (LSE:COP) jumped nearly 30% today on the news of a major oil find about 120 km off the coast of Tunisia. Shares closed Monday at 17.75. Institutional investors took most of the gain in pre-trading following the announcement, with Circle’s shares opening today at 21.75, gaining modestly throughout the trading day to close at 22.75, a 28.17% increase on the...
 

GLOBAL NEWS

Rumors Push ASOS Shares Higher

27 Aug 2014 @ 15:48

The share price of ASOS (LSE:ASC) has taken a dramatic upturn today, reaching 2,763.00 by 2:30 this afternoon, a rather phenomenal 17.7% increase from yesterday’s closing price of 2,348.00. Perhaps the most interesting fact about the sudden turnaround in share price is that the company hasn’t done anything to motivate investor interest. Unless you consider rumors to be substantial reason for such a reaction. ASOS shares, at the 2:30pm mark, ranked 5th in percentage increase (17.7) and 1st in number of trades (11,650) , actual gain (407.00), and Price x Volume (9,578), leading other London stocks by wide margins in each of those 1st place categories. The increase is not so much because of the rumor that a U.S. firm is interesting …

 

BP announces First Gas from Egyptian DEKA Project

26 Aug 2014 @ 22:32
Trade like an Egyptian BP Egypt today announced first gas from the DEKA project offshore Egypt with the start of production from the Denise South-6 well at an initial rate of 50 million cubic feet per day (mmscf/d). The DEKA project is centred on the Denise and Karawan gas fields in Temsah Concession in the East Nile Delta and will supply the country’s domestic market. Hesham Mekawi, BP North...
 

Circle Oil Jumps Nearly 30% on New Find

26 Aug 2014 @ 21:05
The share price of Circle Oil (LSE:COP) jumped nearly 30% today on the news of a major oil find about 120 km off the coast of Tunisia. Shares closed Monday at 17.75. Institutional investors took most of the gain in pre-trading following the announcement, with Circle’s shares opening today at 21.75, gaining modestly throughout the trading day to close at 22.75, a 28.17% increase on the...
 

Gap Trading Signals (August 25 – September 8, 2014)

25 Aug 2014 @ 23:49
Note: All the trades below were entered on August 25, 2014. If you’d trade the signals, they mustn’t be entered later than 7.00 AM GMT on August 26, 2014. Gap trading offers unique trading opportunities when they happen on hourly charts and on many currency pairs and crosses simultaneously. In the year 2011, there were constant gap-ups and gap-downs in the currency markets, which brought great...
 

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