25/04/2014 04:04:57 Cookie Policy Free Membership Login

Barclays: "Bonuses Up, Profits Down"

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24 Apr 2014 @ 16:02

Over 800 shareholders heard Barclays’ (LSE:BARC) Chairman, Sir David Walker say exactly that this morning at the banks AGM at Royal Festival Hall today. In fact, what he said was, “”Bonuses up, profits down. Not a headline we would have chosen.” I beg to differ, as I usually do. I would most respectfully submit that Sir David and CEO Antony Jenkins have the full authority to prevent that headline, but they have chosen not to do so. Apparently an abundance of shareholders feel the same way. Barclays has clearly taken the position that retaining bonus-eligible executives and managers is more important than being committed to running a worthy operation. I truly believe that Walker and Jenkins may be suffering from …

 

What's Going on with GKP's Share Price?

24 Apr 2014 @ 00:00
Is Tedd Kozel practicing for the next Olympic bobsled competition? Because it’s hard to find anything else sliding downhill at the same speed, unless it is Gulf Keystone’s (LSE:GKP) share price! No one else seems to know why, so my guess is as good as anyone else’s. The GKPshare price dropped 6.27% to 86.00 during trading on Wednesday. A rapid decline like that usually drives...
 

Boeing Making Headlines Including This One

23 Apr 2014 @ 23:00
Boeing’s share price (NYSE:BA) is up 2% today to 130.10, the highest that it has been since 03 March. Since falling below the 130.00 mark on 29 January, it has broken the barrier only three times before today. Boeing stock closed yesterday at 127.55, opening this morning at 130.75, following a spate of major announcements over the past several days. Revenues u↑p, Earnings do↓wn. First...
 

BP to sell interest in four Alaska North Slope assets

23 Apr 2014 @ 22:41
Planning to focus on giant Prudhoe Bay oilfield and progressing Alaska LNG opportunity BP has agreed to sell interests in four BP-operated oilfields on the North Slope of Alaska to Hilcorp. The sale agreement includes all of BP’s interests in the Endicott and Northstar oilfields and a 50 percent interest in each of the Liberty and the Milne Point fields. The sale also includes BP’s interests...
 

Sotheby's peports preliminary 2014 Q1 figures

23 Apr 2014 @ 22:39
40% Increase in Net Auction Sales, 34% Increase in Impressionist and Contemporary Art Sales, and 81% Improvement in Pre-Tax Results Reflect Continued Successful Execution of Strategy Sotheby’s (NYSE:BID) today reported preliminary, unaudited financial results for the first quarter ended 31 March 2014. For the first quarter of 2014, Sotheby’s expects to report that Net Auction Sales...
 

Zynga announces 2014 Q1 results

23 Apr 2014 @ 22:37
Zynga Inc. (Nasdaq:ZNGA), a leading social game developer, today announced financial results for the first quarter ended March 31, 2014. “In Q1 our teams delivered a solid start to the year against our strategic frame of growing and sustaining our franchises, creating new hits and driving efficiencies. We have established a strong base for 2014 and believe we are pacing well for a year...
 

FTSE 100: Sideways Trend Should Lead to Bullish Breakout

23 Apr 2014 @ 13:41
e-Yield Sentiment Indicator (ESI) is neutral but it could turn bullish soon. One of the components of the ESI, the 34-day BTI is still declining while the second component is rising. This divergence will come to an end when the two indicators points in the same direction. Until then I can’t say with a high degree of certainty if sentiment is bullish or bearish. Given the alternate wave...
 

EnterNext lists in Paris

22 Apr 2014 @ 21:54
EnterNext, the Euronext subsidiary designed to promote and grow its market for SMEs, today celebrated the listing of AwoX, a pure player in connected objects and technologies for the Smart Home, on Euronext’s regulated market in Paris (compartment C). Founded in 2003 by Alain Molinié and Eric Lavigne, AwoX designs hybrid connected objects and technologies for the Smart Home. Since spring 2013...
 

NYSE to Suspend Trading Immediately in Genco Shipping & Trading

22 Apr 2014 @ 21:48
Commencing delisting proceedings The New York Stock Exchange announced today that the staff of NYSE Regulation, Inc. has determined to commence proceedings to delist the common stock of Genco Shipping & Trading Limited – (NYSE:GNK) – from the NYSE. Trading in the Company’s common stock will be suspended immediately. NYSE Regulation has determined that the Company is no...
 

Footsie Pharmaceutical Day

22 Apr 2014 @ 14:19
The usual, quiet, long Easter weekend has passed and the markets have opened to a roar from the pharmaceutical sector that one would expect to accompany the announcement of a new drug that both cures cancer and encourages erections that last more than four hours. Let’s identify the companies first, then try to sort it all out. In no particular order, the market is in a buzz because of...
 

MINING, OIL AND GAS

What's Going on with GKP's Share Price?

24 Apr 2014 @ 00:00
Is Tedd Kozel practicing for the next Olympic bobsled competition? Because it’s hard to find anything else sliding downhill at the same speed, unless it is Gulf Keystone’s (LSE:GKP) share price! No one else seems to know why, so my guess is as good as anyone else’s. The GKPshare price dropped 6.27% to 86.00 during trading on Wednesday. A rapid decline like that usually drives...
 

BP to sell interest in four Alaska North Slope assets

23 Apr 2014 @ 22:41
Planning to focus on giant Prudhoe Bay oilfield and progressing Alaska LNG opportunity BP has agreed to sell interests in four BP-operated oilfields on the North Slope of Alaska to Hilcorp. The sale agreement includes all of BP’s interests in the Endicott and Northstar oilfields and a 50 percent interest in each of the Liberty and the Milne Point fields. The sale also includes BP’s interests...
 

Plexus Holdings: A Very Difficult Market

22 Apr 2014 @ 23:05
Plexus stock (LSE:POS) is a difficult and choppy market as shown in the chart. The price is jumpy with no protracted directional move. However, what would be the next directional move when momentum returns to the market? The ADX period 14 shows that the market is in an equilibrium mode; but the fact that the DM- is above the DM+ means the bearish determination is strong enough to be noticed...
 

Iofina Shares Shall Dip Further

22 Apr 2014 @ 22:49
Iofina shares (LSE:IOF) are expected to dip further. The overall bias is bearish – established bias – and the possibility that the price may dip further is very high. The price is below the EMA 21. The Williams’ % Range period 20 recently sloped upwards in the context of a downtrend. This is a kind of ruse to make buyers think that the rally would push the price significantly upwards. The...
 

GLOBAL NEWS

Barclays: "Bonuses Up, Profits Down"

24 Apr 2014 @ 16:02

Over 800 shareholders heard Barclays’ (LSE:BARC) Chairman, Sir David Walker say exactly that this morning at the banks AGM at Royal Festival Hall today. In fact, what he said was, “”Bonuses up, profits down. Not a headline we would have chosen.” I beg to differ, as I usually do. I would most respectfully submit that Sir David and CEO Antony Jenkins have the full authority to prevent that headline, but they have chosen not to do so. Apparently an abundance of shareholders feel the same way. Barclays has clearly taken the position that retaining bonus-eligible executives and managers is more important than being committed to running a worthy operation. I truly believe that Walker and Jenkins may be suffering from …

 

What's Going on with GKP's Share Price?

24 Apr 2014 @ 00:00
Is Tedd Kozel practicing for the next Olympic bobsled competition? Because it’s hard to find anything else sliding downhill at the same speed, unless it is Gulf Keystone’s (LSE:GKP) share price! No one else seems to know why, so my guess is as good as anyone else’s. The GKPshare price dropped 6.27% to 86.00 during trading on Wednesday. A rapid decline like that usually drives...
 

Boeing Making Headlines Including This One

23 Apr 2014 @ 23:00
Boeing’s share price (NYSE:BA) is up 2% today to 130.10, the highest that it has been since 03 March. Since falling below the 130.00 mark on 29 January, it has broken the barrier only three times before today. Boeing stock closed yesterday at 127.55, opening this morning at 130.75, following a spate of major announcements over the past several days. Revenues u↑p, Earnings do↓wn. First...
 

BP to sell interest in four Alaska North Slope assets

23 Apr 2014 @ 22:41
Planning to focus on giant Prudhoe Bay oilfield and progressing Alaska LNG opportunity BP has agreed to sell interests in four BP-operated oilfields on the North Slope of Alaska to Hilcorp. The sale agreement includes all of BP’s interests in the Endicott and Northstar oilfields and a 50 percent interest in each of the Liberty and the Milne Point fields. The sale also includes BP’s interests...
 

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