US News

Pound Sterling – At the start of the week the Pound saw little movement against its most traded peers, but did make gains against the US Dollar. The rise came after the Bank of England released data showing that lending to small UK firms hit a record high in June. To ask a currency expert a […]

CCP Group shares quadruple in value in only 2 days. CPP Group Plc (LSE:CPP) is a leading provider of Life Assistance products and services with approximately ten million live policies in 14 different countries. Looking at CCP Group’s recent share prices might indicate that they could assist in filling your wallet too… In the past […]

Lloyds Banking Group (LSE:LLOY) share price closed at 68.47 as July trading came to a close yesterday.  The bank released its half-year report at 7:02 this morning.  By 8:22 am its share price has reached 72.98.  By 10:14 am, it was at 74.41.  At 13:00 it had ascended to 74.85.  Lloyds’ share price has not […]

British American Tobacco (LSE:BATS) share price rose 57.50 pence this morning to 3,520.00 following the release of its first half earnings report.  For lower-priced stocks that would be quite a leap, but with a share price in excess of 3,500, it amounts to about just over 1.5% The tobacco industry completely puzzles me.  I live […]

Auction to close on August 1. As part of its ongoing efforts to wind down and recover its remaining Capital Purchase Program (CPP) investments under the Troubled Asset Relief Program (TARP), the U.S. Department of the Treasury has announced its intention to sell several preferred stock and subordinated debt CPP investments. Reports say that the […]

US auto-industry recovering as the Motor City faces crisis Chevrolet, part of the GM Group, sold a record 2.5 million vehicles around the world in the first six months of 2013, up 1.4 percent over the same period in 2012, and achieved its 11th straight quarter of increased sales on the strength of new products […]

The flagship retail store of The Bay is an icon of downtown Toronto at the intersection of Yonge and Queen.  It is the store to which Toronto families flock in the weeks before Christmas to see the seasonal displays in the windows along the main street of the city.  Along with the Eaton Center, it […]

Progress described as a “significant step forward”. ExxonMobil, BP, ConocoPhillips and TransCanada have begun summer field work as part of their activities associated with a staged pre-FEED (front end engineering design) for the Alaska South Central LNG (SC LNG) project. This summer field work will employ approximately 150 people. Since the joint work began in […]

Decision to move forward with two projects at existing developments enhances offshore portfolio. Shell, and its partners, are expecting to boost production with two new deepwater projects at Parque das Conchas (BC-10) and the Bijupirá/Salema fields. “Offshore Brazil is a key part of our plans to grow our deepwater portfolio – a key component of […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; This week looks like the point where July equity momentum may have started to flag. Having traded sideways 6550-6660 for a few weeks, looking like consolidating the sharp 11% 6000-6600 gains from end-June, we had expected this to serve […]