Global News

For the second day in a row two major U.S. tech stocks have taken a beating in one form or another.  Yesterday it was IBM (NYSE:IBM) and Intel (NASDAQ:INTC).  Today it is Google (NASDAQ:GOOG) and Microsoft (NASDAQ:MSFT) who find their share prices in trouble. How the markets will be impacted today remains to be seen […]

Its going to be an interesting end-of-the-week for tech stocks now that both IBM (NYSE:IBM) and Intel (NASDAQ:INTC) have released their quarterly earnings reports.  Neither one was very exciting for shareholders, as both reported double-digit declines in earnings. IBM IBM, which for the trivia minded, was born and raised in my hometown, reported a drop […]

My first look at the FTSE charts at midday reminded me of Churchill’s “V for Victory” sign as it resembled the statesman’s forefinger and index fingers raised aloft.  The 100, the 250, and the TechMARK all resembled a huge “V” as an early morning slump reversed its course and the indices rose to opening heights. […]

GlaxoSmithKline (LSE:GSK) share price plummeted today by 25.50 pence to 1719.00 after the noon hour.  Although it would be difficult to determine precisely why GSK’s share price has dropped, it might have something to do with its inability to distinguish itself from the illegal drug trade in China. Reports this morning indicate that at least […]

That’s a very good question.  What do a retail candy store chain and an IPTV company have in common?  At first glance, it would appear that the answer is “nothing”.  May I suggest that on this date, 15 July 2013, they both prove that what they teach in art appreciation courses is true.  That is, […]

Pound Sterling Over the course of last week the Pound experienced pretty extensive fluctuations. As the week began, disappointing UK industrial production figures and speculation surrounding Federal Reserve chairman Ben Bernanke’s announcement saw Sterling slide against the US Dollar and Euro. To ask a currency expert a question direct, click HERE Or to receive a […]

You’ve got to like Active Risk (LSE:ARI) as an investment.  People liked it so much today that its share price grew by more than 50% on trading of only 1.076% of its outstanding shares following the announcement of its impending acquisition by Sword Aquila Ltd.  By early afternoon the share price had risen 11.5 pence […]

Okay.  Let’s operate under the assumption that not everyone on High Street understands Italian.  The headline means that Avanti Communications (LSE:AVN) is moving backward, losing 36.37% of its market cap today as its share price dropped 89.75 pence to 157.00 by 2:00 pm.  In case you still don’t get the dark humor of the title, […]

Centamin plc (LSE:CEY) delivered a Q2 report that was astounding in terms of production at its Sukari gold mines.  Yet its share price tumbled this morning by 0.36% to 38.22.  Simply reading the report, one might expect the price to be ascending rather than descending.  Perhaps the fact that the Sukari project is in Egypt, […]

One headline in particular blew me away this morning – “Banks Urged by Regulators to Adopt Tougher Internal Auditors.”  Well, duh.  While I am reasonably certain that the Chartered Institute for Internal Auditors expects its members to adhere to the highest possible standard of ethic and conduct, the way that the news is being reported. […]