16 Jan 2014 @ 15:38
If there was an albatross around the neck of the FTSE during 2013, it had to have been the entire mining sector. If the sector had performed better as a hole – er, I mean as a whole – who knows what heights the FTSE could have hit during the year. But, as was the […]
15 Jan 2014 @ 16:37
It would be a bit of “Johnny come lately” if I were to tell you that Google (
NASDAQ:GOOG) is acquiring Nest Labs. Unless you have been living under a rock and been fracked out of house and home today, you already know that the search engine monster has paid $3.2 billion for a caviar that […]
14 Jan 2014 @ 19:24
We haven’t even had time to fully digest the significance of the news of Ben van Beurden assuming the role of CEO at Royal Dutch Shell (
LSE:RDSA); (
LSE:RDSB) and we are already hearing that RDS intends to divest $15 billion in assets, beginning immediately and continuing through 2015. Investor response thus far has been restrained, with […]
13 Jan 2014 @ 21:31
I’m not one to beat a dead horse, but I do believe that one should stay on topic until at least some people ”get it” before moving on. My article, “Retail Wearing the Emperor’s New Clothes,” was published by ADVFN just a few days ago, on Friday, 10 January. In it I pointed out that […]
10 Jan 2014 @ 17:19
Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients, Since we last wrote the UK flagship Index closed 2013 +14.4%, capping off a terrible year for its miners (-30% to -60%) but a great one for the likes of airlines (+100 to +120%) and financial services (+35% to […]
10 Jan 2014 @ 15:42
If the holiday season did anything for investors, it highlighted an issue that most really prefer to ignore. The retail sector is in trouble. UK stalwarts, like Morrisons (
LSE:MRW), Tesco (
LSE:TSCO) and Sainsbury (
LSE:SBRY) share prices have pulled the London Exchange lower as each reported dismal sales during the season. Because we all see the […]
09 Jan 2014 @ 14:44
“When historians write this story 10 or 20 years from now, they are going to look at a very different U.S. Everything has changed.” That was the forecast of Philip Verleger, energy sector guru and former director of energy policy at the U.S. Treasury Department, in an article published this week. Energy Investors, Beware! Your […]
07 Jan 2014 @ 15:57
In my humble opinion, I believe that investors sometimes spend so much time analyzing numbers on a page that they miss news that has the potential to make or break a company. Don’t get me wrong, I strongly suggest thorough analysis when investing, it’s just that there is a danger in burying one’s head in […]
06 Jan 2014 @ 15:49
The quiet community of Kirkland Lake is located in northern Ontario adjacent to the Quebec border, in an area where the forests are far more dense than the population and where the temperatures at this time of year average a high of -10.7° Celsius and a low of -23.4°C. It also sits strategically within what […]
06 Jan 2014 @ 13:17
BP have said that 2013 had been its most successful year for new field exploration for almost a decade. During the year, BP has participated in 15 completed wildcat exploration wells which have resulted in seven potentially commercial discoveries, giving a new field exploration success rate of over 40%. Lamar McKay, chief executive of BP’s […]