US News

I can remember when UPS (NYSE:UPS) was what its acronym stands for: United Parcel Service.  Its full name no longer adequately describes the company.  It has become far more than a parcel service.  The initials and stock symbol better describe the state of the UPS share price, especially this past year.  In my humble opinion, […]

The share price of GW Pharmaceuticals (LSE:GWP) has been getting healthier on almost a daily basis since early October.  A well-received year end operations report was published on 18 November, but the share price was boosted even higher with the announcement today that the company’s primary product, Sativex®, has now been approved for use in […]

The Britvic (LSE:BVIC) share price shot up today on release of its preliminary results for the year ending 29 September 2013 and the announcement that it has entered into a new distribution agreement with Pepsico Americas.  Britvic shares are up 3.13% to 626.00 pence, continuing growth in its share price over the past 12 months, […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients, Something different this week. Well, kind of. We’re halfway through November meaning just 5 shopping weeks until the big day. It also means market observers such as myself are busy updating their annual Santa Rally research showing off their […]

Janet Yellen, the heir-apparent to Ben Bernanke as the head of the US Federal Reserve Bank, must face congressional confirmation hearings set to begin today before she can ascend to the throne room of the US economy on 01 February 2014. I doubt that anything substantive will be learned by observing the session that begins […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients, While we might have thought the surprise of the week was the ECB cutting interest rates to help counter falling inflation in the single currency region, make that three surprises now after US GDP and US Non-Farm Payrolls (NFP) […]

All eyes of global investors in the stock market were on the debut of Twitter on Wall Street, under the symbol NYSE: TWTR and an initial price per share of USD $26. About 11:00 am ET, the price per share amounted to USD $ 45.10, representing an increase of nearly 72.16 % to 2.200 transactions per minute. […]

NYSE Euronext (NYSE:NYX) have reported net income of $178 million, or $0.73 per diluted share on a GAAP basis, for the third quarter of 2013, compared to net income of $108 million, or $0.44 per diluted share, for the third quarter of 2012. Results for the third quarter of 2013 and 2012 included $24 million […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients, This week saw the UK’s FTSE100 Index add a further 100 points (1.5%) to revisit 6,700 as risk appetite remained supported by the US fiscal resolution (albeit short term, be prepared for a re-run), a welcome rebound in China […]

Once upon a time there were mining giants.  They mined huge amounts of different ores all over the world.  In order to get their mining done, the giants needed the help of elves.  WRONG STORY!  They needed that help of other giants.  One of them was a giant Caterpillar.  The Caterpillar became very rich and […]