Stocks
SUVs Say Tata to Ford
After the well publicised sale of Jaguar and Land Rover to Tata, how is this likely to affect the Indian car manufacturer?
If we have a look at the Tata Motors [TCOA] share price on the London Stock Exchange we can see there has been a drop of just over 11 percent in the month of [...]
Oil Rise Leads to Gold Hedging Gains
The rising price of oil sent gold prices up in London. The demand for gold as an inflationary hedge led to rising prices on the commodities market.
Gold is joined by other precious metals seeing a rise in demand with prices rising for platinum, palladium and silver. With oil trading within one percent of $120/bbl, precious [...]
General Electric Earnings Lower Than Expected
General Electric [GE] released it’s first quarter earnings data today. The earnings figures came out worse than expected which had a knock-on effect on the US dollar.
General Electrics share price fell over 11 percent today after the data was released.
GE blamed falling profits at its financial services businesses for the poor earning report.
The EURUSD pairing [...]
Gold Advances As Hedge
Traders saw a rise in the value of gold, silver and precious metal stocks. The weakening US dollar led to traders investing in gold as a way to hedge against the currency downturn.
Gold made it’s third straight quarterly gain, making it a consistent hedging commodity during times of market volatility and the general economic downwards [...]
RIM Shares Rise
Research In Motion (RIM:TOR) the Canadian company behind the successful BlackBerry device saw a sharp rise in share value yesterday after forecasts for subscription growth and strong sales over the holiday period.
Much of the success has been felt with the addition of devices aimed at non-Business users, such as the Blackberry Curve and BlackBerry Pearl [...]
GM Performing Outside The USA
GM (GM:NYQ) announced losses of $1.5bn last year in the US; the CEO Rick Wagoner revealed profits of $744 million in far east countries including China and India.
GM was organised as a company one hundred years ago in 1908, yet GM didn’t reach the Chinese market until 1992. This shows a sharp growth in a [...]
Merrill Lynch Not So Bullish
After Citigroup announced large write-downs earlier this week, Wall Street investment bank Merrill Lynch has announced further write-downs exceeding expectations.
In November Merril Lynch CEO Stanley O’Neal left the company after the investment bank made losses in excess of $2bn. Today the bank announced record losses after writing down $15bn. The company lost almost half of [...]
CeresPower - Tech-Stock With Potential
Tech-stock investors will have their eyes on CeresPower as they await further positive news from an innovative and environmentally friendly idea.
The company took several steps closer to the consumer market this week. CeresPower are a technology firm specialising in the production of fuel cells.
In 2003 CeresPower won The Sunday Times Carbon Trust Innovation Award for [...]
Profits for Premium Retailer
With the recent swath of poor interim results hitting most of the high street retailers discussed here, it’s good to see a non-FTSE 100 retailer producing good figures.
In Ted We Trust
The motto found on the underside label on Ted Baker ties (and possibly other items of clothing) certainly seems to ring true for Ted Baker’s [...]
Retail Sales Data Down
Retailers had a poor end to 2007, booking the lowest figures in three years. The large retailer Marks & Spencer drop to a 19 year low on the LSE today after disappointing figures were released today at 9:00 (GMT).
Sir Stuart Rose acknowledged the difficult times in the retail sector in the intermin report , he [...]
