Thu 31st Jul 14, 16:18
Results from oil major Royal Dutch Shell jumped after it smashed analysts' estimates with its second-quarter profits. Shell, which has a market cap of around £156bn at current prices, said that earnings on a current cost of supplies basis surged to $5.1bn in the three months to 30 June, up from $2.4bn the year before, helped by higher liquids production volumes and prices.
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Defence group BAE Systems posted lower half-year sales and profits as it downplayed talk that it could revive its failed merger with the former EADS group now known as Airbus. 13 minutes ago
Engineering support services group Redhall warned on profits after problems in nuclear contracting and delays in work from big customers. 9 minutes ago
Market News International's (MNI) Chicago regional manufacturing sector purchasing managers' index (PMI) fell back sharply in June, hitting the 52.6 point mark - the lowest since June 2013 - after a reading of 62.6 in the month before. 1 hour ago
First-half results from specialist electronics component maker Laird were slightly ahead of market expectations, pushing the stock into the top spot on Thursday afternoon. The group posted organic year-on-year revenue growth of 10% and improved operating margins. 10 minutes ago
Anglo-Turkish gold explorer Ariana Resources has done a $33m funding deal to bring a gold-silver mine into production. 1 hour ago
Argentina has been unable to afford its debt repayments for the second time in 13 years after last-minute negotiations between the South American country and a group of hedge funds fell through on Wednesday night. 1 hour ago
Disclaimer: This news feed is provided by Digital Look Ltd. BullBearings Ltd do not necessarily share the views expressed within the stories. The stories are for general information purposes only and not a solicitation or personal reccomendation to deal. BullBearings Ltd accepts no liability or responsibility for any of the content contained in the information provided by Digital Look Ltd.
With all of the conflicts going on in the world at the moment, Gaza under attack, Syria still in turmoil and also, the downing of a commercial airliner over Ukraine airspace, it seems prudent to understand what effect these various conflicts have on the market, from either a risk management or trading point of view.
In terms of safe haven asset effects, it was the latest issue arising in Ukraine that had the biggest effect so far. With the latest situation, involving the shooting down of a commercial Malaysian airliner by apparent pro Russian Ukraine separatists, the safe haven/risk off dynamic played nicely in the hands of savvy traders.
Lately, I have found myself in and out every day trading the Dow Jones. Even with bad sun burn I still maintain a high tolerance when it comes to missing out on a 30 pip rally with this naughty index.
If I get in and it goes against me, I hold the position as I trade with 150-point stops. Once it comes back into profit, I wait and I WAIT for the big move lower and it never comes – so I end up holding the position for longer than I should as it begins its ascent on the way back up.
Germany-focused workspace owner and operator Sirius Real Estate (SRE) has restructured its property portfolio and returned to the dividend list.
Sirius owns and operates 33 business parks, industrial facilities and offices in Germany. The company offers flexible workspace predominantly aimed at small and medium-sized companies, although it also has large companies, such as Siemens, as clients. There is more than one million square metres of lettable space.
Using technical analysis and the market fundamentals to review what happened to affect the major currencies last week and a look ahead for the big currency pairs this week.
Looking at the euro versus the dollar, analyst Jameel Ahmed from FXTM said the signs of a short-term bullish trend line in the EUR/USD that began to form the week prior turned out to be exactly that, a short-term bull.
With the Dow, S&P, NASDAQ, FTSE 100, DAX, FTSE 250 and RUSSELL 2000 sitting at either all-time highs or near multi-year highs it may feel like all the deals and bargains have gone. But determined stockpicking can still find undervalued gems.
This month I will take a look at a stock which I think still has tremendous value even after the recent bounce: Blackberry (NYSE:BBRY)