Fri 6th Dec 13, 10:47
Inflation expectations over the next 12 months rose to 3.6 per cent in the UK during the month of November, according to the latest survey from the Bank of England/GfK NOP.
Search news for stories that mention a company:
Show only the stories that interest you with news filter.
UK house prices rose 1.1 per cent in November compared to the previous month and were up by 7.7 per cent on the year, according to Halifax. 2 hours ago
European Central Bank (ECB) member Ewald Nowotny said that the end of the recession marked a time to focus on policies that give the region a chance to grow. 2 hours ago
Pearson has a long tradition spanning multiple sectors. Yet from the original weird collection of business interests held by the founding Cowdray family the Financial Times is the only surviving unit. Might it too be one day sold off? Not likely any time soon. New Chief Executive Officer John Fallon recently remarked that he could not recall a time when it was "more closely connected to our overall strategy". Said strategy has turned Pearson into an education and digital services outfit focused on emerging markets. Hence, for example, the company´s drive into Brazil, which lags behind in adult English language training. In parallel, the firm has been hiving off a litany of units now considered non-core. Nevertheless, the resulting cash has been recycled quickly so talk of returning it to shareholders does not seem reasonable. "The stock sells on more than 15 times this year's earnings with the support of a yield of about 3.5%, still worth holding for the long-term nonetheless," the Times´ Tempus says. 3 hours ago
Housing and oil stocks provide a lift; Focus on Fed ahead of non-farm payrolls; Berkeley jumps as strong housing demand boosts H1 results. 3 hours ago
1115: Marks&Spencer is drifting lower after Credit Suisse reiterated its underweight recommendation on the High Street retailer along with its 12-month price target of 425p. 38 minutes ago
US non-farm payrolls report in focus; UK inflation expectations released; German factory orders out 4 hours 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.
Regular readers will know whilst deep down I am a trend follower I will also take a contrarian view and also look for signs of beaten up stocks that are making a turnaround.
Two stocks both mentioned here before that have done extremely well for me and anyone brave enough to follow me are Citigroup (C) and AIG (AIG). Yes, both stocks would have gone broke had the US government not bailed them out, but that is the distant past and Uncle Sam is out of both and made money out of saving both companies.
It is often claimed that currencies have a tendency to depreciate during their home business hours. Lets look at how we can use this knowledge to trade the forex market profitably.
An academic study published in 2007 by Francis Breedon and Angelo Ranaldo thoroughly analyzed 10 years of historical data from 1997 to 2007 and not only found that this depreciation bias was a statistical fact, but also that it could be used as the basis for a profitably strategy on the EUR/USD pair, even after commission/spread costs were factored in.
China-based logistics services provider China Chaintek is a profitable, cash generative business offering a dividend.
A lack of capacity will hold back short-term profitability but the company is on course to significantly expand its distribution facilities and reap the benefits in terms of earnings growth.
A small entity of investment houses and traders believe we could see a token taper from the Federal Reserve as early as next month and this has given the dollar a degree of resilience despite the fact that we have seen some data points miss in the past week or so.
As we approach the release of the Non-Farm payrolls number we could well see that faction increase in numbers which will support the greenback and of course any beating of expectations i.e. a number greater than 185,000 will embolden the dollar bulls.
It is that time of year again – almost the beginning of December, and by extension, almost the end of the calendar year. The coming months of December and January are viewed by traders with an equal mixture of awe and suspicion – let's examine why that is and whether it is justified.
Trading folklore views January as an opportune time for a trend to start, and December as a month that either gives a great move or is as flat as a pancake.