Tue 13th Oct 15, 07:56:02
(ShareCast News) - Barclays is set to name US investment banker Jes Staley as its new chief, pending the regulator's blessing, according to various reports.
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(ShareCast News) - Inchcape's finance director John McConnell has tendered his resignation and will leave the company in March 2016 after 16 years. 39 minutes ago
(ShareCast News) - Housebuilder Bellway's 44% rise in full year profits to £354.2m was well ahead of consensus forecasts, allowing it to reward shareholders with a bumper dividend increase. 54 minutes ago
(ShareCast News) - Stocks are expected to begin the session slightly lower following the release of weak Chinese trade data overnight and mixed remarks from US Federal Reserve officials. 37 minutes ago
(ShareCast News) - Recruitment consultancy Michael Page posted a 10.2% increase in third-quarter gross profit to £139.2m thanks to good contributions from all four regions. 1 hour ago
(ShareCast News) - SABMiller have agreed to a possible £44 per share takeover offer from AB InBev. 1 hour ago
(ShareCast News) - Overseas sales of Chinese goods continued to recover in September but import volumes missed economists' forecasts. 1 hour ago
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Hosted cloud computing services provider Nasstar (NASA) is acquiring rival cloud computing services company Vesk for £7.81m, which will be immediately earnings enhancing.
Nasstar was one of my 2015 tips when it was trading at 8.5p a share. As part of an update in July, I said the loss of a major customer would have a negative effect on the second half of 2015 and the performance of the share price this year, but the underlying attractions of the cloud-based IT services and hosting provider remained.
We all tell little white lies from time to time, rationalising our actions or inaction in order to help us get through the day with our pride intact.
This phenomenon is particularly rampant in the world of investment, and today we are going to look at a few of the lies that traders tell on a frequent basis.
TRADERS´ Interview with Singapore Strategist
Dar Wong is Investment Strategist at Singapore based Dektos Investment Corporation and a regular financial columnist for Borneo Post and other financial magazines.
Let’s be honest: Wall Street has an embarrassing track record in forecasting what the markets will do.
According to a recent study by Money Morning, comparing the average forecast of Wall Street “experts” to the actual performance of the S&P 500 between 2000 and 2014 reveals a nearly 15 percentage point difference each year!
From the onset of time, human beings have associated certain activities with certain events, thus forming the basis of superstitious beliefs and actions.
These have also spilled into the financial markets. Here are 5 weird trading rituals commonly practiced by traders.