Twitter hammered in pre-market trading as user growth disappoints
Apr 30, 2014 at 12:39 pm in General Trading by contrarianuk · Leave a Comment »
Apr 30, 2014 at 12:39 pm in General Trading by contrarianuk · Leave a Comment »
Apr 28, 2014 at 9:43 am in General Trading by contrarianuk · Leave a Comment »
Apr 26, 2014 at 8:10 am in General Trading by contrarianuk · 1 Comment »
Apr 24, 2014 at 9:37 am in General Trading by contrarianuk · Leave a Comment »
It was a big day for technology earnings in the United States after the market close last night with Facebook and Apple both reporting earnings. Apple’s shares rose nearly 8% to $564 on its fiscal second quarter earnings and Facebook rose 4.5% to $64 on first quarter earnings as both reported strong figures which helped reassure technology investors after the recent Nasdaq sell off.
Apr 20, 2014 at 3:28 pm in General Trading by contrarianuk · Leave a Comment »
Many investors are wondering whether this is the right time to start putting their money back into mining shares after an awful couple of years. The Blackrock World Mining Investment Trust is a good benchmark for performance of global mining companies with 11.6% of its assets in Rio Tinto, 11% in BHP Billiton and 9.7% in Glencore Xstrata.
Mar 17, 2014 at 10:23 am in General Trading by contrarianuk · Leave a Comment »
Cairn Energy isn’t having much luck these days after the glory days of 1999-2004 in India’s Rajasthan area. It found large amounts of oil in the Guda field (1999), followed by Saraswati (2001), Mangala (2003) and Mangala fields (2004). Cairn sold 58.5% of Cairn India for $8.67 billion in August 2010 to Vedanta Resources, with the company selling $5.5 billion of shares.
Feb 22, 2014 at 5:02 pm in General Trading by contrarianuk · Leave a Comment »
Vodafone shares finished on Friday with a 3% gain to 236p, making it a 48% gain for lucky shareholders in this FTSE 100 company over the last 12 months. Verizon Communications revealed that it has completed the acquisition of Vodafone’s 45% indirect interest in Verizon wireless and rumours are swirling that the UK mobile phone group could be the subject of an acquisition.
Feb 13, 2014 at 11:03 am in General Trading by contrarianuk · Leave a Comment »
Last summer I had some fun and games trying to trade gold miner, African Barrick Gold (ABG), and most of it rather unsuccesfully as its shares fell off a cliff. In June 2013 they went down below £1 and right now they are £2.60, an incredible recovery as a new management team has put in place new cost cutting measures to offset a weak gold price to boost profitability.