At the end of January Harvard Professor Ben Edelman caused a storm when he published a blog post on internet video company Blinkx called The Darker Side of Blinkx which caused the internet video company’s shares to go into free fall.

Another disastrous announcement from consumer electronics giant Sony with the company’s ADS’s listed on the NYSE down 6% pre market open.

Twitter (TWTR) shares had their IPO on the NYSE on November 2013, with an IPO (Initial Public Offering) price of $26, valuing the company at $14.2 billion. On the first day of trading they closed at $44.90, up more than 72% on the day. Today they trade at $66 valuing the company at $36 billion.

After suffering numerous production problems and a share price that has fallen over 30% in the last year, Premier Oil today announced the departure of CEO, Simon Lockett, after 9 years as head of the company. He said “We can be proud of what we as a team have achieved but, after 9 years, I believe now is an appropriate time for a change in leadership as the business moves into its next phase. I am also looking forward  [read more →]

Google raised a few eye brows this week with its somewhat surprising decision to splash out $3.2 billion on acquiring home automation specialist Nest Labs Inc., the company set up four years ago by ex-Apple man Tony Fadell to reinvent unloved but important devices in the home.

On Wednesday, investors in FTSE main market listed Dialight (DIA) got another shock with a pretty dismal trading update.

Moody’s has cut the average price of gold to $1,100/oz and for Silver $18/oz in 2014. They say the fundamentals seem unfavorable over the next couple of years.

Goldman Sachs has highlighted a number of companies which have been laggards in 2013 and have a low valuation compared to sector peers.

A November monthly survey of 27 analysts projected Brent crude oil would average $104.10 a barrel in 2014, down from this year’s closing average price of $108.50. October’s poll saw Brent averaging $105.40 in 2014. Expectations from the same analysts are for Brent to average $102.60 in 2015.

Gold dropped another $15 today to $1188 a troy ounce, making it a 30% drop in 2013 and the worst performance for 32 years. In 2001, it was $271, in 2012 it ended the year at $1670.