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Provident Financial PLC shares down

Provident Financial PLC shares down. Provident Financial PLC (PFG) shares are taking a hammering again today. They have been falling all day again and at 15:00 on 21/08/17 they were down 68% at £5.51  and falling! In May this year the shares were trading at a high of £32.50 and …

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Money

Is UK state pension system broken?

Is the UK state pension system broken? It started in 1909 when approximately 500,000 people aged 70 and over, who qualified,  were given an old age pension of five shillings a week. That’s 25 pence – equivalent to £20 in today’s money. The pension we have now by comparison is …

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Markets

FTSE 100 companies going ex dividend this week

FTSE 100 companies going ex dividend this week on: 24th August 2017 Prudential PLC (PRU) London Stock Exchange Group PLC (LSE) Mondi PLC (MNDI) Carnival PLC (CCL) Paddy Power Betfair PLC (PPB)

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News

Just how much bigger can these corporations get?

Just how much bigger can these corporations get? I have been looking through some big US company results recently?  It led me to wonder just how BIG can these corporations get? Are they too big? Are they providing a subjective and unbiased service to the customer? As these businesses become …

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Markets

Markets subdued this morning

The FTSE 100 and European markets seem stuck this morning – generally moving lower.  The FTSE 100 has been trading in the range between 7300 to 7325 I don’t know but I’m guessing the markets are waiting for Trump and his Whitehouse entourage to settle back down again. The background …

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Markets

UK stock markets close down

UK stock markets close down The FTSE 100 closed down at: 7328 The FTSE 250 closed down at: 19640 Only eight companies in the FTSE 100 finished in positive territory. The best performer was: Randgold Resources Ltd (RRS) – up 1.2% at £74.95 At the bottom was: Paddy Power Betfair …

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News

Lenovo reports surprise loss

Lenovo reports surprise loss. The Chinese computer manufacturer reported a surprise loss Friday, its first in almost two years. Lenovo also warned component supply difficulties would increase costs. Shares in Lenovo fell. www.lenovo.com  

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Markets

European stock markets continue to slide

European stock markets continue to slide. The FTSE 100, FTSE 250, DAX 30 & CAC 40 have all struggled to make gains this morning. The unsettled US political environment and the horrific terror attack in Spain are weighing heavy.  

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Markets

Markets fall

Markets fall Wall Street’s market fall yesterday was closely followed down by Asian stocks on Friday. A number of collective incidents have led to this current market fall. Markets were already under pressure on Thursday as news of Donald Trump’s handling of the unrest in Charlottesville became clear. Reactions to …

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Markets

US stock markets down

US stock markets down The DOW Jones Industrial Average dropped 272 points today to close lower at: 21752 The S&P 500 closed at: 2430 down by 38 points. The NASDAQ  closed down at: 6221 All companies making up the DOW Jones Industrial Average saw red today! Investors are taking a …

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Markets
FTSE 100 companies going ex dividend this week

FTSE 100 companies going ex dividend this week on 28th September 2017… Worldpay Group PLC (WPG) Intertek Group PLC (ITRK) Smurfit Kappa Group PLC (SKG) Morrison (Wm) Supermarkets PLC Hargreaves Lansdown PLC  

Markets
Federal Reserve meeting update

Federal Reserve meeting update. The Federal Reserve on Wednesday (20/09/17) announced it will start reducing the size of its balance sheet. At something like $4.5 trillion it will now, after nine years finally start reducing the balance in October 2017 on a monthly basis. US interest rates were held at …

Markets
Dow Jones Industrial Average up again

Dow Jones Industrial Average up again I don’t know how many more times I will report on the rise of the Dow but it did it yet again yesterday (19/09/17). A new high was reached and at close the DJIA was: 22370 The outcome of the Federal Reserve’s policy meeting …

Markets
Record breakers

Record breakers. The record breaking highs just keep on coming as the Dow Jones Industrial Average yet again sets another record high on 18/09/17. The Dow Jones closed up at: 22331 The S&P 500 closed up at: 2503 The NASDAQ closed up at: 6454 For how much longer can these …

Markets
Dow Jones flying high again

Dow Jones flying high again New record high set by the Dow Jones Industrial Average. The DJIA closed up at: 22268 – yet another new record high!

Markets
FTSE 100 companies going ex dividend this week

FTSE 100 companies going ex dividend this week on Thursday 21st September 2017 Old Mutual PLC (OML) Taylor Wimpey PLC (TW.    

Markets
Sterling continues upward march

Sterling continues upward march. The pound bashed through $1.36 against the dollar on Friday (am 15/09/17) as the FTSE 100 falls back. Will it hold on to these gains?  

Investing
J D Wetherspoon reports

J D Wetherspoon reports. End of year accounts from J D Wetherspoon report sales and profits up! Profit before tax is reported at: £102.8 million (up from £80.60 million in 2016). Sales up by: 4% (like-for-like). Where else can you get such good value? J D Wetherspoon PLC (JDW) is …

Markets
Asian stock markets end the week subdued

Asian stock markets end the week subdued Investors appear to largely shrug off the latest provocation from North Korea as another missile is fired over Japan. Japan’s NIKKEI index closed up to end the week at: 19909 and South Korea’s KOSPI index closed up at: 2386. Hong Kong’s Hang Seng …