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News

Energy Costs Soaring

Energy Costs Soaring Lots of energy related discussion on the newswires this morning – ranging from the sublime to the ridiculous. On one side of the energy scale we have useful comment on how we can individually save on our energy costs by switching suppliers or at the very least …

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Markets

Early close today for the NYSE

Early close today for the NYSE The New York Stock Exchange closes early today at 13:00 (that’s 18:00 to you and me). The NYSE will be closed on 4th July for US Independence day, but futures will still be open. The 4th of July commemorates the adoption of the Declaration …

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News

Congratulations to Raspberry Pi

Brilliant piece of kit – I love it! The Raspberry Pi reminds me of the home computer hobby age of the 1980’s ushered in by the likes of Sinclair and Commodore computers. The Raspberry Pi has won an award from the Academy of Engineering. The company, based in Cambridge, created …

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Finance

Interest rate rise due soon?

Interest rate rise due soon? Will they – won’t they? A rate rise has been on the discussion agenda for some time now. Recent comments from the Bank of England MPC have been somewhat confusing, leaving us none the wiser again. With the next policy meeting due on 3rd August …

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News

Apple iPhone is 10

Apple iPhone is 10 Ten years ago on 29th June 2007 the first Apple iPhone went on sale – the device went on to revolutionise the world of communications technology. I recall the reports covering the arrival of the iPhone presented with the now traditional theatrical staged managed announcement, a …

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News

Google shop record fine

Google shop record fine. It’s no secret Google has been fined 2.42 billion euros ($2.7 billion; £2.1 billion) by the European Commission. The commission said Google had abused its power by promoting its own shopping comparison service first at the top of search results. If true – this potentially has …

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News

Cyber attack take two

Cyber attack take two. Snapping at the heels of a sustained ransomware cyber-attack attributed to virtually bringing the NHS to its knees, and with many other businesses infected world-wide, we now experience yet another attack, this time on parliament. It transpires that many email accounts were hacked due to a …

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News

The robots are coming

The robots are coming. Autonomous vehicle anyone? Self-drive car hire that self-drives – literally. I might be jumping the gun a bit – but presumably this is the idea. How long will it be before we can hire a self-drive vehicle that drives itself. Waymo, the self-driving car unit of …

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News

Bank bail out cost 5.2 billion euros

Bank bail out cost 5.2 billion euros. I notice in the news today that the Italian government is bailing out two more of its banks at a reported cost of 5.2 billion euros (£4.6 billion; $5.8 billion). This comes not long after the Monte dei Paschi bank bail out. It’s …

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Finance

Warren Buffett splashes the cash

Warren Buffett splashes the cash Warren Buffett… is probably the worlds greatest investor, certainly to me anyhow. I can’t get enough of this guy. What is he up to now? He has invested in a Canadian lender (non-bank), Home Capital Group. Through his Berkshire Hathaway Group Warren Buffet has invested …

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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 …