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Scotland to phase out new petrol and diesel cars

Scotland to phase out new petrol and diesel cars. Scotland has announced plans to phase out new petrol and diesel cars by 2032. That’s eight years ahead of the rest of the UK. Why not have some unity here and plan together? No wonder BREXIT is a complete nightmare when …

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News

Nissan announce improved Leaf battery performance

Nissan announce improved Leaf battery performance As competition in the electric car industry starts to motor (and about time in my opinion) Nissan announce range improvements to their Leaf electric car. The new Leaf electric car can travel approximately 50% further than its predecessor (depends on terrain). The new Leaf …

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News

Micro Focus International PLC completes deal

Micro Focus International PLC completes deal. Micro Focus International PLC (MCRO) shares are up this morning by 7.6% at: £23.75 The company on 1st September 2017 successfully completed its merger with HPE Software. This has been an exceptional period for Micro Focus as it was itself the target of a …

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Markets

FTSE 100 down after service sector data

FTSE 100 down after service sector data The FTSE 100 closed down today (05/09/17) at: 7372 after a survey suggested service sector growth had slowed. North Korea’s nuclear test continues to bear heavy on global politics and therefore financial markets.

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News

UK company Destiny Pharma takes AIM

UK company Destiny Pharma takes AIM This company has just shot across my radar screen. It is has recently listed shares on the London AIM market and raised £15 million by doing so. Destiny Pharma is a UK pharmaceutical company involved in the research and development of drugs to target …

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Markets

Asian stocks slip

Asian stocks slip After Fridays small gains Asian stock slip back again. The news of North Korea testing a nuclear device saw Japan’s NIKKEI close down at: 19527 and Hong Kong’s Hang Seng index also close down at: 27740 Wall Street is closed Monday 4th September for Labor Day!   …

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Markets

Beige Book published on 6th September

Beige book published on 6th September 2017. But what exactly is the Beige Book? Beige Book Facts It is called The ‘Beige Book’ because its cover is the colour beige. It is a report published by the US Federal Reserve eight times a year. The report is published in advance …

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Markets

US non-farm payroll data update

US non-farm payroll data update The US economy created fewer jobs than expected in August adding 156,000 (180,000 expected) still a good number though. However, the previous months figures were later revised down. The US unemployment rate has held at or close to 4.4% since April this year. Has US …

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Markets

FTSE 100 companies going ex dividend

FTSE 100 companies going ex dividend this week on: 07/09/17 Standard Life Aberdeen PLC (SLA) Shire PLC (SHP) Antofagasta PLC (ANTO) Admiral Group PLC (ADM) RSA Insurance Group PLC (RSA) Conva Tec Group PLC (CTEC) BHP Billiton PLC (BLT) Glencore PLC (GLEN) CRH PLC (CRH) Land Securities Group (PLC)  

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News

Good bye Yellow Pages

Good bye Yellow Pages. The business directory Yellow Pages will no longer be a ‘paper’ publication and is going fully digital from next year. After 51 years in print the familiar yellow book used by millions over the years will be no more. Sad in a way as yellow pages …

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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 …