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Finance

FTSE 100 companies going ex dividend on 31/08/17

FTSE 100 companies going ex dividend on 31/08/17… G4S PLC (GFS) Croda International PLC InterContinental Hotels Group PLC (IHG) Hammerson PLC (HMSO) St James’s Place PLC (STJ)

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Markets

Gold up equities down

Gold up equities down. The North Korean missile launch over Japan overnight has made investors nervous again. Gold and equities move in opposite directions as investors move to gold perceived as a safe haven during uncertain times.  

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Markets

London Stock Exchange closed Monday

London Stock Exchange closed Monday. No markets open Monday 28th August 2017 due to UK bank holiday.

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Markets

Profit warnings this week

Profit warnings this week. Should we be more concerned about the profit warnings issued this week? Is it just individual company performance or a more wider concern? I don’t know. Dixons Carphone PLC (DG.), WPP Group PLC (WPP) and Provident Financial PLC  (PFG) fired profit warnings at us for varying …

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Markets

Jackson Hole meeting

Much is being made by the media of the Jackson Hole meeting on Friday. I think after years of stimulus brought on by the global financial crisis it has to be time to move back to a more ‘normal’ environment – whatever ‘normal’ is now. Debt has been fuelled by …

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Markets

Lower on Wall Street

Lower on Wall Street. The Dow Jones Industrial Average ended lower yesterday (24/08/17) to close below 21800 at 21783. The S&P 500 closed at 2438. Investor uncertainty continues ahead of the central bankers gathering at Jackson Hole on Friday.  

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Investing

Compound interest – investors best friend

Compound interest – investors best friend. I didn’t quite know where to start with this post. So I decided to go back to school. In particular to my school maths lessons and Friday afternoons. Yep, that’s right maths on a Friday. What kind of person would schedule two hours of …

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Investing

Sterling one pound – a brief history

Sterling one pound – a brief history. NOTE: this rambles a bit, but bear with me… I’ll come back to it and tidy it up at a later date – maybe. A pound coin originally weighed one troy pound of sterling silver. This gave the currency the name pound sterling …

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Markets

Dixons Carphone shares plunge

Dixons Carphone shares plunge After a surprise profit warning announced Thursday morning (24/08/17) Dixons Carphone shares took a dive. At 12:30 the share price was down by 22% – it had been lower. The company warned pre-tax profits would fall below the previous year. Lower sales of mobile handsets is cited …

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News

WPP Group PLC reports slowing sales

WPP Group PLC reports slowing sales WPP Group PLC reported slowing sales yesterday and warned about future growth. WPP is seen as bellwether for the advertising industry. It is suggested that clients are bypassing more traditional advertising methods in favour of digital platforms such as google and Facebook. How will …

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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 …