| | Tuesday 15 January 2013 THOUGHT FOR THE DAY  Never Trust the Seemingly Obvious Hello Share Folk,
I have a little share called Communisis. I'm glad that making money on this stock has proved much easier than to actually say the word. You try. Perhaps you prefer to know it by its epic code CMS.
Now I do wonder about the wisdom of a management that thinks this is a good name to call a firm. Perhaps they believed that something fairly difficult to pronounce would stay longer in the memory once you had mastered the trick.
Any road up, CMS do a lot of direct mail. I am one of those people who actually like uncalled-for post , because occasionally I discover something I am interested in and which I did not find out about from anywhere else.
Click here to read the rest of the article
Paper Round HMV, Goldman, JP Morgan
HMV, the high-street music and DVD store, is set to collapse into administration today, putting 4,000 jobs at risk. The looming failure of the entertainment chain, which was founded in 1921 and has 235 stores, emerged tonight as directors held a last-ditch meeting after failing to reach a new deal with the company’s banks. HMV has been battered by the rise of digital downloads and the flight of physical DVD and CD sales to the internet. [The Times]
George Osborne is facing pressure to take action in the Budget on bank bonuses after it emerged that Goldman Sachs is considering delaying big payouts to UK staff until after the 50p top rate of tax is abolished in April. The bank is looking at pushing back the payout date for deferred bonuses awarded in shares in 2009, 2010 and 2011 until after April 6 when the top rate of income tax drops to 45p. This mirrors behaviour at the turn of the the year, when Goldman Sachs organised payments to staff on the US on December 31, amid fears the fiscal cliff negotiations would rise personal taxation rates. [The Times]
US regulators on Monday night ordered JP Morgan to improve its control functions after multimillion-dollar losses on trading positions. After the losses, which eventually reached $6bn (£3.7bn), were first announced by the US bank in May, it became known as the "London Whale" incident and was said to have taken place in a trading operation known as the bank's "chief investment office"(CIO).
The Financial Services Authority said it had referred the matter to its enforcement division as regulators in the US ordered the Wall Street bank to strengthen its internal systems and controls. The FSA, the City regulator, said: "In addition to its extensive supervisory agenda, the FSA is continuing to conduct a formal enforcement investigation into the trading losses. Conclusions will be reached in the enforcement investigation in due course and any further appropriate action determined at that time". [The Guardian]
Up to 1,000 independent forecourts could be “wiped out” by 2017 as they lose custom to new supermarket petrol stations, the Petrol Retailers’ Association (PRA) has warned. An average of 40 super-market forecourts were granted planning permission each year since 2009, a study by Christie & Co on behalf of the trade body found. Steve Rodell, head of retail at Christie & Co, said: “If applications continue at the same rate, and there is no reason to believe that will not be the case, there will be another 160 supermarket sites by the end of 2016.” [The Telegraph]
The European Commission has concluded that China is providing illegal subsidies to its steel manufacturers, paving the way for European companies to seek higher import tariffs on a wide range of Chinese products. The EU executive arm said Beijing was helping makers of organic coated steel – used in construction and to make household appliances – to obtain materials at below market prices, according to a report obtained by the Financial Times.[Financial Times]
An influential cross-party committee of MPs accused the Government of environmental hypocrisy for refusing to push for a moratorium on drilling for oil and gas in the Arctic. Two weeks after Shell reignited concerns about the safety of Arctic exploration when its offshore Alaskan rig Kulluk ran aground, the Government rejected a call by the Environmental Audit Committee for a blanket ban on drilling around the North Pole. Joan Walley, who chairs the committee, said: "A few years ago the Prime Minister rode with huskies in the Arctic to demonstrate his commitment on environmental issues, but now he is being asked to protect that pristine wilderness for real he has refused to take a lead on the issue." [The Independent]
Abu Dhabi’s national oil company has set a North Sea record by delivering first oil from the Cormorant East field to the east of Shetland just 85 days after it was discovered. Taqa Bratani operates the Cormorant East well and the nearby North Cormorant platform, from where the oil will be pumped to the Sullom Voe terminal on Shetland. The discovery was made in October and its name was subsequently changed from the Contender exploration well to the Cormorant East production well. Taqa entered the British sector of the North Sea in 2009 after buying assets from BP, including the Brent system, which delivers oil from 20 fields to Sullom Voe. [The Scotsman]
FREE SHARE TIP OF THE DAY  Quindell Portfolio - Further Positive News Flow - Quindell Portfolio, the leading supplier of software, consulting and outsourcing services within the insurance and telecoms sectors, has announced the completion of several key acquisitions and a positive trading update.
- Management stated on 18th December that it expects preliminary results for FY2012 to be significantly ahead of market expectations and confirmed that trading in Q4 2012 was continuing positively.
- Furthermore, Quindell has also received approval from the SRA to operate as an ABS for legal services.
- We are encouraged by Quindell's continual positive news flows, and as such we reiterate our stance of buy and upgrade our target price to 32p from 30p.
Click here to read the rest of the article
THE LATEST ON THE CRAZY BOARD The top 5 hot company threads on the Bulletin Board: HMV Stratex San Leon Energy Iomart The Running Trading Thread
Click here to discuss shares with other ShareCrazy members |
|
| | | |
| | |
|
If you do not wish to receive such emails please use the following link to unsubscribe. Sharecrazy.com Limited is an Appointed Representative (FSA registered number 245145) of Rivington Street Corporate Finance Limited which is authorized and regulated by the Financial Services Authority (FSA registered number 184761). Sharecrazy.com Limited is ultimately owned by Rivington Street Holdings PLC, 39 Athol Street, Douglas, Isle of Man IM1 1LA, the holding company for other regulated entities such as t1ps.com Limited and Rivington Street Corporate Finance Limited. Sharecrazy.com Limited does not offer investment advice. The website and the articles on it are for general guidance only and we cannot assume legal liability for any errors or omissions they might contain. The value of investments can go down as well as up and you may not get back the full amount you invested. If you are in any doubt about investing, seek the guidance of a suitably qualified and regulated financial adviser.
The appearance of an advert does not mean that we endorse the advertiser's goods or services. While we will not knowingly run an advert that is untrue, T1ps.com is not responsible for the accuracy of any advertising material or the accuracy of the description of an advertised product or service anywhere on our websites.
We do not recommend or endorse any vendor/trainer/product/service other than our own. It is up to each member to decide whether what an advertiser offers is right for you. We take every care to ensure that scams and spamming are not run on this website, but we recommend that any purchaser/service user take every precaution possible to satisfy themselves of the authenticity of any service/product purchased and responsibility for this lies solely with the purchaser.
The appearance of an advert on the site or via email from ShareCrazy.com does not mean that we endorse the advertiser's goods or services. While we will not knowingly run an advert that is untrue, ShareCrazy.com is not responsible for the accuracy of any advertising material or the accuracy of the description of an advertised product or service anywhere on our websites.
We do not recommend or endorse any vendor/trainer/product/service other than our own. It is up to each member to decide whether what an advertiser offers is right for you. We take every care to ensure that scams and spamming are not run on this website, but we recommend that any purchaser/service user take every precaution possible to satisfy themselves of the authenticity of any service/product purchased and responsibility for this lies solely with the purchaser.
The appearance of an advert does not mean that we endorse the advertiser's goods or services. While we will not knowingly run an advert that is untrue, ShareCrazy.com is not responsible for the accuracy of any advertising material or the accuracy of the description of an advertised product or service anywhere on our websites.
We do not recommend or endorse any vendor/trainer/product/service other than our own. It is up to each member to decide whether what an advertiser offers is right for you. We take every care to ensure that scams and spamming are not run on this website, but we recommend that any purchaser/service user take every precaution possible to satisfy themselves of the authenticity of any service/product purchased and responsibility for this lies solely with the purchaser.
No comments:
Post a Comment