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You are browsing the archive for 2014 June.

US markets hit fresh all time highs as jobs numbers don’t disappoint

Jun 6, 2014 at 2:16 pm in Market Commentary by contrarianuk · Leave a Comment »

The S&P 500 is sitting at 1,948, a rise of 7 points after a strong May US non-farm payrolls number pleased the markets and means that for the first time since the last recession the US has made up all the jobs lost in the 2008/2009 down turn.

ASOS plummets by over 30% as margins deteriorate

Jun 5, 2014 at 9:43 am in General Trading by contrarianuk · Leave a Comment »

Shares in online fashion retailer, ASOS, targeting the “twentysomethings” dropped as much as 42% first thing this morning and are now trading down over 31% to £31.22 after a profits warning caused by weaker than expected international sales and continued problems in China.

Tesco Interim management statement tomorrow should be interesting reading

Jun 3, 2014 at 4:30 pm in General Trading by contrarianuk · Leave a Comment »

Tesco’s first Quarter Interim Management Statement 2014/15 is set to be issued tomorrow morning and expectations are low to say the least after the release of sales data from a data auditing firm today.

Bowleven Etinde news delivered

at 9:08 am in AIM by contrarianuk · 1 Comment »

As expected after the volume surge on Friday the news on Bowleven’s Cameroon Etinde development came through today and it looks like the approval is almost in the bag with only the President Paul Diya to sign the decree after the Cameroon state approved the EEAA. A big relief for shareholders…