Covert transfers and the SMP
We are indebted to Marc Ostwald of Monument Securities for this:AMSTERDAM, Dec 20 (Reuters) – The Dutch central bank cancelled its interim dividend, thereby increasing...
A €360bn LTRO?
The ECB has announced the result of Tuesday’s fine tuning operation.(Click to enlarge)You will note that just shy of €142bn was allotted in this one-day operation....
Markets Live transcript 20 Dec 2011
Markets Live chat transcript for the chat ending at 12:27 on 20 Dec 2011. Participants in this chat were: Neil Hume, FT Bryce Elder/FT neil collins NH HolaNH Welcome to...
Viva Espana [updated]
The Spanish auction results are out…RTRS -SPAIN SELLS EU5.64 BLN OF BILLS VS MAXIMUM TARGET OF EU4.5 BLNRTRS-SPAIN SAYS 3-MONTH BILL AVERAGE YIELD 1.735 PCT VS 5.110...
Inside the mind of a gold bug
Warning: this is a very scary place to be. Rampant inflation, conspiracy, socialism, totalitarianism and Ayn Rand can be found at every turn.Presenting the latest Thunder Road...
Snap news
Breaking pre-market news on Tuesday,- AstraZeneca warns full year earnings will be at the lower end of expectation after two late stage drug failures — statement.- Novartis...
Christmas cancelled for GKP investors
It’s taken more than a day and a half but Gulf Keystone Petroleum (GKP) has finally responded to speculation that Exxon Mobil was considering a £7bn, or 800p a share, cash offer....
Everything must go at HMV
Alternative title: What happens when lenders take effective control of an ailing PLC.The answer to that, of course, is they make you sell decent businesses to pay back debt. To wit,...
Markets Live transcript 19 Dec 2011
Markets Live chat transcript for the chat ending at 12:18 on 19 Dec 2011. Participants in this chat were: Neil Hume, FT Bryce Elder/FT NH Hola RabbleNH WTF is that?NH...
Bob the Bear is expecting more of the same in 2012
The traditional 2012 outlook report is not for Bob ‘The Bear’ Janjuah and his sidekick Kevin Gaynor. The Nomura strategists want to keep things simple and to the point....
Van man down
Presented without comment.The price action in Webvan 2.0 Ocado on Monday morning following a warning of lower than expected underlying profits because of further capacity problems...
Snap news
Breaking pre-market news on Monday,- Ocado warns on its measure of profits; sees full EBITDA between £27.5m to £28.5; analysts expecting £34.3m — statement.- HMV...
