RSS FeedThere's Naut Like A Good Results Fest
Posted by Senan
Carnage on the stock markets today. When I looked at my watchlist at about 4pm it was red red red. Stocks from all over the world were getting the jitters. Financial services and mining were particularly hard hit. And of course, the stocks I actually own were also way down; it's like the kiss of death when I jump in! There were a couple of notable exceptions, namely Vodafone (which posted an encouraging update). MasterCard was way down, something like 10%, because even though it increased profits, it didn't hit analyst targets. Speymill Deutsche was also way down; their trading update was mostly about loan covenants, interest rate swaps, and what not. Stuff to give even the most astute investor the heebie-jeebies. Myriad Genetics and Innophos Holdings also took a bath. Can't wait to see what happens tomorrow......
Toyota Ready To Address The Concerns Of Recall
The company’s executive in charge of US Sales Division, Jin Lentz will make a public appearance to put to rest to all the worries of the consumers over recall due to sudden acceleration of the vehicles made by Toyota Motor. This will be the first ever media appearance by the company to address this matter. The company also published an advertisement in newspapers in order to inform about the halt on production for a week at the company’s five manufacturing plants in North America. The regulators have approved a shim to be inserted in the gas pedals of the vehicles to prevent the sudden acceleration. Toyota plans to produce about 120,000 shims in a day. The discontinuation of production in North America will help assemblies in i...
ISEQ and Company Update, 05-Feb-2010
ISEQ Week Open: 2976.25, Week Close: 2890.11 Ryanair Announced a Q3 loss of €11m down from a loss of €102m in Q3 last year. Revenues rose by 1% to €612m, as 14% traffic growth was largely offset by a 12% decline in average fare. Unit costs fell by 23% (excluding fuel they fell by 4%) despite a 3% increase in sector length. Source: http://www.ryanair.com/ie/news/ryanair-q3-loss-reduced-from-102m-euro-to-11m-euro Ryanair showed a 9% growth in traffic for January. Source: http://www.ryanair.com/ie/news/ryanair-s-traffic-grows-9-percent-in-january DCC Achieved strong revenue and operating profit growth, on a constant currency basis, in its third quarter to 31 December 2009. Trading in Jan...
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