Bryce Elder
Temisys … eventually
“Thank you for depositing a $3bn merger rumour. An RNS will be credited to our investors in 24 hours.”
As the FT wrote on Thursday morning …
Misys missed out, drifting lower by 0.6 per cent to 321¼p on concerns that takeover speculation could be misplaced.
Signal failure
One cannot fault the Chinese walls at Merrill Lynch, joint corporate broker to Invensys.
We have upgraded Invensys to a Buy, with a price target of 285p. While pressure on Controls will potentially continue in the short term and H2 Rail margins could be at risk,
The West Shetland question
Exhibit A: the North Face of Ben Nevis, Scotland’s highest mountain.
Exhibit B: UK oil and gas production, Scotland’s biggest MacGuffin.
Exhibit B is the rock on which Scotland’s play for independence stands.
Markets Live transcript 3 Oct 2011
Markets Live chat transcript for the chat ending at 11:27 on 3 Oct 2011. Participants in this chat were: Bryce Elder/FT Neil Hume, FT
BESo good morning.
BEAnd welcome to Markets Live
An experiment in Delta None
Just as correlation does not imply causation, this post should not imply usefulness. Consider it a bit of light frippery at the end of a rather challenging week for symmetrical trading.
Here’s how it works.
Algos & Demons
Spoof Wars continues.
The Financial Services Authority (FSA) has obtained an interim High Court injunction preventing a number of companies and individuals from manipulating the market in UK-listed shares.
28 Day-Traders Later
Games of spoof can be very expensive. Just ask Mike Ashley, who reportedly lost £200,000 when playing against his advisors at Merrill Lynch. Or ask Peter Beck, the Canadian day-trading evangelist who has lost £8m to the FSA.
Once Upon a Time in Underwriting
How do you make insurance interesting?
Admiral Group, the FTSE 100 motor insurer, chose to theme its interim results this week around the work of spaghetti western director Sergio Leone.
Founder and chief Executive Henry Engelhardt explained at the top of Wednesday’s analyst meeting:
Introducing: the Black Cod Index
Regular readers may be familiar with The Big Mac Index, The Economist’s beef-based gauge of international purchasing power parity (PPP). They should also be aware of its biggest limitation, namely the socioeconomic uniqueness of every country measured.
Markets Live transcript 27 Jul 2011
Markets Live chat transcript for the chat ending at 11:22 on 27 Jul 2011. Participants in this chat were: bryce.elder Tony Tassell
BESo
BEWasn’t Paul Donovan good yesterday?
Licence to Kreil
Investing is difficult. Fortunately, there are wise heads willing to share all of their wisdom and experience in exchange for a modest fee.
Anton Kreil, the portfolio manager in the BBC programme that let eight members of the public trade $1m (£620,000) and run their own hedge fund,
FSA vs CPPGroup
Profit warning du soir:
CPPGroup Plc (“CPP” or “the Group”) announces that it is in discussions with the FSA in relation to certain issues surrounding the sale of the Group’s Card Protection and Identity Protection products. The FSA’s investigation only relates to such of the Group’s products as are sold into the UK,
Markets Live transcript 11 Jun 2010
Markets Live chat transcript for the chat ending at 11:12 on 11 Jun 2010. Participants in this chat were: Bryce Elder Neil Hume, FT
BEGood morning
BEAnd welcome to Mary Celeste Live
Markets Live transcript 13 May 2010
Markets Live chat transcript for the chat ending at 13:58 on 13 May 2010. Participants in this chat were: Neil Hume, FT Bryce Elder NHGood morning NHand welcome to Markets Live
Markets Live transcript 5 Mar 2010
Markets Live chat transcript for the chat ending at 12:14 on 5 Mar 2010. Participants in this chat were: Neil Hume, FT Bryce Elder
NHGood morning
NHHola
NHBonjour
Markets Live transcript 3 Mar 2010
Markets Live chat transcript for the chat ending at 12:19 on 3 Mar 2010. Participants in this chat were: Bryce Elder, FT Neil Hume, FT Kevin Gaynor Bob Janjuah
BEHola.
BEGood morning,
Markets Live transcript 19 Feb 2010
Markets Live chat transcript for the chat ending at 12:15 on 19 Feb 2010. Participants in this chat were: Bryce Elder Tony Tassell
BEGood morning
BEAnd welcome to Markets Live
Markets Live transcript 18 Feb 2010
Markets Live chat transcript for the chat ending at 12:15 on 18 Feb 2010. Participants in this chat were: Bryce Elder Miles Johnson, FT
BERight – and we’re off ….
BEGood morning
Markets live transcript 27 Nov 2009
Markets live chat transcript for the chat ending at 12:15 on 27 Nov 2009. Participants in this chat were: Bryce Elder (BE) Miles Johnson, FT (MJ) Neil Hume, FT (NH)
BE:
Welcome to Emirates Live
Markets live transcript 2 Oct 2009
Markets live chat transcript for the chat ending at 12:18 on 2 Oct 2009. Participants in this chat were: Bryce Elder (BE) Tracy Alloway, FT (TA) BE:Right. BE:We’re late.
Markets live transcript 21 Sep 2009
Markets live chat transcript for the chat ending at 12:09 on 21 Sep 2009. Participants in this chat were: Bryce Elder (BE) Miles Johnson, FT (MJ)
BE:
Good morning
BE:
And welcome to Markets Live
Markets live transcript 18 Sep 2009
Markets live chat transcript for the chat ending at 12:04 on 18 Sep 2009. Participants in this chat were: Bryce Elder (BE) Miles Johnson, FT (MJ) Izabella Kaminska, FT (IK)
BE:
Arr landlubbers, here be Markets Live.
Markets live transcript 17 Sep 2009
Markets live chat transcript for the chat ending at 12:07 on 17 Sep 2009. Participants in this chat were: Miles Johnson, FT (MJ) Bryce Elder (BE) MJ:Cheap flights MJ:Michael Jackson
Markets live transcript 16 Sep 2009
Markets live chat transcript for the chat ending at 12:12 on 16 Sep 2009. Participants in this chat were: Bryce Elder (BE) Miles Johnson, FT (MJ) Paul Murphy (PM) BE:Welcome to Markets Live
Markets live transcript 21 Aug 2009
Markets live chat transcript for the chat ending at 11:48 on 21 Aug 2009. Participants in this chat were: Bryce Elder (BE) Miles Johnson, FT (MJ)
BE:
Welcome to Markets Live
BE:
Alphaville’s daily wander around all things tradeable
Markets live transcript 11 Aug 2009
Markets live chat transcript for the chat ending at 11:58 on 11 Aug 2009. Participants in this chat were: Bryce Elder (BE) Miles Johnson, FT (MJ)
BE:
It’s 11.04am …
BE:
Welcome to understudy Tuesday on Markets Live.
How to profit from a heatwave
Go long sunscreen, perhaps? Barbecue sausages and patio furniture?
What about going short old people?
That idea comes via Brewin Dolphin analysts Sahill Shan and Chris Glasper in a note on Southern Cross Healthcare,
HBust
Special Friday afternoon delivery from Lloyds Banking Group (our emphasis).
Since its 12 December 2008 trading update, HBOS’s 2008 trading has been further impacted by increasingly difficult market conditions,
Won’t somebody please think of the children?
This is Caitlin.
In August, Caitlin’s friends at HM Treasury gave her a gift of £250 to invest in the future. Perhaps, she thought, with prudent investment this sum may one day grow enough to fund a term or two at a former polytechnic,
Prepare to face the Mother of all FTSE re-jigs
The next FTSE index constituents review is on 10 December, using share prices at the close of the previous day. Based on current market caps there would be half a dozen changes amongst the blue-chips, with another 20 or so each for the midcap 250 and smallcap indices.