Bear squeeze starting to tighten!
Bonuses are awarded for achievements and progress in particular departments eg those who worked relentlessly throughout the year to save it from collapse! If this is not appreciated and differed to a period when it's affordable, they will pack their bags! Quality new recruits will be hard to find till the bank is on a clear path to success and greater profits. The laudable experiment to keep its doors open all hours 7 days has proved to be too expensive. Its success is the massive amounts of depositors it has attracted.
There's never been a data stack on any site anywhere that has never been hacked!
"Strange, you can sell at a higher price than to sell... 35.1225 to sell ...35.0309 to buy"
Backwardation!
RSI over 90..........sell!
"What return are Lloyds going to get from this?"
They take a huge slice of the profit!
"Lloyds launches fund to invest in local non-profit lenders"
Sharia?
Buybacks only benefit staff bonuses from the increase in the EPS ratio. Prefer tangible scrip issues!
Buybacks only benefit staff bonuses. Prefer tangible scrip issues!
Lower quality immigrant labourers equates to low quality housing stock? Take a trip to Dubai!
Je l'espère! Uncle
Have "Great Expectations" for tomorrow!
Don't That Beat All!
With Global oil demand growing @ 1 mbpd every year and old refineries closing down in the West. This will ensure continuing strong refining margins for Essar Oil.
WASHINGTON: A group of creditors of Essar Group-owned coal company, Trinity Coal, have approached a US bankruptcy court seeking appointment of a Chapter 11 trustee arguing that they have lost faith in the ability of its owners to turnaround the company. The involuntary bankruptcy case against Trinity Coal, which was acquired by the Essar group in 2010 for $600 million, was filed in a US Bankruptcy Court in Lexington, Kentucky last week, as per the publicly available documents seen by PTI. "Trinity's current management has failed to negotiate with Trinity's creditors," Credit Agricole said in its court papers as it sought the appointment of a Chapter 11 trustee. In the court papers, the creditors claimed that Trinity Coal Corp owes them USD104 million. http://economictimes.indiatimes.com/news/international-business/involuntary-bankruptcy-case-against-trinity-coal-filed/articleshow/18707847.cms
Did just that with a top-up!
Sensex lower after recent gains with power and energy sectors under pressure!
Excellent analysis! I re-posted it verbatim on iii .....Thank you!
That's called Backwardation!