Welcome to Steve Shares. This publication is an interactive weekly update on what’s happening over social media and the trending stocks that have made the news this week. I highlight and comment on the coming news and events in connection with the trending stocks. I provide a round up of Share Talk’s key company interviews over the last week. If you think that a certain share or a key news item should be reported on be in the next edition, let me know by contacting me. My details are at the bottom of the page…
With a bit of flexibility, forward-thinking and cooperation with fintechs, long-established financial services show there’s life in the old dogs yet. With so many hot new fintech kids on the block, these days, staying ahead in financial services means a bit of ‘Keeping Up with the Card-cash-ians’. Yes, the new breed of banking and finance is informal, mobile and totes millennial-friendly.
The trade body representing medicines manufacturers has called on the next government to bring the UK’s current healthcare spending of 9.9% of GDP into line with the G7 average of 11.3%, in order to help the NHS become one of the best health services in the world.
Apple plans to one day stop mining the earth for rare minerals and metals and start using 100 percent recycled materials for its products. The tech titan made the announcement Wednesday, just ahead of the annual Earth Day celebration Thursday, in its 2017 Environment Responsibility Report. The chief reason cited for the shift is the affect electronics manufacturing is having on the planet.
BP today announced that it has agreed to sell its 50% stake in the Shanghai SECCO Petrochemical Company Limited (SECCO) to Gaoqiao Petrochemical Co Ltd, a 100% subsidiary of China Petroleum & Chemical Corporation (Sinopec), BP’s joint venture partner, for a total consideration of $1.68 billion.
Triple-listed Coal of Africa Limited (CoAL) is making good progress in re-entering the market as a coal producer, CEO David Brown said in a quarterly update to shareholders on Friday. The company earlier this month announced that it would buy Pan African Resources’ Pan African Resources Coal Holdings subsidiary, which holds a 91% stake in the Uitkomst colliery, in KwaZulu-Natal, for R275-million. The acquisition is considered complementary to CoAL’s developing Makhado project.
Watch Steve Larratt, Share Research Business Analyst at Share Talk, discuss the outlook for Eco (Atlantic) Oil & Gas, Venture Life and Petroneft. Larratt talks to Tip TV Presenter Zak Mir.
Oilex Ltd (the Company) is pleased to announce that the workover rig has been mobilised to C-70 at the Cambay PSC (Cambay). The Company plans to complete workovers of two wells, C-70 and C-23z, during May 2017.