Wednesday, 10 September 2014

Day's Notes: Wednesday Sept 10 2014

This week has been one of many announcements. Apple's big announcements yesterday served to boost the company's stock price above $100 since its seven for one stock split earlier this year. Geopolitical activity continue to dominate the news in the Middle East and Europe. Attached you will find your mid-week report on ,the markets and the news that cause stocks to move. 

In the report

Ted Cruz urges fellow republicans to do everything possible to stop Obama's immigration agenda implying another government shut down is in consideration.

Apple unveils new suite of products, however smart watch disappoints. 

Microsoft targeting a $2B acquisition of gaming company.

UK Bank (BOE) warns against Scottish secession and will refuse to create a monetary union if such breakup occurs. 


Opinion

Apple is playing catch up with its new line of items, nothing really surprises or caught consumers off guard. There is a sense that the company is losing its trademark competitive advantage of innovation and market domination.

Mark Carney and the BOE are wise to advise against a secession, a simple monetary union between the UK and an independent Scotland may pose similar threats as the inapt EU.

Satya Nadella commits to his biggest acquisition as the chief officer of Microsoft, such a commitment should boost investor's confidence in CEO. and show the direction in which he would like to carry the company.


Please download your full report here

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