At 42p the Lloyds share price is still not cheap enough for me

Lloyds Banking Group (LSE: LLOY) stock has history, and not all of it is good. The company can trace its roots back to 1765. It ended up listed on the London Stock Exchange in a roundabout way. TSB, another bank listed in 1986, and in 1995 merged with Lloyds. A series of mergers and acquisitions…More

A tale of two trading updates: Burberry versus Marks and Spencer

Yesterday, I wrote about my confusion around Marks and Spencers (LSE: MKS) trading update. The tone of the report was fairly upbeat. The results, save for the international division, were good. Although there were concerns about challenging conditions ahead, the report made it clear that full year results would be consistent with market expectations. The…More