Up to £6000 Bonus on Deposits at Plus500 *Your Capital is at Risk

Minimum Deposit Bonus Amount Required TPoints Bonus Code
£100 £20 50 FIRST100
£400 £100 150 FIRST500
£750 £150 200 FIRST1000
£3,000 £500 1000 FIRST5000
** £7,500 £1,200 2500 FIRST10000
** £40,000 £6,000 10000 FIRST50000

How to receive your First Deposit Bonus

  1. Download the Plus500 trading software by CLICKING HERE
  2. Click on ‘Trade for Real’
  3. Click on ‘Open a new account’
  4. Click on ‘Funds Management’ in the lower left hand corner
  5. Select a deposit method
  6. Enter the bonus code (from the table below) in the deposit field
  7. The bonus amount will be added to your account once you have traded the required number of trader points
  • Every instrument gives different TPoints (trader points) per amount traded – CLICK HERE to see the complete table of instruments.
  • One bonus per household/IP address.
  • The bonus expires in 3 months.
  • ** Will be available upon completing relevant regulatory requirements.

CLICK HERE to download the Plus500™ software now.

Plus500

US crackdown on tax inversions hits UK companies

The US treasury today announced a stricter than expected crackdown on tax inversions. Tax inversion deals happen when a company takeover is designed to reduce the amount of tax US companies pay by moving their headquarters to low tax jurisdictions.

The UK and irelands lower tax rate has particular significance in the recent takeover of Shire (SHP.L) by AbbVie and the attempted takeover of Astrazeneca (AZN.L) by Pfizer. Both companies have been selling off this morning on the back of the news.

The new legislation, whilst had been expected for a while was much stricter than had been expected and the decision will make any takeover deals much less profitable than they could have been in the past.

US treasury secretary Jacob Lew said in a statement “We’re taking initial steps that we believe will make companies think twice. For some companies considering deals, today’s actions will mean that inversions no longer make economic sense. These first, targeted steps make substantial progress in constraining the creative techniques used to avoid US taxes, both in terms of meaningfully reducing the economic benefits of inversions after the fact, and when possible, stopping them altogether.”

These first, targeted steps make substantial progress in constraining the creative techniques used to avoid US taxes, both in terms of meaningfully reducing the economic benefits of inversions after the fact, and when possible, stopping them altogether

charts below:

 

Blackberry Announce Q2 Earnings on 26/09/2014

Advanced notice that Blackberry (BBRY) will announce its Q2 earnings on 26/09/2014, will they beat forecasts? Trade Blackberry now at Plus500 (Your Capital is at risk). Get a £20 signup bonus and even more bonuses when you deposit.

Other notable earnings announcements:

Arrium (ARI.AX) Q4 Earnings – 26/09/2014

Tesco (TSCO.L) Q2 Earnings – Postponed to 31/10/2014

Apple (AAPL) Q4 Earnings – 20/10/2014

Yahoo! (YHOO) Q3 Earnings – 21/10/2014

Trade all of them now at plus500 -> Find out more here.

charts below:

Tesco Launches Probe into £250Million profit overstatement

Tesco (TSCO.L) is again under pressure after news emerged it has overstated its half year profit by a huge £250Million. The news has prompted new Chief Executive to respond by suspending four top executives including its UK managing director and launching an immediate probe into the  matter.

Chief Executive Dave Lewis, only in the job since the first of September said “Disappointment would be an understatement” and his priority is now a “full and frank investigation”.

Earlier today as Tesco share price plummeted to a multi year low losing nearly 12% and wiping £2.2Bln from the value of the company. Trading finished at 203p and the prospect of more losses tomorrow looms as investors and financial institutions alike start to move their money amid a stream of bad news coming from the company including falling sales, profit warnings and weak share price performance.

Alibaba IPO – Trading Starts 19th September

The worlds biggest IPO is coming soon, Alibabas (BABA) public offering starts trading on 19th September 2014 on NYSE. The biggest tech firm in the world, Alibaba the chinese e-commerce company is already larger than Amazon and Ebay combined. Forget Facebook, this is the IPO of the century!

Alibaba will be available as soon as trading starts on the Plus500 platform, register your account before the 19th of September and get ready for lift off. You get a £20 signup bonus (no deposit required) * and further bonus amounts when you deposit *your capital is at risk.

Alibaba CFD will be available on all Plus500 trading platforms: Windows PCs, iOS, Android and on web browsers.

Plus500 have also been making their bid to be the number one CFD platform, with decreased spreads on the following instruments:

* Note that spreads can change.

There is also the introduction of guaranteed stops, these will of course mean a slightly enlarged spread on your trade.

Sign Up at Plus500 now and fund your account before the 19th September to make sure you dont miss out on the IPO of the year.

Plus500 is listed on the London Stock Exchange, your capital is at risk when you trade financial instruments

 

 

Barclays Appoints New Chairman

Barclays (BARC.L) have announced the appointment of new Chairman John Mcfarlane who will replace David Walker who is stepping down after the banks AGM in 2015.

John Mcfarlane is currently the Chairman of Aviva and Firstgroup and will start the Barclays role in January 2015. Stepping down from his other roles in mid 2015.

David Walker Commenting said  “I am delighted that Barclays has appointed John McFarlane to succeed me as Chairman. We are making good progress toward the delivery of our strategic objectives and I have every confidence that John will work very successfully with Antony Jenkins in leading this great bank through the next phase of that journey.”

Fresnillo To Take Control of Mexican Joint Gold Venture

Today miner Fresnillo (FRES.L) announced planned proposals to buy out partner Newmont and take full control of their Mexican join venture in the Herradura Corridor at a cost of $450Million.

Fresnillo currently owns a 56% stake in the projects with Newmont owning the other 44%. Any deal would mean Fresnillo take full ownership of the Herradura, Noche Buena and Soledad Dipolos mines, the Mega Centauro and Centauro Deep advanced exploration project and other exploration resources in the area.

Fresnillo is looking to increase their Gold production for the 2018 year to 750,000 ounces, up from 500,000 ounces of current projections.

Chief executive Octavio Alvidrez said “Acquiring full control of the Penmont assets would enable us to both maximize the value of current producing mines which we have extensive experience in operating, and unlock further long-term value from Herradura as a highly prospective region where we have a strong track record of exploration success.”

Investec Sells Kensington Mortgage Business

Asset manager and banking group Investec (INVP.L) has announced this morning that it has completed the sale of its UK mortgage business Kensington for £180Million.

The sale also included other Investec mortgage assets which have been purchased by funds managed by Blackstone Tactical Opportunities Partners and TPG Special situations Partners.

The company also recently sold Investec Bank in Australia.

Investec Commenting said “The transaction supports Investec’s strategic objective to simplify and reshape its specialist banking business and substantially reduces the assets within its legacy non-core business”

De La Rue Preferred bidder in BoE contract

Under process of bidding for a new Bank of England note contract, De La Rue (DLAR.L) has been named as the BoEs preferred bidder. Currently De La Rue already prints notes for the Bank of England under a contract awarded in 2003 and due to expire next year.

The new contract is set to last 10 years although is reported to be worth less than the current contract. It will include the printing of the new wipe clean £5 and £10 notes announced by the bank last november, a move which has already seen De La rue lose out in the contract bidding to rivals Innovia to provide the paper used for these new notes.

Philip Rogerson, Chairman of De La Rue said in a statement “We are delighted that De La rue has been selected as the preferred bidder for this prestigious and very important contract with the Bank of England”.

Analysts at Investec seem excited by the news, and commented that re-securing this printing contract should ease concerns which have pressured the share price recently.