Yes, that question is a way of letting you know that Camp Alphaville is not happening this month or next.We lost our funding. Sorry.Share your thoughts below, along with any bright ideas on how we can make the event sustainable.Never heard of Camp AV? See pictures. And note last year’s Rundown.

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11:01 am

PM11:01amHi there

PM11:01amWelcome to ML

Blank canvas
good morning

Alchemy30
morning

A. M.
Morning all.

PM11:01amI’m still getting used to being back

11:01 am

PM11:01amAlways too much to read each morning

PeterC
Morning, more rumours on Carillion https://wallstreetwires.com/carillion-clln-l-speculative-vultures-circling/

PM11:02amAnyway, it’s the anniversary of the Brexit vote

Scalper
and AVV – big buying yday

PM11:02amWhat a year eh?

Soundbuy
Morning………

11:02 am

BE11:02amSo much achieved.

H/T @M_PaulMcNamara

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11:00 am

PM11:00amGood morning

alewis2005
morning

PM11:00amYeah, I’m back

PM11:01amBut I’m aware I’m really not needed

11:01 am

PM11:01amBryce — you pretty much handled ML all by yourself — for a month!

Soundbuy
Morning……….

Patience
Good morning, welcome home.

PM11:01amAnd it was brilliant — the transcripts I read

PM11:01amSo…

Alchemy30
Morning

11:01 am

PM11:01amBye

Otter
Hello FriendsDid you bring us back a present PM?

PM11:01amBut seriously…

PM11:02amWhat’d I miss?

Soundbuy
@Otter – rock with ‘Moz’ stamped through

This is way beyond parody.The so-called white paper is here.The press release is here.The ‘fund raising’ is here.Wirecard are involved.Expect more from Izy later…

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Ok. you’ll want headphones and a desktop screen to experience this.Alex has done a fab fact-checking multi-media thing on PharmaBro! An American Musical Douchical, a new show about the drug-price gouger, apparent twerp and accused fraudster Martin Shkreli.Go here and click the buttons. It’s very funny.Related links:PharmaBro — ticket salesShow tunes, securities fraud and a haunted hover board – FTAV

Copyright The Financial Times Limited 2017. All rights reserved. You may share using our article tools. Please don’t

11:01 am

PM11:01amWhoa! We’ve got pretty much everything this morning

CommentGoesHere
Morning All

PM11:01amSoaraway sterling

PM11:01amStocks tanking

11:01 am

PM11:01amPolitical chaos in the US

PM11:01amA big hostile bid

PM11:01amLoads of trading statements

Soundbuy
Morning

11:01 am

PM11:01amMorning, btw

Boncoeur
@PM: Tory Manifesto= 5 Queen’s Speeches given inevitability of Tory win.

Foundry
Morning comrades

PM11:02amWelcome to Markets Live

PM11:02amCould start with something to read rather than us

Markkus
morning

Blank canvas
good

11:01 am

PM11:01amMorning

Blank canvas
good morning all

estrangedcapitalist
ello chaps

PM11:01amWelcome to Markets Live

Soundbuy
Morning

PM11:02amTech seems to be in order.

11:02 am

PM11:02amWhich is good

Dodgson
Morgen

PM11:02amSince it allows me to share just a little of the trash that arrives in my inbox each day.

PM11:02amBear with me on this

11:02 am

PM11:02amYou’ll just have to wear it.

Upaswellasdown
Good morning everyone. Nice day for it.

PM11:02amSo, the headline…

PM11:03amWeak Pound Helping British Exporters

11:03 am

[unable to retrieve full-text content]Live markets commentary from FT.com
Continue reading: Markets Live: Tuesday, 16th May, 2017

[unable to retrieve full-text content]Live markets commentary from FT.com
Continue reading: Markets Live: Monday, 15th May, 2017

[unable to retrieve full-text content]Live markets commentary from FT.com
Continue reading: Markets Live: Friday, 12th May, 2017

[unable to retrieve full-text content]Live markets commentary from FT.com
Continue reading: Markets Live: Thursday, 11th May, 2017

[unable to retrieve full-text content]Live markets commentary from FT.com
Continue reading: Markets Live: Tuesday, 9th May, 2017

[unable to retrieve full-text content]Live markets commentary from FT.com
Continue reading: Markets Live: Monday, 8th May, 2017

There may be some bemusement over the seemingly contradictory nature of two lines in the results from the shareholder vote at Friday’s annual general meeting for Pearson, namely…That’s a circa 99 per cent vote in favour of keeping chief executive John Fallon in his job, while 64 per cent voted against the man’s (and the board’s) remuneration package. Or 70 per cent, if you include abstentions as ‘anti’ votes.A figure of 64 per cent is an extraordinarily high figure for a shareholder revolt over corporate pay, especially so when Fallon’s rewards are close to bottom of the rung when it comes to Footsie bosses. (Average pay for a FTSE 100 CEO was £5.48m in 2015, according to the most recent figures from the UK’s High Pay Centre; Fallon got £1.5m for 2016.)Given soaring losses at Pearson, and

[unable to retrieve full-text content]Live markets commentary from FT.com
Continue reading: Markets Live: Friday, 5th May, 2017

First, read the raw warning…Paratek Pharmaceuticals is a Boston-based bio company that appeared on the radar of a number of seemingly shrewd special situation hedgies earlier this year.They were waiting for — and speculating upon — the outcome of clinical trials for an experimental antibiotic, based on tetracycline chemistry, called omadacycline. The potion was being tested on patients with serious pneumonia along with another group with nasty bacterial skin infections.Good news duly arrived at the beginning of April and the stock set off moon-wards. Over a couple of sessions on Nasdaq the stock put on 40 per cent, topping out at $25.The price has drifted back since then as the excitement around omadacycline subsided, but the stock was on the move again on Thursday after a fresh clinical update and Q1 figures. Paratek is pushing ahead with it’s FDA applications and has stated, confidently, that it has plenty of cash to keep it going through to 2019.But the speculation around the stock has changed colour: it’s now seen as a potential takeover target.Indeed, usually knowledgeable sources are convinced Paratek’s partner, Allergan, has already tabled indicative terms, having held quiet discussion just last week.The two companies are already working together on an acne treatment. Acne Vulgaris. Bad acne.

The tech team are on it. Promise.But sadly, current links to today’s Markets Live session are not working.

Copyright The Financial Times Limited 2017. All rights reserved. You may share using our article tools. Please don’t cut articles from FT.com and redistribute by email or post to the web.

Pinot nero
testing Markets

12:06 pm

PM12:06pmYep working for me

Patience
Good afternoon 🙂

PM12:06pmIf you are just joining, we’ve had a tech bork for the past hour

PM12:07pmApologies, but the issue has now fixed

12:07 pm

PM12:07pmBut fear it’s too late

PM12:07pmBryce has swanned off to see someone in Mayfair, muttering about ITV as he left

Patty
Good morning 🙂

PM12:08pmI have a 12.30 that I can’t cancel

man from dunoon
disgraceful

man from dunoon
i’m switching to Betaville

man from dunoon
come to think of it

man from dunoon
£12k (+VAT)

12:09 pm

PM12:09pmBy way of apology, have a few slabs of Albert…

man from dunoon
rather wait an hour every once in a while

PM12:09pmBarbados’s central bank governor is sacked for refusing to print money. Who’s next?

PM12:10pmI’ve just returned from a reinvigorated ten-day break on my favourite Barbados beach. Whenever I am there, I always like to take a quick look at the local economic news.

11:01 am

PM11:01amMorning

PM11:01amWelcome to Markets Live

Scalper
Guten Tag

Soundbuy
Morgen

Otter
Hello Friends

Blank canvas
greetings

A. M.
Good morning.

PM11:01amYou’ll just have to bear with

Longandwrong
Morning all

11:01 am

PM11:02amHave had too much to sort this morning

Longandwrong
or should that be Ohayo Gozaimasu?

PM11:02amFrom dealing with Thames Water (Draingate back in SE10) to having to row back on criticism of a short attack on a US trucking company…

A. M.
(@PM: thanks for that Evil May Day piece.)

VIXAL
Getting my short dated options ready for RAW

PM11:02amI’ve had a lot of distractions

11:02 am

PM11:03amAnd so too has Bryce, probably

JoPro
Morgen!

PM11:03amHave a quick pic

PM11:03am

GBKrona
hola

11:04 am

PM11:04amIs that rendering?

BBOC
Farewell Crozier

PM11:04am

PM11:04amHe’s gone plural.

Soundbuy
Well rendered…….

We’re coming out with our hands up on this one.Last month a bear attack fund, Prescience Point, launched a number on Celadon, a US trucking firm. It said Celadon had overstated its profits in SEC filings, that the company was on the brink of bankruptcy, and on the end of an active SEC Enforcement Division investigation.It was pointed out here that Prescience was making a linguistic leap on the SEC investigation front. The implication was that the short attack was possibly unfair and wantonly reckless.Well, in turns out that even if the SEC were not investigating then, they will be now.A statement from the company late on Monday included this confession:The Audit Committee is reviewing, with independent legal and accounting experts, certain transactions involving revenue equipment held for sale reported in the Company’s financial statements for fiscal year 2016 (ended June 30, 2016) and the quarters ended September 30, 2016 and December 31, 2016 after the Company’s auditor, BKD, LLP (“BKD”), withdrew its reports on such previously-issued financial statements.Celadon has rushed one Jonathan Russell up the corporate ladder to the role of President and Chief Operating Officer. He’s the son of the company’s late founder, Stephen Russell. After bursting its bank covenants, a new credit facility is also being arranged with Bank of America.

There was confirmation last week that Google and Facebook are taking just about all the new money spent on digital advertising, now everything’s gone mobile. But how much of this spend is completely wasted? Are corporates enriching a couple of digital duopolists for little or no obvious return?With mobile search in particular, appearing at #1 on a search engine results page is said to be three times more valuable to an advertiser than being #2. But for an advertiser, paying to constantly be top of search results 24 hours a day is a lot of wasted $$$$ — spurring the hunt for ways to predict when a consumer might make a relevant search.A couple of years ago, Google produced some research on what it christened ‘Micro Moments’ — those instinctive occasions when people pick up their phones to check or learn something. It was nice branding, with lots of eye-catching stats, and a downloadable guide to ‘winning’ or something.But there’s been an intractable problem: advertisers need to know when these Micro Moments might happen if they are to align their advertising. And intelligence on that front has been slow in coming.Step forward a little London-listed company called Mporium.It has a platform called ‘Impact’ that takes in feeds from TV, news, social media, sports, weather, and so on, analysing the content for likely Micro Moments.

[unable to retrieve full-text content]Live markets commentary from FT.com
Continue reading: Markets Live: Tuesday, 2nd May, 2017

Given Brexit, there’s surprisingly little mention of today’s 500th anniversary…1, May, 1517 — the day the City of London exploded into a vicious race riot.Details are sketchy and contradictory. Some accounts say the violence was directed at wealthy German merchants, others point to Flemish and Dutch artisans. Either way, it seems that tempers were fanned by a xenophobic speech a fortnight earlier by one Dr Bell, who called on “Englishmen to cherish and defend themselves, and to hurt and grieve aliens for the common weal.”Apparently, the speech was at the instigation of a broker called John Lincoln. The riot on May Day itself kicked off when 1,000 young men congregated on Cheapside.Henry VIII sent in the troops. Some 300 rioters were arrested and 14 were executed three days later, including Lincoln.For what it’s worth, 16th-century England is said to have been generally welcoming to foreign refugees. Guess we didn’t have the Daily Mail back then.

DutchBrat
Happy Friday !

Soundbuy
Morning

11:00 am

PM11:01amHi there

Otter
Hello Brave and Handsome internet friends

PM11:01amWelcome to Markets Live

Nately
Ahoy

PM11:01amYes, we’ll have to talk about banks

11:01 am

PM11:01amAnd we’ll have to talk about the sudden realisation that we voted Brexit

GBKrona
Hola!

PM11:01amBut it’s Friday

PM11:02amAnd it’s a bank holiday weekend

Mouselet
Hello sleek and splendid otter

GBKrona
Angie’s warning to Britons to get real?

11:01 am

PM11:02amSo have a picture of a ceiling light

PM11:02am

PM11:02amI hate these things

11:02 am

PM11:02amI have them in my kitchen, but they screw up the ceiling plaster

PM11:02amWhen you change the bulbs

PM11:03amBut we need to discuss, cos this is today’s major mover

11:03 am

PM11:03amPhotonstar LED

Photonstar Led Group PLC (PSL:LSE): Last: 2.71, up 2.14 (+371.48%), High: 2.77, Low: 2.01, Volume: 18.

Afarak is a Finnish metals miner, busy in the steel sector. It’s listed in Helsinki and London, valued at just over €200m.Midday London time on Thursday it issued a statement, which began…BE…wot? Below? Belt-tightening? Better luck next year? Oh…PROFIT WARNING: AFARAK EXPECTS SIGNIFICANTLY BETTER QUARTER ONE RESULTSSo first shares in Afarak went down on that news, and then they went up, dramatically.The Helsinki quote was 23 per cent higher at €1.02 at pixel.The chaotic market pricing looked like this (Helsinki is two hours ahead of London)…Those who sold possibly didn’t appreciate the joke.

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11:02 am

PM11:02amMorning

Soundbuy
Morgen….

PM11:02amWelcome to Markets Live

PM11:02amHopefully

JoPro
Servus, morgen!

OnYourRight
Morning all

Krapps last tape
is it good? is it morning? again?

11:03 am

PM11:03amWe’ve had one or two tech probs over the past 15 hours or so

Boncoeur
GBPUSD at 1.29!

Soundbuy
Hamsters on go-slow……

Gross Loydman
hellooo

PM11:04amtest

PM11:04amRight — i think this session is working

11:04 am

PM11:05amThere may be a parallel session out there

PM11:05amDunno

PM11:05amLet’s just struggle on

Patience
Morning all.

Mouselet
It is undeniably morning. There is a parallel session but it has no rabble and is therefore inferior.

11:05 am

PM11:05amHave a survey result

PM11:05amConfidence survey

PM11:05amNO!

Otter
hello internet friends

11:05 am

PM11:05amNot a confidence in AV tech survey

Otter
today I am eating mainly liver pate

Swedes
Morning.

It’s a big day in American digital ad land, with the publication of the Interactive Advertising Bureau’s year-end report for 2016.You’ll find it here.But before you delve into that, consider this tweet from Jason Kint.so @IAB just dropped 2016 #s. Duopoly in full force -> takes 89% of growth. "Everyone Else" loses more share courtesy of Facebook. @dcnorg pic.twitter.com/urglxDrooM— Jason Kint (@jason_kint) April 26, 2017Kint runs a thing called Digital Content Next, which is the key trade body for what is generally regarded as grown-up, mainstream media. They’ve even let the FT in as a member.So Kint has a book to talk. Our book. But his numbers are interesting.What he’s done here is take the raw (but detailed and presumably accurate) IAB figures and then applied ‘color’ with the accompanying detail from Google and Facebook that comes with their earnings announcements.That suggests one search company and one social media platform took almost 90 per cent of the growth in ad revenue last year.The IAB seem shy of this derived fact. Indeed, their entertainingly-named executive VP, David Doty, has tried to deny it to the Journal:Mr. Doty wouldn’t comment on how much of the spending growth was driven by Google and Facebook, but played down recent industry talk that only those two companies alone are benefiting from this surge.

11:00 am

PM11:01amMorning

PM11:01amWelcome to Markets Live

DutchBrat
Happy Hump Day

PM11:01amSeems I wasn’t fired yesterday, since I’m here today

Soundbuy
Morning all

11:01 am

PM11:01amAnd yes, I was at a Reuters training session

Patience
Good morning.

Otter
Hello nice net friends

PM11:01amYou know ive been using Reuters for 20 years or more

PM11:02amBut that was the first time anyone showed me how to use the terminal

11:01 am

PM11:02amOmg smile

PM11:02amIt was informative

PM11:02amBut since I was off yesterday…

11:02 am

PM11:02am1. I missed this big LVMH story

PM11:02am2. I wasn’t able to share photos of Swaito’s funeral

PM11:02amFrom Monday you might remember that my night watch in Moz died

11:02 am

PM11:03amHe was a HUGE local star

PM11:03amHis real name was Vasco, but his stage name was Swaito

PM11:03amHere’s his funeral

11:03 am

PM11:03am

PM11:03am

PM11:03am

11:03 am

PM11:04amSee what I mean? Huge occasion

PM11:04amV sad, but that’s that.

11:00 am

PM11:00amMorning

PM11:00amWelcome to Markets Live

PM11:00amRocketRocketRocket

Lemmy
Morning/Bonjour

11:00 am

PM11:01amON the back of the French first round elections, of course

CommentGoesHere
Good Morning All

PM11:01amBut before we get into that

Otter
Hello Brave and Handsome internet friends. Today I am happy.

PM11:01amAnother piece of news from afar.

GBKrona
Buenas dias – ITexit, anyone?

11:01 am

PM11:01amVasco, my night watch in Mozambique, died suddenly over the weekend.

PM11:02amCompletely uneducated. Poor as a crow.

PM11:02amBought him a guitar and a microphone a few years ago

11:02 am

PM11:02amAnd he became a local rock star

Soundbuy
Morgen

PM11:02ambiggest draw in the region, with this whacky dance act.

PM11:02amBiggest name in Inhambane district.

11:02 am

PM11:02amHuge fan base

PM11:03amSee here https://www.facebo…earch/top/?q=Vasco Menete Nhabau

GBKrona
RIP Vasco (was he named after Vasco daGama PM?)

Boncoeur
@Otter: I’m glad you are glad.