3 Halloween Horrors I’d Avoid: Anglo American plc, WM Morrison Supermarkets PLC And Tullow Oil PLC

Today I am looking at three market monsters investors should avoid during spooky season.

Anglo American

Another week, another round of bad news for diversified mining colossus Anglo American (LSE: AAL). Iron ore — a market from which the business generates 27% of total earnings — slumped to three-month troughs under $50 per tonne as fears over Chinese steelmaking activity, combined with rampant production rises the world over, kept prices on a southerly bent.

The mining industry remains content to keep on supplying the market with unwanted material despite falling prices, and Anglo American itself hiked output at its Minas-Rio asset by 60% in July-September from the previous quarter, to 2.9 million tonnes. And metallurgical coal output, another one of the company’s crucial yet battered markets, advanced 8% quarter-on-quarter to 5.5 million tonnes.

Anglo American is embarking on a frantic strategy of cost-cutting, spending scalebacks and asset sales to shore up the balance sheet as resources prices struggle. But these measures are clearly no march for a backcloth of collapsing revenues, a view that is shared by the City — indeed, Anglo American is expected to suffer a colossal 49% earnings drop in 2015 alone. Even though this results in a low P/E ratio of 10.9 times, I believe Anglo American remains a highly-unappealing stock choice as commodity markets deteriorate.

California killer doctor convicted in overdose deaths of 3 patients

A Los Angeles-area doctor was convicted Friday of second-degree murder in the deaths of three patients who overdosed on painkillers she prescribed.
The prosecution of Dr. Hsiu-Ying "Lisa" Tseng was a rare murder case against a physician at a time when prescription drug abuse has become an epidemic and lawmakers have tried to make it harder for so-called pill mills to easily dole out medications with little scrutiny.

A dozen of Tseng's patients died, including one who overdosed in her office. Prosecutors only brought three murder charges because of other factors involved in some of those deaths, such as drugs prescribed by other doctors and a possible suicide.

More than 2 dozen people killed, hundreds injured in Romanian nightclub fire and explosion

 

 A fire and explosion in a Bucharest nightclub killed 27 people and injured 155 during a rock concert that featured fireworks late on Friday, Romanian government officials and witnesses said.

In one of the capital's worst disasters in decades, about 400 people, mostly young adults, stampeded for the exit as the club filled with smoke.

Several witnesses said there were fireworks inside the club. Colectiv Club's Facebook page said the show would feature pyrotechnic effects.

Music : Ruffcoin - OGE

This is yet another beautiful song from Ruffcoin, the Eriwa master himself who is well-known for making “sweet music”.

The self-acclaimed most versatile artiste in Nigeria slows the tempo down a bit with this well-written and well-arranged love song “OGE“. Produced by Donseth, it has that cultural feel that makes you want to bend down and shake to it and am sure this will make it to DJs wedding playlist.

Yemi Alade Set To Release Visual Album “Looking For My Johnny” Next Month!

Effyzzie Music Group is announcing the release of a video compilation album by her resident diva Yemi Alade, titled “Looking For My Johnny”.

The visual offering will housed music videos, dance videos, live performances, acoustic sets and footage from Yemi Alade’s African and European tour in support of her successful debut album “King Of Queens“. The official unreleased music video for “Na Gode“ alongside fan favourites like “Johnny”, “Tangerine”, “Kissing” Taking Over Me” amongst others are in the set’s tracklist.

MUSIC:LATMUS -MAMA AFRICA(OREKELEWA) @LATMUSBABA1

PRESS: From the stable of DAROOTZ ENTERTAINMENT After the success and massive acceptance of Happy Birthday (audio and Video) by Latmus (Baba), he is back with another hit banger an Afro Pop genre with fantastic lyrics now to thrill his fans all over the globe.This  song is a hit even right  from the studio. Mama

Music: Smooth G - My Love [@smoothgmusic]

It's Official People, the new king of smooth and high-life music "Smooth G" debuts with this well blended musical mix titled "My Love". If You are a fan of high-life music and in love with the Nigerian Sound then "My Love" is going to be a song you put on constant replay. With colorful words and beautiful rhythm Smooth G professes love to his girl who he calls "My Love".