Kenneth G. Mondero

So Stansted Airport will soon have a new owner. What now for the passengers? What is in it for the public? It was only a matter of time for the current owner, Heathrow Airport Holdings Limited (formerly known as BAA Limited) to give up London’s and UK’s third and fourth busiest airport, respectively, following a […]

Online publishing solutions provider, Publishing Technology plc (LSE:PTO),  expects to end 2012 in line with market expectations, the AIM-listed firm said on Monday, 14th January. The firm that provides digital hosting platforms to over 80% of the world’s most recognized publishers including HarperCollins and McGraw-Hill said its new products – the Pub2web and Advance – […]

Europa Oil & Gas Holdings plc (LSE:EOG) is to formally open a data room to attract partners in the exploration of its 2,000-square kilometre offshore licence south west of Ireland four months after the company declared two prospects to be “potentially hydrocarbon-bearing”. The move comes after the AIM-listed oil and gas exploration and production company […]

Anglo American’s (LSE:AAL) platinum business – the world’s largest producer of PGM – is set to close four of its shafts in the Rustenberg mining district, leading to a potential loss of jobs and a reduced production in the coming years. The move, however, is not so much as the result of the recent unrest […]

BBC reported today that Royal Bank of Scotland plc (LSE:RBS) (NYSE:RBS) is now in the final stage of negotiations as to how much fine it will pay over its alleged participation in the London Inter-Bank Offer Rates or LIBOR, which may also claim one executive’s seat at the bank. According to Robert Peston, BBC’s Business […]

Shares of FTSE 250 constituent Centamin plc (LSE:CEY) climbed up earlier today after the Egypt-focused gold producer said it beat target production output for 2012, whilst also partly shedding light into alleged suspension of gold exports on hold at the ports of the Islamic state circulating around last week. In a statement, Centamin disclosed it […]

All hope was lost today for those who thought they will be able to make really good money with the sale of African Barrick Gold plc (LSE:ABG) – well, at least for those who bought the shares after Tanzania’s largest gold producer announced talks for a potential offer to sell the company off five months […]

FTSE 100, a compilation of the biggest companies listed on the London Stock Exchange many of which are also the largest in the world, opened on a high today, after two days on break for the holidays. As 2012 nears its end to welcome the new year, with three trading days left (including today), some […]

NYSE Euronext (NYSE:NYX), the parent company of the 200-year old New York Stock Exchange, is to be sold for US$8.2 billion worth of cash and stocks to a relatively new exchange firm. In a statement, the world’s largest stock exchange operator signed a definitive agreement to be acquired by a rival exchange group, 12-year-old InterContinental […]

Three days before Christmas and Sound Oil plc (LSE:SOU) gave its shareholders its own version of presents, the capital markets way. Whilst today’s announcement is not as explosive as finding a new reservoir of oil or gas within its many licences across Italy, it sure does give investors a boost to look forward to in […]