Lou Gutheil

Wood Group (LSE:WG.) announced this morning that it has been awarded an engineering and procurement support contract for the world’s largest semi-submersible central processing platform. The Contract The contract was awarded to Wood Group’s Mustang subsidiary by Samsung Heavy Industries. The processing plant, weighing in at 70,000 tonnes with a deck measuring 156 metres by […]

Cobham (LSE:COB) announced this morning that it had secured a $39 million contract with the US Navy. The announcement did not seem to affect Cobham’s share price on the LSE, as it remained fairly steady at 227.90. However, the stock has shown a gain of 26% since in the first 4 months of 2012. The […]

Xstrata (LSE:XTA) is making news on several fronts today. With the news of a potential merger with Glencore International already on the table, significant developments are happening involving Canadian operations and Middle Eastern investors. With these stories breaking around midday, there has been little time for market reaction. Nonetheless, XTA shares were up 11.50p to […]

ZOO Digital Group (LSE:ZOO) released a trading update today in advance of its reporting of final figures for the year ending March 31st. Share prices on the LSE were up over 20% by early afternoon. Report Highlights Total sales for the year are expected to be $11.2 million. Operating profits of $0.2 million (£125,000) in […]

Aseana Properties (LSE:ASPL) happily released its results for the year ending December 31st, reporting a revenue increase that took the company out of the red. Shares were up over 3% on the LSE at mid-afternoon. Report Highlights Revenues increased 56.8% to $281.1 million. The sale of completed properties and the completion of the SENI Mont’ Kiara […]

888 Holdings, one of the world’s most popular gaming companies, published its first quarter results and trading update this morning, announcing its sixth consecutive quarter of revenue growth.  Despite an excellent quarter, company shares were off slightly, down 1.6% to 76.75p. Highlights & Key Performance Indicators Note: All highlights and KPI are derived directly from […]

Nautilus Minerals (LSE:NUS), the world’s first company to explore the seafloor for mining copper, gold, zinc, and silver producing deposits, announced an agreement for the sale of 1.1 million metric tonnes of ore per year to Tongling Non-Ferrous Metals Group Co Ltd. The Agreement The agreement is expected to commence with the first delivery of […]

E2v Technologies (LSE:E2V) stock rose a healthy 8% and 10.00p today to 135.50pps. Company shares have been on the rise rather consistently since October 2011. Report Highlights The report was highly favourable, indicating that the board expects its performance for the year ending on March 31st to come in at the high end of their previous […]

Manroy Plc (LSE:MAN) announced today that the U.S. Department of Defense had novated contracts worth £6.6 million to its subsidiary Manroy USA (aka MUSA). The Contract & Its Impact Terms of the contract specify that MUSA will supply barrels and bolts for the M2 Heavy Machine Gun. MUSA will supply £4.9 million worth of barrels […]

Goldman Sachs (NYSE:GS) , the controversial New York based investment bank, has been fined $22 million by the U.S. Securities and Exchange Commission (SEC) for reportedly tipping off top clients about stocks. The SEC alleges that between 2006 and 2011, information from weekly equity research meetings between the firm’s analysts and traders was leaked to […]