Lou Gutheil

Matra Petroleum (LSE:MTA) announced today that drilling plans for some of its operations will be delayed for 4-6 weeks due to circumstances beyond its own control. Update on Operations The company cited weather conditions, specifically, snow accumulation and spring melting in the area of the Sokolovskoe mining field for potential delays in commissioning and startup […]

Despite widespread circulation of rumours of a takeover bid, Exxon Mobil and Gulf Keystone Petroleum (LSE:GKP) have yet to issue statements to shed light into the matter. The Shaikan block has been accredited in holding an average of over 10 billion oil barrels, where Gulf Keystone has the majority working interest of 75% of the […]

Angel Mining (LSE:ANGM) shares continued their upward trend today as the company released the news that the Nalunaq mine had poured another 13.77 kilograms (428 ounces) of gold doré on Monday, December 19th. Angel stocks were up 26.09% on a volume of 43,032,669 shares. Update on Operations The is the 8th pour of gold doré […]

Optare Plc (LSE:OPE) issued press releases today announcing the increased equity investment in the company by Ashok Leyland as well as the winning of a major contract for 190 of its midi-buses. Whilst this should be received well for stockholders, shares dropped 56.36% on a volume of 10,336,595 shares. The Announcements New Contract The new […]

Monitise Plc (LSE:MONI) shares were up today 3.75p and 12.82% on trading of of over 9 million shares following two important announcements. Montise and FIS Agree To A 5-year Stategic Partnership The company announced today that it has entered into a 5-year strategic partnership with FIS (NYSE:FIS). With over 300 banking solutions placed in over 100 […]

Oxford BioMedica (LSE:OXB) shares dropped 30.53% today to 3.30 per share, a 52 week low, on a volume of 15,141,626 shares following publishing of test results for its new drug ProSavin. Test Results While previous clinical trials of ProSavin, the company’s anti-Parkinsons treatment, had indicated the potential for significant improvement in patients receiving higher doses […]

According to Stocks & Shares TV, the board of Lloyds Banking Group will be making a decision soon as to approving the return of CEO; António Horta-Osório, who has been on medical leave since November, due to extreme fatigue.  UK Financial Investments has already indicated it is in favor of Horta-Osório’s return. UK Financial Investments […]

AEA Technology Group Plc (LSE:AAT) announced in a statement on Wednesday that profits for the 2011-2012 financial year will be dramatically lower than expected and that their CEO, Andrew McCree will step down from his position immediately. AEA shares were down 84.8% to 0.3p at 11:58 am GMT following the poor news. Reasons for Profit […]