LSE Market News

Normally, I try to ignore rumors, but this one is simply too big to ignore.  The word on the street is that Intel (NASDAQ:INTC) has entered into M&A talks with the world’s leading chip designer, the UK’s own ARM Holdings (LSE:ARM).  ARM’s share price has risen over the past week from 960.0 on 18 September […]

Sable Mining Africa (LSE:SBLM), an AIM listed exploration company, has announced “encouraging assay results” from the company’s recently completed expansion exploration programme at the Nimba Iron Ore Project in south-east Guinea (‘Nimba Project’). In a statement the company cited “results demonstrate high grade canga in the expansion area with best grade and vertical width of […]

Sula Iron & Gold (LSE:SULA), an iron ore and gold exploration company focussed on Sierra Leone, has announced that it has received the final positive assay results from its nine hole 2,000m drilling programme targeting iron mineralisation at its wholly owned 153 sq km Ferensola Project. The full set of results confirm Ferensola’s prospectivity for […]

Europa Oil & Gas (Holdings) (LSE:EOG), an AIM listed oil and gas exploration and development company with a combination of producing and exploration assets in Europe, have announced that after a successful High Court challenge on 25 July 2013 in relation to the drilling of a temporary exploratory well at the Holmwood prospect (‘Holmwood’) in […]

Empyrean Energy (LSE:EME), an AIM-listed profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, is pleased to announce its participation in two new wells in the Eagle Ford Shale, Texas. This participation is a part of its interest in ‘Sugarloaf Block A’ operated by Burlington Resources […]

Premier Farnell (LSE:PFL), a distributor of technology products and solutions for electronic system design, maintenance and repair in Europe, the Americas and Asia Pacific, have announced results for the first half of the financial year ending 2 February 2014. Operating margin improved through the period to 9.5% from adjusted Q4 levels of 9.2% whilst the […]

If you see a parade of brightly colored Austin Minis driving in circles around Piccadilly Circus later today, it will be Foxtons (LSE:FOXT) celebrating the company’s extraordinary IPO on the London Exchange today. My perspective on IPOs in general is that anything goes.  With Foxtons’ IPO everything went! The company floated 169.4 million shares.  It […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; So the Fed didn’t move. A no-show for T-day. Markets surprised, with few expecting nothing at all, most seeing at least some reduction in order to maintain credibility after all that build up to Sep-taper (last time I use […]

We’ve been following Gulf Keystone Petroleum (LSE:GKP) on a regular basis for some time now, believing that its potential reward for long-term investors could be substantial.  Oil and gas sector stocks are not for the faint of heart, for sure, but we believe that it’s not the risk that is the important factor, it’s the […]

I was pondering the ups and downs of the FTSE 100 this morning as I was reading headlines from a couple of dozen newspapers.  One source said that waiting for this month’s imminent U.S. Federal Reserve announcement was holding the FTSE down.  Another said that the FTSE will reach 8,000.  The problem was that it […]