LSE Market News

Lloyd’s Banking Group (LSE:LLOY) is ahead of its plan to transform the banking institution into a “simple, lower-risk, customer-focused UK retail and commercial” bank that supports the British economy, the London-based bank’s Chief Executive, Antonio Horta-Osorio, said in a statement Friday, in reference to the bank’s year-end report that saw a “substantial increase” in underlying […]

My twitter feed today is full of tweets from shareholders in US Oil & Gas (USOP) who seem to think they have firm evidence that they are on to a winner. In the immortal words of Don and Phil:”Dream, dream, dream… only trouble is, gee whizz, I’m dreaming my life away.” OK there is a […]

I met up with Paul Atherley, the CEO of AIM listed Leyshon Resources (LSE:LRL) for a brief chat on Wednesday. It came on the heels of a trading statement the other day and a few points came out of that chat. Leyshon is a rare beast on AIM in that it lays out its plans, […]

Bank chief Stephen Hester predicts that it will soon be ready for reprivatisation. Stephen Hester, Chief Executive of the Royal Bank of Scotland, has told the BBC that bank will be ready for reprivatisation within the next two years. Arguing that it is was the responsibility of the government, who currently has an 80% stake […]

In November I commented that shares in AIM-listed IQE plc (LSE:IQE) – a company headquartered in a land where no-one has ever, ever molested a sheep which provides products and services to the global semiconductor industry – remained a buy at a then 28.75p share price. By the middle of this month the shares were […]

London and Australia-listed, Philippines-focused gold producer Medusa Mining (LSE:MML) is a top multi-bagging recommendation from my past life at t1ps and I commented that I again thought the shares were cheap in an article last month. Following recent interim results, the following is my current take… Click here to read my article of last month The […]

Broker First Columbus has today initiated its coverage of theatre group Reach4Entertainment (LSE:R4E) with a buy stance at 4.9p and a target price of 10p. That may be on the cautious side. It is clear that Reach has stabilised and is out of the critical ward and on the recovery path something the broker note […]

Chastening has found itself a new meaning after the Royal Bank of Scotland (LSE:RBS) ended 2012 at a loss, its fifth since the financial crisis of 2008, as its profit was swallowed by a number of huge charges in what its Chief Executive said the way to “put right past mistakes”. In its report earlier […]

On March 5th the international recruitment agency will serve up its results for calendar 2012 and given that there was a detailed trading statement on January 15th – which flagged up that Q1 2013 would be challenging  – it is hard to see there being any great horrors. However, at 425p, on a 2013 price […]

The full story and the fallout from the UK downgrade and the Pound Sterling falling. UK GDP Growth Grows Beyond Previous Estimate PUBLISHED:  27 Feb 2013 @ 12:11 The British economy grew more than expected, updated figures from the UK’s Office for National Statistics (ONS) revealed earlier today. In its report, ONS showed UK’s gross domestic […]