LSE Market News

I make no apologies for this, I have already tipped this on my Nifty Fifty website at an 45p offer price on December 16th. My best ideas go first to those who subscribe to Nifty Fifty and there is another absolutely stonking red hot share tip lined up to go live on that site tomorrow […]

Sam Bottell who spent two years working with Minesite.com and is a thoroughly knowledgable chap when it comes to gold and mining stocks is right now putting the finishing touches to a special report explaining who some metals prices will increase sharply this year (gold and platinum) whilst others (copper) will not make gains. And […]

A US court has accepted the guilty plea of oil giant BP plc over the Deepwater Horizon catastrophe in 2010 that claimed the lives of 11 workers and injured many others and resulted in the largest oil spill in the country’s history. The plea, a part of the deal made by BP with the US […]

I flag this with no idea what is behind this but David Lenigas runs Leni Gas & Oil (LSE:LGO) which like Range Resources (LSE:RRL) has extensive interests in Trinidad. Both were mant to present at some shindig but Mr Lenigas tweeted a few hours ago: David Lenigas ‏@DavidLenigas Range Resources has pulled out of presenting […]

I commented positively on shares in AIM-listed niche plastics products manufacturer, Plastics Capital (LSE:PLA) in September at 66p and November at 72p. Following a trading update today which reported that the company “continues to trade broadly in line with market expectations” and that “performance should be broadly in line with expectations over the final quarter […]

The share price of RBS (LSE:RBS) has fallen by 20.70 today to 345.10 as it has been reported that the US government is seeking a settlement with the bank on allegations connected to the Libor scandals.  Under normal circumstances, negotiating a settlement would be a fait accompli, but there is a catch in the deal […]

Mining giant Anglo American plc (LSE:AAL) is to write down the value of its Minas-Rio iron ore project by US$4 billion two years before the project is expected to produce its first shipment, the company reported today. The announcement came alongside an increase in capital expenditure to the tune of US$8.8 billion, a figure the […]

Talk about surprised!  The FTSE 100 broke 6,300 today for the first time since May 2008.  A couple of months ago most people were saying that it couldn’t happen.  In fact, the doubters would have been cautious enough to say that it wouldn’t breach 6,000 just a month ago.  However it did, in fact top […]

AIM listed London and New York based theatre marketing group reach4entertainment (LSE:R4E) has today announced that a strong second half performance has seen a return to overall profit for the 2012 calendar year and that it is confident it “will continue to make progress throughout the course of the current financial year”. With the shares […]

Investors in Premier Foods (LSE:PFD) displayed dismay and a broad lack of confidence today upon the announcement that CEO Michael Clarke has resigned his post after only 18 months in the driver’s seat. Premier’s share price had closed at 120.50 on Friday, 25 January, but dropped to 101.00 just seven minutes after the markets opened […]