LSE Market News

Former BBC Controller Lorraine Heggessey Leads Takeover of Boomerang Plus

04 Jul 2012 @ 13:17
Boomerang Plus plc (LSE:BOOM), an independent production company in the United Kingdom, is to be sold to a group led by former BBC1 Controller and Chief Executive Officer of Talkback Thames, Lorraine Heggessey, and re-launch the company under the a new name headed by the same management team. Boom Pictures Limited, the entity making the […]

Condor Gold Stocks Rally on ‘Bonanza’ Gold Grades Drilling Results

03 Jul 2012 @ 15:24
Central America-focussed gold explorer Condor Gold plc (LSE:CNR) said its La India mining project in Nicaragua has the potential to support an open pit mining, sending the shares of the AIM-listed company to the top of the trading board in London today. Further results of the ongoing 7,000-metre drill programme showed “bonanza” gold grades referred […]

SkyePharma Investors Breathe Easy - Shares Up 28%

03 Jul 2012 @ 14:22
SkyePharma plc (LSE:SKP), the maker of Paxil CR and other time released pharmaceuticals, is enjoying the immediate benefit today of the announcement of the European Commission’s approval to commercialise Flutiform™.  SkyePharma shares jumped more than 28% to an even 100 pence. EC Approves and Shareholders Follow The Commission’s binding approval allowing SkyePharma to market Flutiform™ […]

Barclays CEO Bob Diamond Resigns Amidst Scandal

03 Jul 2012 @ 12:21
Barclays’ (LSE:BARC) Chief Executive Officer Bob Diamond finally gave in and tendered his resignation with immediate effect a day before a parliamentary inquiry probes into the interest rate manipulation scandal the bank was accused of last week. Calls for his resignation were heard from the top officials of the British Government, including the Prime Minister […]

Forbidden Technologies Shares Soar on Contract Win with YouTube

02 Jul 2012 @ 14:06
British web-based video editing developer Forbidden Technologies plc (LSE:FBT) announced today that its video editing platform will be used by the world’s largest online video site for the upcoming London 2012 Olympic Games, sending shares of the AIM-listed company to the top of the trading board. YouTube, part of the tech giant Google, will use […]

New Contract Is Motive for Motive TV Share Price to Soar

02 Jul 2012 @ 14:03
Motive Television plc (LSE:MTV) share price was up 22.0% this morning on the news of a new contract and other pending potential projects. A Transformational Deal Motive, with a market cap of £2.79 million announced a five year agreement with CET 21, a subsidiary of Central European Media Enterprises (CME), to provide its Television Anytime Anywhere™ […]

Solo Oil Reports 5.75 TCF of Gas from Tanzania Portfolio

02 Jul 2012 @ 11:23
It’s payday today at Solo Oil plc (LSE:SOLO), following an independent technical evaluation saying there is about 5.75 trillion cubic feet of unrisked gas-initially-in-place (GIIP) “for identified leads, prospects and discoveries” in the company’s 12,000-square kilometre acreage within the Rovuma Basin, now an established oil and gas resource in the territories of Tanzania and Mozambique...

Perform Group Performs Well - Announces New Acquisition

29 Jun 2012 @ 14:30
Somewhere in the UK there is a CEO who is smiling.  Actually, there are two of them.  Simon Denyer and Oliver Slipper, Joint CEOs of Perform Group plc (LSE:PER), are likely the envy of UK publicly traded companies.  Perform’s 12 month stock chart looks like a trail to the top of Everest as it has […]

Allied Gold Stocks Soars on Merger Offer

29 Jun 2012 @ 13:27
UK-incorporated gold exploration, production, and development company Allied Gold Mining plc (LSE:ALD) topped the trading board on the London Stock Exchange today following an offer to acquire the company that nearly doubled its market value. St. Barbara Limited (ASX:SBM), also a gold producer and explorer listed on the Australian Securities Exchange (ASX), offered to acquire […]

FSA Finds Four Major UK Banks Guilty of Mis-selling Financial Products

29 Jun 2012 @ 10:56
Four major British banks have found themselves in the middle of another scandal as UK’s Financial Service Authority (FSA) discovered “serious failings” in the sale of hedging products designed to cover small and medium sized businesses from interest rate fluctuations. The financial watchdog named Royal Bank of Scotland (LSE:RBS), HSBC (LSE:HSBA), Lloyds Banking Group (LSE:LLOY), […]
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