LSE Market News

During the first half of 2013, Bovis Homes made “significant progress in the ongoing delivery of its strategy to improve shareholder returns” with a strong improvement in housing profit, an increase in the number of active sales outlets, a material improvement in the rate of sale per site and “the successful continuation of investment in […]

Clarkson PLC, one of the world’s leading shipping services group, has announced unaudited results for the six months ended 30 June. In a statement the firm, has offices in 16 countries on five continents, said that they had delivered a “Robust performance delivered in challenging markets” and archived revenue of £89.1m, an increase of £1.1m […]

Some rumors just won’t die.  Or as a former CEO friend of mine used to say, “The best way to handle rumors is to ignore them.”  But ignoring them in the financial news reporting business is probably an exception to the rule.  In the stock market it’s the rumors and speculation that make things exciting. […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; Another FTSE 100 correction week, this time taking us lower than the last to retest summer lows, but also much quicker than last time. Was that it, and is the only way is back up towards summer highs? Or […]

The leading cinema chain Cineworld has reported  2013 half-year revenue growth of 21.9% from £165.4m to £201.6m. Cineworld Cinemas’ revenue growth was 10.5% driven by increased Box Office receipts, up 10.5% at £131.0m (2012: £118.6m. The group’s Picturehouse arm also revenue growth was 12.9% on a pro forma basis EBITDA growth was 22.1% on a […]

It’s that time of the year again for publicly-listed firms to submit their reports that show how well (or how bad) they performed. This time, it’s the second quarter finish. Talvivaara Mining At first glance, one can safely assume that Talvivaara (LSE:TALV) did not come out a winner six months since January of this year. […]

Prudential has announced an operating profit of £1.415bn in the first half of 2013. A 22 per cent increase on 2012, the result was boosted by strong profits in the company’s Asian operations. “Prudential has produced a strong performance across our key financial metrics of IFRS operating profit”, said Tidjane Thiam, Group Chief Executive, ” […]

This column generally focuses on company and market news of interest to serious investors.  With apologies to my bosses, I am going to take it in a different direction today, because I believe that the most important story today, although it may not be directly connected to the market, does have serious implications for any […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; A tough week for the FTSE 100 index, giving up 200 points high-to-low to revisit the lower end of its summer trading range. Markets continued to fret over the prospect of less Fed stimulus and have immediately questioned the […]

Look for the next few days, if not weeks or months, to be a bumpy ride for world markets.  While Mark Carney’s remarks today (see my ADVFN colleague Tom Frew’s remarks) will have some impact on the London Exchange, the whole world is reacting to signs that the Federal Reserve is on the verge of […]