LSE Market News

Christmas has come in July for over 2,000 Sports Direct staff. With nearly 100 stores within 30 miles of London, and close to 500 in the UK, there are few people that have not been into the nation’s favourite sports shops. This international company can be found in Belgium, France, Holland, Luxembourg, Slovenia, Cyprus and […]

Its going to be an interesting end-of-the-week for tech stocks now that both IBM (NYSE:IBM) and Intel (NASDAQ:INTC) have released their quarterly earnings reports.  Neither one was very exciting for shareholders, as both reported double-digit declines in earnings. IBM IBM, which for the trivia minded, was born and raised in my hometown, reported a drop […]

Looking at BP and Shell stock with their recent press. Oil and petroleum companies such as BP and Shell have some of the largest revenues and public trading in the world, but no matter how grand their success, each has their share of negative press. In a game of “Where are they now?” let us […]

Will BT’s share price see a boost? The BBC and BT Sport have secured a four year shared rights deal that will see both broadcasters become home to The FA Cup from 2014. The Football Association, marking its 150th anniversary this year, confirmed the deal in a joint announcement at Wembley Stadium on Wednesday. It […]

My first look at the FTSE charts at midday reminded me of Churchill’s “V for Victory” sign as it resembled the statesman’s forefinger and index fingers raised aloft.  The 100, the 250, and the TechMARK all resembled a huge “V” as an early morning slump reversed its course and the indices rose to opening heights. […]

GlaxoSmithKline (LSE:GSK) share price plummeted today by 25.50 pence to 1719.00 after the noon hour.  Although it would be difficult to determine precisely why GSK’s share price has dropped, it might have something to do with its inability to distinguish itself from the illegal drug trade in China. Reports this morning indicate that at least […]

That’s a very good question.  What do a retail candy store chain and an IPTV company have in common?  At first glance, it would appear that the answer is “nothing”.  May I suggest that on this date, 15 July 2013, they both prove that what they teach in art appreciation courses is true.  That is, […]

You’ve got to like Active Risk (LSE:ARI) as an investment.  People liked it so much today that its share price grew by more than 50% on trading of only 1.076% of its outstanding shares following the announcement of its impending acquisition by Sword Aquila Ltd.  By early afternoon the share price had risen 11.5 pence […]

How a food company got its hand on a fashion retail brand is not what’s important for now. What matters today is the fact that Associated British Foods plc (LSE:ABF), a global conglomerate of food products, is getting a trading boost, thanks to its clothing business Primark. Shares of the FTSE 100 firm jumped 110 […]

Okay.  Let’s operate under the assumption that not everyone on High Street understands Italian.  The headline means that Avanti Communications (LSE:AVN) is moving backward, losing 36.37% of its market cap today as its share price dropped 89.75 pence to 157.00 by 2:00 pm.  In case you still don’t get the dark humor of the title, […]