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LSE Market News

Primark Gives ABF a Boost

11 Jul 2013 @ 09:59
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 […]
 

Avanti Moves Indietro

10 Jul 2013 @ 15:46
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, […]
 

UK government to float Royal Mail

10 Jul 2013 @ 14:50
Unknown what effect this will have on red elastic bands, late deliveries and job prospects for black and white felines. Royal Mail has welcomed the Government’s announcement today that it intends to relinquish overall control and achieve minority ownership in Royal Mail. The Government intends to dispose of a majority stake in Royal Mail this […]
 

BP's Vivergo bioethanol plant opened

09 Jul 2013 @ 21:38
Opened by the Liberal Democrat Business Secretary Vince Cable The £350 million Vivergo bioethanol plant in Hull was officially opened today by the Rt. Hon Vince Cable MP, Secretary of State for Business, Innovation and Skills. The new plant is the UK’s biggest bioethanol producer and largest single-source supplier of animal feed providing valuable commodities […]
 

M&S sees clothes sales fall but food rise

09 Jul 2013 @ 21:30
Some progress in General Merchandise and an excellent performance in Food • Group sales +3.3% * • Total UK sales +2.7%:Food +4.5%; GM +0.5% • Like-for-like UK sales +0.3%:Food +1.8%; GM –1.6% • International sales +8.7% * • M&S.com sales +29.9% Marc Bolland, Chief Executive that the company’s “General Merchandise business showed some improvement this […]
 

Will Egyptian Unrest Undermine Centamin?

09 Jul 2013 @ 14:31
Centamin plc (LSE:CEY) delivered a Q2 report that was astounding in terms of production at its Sukari gold mines.  Yet its share price tumbled this morning by 0.36% to 38.22.  Simply reading the report, one might expect the price to be ascending rather than descending.  Perhaps the fact that the Sukari project is in Egypt, […]
 

BT Sport to broadcast football conference matches

07 Jul 2013 @ 21:26
The Football Conference and BT Sport have agreed a two-year deal for the new channels to show 30 live matches a season from the Conference Premier. BT Sport will host live broadcasts from the grounds for 25 league matches, plus both legs of the play-off semis and the Promotion Final at Wembley, from the start […]
 

EnterNext holds first board meeting

06 Jul 2013 @ 22:13
The first Board meeting of EnterNext defines its missions and priority goals In its first meeting, chaired by Eric Forest, the EnterNext Board of Directors clearly defined resources and priorities following announcements made on May 23. EnterNext currently employs a team of 16 sales representatives which will rise to 20 by the end of 2013. […]
 

Has Lloyds Been Disingenuous?

05 Jul 2013 @ 14:45
The share price of Lloyd’s Banking Group moved from up .01 pence to down .27 pence in the time it has taken to write this sentence.  Given Lord Levene’s accusation before the Treasury Select Committee that the Group’s leadership has been “disingenuous” in communicating the facts of Lloyds proposed divestiture of the 632 branches referred […]
 

Gulf Keystone Fills Empty Boardroom Chair

04 Jul 2013 @ 14:41
Gulf Keystone (LSE:GKP) share price rose by 4.75 pence today back to 150.00, an increase of 3.27%.  The company is evidencing it’s seriousness regarding its aggressive plans to move from the AIM to the Main Market on the London Exchange and to exploit its Shaikan oil field operations.  The company, which has struggled to gain ground […]
 
 
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