LSE Market News

Gold and copper producer Antofagasta plc (LSE:ANTO) saw its shares rose on the London Stock Exchange on Tuesday after the company announced it will be paying out dividend for 2012 in the amount more than twice it gave the year before, following record production and revenue. In the company’s preliminary results released earlier today, the […]

It was less than a year ago, 8 June 2012 to be exact, that Diageo (LSE:DGE) announced that would invest £1 billion to expand its production by as much as 40%.  The share price of the world’s largest distiller at that time was 1,581.0  Today the Diageo share price is 2003.5, up 26.7% from the 8th […]

Shares of Bahamas Petroleum Company plc (LSE:BPC) surged upward on the London Stock Exchange today after the Government of The Bahamas decided to postpone a referendum that would decide the future of the oil exploration in the waters of the Caribbean commonwealth state. In a statement, BPC’s Chief Executive, Simon Potter, welcomed the decision of […]

BP and GlaxoSmithKline lend support to David Cameron’s policy The chief executives of FTSE firm have written to the Financial Times declaring their support for the UK government’s foreign aid policy. Signed by BP’s Robert Dudley, BT’s Sir Michael Rake, and GlaxoSmithKline’s Sit Andrew Witty the letter argues that “Developing countries become emerging economies and […]

Shares in Cupid (LSE:CUP), the AIM-listed online dating business have tanked since some unhelpful media coverage in January. But calendar 2012 results last week should have silenced the critics. They did not. Neither did the CEO splashing out c£1 million to buy 865,000 shares at 114p. This is bizarre. What is going on? I tipped […]

And so the multiple potential bidders for spreadbetting form London Capital (LSE:LCG) walked away last week. The shares duly crashed and now trade at 30.5p valuing London at £16.2 million, a discount to net cash. Or is it?  Just a few points from this sorry saga emerge and perhaps offer lessons elsewhere. 1. I called […]

For the first time in history, Barclays plc (LSE:BARC) revealed to the public details of how much the bank paid its employees, showing that there were in all, 428 people who received at least £1 million in 2012. The move was in response to the call of transparency by British bank’s new Chairman of the […]

As you know Sefton Resources (LSE:SER) is suing me for libel. What is amazing is that as every day goes by more folks come out of the woodwork offering up information which makes my case ever more watertight. This is getting more and more enjoyable by the minute.  Just to keep you all amused and […]

Shares in AIM, Canada and Peru listed Minera IRL (LSE:MIRL) commenced 2013 at more than 50p but currently trade down at 43p – capitalising this Latin America focused gold miner at just below £75 million. This has not been one of my greatest tip from my t1ps.com days (I tipped it at 69p) so what to […]

One of the interesting things about the stock market is its inherent unpredictability.  A single stock or the entire index can be up one day and down the next and rarely does anyone ever know why, although individual speculation abounds.  Speculation is often closer to reality at this time of year as so many companies […]