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LSE Market News

BP To Admit Oil Spill Crimes and Pay Record Fines

16 Nov 2012 @ 09:11
BP plc (LSE:BP.) makes history again after agreeing to pay the largest criminal fine in the United States jurisprudence to date, in relation with the Deepwater Horizon explosion in 2010 that claimed 11 lives and caused the costliest oil spill in history. Eight hours after the London-based oil giant announced it is in “advanced discussions” […]
 

Reach4Entertainment – It was a recovery play, I was right

15 Nov 2012 @ 16:17
Reach4Entertainment (LSE:R4E) was a disastrous tip by me during my 12 years at t1ps.com – I first recommended it at 81p. Back on September 21st those now running t1ps advised their readers to sell at 3.5p, not having bothered to speak to the company first. I did and called it as a recovery buy. I hope […]
 

Talvivaara Demotes CEO

15 Nov 2012 @ 12:52
Poised to end the year with a much lower production than what had previously been reduced, Talvivaara’s Board of Directors revamped its composition resulting in a change of leadership as its Chief Executive Officer was replaced, a day after the Finland-focussed nickel and zinc producer announced the metals recovery plant is still shut following a […]
 

BP in Advanced Talks to Settle Oil Spill Criminal Charges

15 Nov 2012 @ 11:02
Conflict resolution is probably what the UK oil giant, BP plc (LSE:BP.), has been studying for quite some time now as within a week, the London-based firm was able to come up with amicable ways to settle cases and disputes with authorities and partners. In a statement today, the integrated energy company said it is […]
 

Inland PLC vs. Paul Scott

14 Nov 2012 @ 15:21
Paul Scott is a smart investor and a good battler against boards which take the piss. Looming in his sights now is AIM listed property developer Inland (LSE:INL). The issue is boardroom pay versus shareholder return. And Scott is not wrong here. Inland is a good company but its directors Stephen Wicks and Nish Malde […]
 

Talvivaara Share Price Partially Recovers

14 Nov 2012 @ 15:14
Shares of nickel and zinc producer, Talvivaara Mining Company plc (LSE:TALV), recovered a few pence earlier today after the firm said the leakage in its Sotkamo mine in Finland has stopped but were still down by more than a fourth of their value before the leakage happened 10 days ago. At 11:45 AM GMT, Talvivaara’s […]
 

Stopped Leakage Pumps Talvivaara Share Price

14 Nov 2012 @ 12:40
Shares of nickel and zinc producer, Talvivaara Mining Company plc (LSE:TALV), recovered a few pence earlier today after the firm said the leakage in its Sotkamo mine in Finland has stopped but were still down by more than a fourth of their value before the leakage happened 10 days ago. At 11:45 AM GMT, Talvivaara’s share […]
 

BHP Billiton Breaks Engagement with Diamond Business

14 Nov 2012 @ 10:32
The world’s largest mining group, BHP Billiton plc (LSE:BLT) is breaking its engagement with its diamond business after deciding to sell Canada’s first diamond mine to jewellery designer Harry Winston for US$500 million, in line with the miner’s move to transform itself into a “simpler business”. In a statement, BHP Billiton said it has signed […]
 

Interquest – Director’s Dealing why bother?

14 Nov 2012 @ 07:44
I happen to think that shares in AIM listed IT recruitment business Interquest (LSE:ITQ) are cheap but today’s announcement on director dealing is one of those ones which asks the question? Why? What are you trying to say? The statement says that CEO Gary Ashworth has bought 10,000 shares at 45.75p per share. So with […]
 

Clem Chambers : Enterprise Inns out, RBS in. Buy cheap and sell… not cheap

13 Nov 2012 @ 16:03
According to market theory, it doesn’t really matter when you buy or sell, so long as you buy cheap and sell … not cheap! As such, I sold Enterprise Inns (LSE:ETI) yesterday. It’s 50/50 as to whether the stock will continue to go on up. Yet I was on around 140% profit, and the price, […]
 
 
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