LSE Market News

IQE (LSE:IQE), the world’s leading supplier of semiconductor wafers, saw its share price surge today following its announcement that it will be taking over the manufacturing facilities of RF Micro Devices (RFMD) located in Greensboro, North Carolina, USA. The value of the stock had increased by 12.63% to 26.75p The Agreement RF Micro Devices is […]

Halfords Group (LSE:HFD) share price looked like a downhill slope of the Tour de France today as it continued its descent from the 546.00p peak it had reached in June 2010. After the company published its preliminary year end results, its price on the LSE continued coasting downhill to 247.80p, 28.10p (10.8%) lower than yesterday’s […]

The Board of Directors of consultancy firm Logica plc (LSE:LOG), announced today, it intends to “unanimously” recommend to its shareholders the cash offer made by CGI Inc. to acquire the company for £1.7 billion, putting the company at the top of the trading board on the London Stock Exchange in early morning trading. Acquisition Offer […]

Oil and gas explorer and producer Ithaca Energy (LSE:IAE) announced Monday, the “successful” commencement of oil production from the Athena Field in the UK Continental Shelf, welcomed by its joint venture partners, Trap Oil Group (LSE:TRAP) and Lochard Energy Group (LSE:LHD). “The initial operations phase of the field is in line with management’s expectations and […]

The share price of Helical Bar (LSE:HLCL) rose modestly today, following posting of the company’s final results. Price per share for the property development and investment firm was 169.00p by early afternoon, up 1.00p from yesterday’s close. Report Overview The most significant news in the report was that the company not only finished in the […]

Dairy Crest Group (LSE:DCG) had to write down the value of its dairies business by $70.7 million, wiping out adjusted pre-tax profit and posted a loss of £10.1 million, the company’s 2011-2012 financial results revealed. Its dairies business, which accounts for more than 65% of the total revenue, declined by £20 million to £1.069 billion […]

British mobile firm Vodafone Group (LSE:VOD) reported that the mobile phone giant had a “steady” performance for the 12 months ending 31stMarch 2012, affected by a “weaker euro” and “tough macroeconomic and regulatory environment” in Europe. Revealing its annual performance to the public, Vodafone indicated “impairment charges” amounting to £4 billion for its operations...

Mineral processing technologies provider Alexander Mining (LSE:AXM) revealed today it proposes a capital restructuring for approval by its shareholders, triggering a drop of the company’s shares on the London Stock Exchange today. Acutely Challenging In a statement issued earlier today, Alexander Mining said the company “in common with a multitude of other companies in the […]

E-commerce marketplace provider @UK (LSE:ATUK) is to provide e-commerce framework to all public bodies in the United Kingdom, sending the shares up and amongst the top risers in early morning trading in London today. Only Provider In a statement released earlier today, @UK won a four-year contract to provide catalogue solution, spend analysis, and PSP […]

Shares of engineering firm Lamprell (LSE:LAM) lost nearly two-thirds of its market value in trading today, after the company said its profit margin for 2012 will be “below the Board’s original expectation”, making it one of the biggest losers on the London Stock Exchange. At 12:00 GMT, Lamprell lost £1.77, or 60% of yesterday’s closing […]