LSE Market News

Despite overtures from News Corp over the weekend Pearson PLC (LSE:PSON) announced the betrothal of its daughter, Penguin Group, to Random House, the son of German publisher Bertelsmann SE.  The marriage is expected to take place in September 2013, but a precise date has not been set. According to the pre-nuptual agreement, the couple will […]

Two nights before its Managing Director presents the company at a dinner with investors, brokers, and analysts, Ariana Resources plc (LSE:AAU) said its flaghship Red Rabbit Gold Project in Turkey exhibits “highly attractive economic fundamentals” capable of providing the company multi-million dollar revenue, for the whole life of the mine. Following an interim feasibility study, […]

Last week the publishing industry was all a dither over the possibility that Pearson PLC (LSE:PSON) was in discussions with Germany’s Bertelsmann regarding mating its Penguin Books division with Bertelsmann’s Random House division.  Analysts were generally viewing the potential merger with as a boon for investors, generally seeing the combining of two of the five […]

Yesterday ADVFN launched the Nifty Fifty, a new website which I am writing. While a stream on new investment ideas  will appear in the next few days, starting in a few hours, it has only one article on it so far, yesterday’s editorial. And this is it. It outlines a bit of what is to come. In […]

Anglo American Platinum (Amplats), a subsidiary of London-based Anglo American plc (LSE:AAL) and top supplier for the world’s demand for platinum, has offered to reinstate the 12,000 employees it dismissed less than three weeks ago, following a loss of over a hundred thousand ounces of the precious metal since the strike ensued at its mines. […]

I recommended shares in UK marketing communications and advertising group Mission Marketing (LSE:TMMG) in February of this year at 19.125p on t1ps.com, the site I set up in my bedroom 12 years ago but left in September. At that stage I identified them as a value, recovery play as the company’s cash generation meant debt […]

Seventy-two percent is an interesting number.  Just say the words “seventy percent” and most people will envision in their minds a large portion of something good.  The number means something entirely different on a report card.  It conveys a sort of mediocrity.  If that report card is a corporate quarterly report and the 72% is […]

The last three mines of the South Africa’s top producer of gold, AngloGold Ashanti Limited (LSE:AGD) have resumed operations as workers returned to the mines, while the company continues its dismissal proceedings for those who still refuse to accept the newly negotiated terms and ramps up operations ahead of its production update two weeks from […]

To give the Daily Mail credit it has now removed from its website the article suggesting that penny share dreadful oil producer and cash cow (for chairman Jim Ellerton but not for long suffering shareholders)  Sefton Resources (LSE:SER) was producing 220 bopd from 20 wells on its Tapia field. We all know (and the Mail […]

A day after the global mining powerhouse Anglo American plc (LSE:AAL) reported its production performance for the third quarter of 2012, the firm’s female CEO, Cynthia Carroll, declared she is stepping down from the post she held since 2007, a decision investors and market watchers cannot help thinking whether it is related with the recent […]