LSE Market News

Xstrata (LSE:XTA) is making news on several fronts today. With the news of a potential merger with Glencore International already on the table, significant developments are happening involving Canadian operations and Middle Eastern investors. With these stories breaking around midday, there has been little time for market reaction. Nonetheless, XTA shares were up 11.50p to […]

Whitbread plc (LSE:WTB), holding company of some United Kingdom’s popular brands in the hospitality market, boasted £1.7 billion in revenues for 2011, a leap of 11.2% compared to 2010. “Whitbread has delivered another good set of results,” said Whitbread Chairman, Anthony Habgood while noting down increase in full year earnings and a 15% increase in dividends. “Our focus on building strong...

AstraZeneca’s (LSE:AZN) Chief Executive David Brennan declared his retirement on the same day the pharmaceutical giant released its first quarter results for 2012, showing a 11% decline in revenue. AstraZeneca was down £943 million in revenue, reaching only £7.349 billion due to the “loss of exclusivity on several brands, together with the challenging market conditions” […]

ZOO Digital Group (LSE:ZOO) released a trading update today in advance of its reporting of final figures for the year ending March 31st. Share prices on the LSE were up over 20% by early afternoon. Report Highlights Total sales for the year are expected to be $11.2 million. Operating profits of $0.2 million (£125,000) in […]

British multi-media giant Virgin Media said first quarter revenues were in line with company forecast at £1 billion, up 2.4% from the same period. It is being backed by growth in the different business segments, enabling them to post a net income £4 million higher than the previous figure to £7 million. Financial Highlights The […]

Aseana Properties (LSE:ASPL) happily released its results for the year ending December 31st, reporting a revenue increase that took the company out of the red. Shares were up over 3% on the LSE at mid-afternoon. Report Highlights Revenues increased 56.8% to $281.1 million. The sale of completed properties and the completion of the SENI Mont’ Kiara […]

Oil giant firm Royal Dutch Shell (LSE:RDSA)(LSE:RDSB) raises its offer to acquire Cove Energy (LSE:COV) at US$1.8 billion, in what may become a bidding war to take over the newly discovered oil and gas deposits east of Africa. The revised terms presented by Shell on Tuesday, 24th April, rivals Thailand’s PTT Exploration & Production’s offer […]

Oil exploration and development company Jupiter Energy (LSE:JPRL) disclosed they have commenced trial production on two of its wells in their sole asset in Kazakhstan, whilst preparing trial licences for the other two wells. Domestic Production J-50 and J-52 wells are expected to produce 600 barrels of oil per day (bopd), with the oil to […]

888 Holdings, one of the world’s most popular gaming companies, published its first quarter results and trading update this morning, announcing its sixth consecutive quarter of revenue growth.  Despite an excellent quarter, company shares were off slightly, down 1.6% to 76.75p. Highlights & Key Performance Indicators Note: All highlights and KPI are derived directly from […]

Nautilus Minerals (LSE:NUS), the world’s first company to explore the seafloor for mining copper, gold, zinc, and silver producing deposits, announced an agreement for the sale of 1.1 million metric tonnes of ore per year to Tongling Non-Ferrous Metals Group Co Ltd. The Agreement The agreement is expected to commence with the first delivery of […]