FTSE All-Share News

The Carillion share price (LSE:CLLN) rose 8.0% today, a change of 25.60 pence to 345.60 as investors seem to be responding to the company’s published rationale of why the proposed merger with Balfour Beatty (LSE:BBY) makes good sense. However, the Balfour Beatty share price also gained 4.40 pence, or 1.86%, to 240.90 as the company […]

We have tended to be keen on the prospects of Gulf Keystone Petroleum (LSE:GKP) and its project in the Shaikan field in Kurdistan. The fact is that we still are, but the conflict in bordering Iraq, spurred by the so-called Islamic State’s pursuit of toppling the al-Maliki government in Iraq and establishing a caliphate in […]

At 16 minutes past 9:00 am GMT yesterday, 24 July 2014, Carillon (LSE:CLLN) announced that it had won a contract with the Ministry of Defense worth £2.8 billion. Carillon’s share price barely budged, despite analysts describing the deal as a game changer for the company. The contract for maintaining and upgrading military facilities was won as […]

There’s no doubt about it. Persistence can pay off. AbbVie (NYSE:ABBV) has been courting Shire plc (LSE:SHP) for some time now with takeover proposals, all of which Shire has shunned. The board of Shire has now reported that it is willing to recommend ABBV’s latest offer of £53.2 per share in cash and stock. Shire’s share […]

If only there were more space in the title line, I could have said, “Shire Shares Soar Sixteen Percent and Six Hundred Twenty-Six Pence. (I love alliteration and tongue-twisters, and now I think that I’ve created something to rival Peter Piper. In this case, not only is it fun to say, but it is true! […]

The share price of Morrisons supermarkets (LSE:MRW) rebounded today by 2.28% from a month-long decline, returning to 192.60 on the day. The MRW share price had been at 214.00 on 14 May. Even that was down from 302.50 as at 12 September 2013, as Great Britain’s fourth largest supermarket chain has had to respond to […]

Several London-listed oil and gas exploration firms have encountered positive drilling results recently, as announced in their regulatory filings Monday, as well as increased their proven reserves. Wells drilled by Mosman Oil & Gas (LSE:MSMN), Hurricane Energy (LSE:HUR), and Leni Oil & Gas (LSE:LGO) met different successes, while Caza Oil & Gas (LSE:CAZA) and Sound […]

The Saga Group (LSE:SAGA) floated it’s IPO on the London Exchange today. Saga’s share price closed at the same price it was offered: 185.00 pence, after a short period spent at 189.00. As usual, there are at least two side to the story. The plot of one is that it was a successful IPO, raising £550 […]

Nostrum Oil & Gas wants to have a premium listing on the London Stock Exchange and a place at the FTSE index, the Kazakhstan-focused oil and gas producer said on Tuesday. In a statement, the directors of Nostrum plans to admit a newly established holding company on the LSE’s main market as well as on […]

I you ask me – Thank you. I’m glad you asked. – Gulf Keystone Petroleum’s (LSE:GKP) biggest problems are the pusillanimous pipsqueaks who apparently comprise too large a portion of company shareholders. It seems that, regardless of how much progress the company makes, any hint of negative news engenders a decline in the company’s share […]