LSE Market News

The Fairpoint Group impressed investors today with year end results that included a whopping 87% increase in pre-tax profit.  I was going to say that the group, which was founded in 1997, floated on the AIM market in 2002, and renamed as Fairpoint in 2008, has found it’s niche.  But I think it may be […]

As you may remember Sefton Resources (LSE:SER) is suing myself and Brokerman Daniel for libel. I have already responded to its writ and lodged my papers in the High Court last week. Dan tells me that he will be lodging within 24 hours. Both of us await this matter with mounting excitement as the more […]

I first tipped this stock on my premium Nifty Fifty website at an 11.5p offer price on 28th October last year advising my readers to sell half their holding at 24.75p (bid price) the following month. I subsequently suggested reinvesting that cash at 13.5p (offer price). Things are now getting exciting for this company. Leyshon […]

Thomas Cook (LSE:TCG) CEO Harriet Green “gets it” and shareholders who read this morning’s strategy update understand that she does.  TCG share price improved by 15.8% by the noon hour, up 13.75 pence to 100.75. Far too often, in my experience, once turnaround artists achieve their goals, they pat themselves on the back and either […]

Despite an uncertain global economic environment, international financial services group, Prudential plc (LSE:PRU), managed make a profit for the fourth consecutive year since its loss in 2008, the UK-incorporated firm said Wednesday. In its full year results released earlier today, the insurance and asset management group reported statutory pre-tax profit of £3.188 billion in 2012, […]

Gold and copper producer Antofagasta plc (LSE:ANTO) saw its shares rose on the London Stock Exchange on Tuesday after the company announced it will be paying out dividend for 2012 in the amount more than twice it gave the year before, following record production and revenue. In the company’s preliminary results released earlier today, the […]

It was less than a year ago, 8 June 2012 to be exact, that Diageo (LSE:DGE) announced that would invest £1 billion to expand its production by as much as 40%.  The share price of the world’s largest distiller at that time was 1,581.0  Today the Diageo share price is 2003.5, up 26.7% from the 8th […]

Shares of Bahamas Petroleum Company plc (LSE:BPC) surged upward on the London Stock Exchange today after the Government of The Bahamas decided to postpone a referendum that would decide the future of the oil exploration in the waters of the Caribbean commonwealth state. In a statement, BPC’s Chief Executive, Simon Potter, welcomed the decision of […]

BP and GlaxoSmithKline lend support to David Cameron’s policy The chief executives of FTSE firm have written to the Financial Times declaring their support for the UK government’s foreign aid policy. Signed by BP’s Robert Dudley, BT’s Sir Michael Rake, and GlaxoSmithKline’s Sit Andrew Witty the letter argues that “Developing countries become emerging economies and […]

Shares in Cupid (LSE:CUP), the AIM-listed online dating business have tanked since some unhelpful media coverage in January. But calendar 2012 results last week should have silenced the critics. They did not. Neither did the CEO splashing out c£1 million to buy 865,000 shares at 114p. This is bizarre. What is going on? I tipped […]