LSE Market News

Somewhere in the UK there is a CEO who is smiling.  Actually, there are two of them.  Simon Denyer and Oliver Slipper, Joint CEOs of Perform Group plc (LSE:PER), are likely the envy of UK publicly traded companies.  Perform’s 12 month stock chart looks like a trail to the top of Everest as it has […]

UK-incorporated gold exploration, production, and development company Allied Gold Mining plc (LSE:ALD) topped the trading board on the London Stock Exchange today following an offer to acquire the company that nearly doubled its market value. St. Barbara Limited (ASX:SBM), also a gold producer and explorer listed on the Australian Securities Exchange (ASX), offered to acquire […]

Four major British banks have found themselves in the middle of another scandal as UK’s Financial Service Authority (FSA) discovered “serious failings” in the sale of hedging products designed to cover small and medium sized businesses from interest rate fluctuations. The financial watchdog named Royal Bank of Scotland (LSE:RBS), HSBC (LSE:HSBA), Lloyds Banking Group (LSE:LLOY), […]

Barclays plc (LSE:BARC) Chief Executive Officer Bob Diamond is now facing mounting pressures from shareholders and authorities following the LIBOR rate manipulation scandal that caused the British bank to pay £290 million in penalties and hurt its market value in London trading today. Strong statements were heard from British Prime Minister David Cameron and Chancellor […]

Ladbrokes (LSE:LAD) stock had plunged nearly 11% to 154.90 pence by the noon hour today, following a preview of first-half results which are to be released on 20 August 2012. Strong Start Ladbrokes came out of the fiscal year gates running strong.  During the first three months increases of 8.9 % in net revenue, 9.0% in […]

Global commodities giants Xstrata plc (LSE:XTA) and Glencore International plc (LSE:GLEN) have agreed on new terms of the management incentive arrangements in relation to the multi-billion pound merger of the two London-listed companies, in an effort to appease angry investors over pay packages of the top executives days before their shareholders decide on the fate […]

Shares of commercial vehicle hire Northgate plc (LSE:NTG) rallied on the London Stock Exchange following the disclosure of its final results for the 2012 fiscal year that saw a rise in profit despite economic pressures in the markets where the group operates. The British born company reported £45.9 million in pre-tax profit, a sharp rise […]

Royal Bank of Scotland (LSE:RBS) shares were on the upswing today, 27 June 2012, after losing ground daily since 22 June when a “computer glitch” brought the bank to its operational knees along with subsidiaries, NatWest and Ulster Bank.  RBS share price plunged from 243.20 on 22 June to 227.70 on 26 June.  The Bank […]

International bus and rail operator Stagecoach Group plc (LSE:SGC) said it is in a good start for the current financial year, despite a slight drop in profit in 2011, caused by the poor performance of its UK rail division. Reporting its final results for the year ended 30th April 2012, Stagecoach said it benefited from […]

Share price in the Edinburgh technology firm, Wolfson Microelectronics (LSE:WLF), continued its ascent that began in November 2011 when it had traded at 96.00 pence.  By noon today, 26 June 2012, shares continued climbing to 205.40 from yesterday’s close of 190.00. Major Deal with Samsung Announced Wolfson announced this morning that Samsung has been using […]