LSE Market News

SkyePharma plc (LSE:SKP), the maker of Paxil CR and other time released pharmaceuticals, is enjoying the immediate benefit today of the announcement of the European Commission’s approval to commercialise Flutiform™.  SkyePharma shares jumped more than 28% to an even 100 pence. EC Approves and Shareholders Follow The Commission’s binding approval allowing SkyePharma to market Flutiform™ […]

Barclays’ (LSE:BARC) Chief Executive Officer Bob Diamond finally gave in and tendered his resignation with immediate effect a day before a parliamentary inquiry probes into the interest rate manipulation scandal the bank was accused of last week. Calls for his resignation were heard from the top officials of the British Government, including the Prime Minister […]

British web-based video editing developer Forbidden Technologies plc (LSE:FBT) announced today that its video editing platform will be used by the world’s largest online video site for the upcoming London 2012 Olympic Games, sending shares of the AIM-listed company to the top of the trading board. YouTube, part of the tech giant Google, will use […]

Motive Television plc (LSE:MTV) share price was up 22.0% this morning on the news of a new contract and other pending potential projects. A Transformational Deal Motive, with a market cap of £2.79 million announced a five year agreement with CET 21, a subsidiary of Central European Media Enterprises (CME), to provide its Television Anytime Anywhere™ […]

It’s payday today at Solo Oil plc (LSE:SOLO), following an independent technical evaluation saying there is about 5.75 trillion cubic feet of unrisked gas-initially-in-place (GIIP) “for identified leads, prospects and discoveries” in the company’s 12,000-square kilometre acreage within the Rovuma Basin, now an established oil and gas resource in the territories of Tanzania and Mozambique...

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 […]