LSE Market News

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 […]

Shares of Supergroup (LSE:SGP), parent of clothing retailer Superdry, lost roughly a third of their value on Friday after the company issued its second profit warning since February. This profit warning downgraded the company’s pre-tax profit for the year to April 29 to £43 million, after the warning in February had downgraded that figure to […]

E2v Technologies (LSE:E2V) stock rose a healthy 8% and 10.00p today to 135.50pps. Company shares have been on the rise rather consistently since October 2011. Report Highlights The report was highly favourable, indicating that the board expects its performance for the year ending on March 31st to come in at the high end of their previous […]

GlaxoSmithKline (LSE:GSK), the pharmaceutical giant, announced today that it has launched an attempt to acquire Human Genome Services, a longtime research partner of the firm. GSK has offered to pay $13 a share for all of HGS’s outstanding shares, an 81% premium. HGS, which is currently valued at $7.17 a share, does not believe GSK’s […]