LSE Market News

Electronics and technology firm Laird (LSE:LRD) continues to experience a “challenging environment” in the first months of the year, but the company said it will pursue expansion in anticipation of improved market conditions as the company looks for a new Chief Executive. Reported revenue increased only about 2% from £120 million to £122 million, although […]

BAE Systems (LSE:BA.) continues to have a bumpy ride, with its share price continuing the recent downward trend. Around February, when it peaked at nearly 340p, shares were going at 286.60p today on the LSE, down from yesterday’s close of 292.40. What’s Going On? Despite reporting results for the last quarter that are consistent with […]

Despite reporting a loss for the first quarter of the year, Irish airline Aer Lingus Group (LSE:AERL) was upbeat in reporting a €36.1 million operating loss, saying it is normal for this time of the year, and they are expecting operating profit to be at par with the 2011 performance. Encouraging Start “Aer Lingus experienced an […]

Software company Kewill plc (LSE:KWL) topped the early trading on the London Stock Exchange on Wednesday, as the company agreed to be acquired by a newly created entity, indirectly owned by private equity firm Francisco Partners. Shares of the logistics and management software solutions provider soared 25.7% higher than yesterday’s close to reach 95.5 pence […]

Standard Chartered (LSE:STAN) announced high single-digit growth in revenue in an Interim Management Report for the first quarter of the fiscal year issued this morning.  Oddly, share prices dropped over 3.5% to 1,458.50 by mid-afternoon. The Report In addition to the revenue growth, they reported the low double-digit growth in operating profit during the last […]

Imperial Tobacco Group (LSE:IMT) reported that their customers around the world have consumed less cigarettes and tobacco in the six months ending in March 31st compared to the same period last year, due to the imposition of government regulations on smoking and austerity measures of consumers. The maker of JPS and Windsor Blue reported stick […]

Wood Group (LSE:WG.) announced this morning that it has been awarded an engineering and procurement support contract for the world’s largest semi-submersible central processing platform. The Contract The contract was awarded to Wood Group’s Mustang subsidiary by Samsung Heavy Industries. The processing plant, weighing in at 70,000 tonnes with a deck measuring 156 metres by […]

Cobham (LSE:COB) announced this morning that it had secured a $39 million contract with the US Navy. The announcement did not seem to affect Cobham’s share price on the LSE, as it remained fairly steady at 227.90. However, the stock has shown a gain of 26% since in the first 4 months of 2012. The […]

Stagecoach Group plc (LSE:SGC) marked history in the British rail industry by entering into an agreement with Network Rail Infrastructure Limited to provide rail services in the south and southwest of England, as disclosed Monday, 30th April. This is the company’s second collaboration with Network Rail, as both companies operate the Wessex Integrated Control Centre […]

Digital media group Perform (LSE:PER) seeks to attract potential subscribers by streaming more than 50 digital sports channels to about 845 million subscribers of Facebook (NASDAQ:FB), the company announced Friday, April 27th. Perform launched LIVESPORT.TV, the company’s live, on-demand video portal of leading sports competitions, on Facebook today to allow people to connect and “watch […]