Lou Gutheil

Shares in Hochschild Mining (LSE:HOC) continued their upward trend this morning on the company’s third quarter results.  Up 5.00 pence to 515.50 from yesterday’s close by 10:30, the share price faded back to 512.50 by 14:00.  Though the stock has a pattern of spiking in both directions, still it is up 39% from 385.80 as […]

Members of the Brisbane (Australia) Mining Club listened attentively today as Marius Kloppers, CEO of BHP Billiton (LSE:BLT) reported record production numbers for his company, but warned that the record commodity prices the industry has enjoyed for the last 10 years are about to return to long-term levels.  The mining industry has enjoyed the benefit […]

It now appears that Bumi (LSE:BUMI) is going to be a headliner in London and there is no telling how long the play will go on.  Last evening Nat Rothschild, the conceiver and creator of the world of Bumi tendered his resignation to board chairman, Samin Tan. Having, quite obviously, hoped to pronounce his 2011 […]

Hargreaves Lansdown (LSE:HL.) has been setting records lately for both operation and share price performance.  Having released its interim management statement for the first quarter last Friday,  12 October, Hargreaves led the FTSE 100 and has done so again today, Monday, 15 October.  Starting the day at 712.00 today, which was up 24.00 from 688.00 […]

Between 19 September and 24 September the share price of Bumi (LSE:BUMI) dropped 47.7% from 282.00 to 147.60 as tensions mounted between board members, in particular Nat Rothschild, and the Bakrie family over operational irregularities and corporate governance at the company’s Indonesian mining operations. The last two days have added a new twist to the […]

RBS’ (LSE:RBS) divestment of it insurance arm, Direct Line Group (LSE:DLG) has officially begun with limited trading in this year’s IPO Derby.  Opening at 175.00, the share price was off and running to 186.80 mark shortly after 1:00 pm.  The 450 million shares were being gobbled up like a horse that hadn’t eaten in a […]

In the time it took me to write a brief update of the progress on the proposed merger of BAE (LSE:BA.) and EADS (EU:EAD) late this morning, the news changed.  It has now been confirmed that the deal is officially dead and that the two companies will not be asking government regulators for a 28-day […]

With a new, revolutionary product for the oil drilling industry in hand, Plexus Holdings (LSE:POS) floated on the London Stock Exchange less that seven years ago, in December 2005.  Just over three years later, in April 2009, its share price was valued in the mid-20.00 range. One year later, in April 2010, its value had […]

After the revelation of government concerns left the proposed BAE-EADS merger up in the air like a hot air balloon with no place to land, BAE’s (LSE:BA.) single largest investor fired off some shots, any one of which could cause enough shareholder concern to blow a hole in the deal and bring it crashing to […]

Unless certain conditions are met, the merger of BAE and EADS will not happen. There is concern on the parts of the BAE and both the US and British governments that the shareholdings and rights of governments involved in the proposed merger must be limited. Defense Secretary Philip Hammond said, “It is not, I think, necessary […]