Aug 07 2012 @ 08:47
Standard Chartered Bank (
LSE:STAN) share price dropped a whopping 23.47% by noon today. Shareholders are leaving like rats on a sinking ship. With the share price sinking by 345.00p to 1,125 on a volume of nearly 54 million shares, the company has lost more than £11.5 billion in market value in a matter of a […]
Aug 06 2012 @ 08:05
Investors have been regaining a measure of confidence in the revealed intentions and recent actions of the leadership of Barclays (
LSE:BARC). Reports surfacing today indicated that the board may be about to restructure its executive bonus plan. Share price was up 2.92% from 171.35 at Friday’s close to 176.35 at midday. This stock has been […]
Aug 03 2012 @ 09:28
RBS (
LSE:RBS) share price was up this morning by 9.00p from yesterday’s close of 204.50. Whilst 213.50 is not the bank’s highest mark for the year, neither is it its lowest. The increase follows the bank’s report of its half year results. Not All Bad News Is Bad News When an interim report is so […]
Aug 03 2012 @ 06:10
Internal Memo Goes Public You could almost see it coming as word of an internal memo found its way to the newswires by late morning via The Australian newspaper. The memo from Iron Ore Division president Jimmy Wilson was apparently distributed to several thousand employees. Essentially the memo was intended to make key employees aware […]
Aug 01 2012 @ 08:46
The Footsie was helped along today as the share price of Antofagasta (
LSE:ANTO) gained 23.00 pence to 1,095 by 12:40 UTC. The 2.3% gain this morning may be just about enough to push the stock back above its 90-day average again. The demonstration of investor confidence followed the company’s Production Report for the Second Quarter. […]
Jul 31 2012 @ 09:29
The London 2012 boxing competition has barely been underway, but one heavyweight has already taken it on the chin. BP (
LSE:BP.) was rocked by a solid punch that started its share price bleeding after the company exposed its Second Quarter results. Shares dropped 19.85p to 424.60 by midday. Obviously shaken, CEO Bob Dudley acknowledged the […]
Jul 30 2012 @ 08:19
The share price of Tower Resources (
LSE:TRP) took a 12% leap upward today following the release of its first half results and the release of an update on its Namibia offshore licence 0010. The 0.35 pence increase drove the share price to 3.28 by 12:30pm UTC. Mid-Year Results The emphasis in the first half report […]
Jul 27 2012 @ 08:54
When a footballer scores a single goal in a game, it may not seem like a big deal, but when he scores a single goal in every game, that is quite a different story! The same is true in the stock market. Risk specialist and employee benefits consultant Jardine Lloyd Thompson (
LSE:JLT) reported an 11% […]
Jul 26 2012 @ 08:41
Investors responded fairly well to Lloyds Banking Group’s (
LSE:LLOY) first half report, even though the company reported a net loss of £676 million. Share price was up 0.32 pence to 29.60 by 1:00 pm, having peaked at 29.86 at the noon hour. No Magic Wands With the problems facing the banking sector in general and […]
Jul 25 2012 @ 06:45
Shares of Russian gold mining group, Petropavlovsk (
LSE:POG), gained 32.90p, increase of 8.64%, to 413.80 by mid-morning today on the London Stock Exchange. Investors were apparently happy with the company’s half-year Trading Update released this morning. Sometimes All that’s Gold Doesn’t Glitter The company’s share price has been in a slump, as have other commodity […]