LSE Market News

I believe that if you’ve got a niche, you should scratch it.  That is exactly what specialty pharmaceutical Clinigen has done, and it seems to be working out quite nicely.  The relative newcomer to the London Stock Exchange (25 September 2012), witnessed a 10.9% jump in its share price following release of its interim results […]

Pumps and valves provider to the oil and gas, mining, and energy sectors, Weir Group (LSE:WEIR), beat market expectations after ending 2012 with annual profits beyond market consensus, pushing shares up on the London Stock Exchange on Wednesday. The FTSE 100 engineering firm gained as much as 5.5% to £22.84 by 13:00 GMT, following the […]

The British economy grew more than expected, updated figures from the UK’s Office for National Statistics (ONS) revealed earlier today. In its report, ONS showed UK’s gross domestic product increased by 0.3% in 2012 instead of the flat growth previously anticipated backed by a rise in output in the construction industry. UK’s quarterly performance had […]

Fully listed Russian Oil producer Ruspetro (LSE:RPO) first came to my attention when it issued a disastrous profits warning at 6.3 PM on the Friday of New Year week. It thought no-one would notice? I did. Coming just six weeks after an upbeat trading statement that RNS was a horror. Then there was the announcement […]

Oh dear oh dear oh dear. Will I get sued for libel for saying that Pursuit Dynamics is a shambles and that those who organised a £5.4 million placing at 3p in December have a few questions to answer? Well hell’s teeth, Cenkos Securities please join the queue if you are offended. The company has […]

AIM-listed Rare Earth Global Limited (LSE:REG) did not meet market expectations and will report a loss for the year ended 2012, the China-focused miner, refiner, and trader of rare earth elements forewarned today ahead of the preliminary results to be reported in May. REG sustained more losses in the second half of 2012 after the […]

“Good morning, Holmes.  Anything interesting in the news today?” “Yes, in fact, Dr. Watson there is.” “What is it, Holmes?  Are you not going to tell me?  Must I guess?” At this point, Holmes handed the disheveled paper to Dr. Watson and said with a sigh, “It’s Elementis, my dear Watson.  It’s Elementis.” Holmes had […]

Ratings agency Standard & Poor’s said late Monday Rio Tinto plc’s (LSE:RIO) debt may further rise in the current year and the next unless the diversified global miner sells off large assets or iron ore price stabilises at a certain price, pushing the London-listed firm’s shares down on Tuesday. S&P revised its outlook from stable […]

Italian election leaves inconclusive result causing sharp market falls European markets have opened to falls following an inconclusive result in the Italian elections, with the Frankfurt and Paris exchanges falling by over 2%. Closing whilst election results were being announced New York’s Dow Jones Industrial Average fell by 1.55%. By late morning trading Europe’s major […]

Increasing pressure on UK Chancellor after Moody’s downgrade and sterling concern. The UK’s senior economics minister George Osborne has said the government will “redouble its efforts” to reduce the country’s debts after rating’s agency Moody’s downgrade the UK from AAA to Aa1. Speaking in a House of Commons debate Mr Osborne argued that the rating […]