LSE Market News

It’s as if regulatory authorities in the United States cannot get enough of the British financial giant, Barclays plc (LSE:BARC), that after having fined the bank as much as £290 million for fixing the London Inter-Bank Offer Rates (LIBOR) and went to investigate major banks all over the world for the same, two new investigations […]

I first recommended AIM listed gold producer, Archipelago Resources (LSE:AR.) back in December 2004 at 27.5p on t1ps.com, the website I founded in my bedroom 12 years ago and edited until September this year. At 62p today it has not been a bad share tip. However third quarter ( to September 30th)  numbers out today […]

Australian and South East Asia regional airline Skywest (LSE:SKYW) has announced that ASX-listed Virgin Australia has proposed, subject to conditions including regulatory and Skywest shareholder approval, an Australian$0.4688 (AUD$0.225 cash and 0.53 Virgin Australia shares) per Skywest share takeover offer. Those who followed my original share tip on this one from t1ps.com the website I...

UBS (SIX:UBSN) proved this morning that the banking crisis is not over, announcing that it would be cutting another 10,000 jobs  worldwide by 2015.  Apparently the cuts are starting immediately. Although the company has denied the reports, it is alleged that some workers were unable to gain access to the bank with their electronic passes […]

The final count is in. Two months after the dramatic events at South Africa’s Rustenburg mining district sparked a series of labour unrest across the country’s mining sector, the firm where it all began – the world’s third largest platinum producer Lonmin plc (LSE:LMI) –  has released its full year production report that includes the last quarter […]

UK oil giant, BP plc (LSE:BP.), is nearing its target to break out of the financial burden from the horrid Gulf of Mexico oil spill that has damaged not just the company’s image but its balance sheet, but the legal battle over BP’s accountability in the largest oil spill in history is still on and […]

I recommended shares in Town Centre Securities (LSE:TCSC) – a Leeds-based northern property investor and developer – in April 2010 at 148.75p on t1ps.com the site I founded 12 years ago and ran until this September. The company has since paid out 20.88p in dividends and the shares currently trade at 184p – so this […]

Despite overtures from News Corp over the weekend Pearson PLC (LSE:PSON) announced the betrothal of its daughter, Penguin Group, to Random House, the son of German publisher Bertelsmann SE.  The marriage is expected to take place in September 2013, but a precise date has not been set. According to the pre-nuptual agreement, the couple will […]

Two nights before its Managing Director presents the company at a dinner with investors, brokers, and analysts, Ariana Resources plc (LSE:AAU) said its flaghship Red Rabbit Gold Project in Turkey exhibits “highly attractive economic fundamentals” capable of providing the company multi-million dollar revenue, for the whole life of the mine. Following an interim feasibility study, […]

Last week the publishing industry was all a dither over the possibility that Pearson PLC (LSE:PSON) was in discussions with Germany’s Bertelsmann regarding mating its Penguin Books division with Bertelsmann’s Random House division.  Analysts were generally viewing the potential merger with as a boon for investors, generally seeing the combining of two of the five […]