Gulf Keystone Petroleum have just announced, “Gulf Keystone Petroleum Limited (“Gulf Keystone” or the “Company”) announces that Todd Kozel has decided to stand down from the Board of Directors of the Company and not to accept the previously announced role of Executive Director upon retiring as Chief Executive Officer.

African focused oil explorer and FTSE 100 constituent, Tullow oil, isn’t having much luck recently and as a result its shares are languishing at £7.69, just over their 52 week low.

After several months of talks it seems that the deal for US tobacco giant Reynolds to buy fellow tobacco company Lorillard is on the verge of going through in a $56 billion combination. Reynolds is the number two player in the US, whilst Lorillard is third.

The US Securities and Exchange Commission (SEC) has finally suspended trading in an obscure company called CYNK Technology today. CYNK has risen an astounding 36,000% at one point since mid-June this year on hype and media speculation making it a $6 billion company at its peak share price.

This chart is circulating on Twitter and its pretty interesting comparing the long term performance of the investment greats.

Back in late 2012, the shares of online grocer Ocado were trading at an all time low of 56p as shorters targeted the company in a big way after profitability continued to be elusive after the company launched selling Waitrose products. Morrisons’ market share fell to 10.9% from 11.7% last year, while Tesco’s market share dropped to 28.9% from 30.3%.

The end of last week proved to be rather a profitable period of shareholders in Gulf Keystone Petroleum with the shares rising 15% on Friday and 27% for the week.

Shares in the Kurdistan focused oil explorers, Gulf Keystone Petroleum (GKP) and Genel Energy were hit today after the Islamist militant group, ISIS (Islamic State of Iraq), took over Mosul, Iraq’s second biggest city and triggered fears of a break up of Iraq with outright civil war between Jihadists and other groups.

On 26th March 2012, the games console company, Game Group entered administration, another casualty on the British high street which hit landlords hard. It was purchased by Baker Acquisitions, a subsidiary of OpCapita the following week.

Shares in online fashion retailer, ASOS, targeting the “twentysomethings” dropped as much as 42% first thing this morning and are now trading down over 31% to £31.22 after a profits warning caused by weaker than expected international sales and continued problems in China.