Burford Capital nets almost ?300m for new fund
8th Apr 2019 16:13
(Sharecast News) - Burford Capital on Monday closed its new law focused Burford Alternative Income Fund LP (BAIF) after having raised £297.3m.
Read moreWednesday broker round-up
13th Mar 2019 12:52
(Sharecast News) - IAG: RBC Capital Markets upgrades to outperform with a target price of 650p.
Read moreBurford Capital unveils record profits; shares rally
13th Mar 2019 12:45
(Sharecast News) - Litigation funder Burford Capital - AIM's biggest company - saw profits rocket by nearly a quarter last year following a "sea change" in the legal market.
Read moreFriday broker round-up
25th Jan 2019 13:21
(Sharecast News) - Fresnillo: UBS upgrades to buy with a target price of 1,100p.
Read moreBurford Capital reveals funding structure for $1.6bn investment round
19th Dec 2018 15:45
(Sharecast News) - Finance and investment management firm Burford Capital announced the structuring of new funding arrangements on Wednesday, to facilitate its next $1.6bn in litigation finance investments.
Read moreWednesday broker round-up
25th Jul 2018 13:57
(Sharecast News) - Unite Group: Numis downgrades to hold with a target price of 900p.
Read moreBurford Capital shares soar as income jumps 17%
25th Jul 2018 11:06
(Sharecast News) - Law-focused finance and investment management firm Burford Capital saw its shares boosted on Wednesday after reporting substantial income and profit increases.
Read moreBurford to buy rival GKC for £160m
14th Dec 2016 08:22
(ShareCast News) - Shares in legal finance firm Burford Capital soared nearly 12% as it announced it had agreed to buy rival GKC Holdings, a law-focused investment manager, for $160m in cash and loan notes. A further $15m will be paid depending on GKC contributing $100m in income. Of the $160m, $93
Read moreSunday share tips: B&M European Value, Gym Group, Burford Capital, CVS, Joules
3rd Jul 2016 15:51
(ShareCast News) - Buy shares in B&M European Value Retail said the Sunday Times' Inside the City column. As the referendum decision to leave the EU sends the economy into a recession, discounters like B&M should do well. The business model is to attract customers with value groceries and then offer
Read moreDirector dealing: John Laing FD buys ahead of dividend payout
23rd Mar 2016 15:48
(ShareCast News) - John Laing Group finance director Patrick Bourke splashed out £137,000 worth of shares at a price of 228.25p in the infrastructure investor, bumping up his stake as the company bumps up its dividend payouts. As part of results earlier this month, the FTSE 250 group, which floated
Read moreBurford Capital backs lawsuit against Volkswagen
2nd Dec 2015 09:11
(ShareCast News) - Burford Capital has announced it is giving additional funding to law firm Hausfeld to take on Volkswagen AG after the emissions scandal. In September, the German car giant admitted it installed "defeat devices" in millions of diesel vehicles around the world. The devices would de
Read moreBurford Capital sees strong investment return in US litigation portfolio
1st Jun 2015 16:41
Burford Capital said on Monday its US litigation portfolio investments generated $61m in gross cash and profits of $36m. The investments, which cost $25m since 2012, delivered a 144% investment on invested capital and 60% internal rate of return. Chief executive Christopher Bogart said: "We are del
Read moreBurford Capital enjoys strong 2014 with higher operating profits
18th Mar 2015 08:51
Equity investment company Burford Capital said 2014 was a year of robust capital demand with new investments and increasing activity levels. Total income in the group rose 35% to $82m thanks to strong litigation activity levels, while operating profit increased 43% to $60.7m. Profit before tax, acqu
Read moreNew Asos COO picks up £0.5m of shares after results bounce
21st Oct 2014 11:57
Asos'schief operating officer, Nick Beighton, who has been promoted or perhaps demoted from finance director after three profit warnings in the last seven months, increased his skin in the game with a significant share purchase on Wednesday morning after the company unveiled final results. Beighton
Read moreBunford Capital H1 profits up 89%
4th Sep 2014 14:31
Pre-tax profit rose to $18.2m during the first-half compared to $9.7m last year. Income also rose by 40% to $27.4m against $19.5m in June last year. The company saw an 85% increase in income from the litigation portfolio and UK insurance income remain at $10.2m. However, cash and equival
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