CMC Markets sees FY operating income at top end of guidance

27th Mar 2024 07:35

(Sharecast News) - CMC Markets said on Wednesday that FY 2024 net operating income was set to exceed the top end of the previously-guided range of £290m to £310m as positive momentum continued into the fourth quarter after a strong performance in Q3.

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London close: Stocks turn lower on renewed interest rate concerns

5th Feb 2024 16:22

(Sharecast News) - London's financial markets had turned negative by the close of trading on Monday, after better-than-expected UK services data was offset by a downward revision in service activity in the United States.

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CMC Markets to cut 200 jobs by streamlining support roles

5th Feb 2024 07:05

(Sharecast News) - Spreadbetting and CFD trading group CMC Markets is to cut 200 jobs following a cost-cutting programme expected to save £21m.

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Broker tips: Segro, Sage, CMC Markets

22nd Jan 2024 14:32

(Sharecast News) - Citi upgraded Segro on Monday to 'buy' from 'neutral', saying it estimates that as rates decline, the risk to its previous estimates of deep recession rent declines reverses and it now expects growth.

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CMC Markets' share-price rally isn't done yet, says RBC

22nd Jan 2024 08:40

(Sharecast News) - RBC Capital Markets said it sees further upside at CMC Markets despite a near-50% jump in the stock over the past two months following a positive trading update from the online trading company.

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London close: Stocks manage positive finish after mixed session

8th Jan 2024 16:38

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

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CMC Markets lifts FY net operating income guidance after strong Q3

8th Jan 2024 07:53

(Sharecast News) - Online trading platform CMC Markets lifted its full-year net operating income guidance on Monday as it hailed a strong performance in the third quarter.

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CMC Markets swings to interim loss

16th Nov 2023 09:14

(Sharecast News) - Online trading platform CMC Markets said on Thursday that it swung to an interim loss in a "tough" market environment.

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RBC Capital cuts CMC Markets price target after profit warning

8th Sep 2023 07:27

(Sharecast News) - RBC Capital Markets cut its price target on CMC Markets on Friday to 140p from 250p as it reduced estimates following the FY24 profit warning.

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CMC Markets appoints Albert Soleiman as CFO

4th Sep 2023 07:01

(Sharecast News) - Online trading platform CMC Markets said it had appointed Albert Soleiman as chief financial officer, replacing Euan Marshall, who has retired from the board.

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CMC Markets warns on net operating income

25th Aug 2023 07:12

(Sharecast News) - Financial trading platform CMC Markets said annual net operating income would be lower than last year as revenues continued to fall in a "challenging" environment.

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CMC Markets net operating income to be in line with last year

27th Jul 2023 08:24

(Sharecast News) - Online trading group CMC Markets said on Thursday that its performance in the first quarter was as expected and that net operating income is set to be at a similar run rate to last year.

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CMC Markets CFO Marshall resigns

7th Jul 2023 07:59

(Sharecast News) - CMC Markets said on Friday that chief financial officer Euan Marshall has resigned with effect from January 2024, to assume the position of CFO at IntegraFin.

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CMC Markets operating income jumps, outlook cloudier

13th Jun 2023 07:15

(Sharecast News) - Online trading and investment provider CMC Markets reported a new record high in net operating income outside of the Covid-19 pandemic period in its full-year results on Tuesday, in line with the guidance provided.

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CMC Markets buys 33% stake in StrikeX Technologies

9th Jun 2023 07:49

(Sharecast News) - CMC Markets said on Friday that it has bought a 33% stake in StrikeX Technologies, a customer centric blockchain solutions business.

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