London close: Stocks finish higher as US inflation tops forecasts

10th Apr 2024 15:00

(Sharecast News) - London's stock markets closed positively on Wednesday, as investors processed a higher-than-anticipated inflation report from the US, while Tesco paced the gains following favourable results.

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Capita extends contract with European telecoms company

10th Apr 2024 07:28

(Sharecast News) - Capita said on Wednesday that it has extended its customer experience contract with a "leading" European integrated telecoms company for two years from January 2024, with an option to extend for a further two years.

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Capita slumps to full-year loss, shares plummet

6th Mar 2024 10:27

(Sharecast News) - Shares in Capita plummeted on Wednesday, after last year's cyberattack helped pushed the outsourcing giant heavily into the red.

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Capita secures £220m contract extension

28th Feb 2024 08:32

(Sharecast News) - Outsourcing company Capita has inked a deal with as much as £220.0m with a "major European telecoms provider".

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London close: Stocks slip as investors brace for US inflation

10th Jan 2024 15:23

(Sharecast News) - London stocks closed with losses on Wednesday, influenced by a pessimistic growth outlook from the World Bank and investors' attention to upcoming US inflation data.

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RBC sees no upside at Capita, cuts to 'sector perform'

10th Jan 2024 09:44

(Sharecast News) - Shares in business process outsourcing provider Capita dropped sharply on Wednesday after analysts at RBC Capital Markets downgraded their rating on the stock, citing a lack of short-term catalysts.

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Capita revenues rise on strong contract wins

14th Dec 2023 07:48

(Sharecast News) - Government contractor Capita reported a rise in revenue as it continued to recover from a cyber attack on its business earlier in the year.

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London close: Stocks finish weaker as commodities drag

4th Dec 2023 15:46

(Sharecast News) - London's equity markets closed lower on Monday as investors kept a watchful eye on upcoming US jobs data, while gold prices surged to record highs.

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Capita offloads stake in government joint venture Fera

4th Dec 2023 07:17

(Sharecast News) - Capita is selling its 75% stake in Fera Science Limited, the joint venture set up eight years ago with the government that specialise in environmental testing, research, and advisory and assurance services.

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London close: Stocks slip ahead of FOMC minutes, Autumn Statement

21st Nov 2023 15:19

(Sharecast News) - London stocks finished in the red on Tuesday as investors examined the latest UK borrowing data ahead of Wednesday's Autumn Statement.

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Capita announces job cuts to save £20m a year

21st Nov 2023 07:08

(Sharecast News) - Business process outsourcing group Capita has announced that it is shedding another 900 jobs by ramping up its cost-saving programme.

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Capita secures £239m contract with the Cabinet Office

20th Nov 2023 08:00

(Sharecast News) - Professional services company Capita said on Monday that it has been selected by the Cabinet Office to manage the Civil Service Pension Scheme.

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Capita signs two new contracts worth £565m

21st Sep 2023 07:39

(Sharecast News) - Outsourcing group Capita said it has signed two new contracts with the UK and Northern Ireland governments worth a combined £565m.

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Director dealings: Capita CFO invests, Ninety One directors linked to trust's purchase

7th Sep 2023 12:15

(Sharecast News) - Capita was at the top of the list of director purchases on Thursday, after its chief financial officer picked up more than half a million shares.

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Shore Capital upgrades Capita to 'buy', sees 50% upside

11th Aug 2023 08:23

(Sharecast News) - The share price of Capita was given a much-needed boost on Friday morning after Shore Capital upgraded its rating on the business process outsourcing company from 'hold' to 'buy'.

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