Capita extends partnership with Southampton City Council
21st Nov 2013 07:52
Capita, the FTSE 100 support service solutions provider, has extended its 10-year strategic partnership with Southampton City Council by a further five years. The extension, which was the decision of the council, will generate additional revenue to Capita of approximately £124m. The partnership
Read moreWednesday broker round-up UPDATE
20th Nov 2013 08:46
Afren: Liberum Capital raises target price from 197p to 232p and maintains a buy recommendation. AstraZeneca: Berenberg cuts target price from 3472p to 3430p reiterating a hold recommendation. AVEVA Group: Liberum Capital reduces target price from 2350p to 2250p and keeps its hold recommendation.
Read moreLondon close: Stocks rise ahead of FOMC minutes as Aberdeen surges
18th Nov 2013 16:23
- Aberdeen leads financials higher after SWIP purchase - Petrofac plummets on cautious outlook - Fed speculation ramps up ahead of FOMC minutes techMARK 2,653.19 +0.15% FTSE 100 6,723.46 +0.45% FTSE 250 15,290.48 +0.29% UK markets posted decent gains on Monday with the financial sectors providing
Read moreLondon midday: Aberdeen, financials lead markets higher
18th Nov 2013 11:34
- Aberdeen rockets after acquisition of SWIP, results - Petrofac plummets after cautious guidance - FOMC minutes and China reforms in focus techMARK 2,647.58 -0.06% FTSE 100 6,721.15 +0.41% FTSE 250 15,272.88 +0.17% After a subdued start, UK markets pushed into positive territory by Monday lunchti
Read moreMonday newspaper round-up: BBA, Tesco, Severn Trent
18th Nov 2013 10:05
The British Bankers' Association (BBA) has warned Chancellor George Osborne that the lack of an end date to his flagship Help to Buy programme could cause serious distortion in the housing market, The Daily Telegraph has learned. Tesco has been accused of carrying its rubbish in food trucks to cut
Read moreLondon open: Stocks slip ahead of quiet day
18th Nov 2013 08:23
- Quiet day on the macro front - Capita, Severn Trent fall after CEO exits - Aberdeen jumps after annual results, acquisition - Petrofac slumps on cautious guidance techMARK 2,636.54 -0.48% FTSE 100 6,682.77 -0.16% FTSE 250 15,223.14 -0.15% Markets opened slightly lower on Monday morning as invest
Read moreLondon pre-open: FTSE to inch lower in early trade
18th Nov 2013 07:27
City sources predict the FTSE 100 will open around eight points lower than Friday's close of 6,693.44, easing off slightly as investors look ahead to Wednesday when the minutes of the latest Federal Reserve policy meeting will be released. On Friday UK stocks ended the session with broadly decent
Read moreCapita Chief Executive hangs up his hat after 26 years
18th Nov 2013 07:18
- Chief Executive Paul Pindar to step down in 2014 - On track to deliver strong growth in 2013 - Secured 2.9bn pounds of new contracts year-to-date FTSE 100 outsourcing group Capita said it is on track to deliver strong growth in 2013 after robust sales and acquisitions made during the period as it
Read moreTuesday newspaper round-up: Cameron, Shadow banks, North Sea
12th Nov 2013 06:18
The government is to forge a "leaner, more efficient state" on a permanent basis, David Cameron has said, as he signalled he had no intention of resuming spending once the structural deficit has been eliminated, a clear change to claims made after the last general election. Cameron said that the gov
Read moreLondon close: Taper concerns hit stocks ahead of Fed minutes
21st Aug 2013 16:50
London's benchmark index dropped one per cent on Wednesday as investors trimmed positions and took cover ahead of the risk event of the week, the minutes of the Federal Open Market Committee (FOMC) meeting due out later this evening. The FTSE 100 ended 62.62 points lower on the day at 6,390.84, a f
Read moreFTSE 100 movers: IHG leads fallers after going ex-div
21st Aug 2013 13:43
Holiday Inn and Crowne Plaza owner InterContinental Hotels Group was a heavy faller on Wednesday, dropping over six per cent after going ex-dividend, meaning that new investors won't be able to get their hands on the company's latest dividend payment. A number of other heavyweight stocks also went
Read moreLondon midday: Ex-div stocks drag FTSE 100 to six-week low
21st Aug 2013 11:33
Markets were sharply lower on Wednesday morning as risk appetite was scaled back ahead of this evening's release of the minutes of the latest Federal Reserve policy meeting. The FTSE 100 was trading as low as 6,400 today in London today; the last time it closed below this level was on July 5th when
Read moreLondon open: FTSE 100 slips as investors await Fed minutes
21st Aug 2013 08:29
The FTSE 100 fell into the red on Wednesday morning, hitting a fresh six-week low as investors nervously awaited the minutes of the latest Federal Reserve meeting. The index dropped 0.5% to around the 6,420 mark early on. The last time the London benchmark closed lower was on July 5th when it finis
Read moreCapita named preferred bidder for MoD contract
20th Aug 2013 12:08
Capita, the FTSE 100 outsourcing giant, has been selected by the Ministry of Justice (MoJ) as preferred bidder for the electronic monitoring and field support services contract and the role of overall services and systems integrator. The group said it expects the contract to generate revenues of ar
Read moreCapita selected to manage UK's 'smart meter' data
14th Aug 2013 11:35
Outsourcing giant Capita has been chosen by the government's Department of Energy and Climate Change (DECC) to manage the data for the 'smart' gas and electricity meters for 30m UK homes. The company, which warned that the decision was still subject to final approvals, said it expected the contrac
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