Capita signs contract with Carphone Warehouse
6th Feb 2013 15:58
Outsourcing giant Capita has signed a contract with Carphone Warehouse to support all aspects of its customer service strategy, and will provide all non-store customer contact in a number of different areas across the business. The contract, which is worth around £160m over 10 years, is expected t
Read moreLondon close: FTSE 100 edges closer to 6,300 after recent strong run
28th Jan 2013 16:58
Improving newsflow in China and some better-than-expected economic data from the US helped the FTSE 100 come close to the 6,300 barrier on Monday, a level not seen since mid-2008. "What seems to be an unrelenting grind higher has continued today, with fund manager's chatter of the big rotation bein
Read moreFTSE 100 movers: Banks rise as miners head lower
28th Jan 2013 14:58
Banks were putting in a solid performance on Monday after Goldman Sachs raised target prices across the sector, led by the likes of Aberdeen Asset Management and Barclays, and offsetting declines in the mining sector. BAE Systems was higher after Societe Generale moved target price from 310p to 35
Read moreLondon midday: Markets trading within narrow range
28th Jan 2013 11:33
London's benchmark index, the FTSE 100, was pausing for a breather on Monday morning with markets cautious ahead of a busy week. The index was trading within a narrow range over the course of the morning, with just 10 points separating its intraday high (6,289) and low (6,279). Economic data from
Read moreCapita offers educational support services to UK schools
20th Dec 2012 10:04
Capita has signed a contract with Staffordshire County Council to provide educational support services to schools and academics in England's West Midlands region. The FTSE 100 business process outsourcing company has joined forces with the council to offer education faculties in Staffordshire a ra
Read moreDeparting Xstrata CFO sells hefty chunk of shares post-exercise
6th Dec 2012 16:23
Trevor Reid, the soon-to-depart Chief Financial Officer of mining group Xstrata, has traded in 1.44m shares after deciding not to take up the equivalent of his current position at the enlarged company following the merger with Glencore International. Reid, who sold the shares post-exercise, dispos
Read moreFriday broker round-up UPDATE
30th Nov 2012 07:24
Aggreko: Berenberg initiates with a target price of 2010p and a hold recommendation. APR Energy: Berenberg starts with a target price of 610p and a sell recommendation. Babcock International Group: Berenberg initiates with a target price of 1180p and a buy recommendation. Barclays: UBS raises tar
Read moreWednesday broker round-up UPDATE
28th Nov 2012 07:26
ARM Holdings: Barclays Capital raises target price from 750p to 820p, overweight rating kept. Assura Group: Oriel Securities starts with an add recommendation. Espirito Santo moves target price from 37p to 37.50p, buy recommendation unchanged. Britvic: Deutsche Bank raises target price from 370p t
Read moreLondon close: Markets pare gains as investors digest Greek deal
27th Nov 2012 16:39
- Europe grants Greece more aid - OECD cuts growth estimates - Footsie comes off day's highs by the close After a solid start for the Footsie following last night's Greek bailout deal, gains were pared by the close of trade on Tuesday with some saying that the agreement just kicks the can down the
Read moreFTSE 100 movers: Banks give FTSE boost
27th Nov 2012 15:21
Banking peers Royal Bank of Scotland, Lloyds and Barclays were registering decent gains as investors built positions in 'riskier' assets. RBS was benefitting this morning from an rating upgrade by UBS to 'buy'. Meanwhile, Barclays Capital raised its target price for both RBS and Lloyds, helping prov
Read moreCapita preferred bidder in education joint venture
27th Nov 2012 15:02
Outsourcing giant Capita said it was preferred bidder for an educational support services joint venture with Staffordshire County Council. The joint venture, in which Capita will hold a majority stake, will initially deliver a range of educational support services for schools and academies in the S
Read moreTuesday broker round-up UPDATE
27th Nov 2012 07:19
Aberdeen Asset Management: Citigroup raises target price from 320p to 345p and downgrades to neutral. JP Morgan raises target price from 330p to 414p, overweight rating unchanged. Credit Suisse moves target price from 323p to 380p, outperform rating kept. Exane BNP Paribas raises target price from 3
Read moreTuesday newspaper round-up: Greece, ArcelorMittal, Credit Suisse...
27th Nov 2012 06:50
After two false starts in as many weeks, international lenders on Tuesday reached a deal to overhaul Greece's faltering bailout programme and release a long-delayed 34.4bn-euro aid payment by agreeing to a series of measures that could relieve Greece of billions of euros in debt by the end of the de
Read moreCapita is preferred bidder for 320m pound contract
22nd Nov 2012 11:38
Capitahas been selected as the preferred bidder to develop the London Borough of Barnet's new support and customer service organisation. The contract is expected to be worth about £320m over 10 years and would begin in April 2013. "Preferred bidder" status means that officers of the council have
Read moreCapita wins another PIP contract
21st Nov 2012 12:32
Outsourcing giant Capita has signed a deal with the Northern Ireland Social Security Agency under which it will provide the organisation with assessments for country's new personal independence payment (PIP). Under the £65m contract, Capita will make assessments of new claiments of PIP, as well as
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