Capita Buys Back 92,882 Own Shares
26th Jul 2010 08:27
LONDON (Dow Jones)--The Capita Group PLC (CPI.LN), said Monday that it purchased 92,882 ordinary shares in the company on July 23, at a price of 735.04 pence per share, and said the purchased shares will be held as Treasury shares. MAIN FACTS: -Following the above purchase the company holds
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
26th Jul 2010 07:55
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0655 GMT [Dow Jones] Bank of America Merrill Lynch raises Capita Group (CPI.LN) to buy from neutral. "We expect Capita to win
Read moreMARKET TALK: BofA Merrill Ups Capita Group To Buy
26th Jul 2010 07:55
0655 GMT [Dow Jones] Bank of America Merrill Lynch raises Capita Group (CPI.LN) to buy from neutral. "We expect Capita to win more big ticket contracts over the next 12 months which, coupled with less run-off, should drive an improvement in organic growth over 2011/12," says brokerage. Adds that Cap
Read moreMARKET TALK: UBS Lowers Capita Group Price Target
23rd Jul 2010 10:25
0925 GMT [Dow Jones] UBS lowers Capita Group (CPI.LN) price target to 700p from 750p following weaker revenue in the 1H '10 results. Says transactional parts of public sector business could suffer from further pressure in the short-term. Says, "the company has little certainty on contract wins and p
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
23rd Jul 2010 10:25
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0925 GMT [Dow Jones] UBS lowers Capita Group (CPI.LN) price target to 700p from 750p following weaker revenue in the 1H '1
Read moreCapita Group Buys Back 100,000 Shares At 737.5P For Treasury
23rd Jul 2010 07:58
LONDON (Dow Jones)--Capita Group PLC (CPI.LN), the support services company, said Friday that it purchased 100,000 of its ordinary shares on July 22 at 737.50 pence per share which will be held as Treasury shares. -Shares closed Thursday at 737 pence valuing the company at GBP4.54 billion.
Read moreFriday tips round-up: Capita, Kingfisher, Tate & Lyle
23rd Jul 2010 06:44
Yesterday's interim results from Capita provided fuel for the bulls. The company reported the strongest bid pipeline for many years - up 47%, compared with the same point last year, to £4.4bn. The interim numbers were in line with City expectations on the revenue front - but profits were ahead of f
Read moreLondon close: Footsie back above 5,300
22nd Jul 2010 16:39
London rose again to climb above 5,300 and close at its highest for over two months. A strong start on Wall Street got the afternoon session off to a good start, with buyers staying interested right to the end of the trading day. Rolls-Royce was best performer, on the back of the orders placed at t
Read moreLondon afternoon: Advance stalls
22nd Jul 2010 14:28
Shares moved sideways over the lunch-time session with investors keeping their powder dry ahead of day two of US Federal Reserve Chairman Ben Bernanke's testimony in the US Senate. Yesterday the Fed chairman's downbeat comments stopped a Wall Street rise in its tracks. Outsourcing giant Capita is s
Read moreLondon midday: Morning ends on a high
22nd Jul 2010 12:11
Better than expected UK retail sales gave equities a mid-morning boost and the FTSE 100 index finished the morning session close to its highest point of the day so far. Britons building up supplies for last month's World Cup, the good weather and further discounting had retail sales up smartly in J
Read moreMARKET TALK: Evolution Upgrades Capita Group To Buy
22nd Jul 2010 12:02
1102 GMT [Dow Jones] Evolution upgrades Capita Group (CPI.LN) to buy from add after reporting its strongest bid pipeline for years. The bid pipeline is up 47% year-on-year and 19% sequentially, according to the company's interim results. As a result, Evolution thinks focusing on Capita cautioning t
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING -2-
22nd Jul 2010 12:02
0658 GMT [Dow Jones] HSI reverses morning's losses (intraday low 20,384.73), +0.1% at 20,514.99, as A-shares again come to rescue, with Shanghai Composite last +0.9%. Taifook Securities says A-shares "ripe for bottom-fishing," tips HK-listed mainland index-linked exchange traded funds or ETFs offer
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
22nd Jul 2010 12:02
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1102 GMT [Dow Jones] Evolution upgrades Capita Group (CPI.LN) to buy from add after reporting its strongest bid pipeline
Read moreUPDATE: Capita Cautions Of Short-Term Growth But Still Upbeat
22nd Jul 2010 11:56
(Adds comment and detail.) By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Capita Group PLC (CPI.LN), the U.K.'s largest provider of business services, on Thursday reported a 15% increase in first-half pretax profit and said that it is well placed to continue growing, but cau
Read moreINTERVIEW: Capita CEO Expects Slowdown From UK Govt Cuts
22nd Jul 2010 09:48
By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Capita Group PLC (CPI.LN), the U.K.'s largest support services provider, is preparing for spending cuts by the British government that will hit the business in the short term, but Chief Executive Paul Pindar told Dow Jones Newswires
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