Fidessa fattens up dividend as soft pound boosts sales
13th Feb 2017 07:09
(ShareCast News) - With profits strongly boosted by the weak pound, Fidessa declared both a final and a special dividend as the financial software group said the increased headwinds in its markets during the second half of the year had already begun to reduce. For the calendar year, there FTSE 250 g
Read moreBrexit not a big concern for Fidessa
27th Oct 2016 09:50
(ShareCast News) - Trading, investment management and information solutions provider Fidessa Group posted its interim management statement on Thursday, for the period since 1 July. The FTSE 250 firm said that while it continued to see "structural and regulatory drivers" within the market, it was als
Read moreDirectors dealings: LondonMetric directors sell as quarterly dividend declared
24th Aug 2016 17:55
(ShareCast News) - LondonMetric Property directors sold more than £1.5m-worth of shares in the company, which on Wednesday declared a first quarterly interim dividend of 1.8p a share. The ex-dividend date was 1 September, with the record date being 2 September and the dividend payment date diaried f
Read moreBroker tips: DMGT, Anglo American, Fidessa
1st Aug 2016 10:14
(ShareCast News) - Daily Mail General Trust's (DMGT) 'hold' rating was left unchanged and its target price was lowered to 700p from 732p by Canaccord Genuity on Monday. Canaccord said while the DMGT's third quarter trading update last week "struck a more upbeat tone" the broker remains cautious on t
Read moreNumis cuts Fidessa to 'add' from 'buy' on uncertain outlook post Brexit
1st Aug 2016 08:52
(ShareCast News) - Numis cut its rating on Fidessa Group to 'add' from 'buy' on Monday and raised the target price to 2870p from 2800p after the company reported its first half results. The group, which supplies trading systems to the financial services sector, reported a 14% increase in pre-tax pro
Read moreFidessa confident despite Brexit uncertainty
1st Aug 2016 08:30
(ShareCast News) - Fidessa posted its interim results for the six months to 30 June on Monday, with its board describing solid revenue growth, and growth across all business lines and regions. Revenue grew 9% to £158.3m during the period, or 4% at constant currencies, while operating profit rose 15%
Read moreFidessa still confident despite tough market conditions
28th Apr 2016 09:25
(ShareCast News) - Trading, investment management and information solutions company Fidessa Group reported difficult trading conditions in an update to the market on Thursday morning, but nonetheless remained confident in its outlook. The AIM-traded firm said the movements seen in the financial mark
Read moreThursday broker round-up
7th Apr 2016 15:32
(ShareCast News) - Zoopla: UBS downgrades to neutral with a target price of 260p. Caledonia Mining: Panmure Gordon downgrades to hold, 61p target. Burberry: RBC downgrades underperform with a target price of 1300p, JP Morgan reiterates neutral with a target of 1400p and UBS keeps at buy with a targ
Read moreFidessa shares jump on takeover chatter
31st Mar 2016 13:03
(ShareCast News) - Software and services firm Fidessa rallied on Thursday, with traders pointing to talk in FT Alphaville of a US private equity bid for the London-listed firm. At 1300 BST, Fidessa shares were up 3.1% to 2,499p.
Read moreTuesday broker round-up
16th Feb 2016 17:53
(ShareCast News) - Mattioli Woods: Canaccord upgrades to buy,640p target and N+1 Singer upgrades to buy with a target of 630p. Connect Group: Shore Capital upgrades to buy. Servelec: invetec reiterates buy with a target of 400p and N+1 Singer keeps at buy, 360p target. Acacia Mining: JP Morgan sta
Read moreMonday broker round-up
15th Feb 2016 18:27
(ShareCast News) - Hargreaves Lansdown: Shore Capital upgrades to buy. Antofagasta: Peel Hunt Limited downgrades to hold with a target price of 425p. Atkins: Citigroup upgrades to neutral with a target of 1160p, from 1120p. Hays: HSBC upgrades to buy with a 155p target. IAG: Bank of America upgra
Read moreDirector dealing: Shire board shell out
15th Feb 2016 15:13
(ShareCast News) - With Shire shares almost £20 short of last year's all-time high, the drug developer's chairwoman, chief executive and a clutch of senior directors have splashed some cash to show what they think of the valuation. Seven board members put their money where their mouths were, having
Read moreFTSE 250 movers: Fidessa and pub companies lead rise
15th Feb 2016 13:04
(ShareCast News) - UK midcaps were chasing their blue chip brethren higher on Monday as bargain hunters regained confidence. By late afternoon the FTSE 250 was 1.9% higher at 15,725.05. Enterprise Inns frothed higher after investors took courage from chairman Robert Walker shelling out just over £50
Read moreLondon open: Stocks jump after China sets higher value for the yuan
15th Feb 2016 08:20
(ShareCast News) - Stocks jumped out of the gate after China's central bank set a higher daily reference value for the country's currency, with central bank chief Zhou Xiaochuan talking about the need for patience in balancing reform, growth and stability, as well as China's need to remain a respons
Read moreFidessa full year profit flat but revenue edges up
15th Feb 2016 07:38
(ShareCast News) - Fidessa confirmed its dividends as it posted flat pre-tax profit but a rise in revenue, as it continues with its investment programme. In its preliminary results for the year to the end of December, Fidessa reported flat pre-tax profit of £39.1m, although revenue rose 7% to £295.5
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