26th Jul 2018 11:25
(Sharecast News) - Intermediate Capital Group (ICG) on Thursday reported a strong first quarter, with success driven by increases in the firm's assets under management (AUM) and four prospective new deals.
Read more31st Jan 2017 07:41
(ShareCast News) - Intermediate Capital published a trading statement for the three months to 31 December on Tuesday, with total assets under management up 3% to €22.6bn in the quarter. The FTSE 250 company reported €0.6bn of new third party money raised in the three months, with third party fee-e
Read more15th Nov 2016 16:00
(ShareCast News) - The FTSE 250 index was on the up again on Tuesday, rising almost 0.5% to over 17,550 by mid-afternoon as oil-related stocks inflated on hopes of more oil price gains. Oil service companies Petrofac and Wood Group were among the top risers, with engineer Amec Foster Wheeler a
Read more15th Nov 2016 08:11
(ShareCast News) - Intermediate Capital Group said first half pre-tax profits rose to £126.2m from £93.9m, driven by a strong period of capital gains as it said it would implement a progressive dividend policy. The FTSE 250-listed asset manager said fund management profits were up 17% to £34m, with
Read more30th Sep 2016 10:06
(ShareCast News) - Vodafone: UBS reiterates buy with a target price of 310p. British Land: HSBC reiterantes buy, 738p target. Ophir Energy: Deutsche Bank keeps at neutral with a 95p target. Homeserve: UBS reiterates neutral with a 610p target. Intercontinental Hotels: Credit Suisse keeps at outpe
Read more21st Jul 2016 11:38
(ShareCast News) - Intermediate Capital Group said assets under management had jumped 1% to €21.9bn in the quarter to 30 June as as it raise €800bn in new third party money. IGC said it was we are well placed to deal with the uncertainty caused by the UK's vote to leave the European Union, but warne
Read more24th Jun 2016 16:32
(ShareCast News) - Norges Bank notified markets on Friday that it had sold 115,616 shares in specialist asset manager Intermediate Capital Group, taking its stake below the 3.0% threshold. As of 16:31 BST shares in ICG were 13.18% lower to 540.0p.
Read more6th Apr 2016 12:52
(ShareCast News) - Intermediate Capital Group has made an offer to acquire a large share of oil market data provider Argus Media, according to reports. The FTSE 250 listed specialist asset manager, where chairman Justin Dowley is stepping down in July after six years in the role, has offered to buy
Read more31st Mar 2016 13:40
(ShareCast News) - Royal Mail: Jefferies reiterates underperform with a target price of 400p. Hilton Food Group: Numis reiterates buy, 630p target, Panmure Gordon stays at buy with a target price of 625p and Shore keeps at buy. Michael Page: Goldman Sachs maintains buy with a target price of 620p.
Read more11th Feb 2016 10:03
(ShareCast News) - Intermediate Capital's current senior independent director Kevin Parry will succeed Justin Dowley as chairman when he retires from the board on 21 July after six years in the role. Meanwhile, Peter Gibbs will replace Parry as senior independent director, and a search is underway f
Read more27th Jan 2016 11:07
(ShareCast News) - PZ Cussons' balance sheet is looking stretched according to The Telegraph's Questor, prompting the columnist to rate the shares at 'sell' on Wednesday. Foreign exchange hit the FTSE 250 company's half year results, with a small dip in reported revenue and a 3.7% drop in profit bef
Read more26th Jan 2016 08:02
(ShareCast News) - Intermediate Capital Group was reporting strong forward momentum on Tuesday morning, updating the market on its recent trading activities. The FTSE 250 firm reported strong fundraising inflows for the nine months to 31 December 2015, at €4.7bn (£3.6bn), though it said the pace of
Read more19th Jan 2016 13:58
(ShareCast News) - Liberum removed Anglo American from its 'conviction sell' list on Tuesday as it revised its conviction buys and sells for 2016. The brokerage noted the shares have tumbled 85% since it added the miner to its conviction sell list back in May 2014. It said the value of the business
Read more23rd Dec 2015 08:02
(ShareCast News) - Specialist asset manager Intermediate Capital Group has acquired the Graphite Capital Management LLP's private equity funds investment business for a consideration of around £20m, subject to regulatory approval. The business is responsible for managing and investing the Graphite E
Read more2nd Oct 2015 12:30
(ShareCast News) - Kathryn Purves will succeed Kevin Parry as the chairman of Intermediate Capital Group's risk committee, the investment firm said on Friday. In a short statement, the FTSE 250 group said Purves will step into her new role on 10 November, while Parry will continue to serve as a memb
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