IG Group offers "deep value", says Shore Capital

14th Mar 2024 12:33

(Sharecast News) - IG Group's share price advanced on Thursday as the market gave a positive reaction to the firm's third-quarter update and the departure of its chief financial officer and chief operating officer, with broker Shore Capital providing an extra lift by saying the stock offers "deep value".

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IG Group announces exit of CFO and COO

14th Mar 2024 07:47

(Sharecast News) - Online trading platform IG Group has reported stable revenues in the third quarter as it announced the resignation of both its chief financial officer and chief operating officer, just two months after the appointment of a new chief executive.

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London close: Stocks turn green after US GDP release

25th Jan 2024 15:13

(Sharecast News) - Stocks in London had turned higher by the close on Thursday, as investors digested a better-than-expected GDP reading out of the United States.

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IG Group interim revenues fall amid softer market conditions

25th Jan 2024 07:48

(Sharecast News) - Online trading platform IG Group reported a drop in interim revenues and profits on Thursday, citing "softer market conditions" and a strong comparative period.

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London close: Stocks firmer as US payrolls beat forecasts

8th Dec 2023 17:42

(Sharecast News) - London's financial markets closed positively on Friday as investors digested the latest non-farm payrolls report out of the United States.

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IG Group appoints Breon Corcoran as CEO

8th Dec 2023 07:19

(Sharecast News) - Online trading platform IG Group said on Friday that it has appointed Breon Corcoran as its new chief executive officer.

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London close: Stocks finish mixed, Rolls-Royce jumps on upgrade

31st Oct 2023 15:41

(Sharecast News) - London's stock markets saw a mixed performance on Tuesday, with Rolls-Royce recording solid gains after a rating upgrade, while BP fell on disappointing third-quarter numbers.

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IG Group to cut 10% of workforce

31st Oct 2023 07:17

(Sharecast News) - IG Group said on Tuesday that it was planning to cut around 10% of its worldwide workforce as it looks to cut costs and streamline the business.

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Broker tips: Rio Tinto, Anglo American, Entain, IG

14th Sep 2023 14:54

(Sharecast News) - JP Morgan upgraded its rating for Rio Tinto and raised target prices across the iron ore sector after turning more positive on the outlook for iron ore prices.

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IG Group puts in "resilient" Q1 performance, says Shore Capital

14th Sep 2023 08:30

(Sharecast News) - Shore Capital has reiterated its 'buy' recommendation for shares of IG Group after the online trading platform's "resilient" first-quarter performance, estimating a big share-price recovery.

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IG Group posts small uptick in Q1 revenue

14th Sep 2023 07:40

(Sharecast News) - Online trading platform IG Group posted just a small uptick in first-quarter revenue on Thursday as lower volatility dented trading volumes, but said it remains confident of achieving its medium-term targets.

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IG Group CEO stepping down due to ill health

29th Aug 2023 07:26

(Sharecast News) - IG Group said chief executive June Felix would step down at the end of September due to ill health.

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Director dealings: WPP non-exec invests, IG board members exercise options and sell

7th Aug 2023 11:17

(Sharecast News) - Advertising giant WPP was on the list of director buys on Monday, after a non-executive director picked up 4,000 shares.

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IG sees revenues jump on higher interest rates

20th Jul 2023 09:56

(Sharecast News) - IG Group Holdings upped its dividend on Thursday after the online trading platform posted record revenues of more than £1bn.

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IG Group CEO to take short period of medical leave

3rd Jul 2023 07:03

(Sharecast News) - IG Group said chief executive June Felix is taking a short period of medical leave from the business.

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