IG Group sees full-year earnings slightly ahead of views
31st May 2016 07:25
(ShareCast News) - Spreadbetting firm IG Group reported solid trading in the fourth quarter and said earnings for the year are set to be slightly ahead of expectations. In a very brief trading update, the company said it performed well during what was a relatively quiet period in financial markets,
Read moreIG Group third quarter revenue up 18%
22nd Mar 2016 07:51
(ShareCast News) - Online spreadbetting and financial trading firm IG Group Holdings posted an 18% rise in third-quarter revenue and said it was entering the fourth quarter in a strong position. In a trading update for the three months to 29 February, IG said total revenue rose to a record £122m fro
Read moreLondon pre-open: Stocks set to bounce back after raft of Chinese data
19th Jan 2016 07:30
(ShareCast News) - Stocks are set to jump at the start of trading despite the release of a spate of weaker than expected economic data out of the world's second largest economy, China, with economists sounding a relatively optimistic note on the figures. Acting as a backdrop, speaking on Tuesday eve
Read moreIG Group first half profit drops on rising operating costs
19th Jan 2016 07:24
(ShareCast News) - Spreadbetting firm IG Group posted a drop in first half profit despite a jump in revenue, as operating costs rose. For the six months ended 30 November, net trading revenue was up 8.8% at £214.8m and new client numbers were 35% ahead of the previous year. However, pre-tax profit
Read moreIG Group appoints Mark Ward as interim CFO
15th Jan 2016 09:16
(ShareCast News) - Broker IG Group has appointed Mark Ward as interim chief financial officer. Ward is a senior partner at accounting firm Deloitte and for the last three years has led the company's investment management and wealth sector. He is being seconded by Deloitte to IG from 25 January, whi
Read morePeter Hetherington appointed IG Group permanent chief executive
4th Dec 2015 07:39
(ShareCast News) - IG Group has announced that Peter Hetherington has been appointed as the company's permanent chief executive. Hetherington assumed the role of interim CEO in October after the retirement of Tim Howkins. He was previously chief operating officer of the FTSE 250 company and has bee
Read moreIG Group second quarter revenue to be slightly ahead of first
30th Nov 2015 07:41
(ShareCast News) - Spreadbetting and financial firm IG Group said revenue in the second quarter of the financial year would be slightly ahead of the first, although it is too early to predict how the full year will turn out. In a brief trading update for the second quarter, IG said it has performed
Read moreOmbudsman ruling to have million pound impact on IG Group
7th Oct 2015 08:00
(ShareCast News) - IG Group will correct a number of client accounts at a total cost of £1m after a ruling from the Financial Ombudsman Service. The Ombudsman completed its investigation into the FTSE 250 trading company and events surrounding the Swiss franc in January after a complaint from a clie
Read moreVodafone bosses buy company shares after Liberty Global deal called off
29th Sep 2015 15:35
(ShareCast News) - While Liberty Global may have lost interest in a deal with Vodafone, its management team certainly has more of an interest after the CEO and CFO purchased shares in the group. The telecommunications giant announced on Monday that it is no longer in discussions with Liberty Global
Read moreFTSE 250 movers: IG rallies on well-received update, Kaz Minerals tumbles
22nd Sep 2015 15:43
(ShareCast News) - London's FTSE 250 was in the red on Tuesday. At 1600 BST, the index was down 1.9% at 16,569.59, in line with the broader market, as mining stocks took a hit. IG Group was the standout gainer after the trading firm posted an increase in revenue in the first three months of the year
Read moreIG posts increase in quarterly revenue, says full-year results are hard to predict
22nd Sep 2015 08:18
(ShareCast News) - Trading firm IG Group posted an increase in revenue in the first three months of the year, although it warned market volatility had made it harder to predict an outcome for the full year. In the quarter to the end of August, revenue rose 24% year-on-year to £106m, driven higher by
Read moreTuesday preview: AG Barr and IG Group to figure prominently
21st Sep 2015 16:37
(ShareCast News) - A raft of companies are set to update investors on their latest financials on Tuesday, with the latest interim figures from the likes of AG Barr and AA due to be published. Finals from Close Brothers Group alongside trading updates from Dairy Crest and IG Group will also figure pr
Read moreIG Group CFO quits for Hargreaves Lansdown
10th Aug 2015 07:20
(ShareCast News) - IG Group chief financial officer Chris Hill has resigned to move to Hargreaves Lansdown. The resignation comes weeks after Hargreaves Lansdown chief executive Tim Howkins said he would retire after nine years in the job. Hill will replace interim chief financial officer Simon Cl
Read moreLondon pre-open: FTSE 100 tipped to open higher
10th Aug 2015 07:12
(ShareCast News) - City sources predict the FTSE 100 will open 30 points higher than Friday's close of 6,718.49. European equities are set to start with gains this morning, as they par back some of Friday's losses, London Capital Group night dealer Jonathan Sudaria said. "However, despite the posit
Read moreFTSE 250 movers: IG Group buffeted by currency headwinds, miners rebound
21st Jul 2015 14:07
(ShareCast News) - Mid-caps were subdued on Tuesday as strong performances from oil, insurance and technology stocks were offset by losses in the telecommunications, utilities and construction sectors. As of 14:30 BST, the FTSE 250 was trading flat at 17,790. IG Group topped the fallers after repor
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