Freetrade faces investor backlash over sale to IG - report
16th Jan 2025 16:42
(Sharecast News) - Online trading app Freetrade reportedly faces a backlash from early investors after announcing a £160m sale to IG Group - a fraction of the valuation it targeted during earlier fundraising talks.
Read moreLondon close: Stocks mixed as Chancellor unveils tax hikes
30th Oct 2024 14:57
(Sharecast News) - London stocks saw mixed results on Wednesday as investors weighed the impact of the £40bn worth of tax rises announced by Rachel Reeves in her first Budget as Chancellor.
Read moreFTSE 250 movers: Grafton rises on acquisition, Hochschild in the red
30th Oct 2024 14:29
(Sharecast News) - The FTSE 250 was trading more than 1% higher on Wednesday afternoon, with the gains driven by updates from a number of companies earlier in the session.
Read moreIG Group appoints Clifford Abrahams as CFO
30th Oct 2024 10:50
(Sharecast News) - IG Group said on Wednesday that it has appointed Clifford Abrahams as chief financial officer and as an executive director.
Read moreIG Group kicks off second tranche of share buyback
25th Sep 2024 07:19
(Sharecast News) - IG Group announced the start of the second tranche of its share buyback programme on Wednesday, with an allocation of up to £75m.
Read moreLondon close: Stocks finish higher as BoE holds rates
19th Sep 2024 16:03
(Sharecast News) - London stocks closed higher on Thursday, buoyed by the Bank of England's widely-expected decision to leave interest rates unchanged.
Read moreIG Group Q1 revenues grow
12th Sep 2024 08:56
(Sharecast News) - Online trading business IG Group said on Thursday that total revenues had grown in the three months ended 31 August.
Read moreThursday preview: ECB, IG Group in focus
11th Sep 2024 12:20
(Sharecast News) - Investors' focus on Thursday will shift to the other side of the Channel, where the European Central Bank is scheduled to announce its policy decision.
Read moreLondon close: Stocks mixed as investors digest fresh US data
29th Aug 2024 15:12
(Sharecast News) - London's stock markets closed in a mixed state on Thursday, as investors reacted to fresh economic data from the United States, including the latest GDP and jobless claims numbers.
Read moreTastytrade co-founders Sosnoff and Sheridan sell 6.5m shares in IG Group
29th Aug 2024 07:51
(Sharecast News) - Jefferies said late on Wednesday that Tom Sosnoff and Scott Sheridan had sold 6.5m IG Group shares in a placing to a limited number of institutional investors.
Read moreIG Group launches first £75m tranche of share buyback programme
12th Aug 2024 11:48
(Sharecast News) - IG Group kicked off the first tranche of its new share buyback programme on Monday, having announced plans to repurchase up to £150m of shares on 25 July.
Read moreLondon close: Stocks mixed on tsunami of updates, US GDP data
25th Jul 2024 15:27
(Sharecast News) - London stocks closed with mixed results on Thursday as investors processed faster-than-anticipated economic growth in the United States, following a heavy flow of corporate announcements earlier in the day.
Read moreIG Group FY profits fall amid reduced trading activity
25th Jul 2024 09:23
(Sharecast News) - IG Group reported a drop in full-year profits and revenue on Thursday, pointing to reduced trading activity.
Read moreIG 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".
Read moreIG 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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