Investec profit declines as demerger costs weigh
21st Nov 2019 10:29
(Sharecast News) - Investec on Thursday reported a drop in interim profits and left its dividend unchanged after the company''s strategic expenses almost doubled.
Read moreInvestec warns on interim profits as Brexit worries, costs take toll
20th Sep 2019 07:04
(Sharecast News) - Asset manager Investec warned on interim profits as Brexit, trade wars and a company restructure were all forecast to hit earnings.
Read moreInvestec asset management demerger on track as operating profit rises
16th May 2019 09:08
(Sharecast News) - Investec posted a 9.4% jump in full-year adjusted operating profit on Thursday as it said the demerger of the asset management business was on track.
Read moreBrewin Dolphin in talks about buying Investec's Irish wealth management business
15th Apr 2019 07:38
(Sharecast News) - FTSE 250 wealth manager Brewin Dolphin confirmed on Monday that it is in exclusive talks with Investec about the possible acquisition of its Irish wealth management business.
Read moreInvestec on track for demerger amid 'challenging' operating environment
15th Mar 2019 10:17
(Sharecast News) - Investec updated shareholders on developments for the financial year ending 31 March on Friday, reporting that the operating environment remained "challenging" over the period.
Read moreDirector dealings: Investec founder lowers stake
22nd Feb 2019 16:20
(Sharecast News) - Investec founder Ian Kantor disposed of 200,000 ordinary shares in the FTSE 250-listed financial services outfit.
Read moreFriday broker round-up
14th Sep 2018 15:10
(Sharecast News) - SafeChange: Barclays upgrades to overweight with a target price of 420p.
Read moreInvestec Asset Management to be spun out as separately listed company
14th Sep 2018 08:27
(Sharecast News) - Investec announced the demerger and listing of Investec Asset Management on Friday, following a strategic review process carried out by its board and executive directors.
Read moreInvestec puts in robust performance amid South Africa, Brexit uncertainty
14th Sep 2018 08:14
(Sharecast News) - Investec updated the market on its core business performance for the first half of its financial year ahead of its close period on Friday, reporting that the company had continued to see macro challenges in its key operating geographies.
Read moreFriday preview: US data barrage, Investec in focus
13th Sep 2018 14:21
(Sharecast News) - The focus at the weekend - barring surprises around international trade or Brexit - will be on a barrage of economic data scheduled for release in the States.
Read moreSunday newspaper round-up: Inflation, RBS, Brexit defeat, BAE Systems
12th Feb 2017 15:06
(ShareCast News) - Higher food and fuel prices drove inflation to a three-year zenith of 2% in January, up from 1.6% in December, with more increases coming as the year progresses. Figures from the Office for National Statistics are expected to confirm the jump in inflation this week, the Sunday Tel
Read moreDirectors dealings: Investec´s finance chief cuts stake
2nd Dec 2016 15:23
(ShareCast News) - Investec´s finance chief and risk director Glynn Burger sold a big slice of shares in the specialist bank and asset manager which he helps to run. Burger sold 221,503 shares at an individual price of 504p in Johannesburg on 1 December, for a total consideration of £1,116,375.11, t
Read moreInvestec sees H1 revenue ahead of last year, but operating profit down
16th Sep 2016 09:37
(ShareCast News) - FTSE 250 banking and asset management group Investec said on Friday that it expects revenue for the first half to be ahead of the previous year, but operating profit will be down. In a pre-close briefing statement, the company said that against a backdrop of high levels of macroec
Read moreTuesday broker round-up
16th Aug 2016 11:38
(ShareCast News) - Investec: UBS reiterates buy with a target price of 550p. Hastings: Berenberg maintains buy with a 234p target. Auto Trader: Goldman Sachs reiterates buy with a 445p target. Smiths Group: HSBC stays at hold with a 1300p target. Rightmove: Goldman Sachs keeps at neutral with a t
Read moreInvestec plc to raise £145m in placing
2nd Jun 2016 07:49
(ShareCast News) - Investec plc announced on Thursday morning its intention to place up to 30.87 million new ordinary shares in the company, representing 4.99% of its current issued share capital and 3.4% of Investec plc and Investec Ltd's current issued share capital. The FTSE 250 firm said the pla
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