Change at the top in store for IPF
17th Jan 2012 07:35
International Personal Finance (IPF), the door-step lender which issued a profits warning in December after getting caught on the hop by exchange rate movements, is to get a new chief executive. The current Chief Executive Officer, John Harnett, is to leave the company at the beginning of April to
Read moreIPF falls as the pound rises
5th Jan 2012 09:42
International Personal Finance (IPF), the door step lender focused on central and eastern Europe, has fallen 4% after announcing its currency hedging strategy. IPF issued a profit warning back in December over adverse exchange rates as the value of sterling has appreciated against the currencies of
Read moreFriday tips round-up: IPF, William Hill and Berendsen
16th Dec 2011 07:17
The Time's Tempus column takes a long hard look at International Personal Finance, the door step lender which is based in Leeds but which operates in Poland, the Czech Republic, Slovakia, Hungary, Romania and Mexico. Yesterday it revealed that the strengthening of Sterling versus the currencies in
Read moreLondon close: Financials lead the way higher
15th Dec 2011 16:56
Footsie limped back above the 5,400 level in thin trade, with financial stocks leading the way. OLD MUTUAL SURGES AFTER DISPOSAL South African savings and insurance group Old Mutual was the best performing blue-chip after announcing that it is to sell its Nordic business Skandia AB for £2.1bn in
Read moreFTSE 250 Movers: International Personal Finance in last place
15th Dec 2011 15:07
Doorstep lending firm International Personal Finance (IPF) was in the bottom spot of the FTSE 250 index after it revealed that global economic volatility has taken its toll on the firm's profit and loss account in 2011. The group highlights the significant unpredictability in foreign exchange (FX)
Read moreLondon open: Footsie nudges higher, Old Mutual rockets
15th Dec 2011 08:25
The Footsie opened moderately higher on Thursday morning, as the market attempts to claw back from yesterday's 2.25% sell-off. In economic news, the HSBC "flash" purchasing managers' index for the Chinese manufacturing sector rose to 49.0 in December from 47.7 the month before, according to the la
Read moreIntl Personal Finance profits hit by FX volatility
15th Dec 2011 08:12
FTSE 250 doorstep lending firm International Personal Finance (IPF) has revealed that global economic volatility has taken its toll on the firm's profit and loss account in 2011. The group highlights the significant unpredictability in foreign exchange (FX) markets over the year and notes a weakeni
Read moreHungarian law affects Intl Personal Finance
9th Nov 2011 14:45
Doorstep lending firm International Personal Finance has announced that its draft legislation, to set a maximum APR for unsecured customer loans at 24% above the Hungarian base rate (6%), has been approved. This 30% cap compares to the current situation where customers are limited to one loan of
Read moreLondon close: Stocks soar as euro talks proceed
27th Sep 2011 16:33
The top share index surged in early dealings and continued heading higher towards the close amid optimism that European leaders will get to grips with the euro crisis. Talks are still ongoing about an expansion of the European Financial Stability Fund, with conflicting signals over whether an agree
Read moreFTSE 250 Movers: Int Personal Finance leading the way
27th Sep 2011 12:56
International Personal Finance shot to the top of the FTSE 250 leader board after JP Morgan Cazenove upgraded the stock from 'underweight' to 'neutral'. The broker's target price remained unchanged at 330p. It was beers all round for Mitchells & Butlers in the pub group's trading update, but it wa
Read moreThursday tips round-up: LSE, IPF, Playtech
21st Jul 2011 06:47
There is a strong sense that the London Stock Exchange is not sure where to go next after the unexpected failure of its merger with TMX, of Canada. I do not believe that the LSE will be bid for by anyone. This leaves its shares at the top end of their trading range, up 33½p at £10.30½p yesterday and
Read moreFTSE 250 movers: Imagination fuelled by Apple results
20th Jul 2011 14:31
Graphics chip technology developer Imagination Technologies saw its shares soar nearly 10% in London after the US tech giant Apple's quarterly profits doubled. Apple, which uses Imagination's technology in its iPhone, said its iPhones sales' had quadrupled in Asia. The news lifted other chip makers
Read moreIntl. Personal Fin. wary of Old World contagion
20th Jul 2011 08:36
Emerging markets lender International Personal Finance has warned that the problems of established markets may spill over into the markets in which it does business. In the company's interim results release, chief executive officer, John Harnett, said the company has seen good growth in credit issu
Read moreFTSE 250 movers: Ocado fails to deliver
11th May 2011 15:25
Online grocery firm Ocado - which has a long-term delivery deal with Waitrose - has seen its share price drop after it said sales growth in the second quarter has, as expected, been lower than the first as a result of capacity constraints and the higher incidence of holidays. Garfunkel's and Frank
Read moreIPF enjoys buoyant Easter
11th May 2011 14:46
The chairman of International Personal Finance (IPF), Christopher Rodrigues, has told the company's annual general meeting that the firm enjoyed strong sales over the Easter period. Back in April the emerging markets lender said it saw a four fold increase in pre-tax during the first quarter after
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