Management Consulting Group's Finance director steps down
17th Nov 2016 10:25
(ShareCast News) - Management Consulting Group announced that its Group Finance Director Chris Povey has decided to step down. Povey has agreed to remain within the group until a replacement is found but will be removed from the board with immediate effect. Chief executive Nick Stagg said: "As Grou
Read moreManagement Consulting Group to sell Kurt Salmon
22nd Sep 2016 15:55
(ShareCast News) - Management Consulting Group announced on Thursday that it has entered into an agreement with Accenture for the sale of Kurt Salmon, comprising the Kurt Salmon retail and consumer goods consulting businesses in the United States, Canada, the United Kingdom, Germany, China, Hong Kon
Read moreTuesday broker round-up UPDATE
7th Oct 2014 09:45
African Minerals: Canaccord Genuity lowers target price from 20p to 15p with a hold recommendation. Aggreko: Exane initiates with a target price of 1500p and an underperform rating. Amec: Liberum Capital cuts target price from 1035p to 908p staying with its sell recommendation. Antofagasta: Canacc
Read moreFriday broker round-up UPDATE
4th Jul 2014 12:12
Antofagasta: Morgan Stanley upgrades from underweight to equal-weight with a target price of 750p. AVEVA: Societe Generale initiates with a target price of 2650p and a buy recommendation. Balfour Beatty: Westhouse Securities cuts target price from 220p to 183p downgrading from neutral to sell. RBC
Read moreManagement Consulting Group 2013 revenue to miss expectations
15th Jan 2014 15:19
Management Consulting Group's (MCG) shares slipped after the professional services firm said it expects to report 2013 revenue and underlying operating profit slightly below forecasts. The company's management and strategy consulting business Kurt Salmon has been hurt by weak demand in France, its
Read moreThursday broker round-up UPDATE
31st Oct 2013 08:52
African Barrick Gold: Deutsche Bank ups target price from 145p to 190p and retains its hold recommendation. HSBC takes target price from 170p to 200p keeping a neutral rating. JP Morgan raises target price from 140p to 180p and reiterates a neutral rating. Balfour Beatty: Berenberg increases target
Read moreTuesday broker round-up UPDATE
22nd Jan 2013 07:06
Afren: Liberum Capital shifts target price from 120p to 123p staying with its hold recommendation. ASOS: Exane BNP increases target price from 3000p to 3100p and retains an outperform rating. BP: RBC downgrades to sector perform from outperform. Brammer: Peel Hunt moves target price from 300p to
Read moreManagement Consulting Group on track for 2012 targets
4th Jan 2013 08:20
Management Consulting Group (MCG) said it expects revenue and profit for the 2012 financial year to be in line with expectations. In-house broker Oriel Securities has estimated revenues and profits will come in at £289m and £20.9m respectively, down from £303m and £26m the year before. The group's
Read moreManagement Consulting Group to buy back shares
30th Oct 2012 13:51
Professional services firm Management Consulting Group rose strongly after announcing a share buy-back programme. The firm plans to make market purchases of up to £5m of its ordinary shares over the next twelve months. In June the company said its share price did not reflect the underlying value o
Read moreSales for both Ffastfill and National Grid directors
18th Jun 2012 16:25
The Corporate Development Director of Ffastfill, has sold 1.383m shares in the firm just a fortnight after the company posted a drop in pre-tax profits. Nigel Hartnell ditched the shares for 13.50p a pop, pocketing £186,705 in the process. Revenue for the full year rose from £15.5m to £17.2m, bu
Read moreFidessa Chairman tops up after share price tumble
14th Jun 2012 16:11
Shares in Fidessa Group have fallen by almost a pound from 1540p at the end of May, prompting Chairman John Hamer to have a little nibble. Hamer spent £15,631 buying 1,078 shares at 1,450p each, a day after FMR LLC, a part of fund management group Fidelity Investments, said it had reduced its stake
Read moreManagement Consulting completes US acquisition
7th Jun 2012 13:07
Business consultancy Management Consulting Group has completed the acquisition of New Albany Healthcare Consultants, announced in May. New Albany provides consulting services related to performance improvement in clinical operations in hospitals and medical practices across the US. Management Con
Read moreManagement Consulting in line with expectations
4th Jan 2012 14:10
International professional services group Management Consulting expects to report revenue and underlying operating profit for the 2011 financial year in line with expectations. Alexander Proudfoot, one of two divisions in the firm, has continued to benefit from demand from clients in the natural r
Read moreManagement Consulting bosses top up after results
7th Mar 2011 16:57
Bosses at Management Consulting Group (MC) have been topping up their stakes in the company following the business consultancy group's full year results. Executive director Luiz Carvalho took 167,625 shares at 33p a time, spending a total of about £55,000. That takes his holding to about 1.2m share
Read moreSmall cap round-up: ClearStream, Optare, Brainspark
7th Mar 2011 12:36
Medical devices manufacturer ClearStream Technologies has signed a number of new distribution agreements in Scandinavia, the Middle East and the Asia Pacific region. The new markets served include Norway, Denmark, Sweden, Egypt, Iran, Indonesia and The Philippines. "We continue to target and develo
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