Moneysupermarket.com surges on Jefferies upgrade
9th Dec 2015 13:40
(ShareCast News) - Shares in Moneysupermarket.com have surged after Jefferies upgraded the stock from 'hold' to 'buy'. The investment bank issued a note on Wednesday, saying it had been too cautious this year and the company had performed well. "It is one of the few online marketplace models we hav
Read moreFTSE 250 movers: Stagecoach drives the market down as Paris attacks hit demand
9th Dec 2015 13:37
(ShareCast News) - The FTSE 250 continued to slump on Tuesday, with the second tier market down 45.21 points (0.26%) to 17,146.69 by mid-afternoon Wednesday. Transport operator Stagecoach was the biggest faller after it revealed the Paris terror attacks in November has discouraged people from trave
Read moreFTSE 250 movers: Spire downgrade leads market south
3rd Dec 2015 14:26
(ShareCast News) - The London markets took a turn downhill after the ECB announced a 10 basis point cut to the deposit rate to -0.30%, as expected. After a morning of gains, the FTSE 250 was down 132.16 (0.75%) to 17,421.76 by mid-afternoon Thursday. Spire Healthcare led the fallers after Investec
Read moreMoneysupermarket.com founder takes further steps to exit the company
2nd Dec 2015 15:30
(ShareCast News) - Moneysupermarket.com founder Simon Nixon has sold nearly half his remaining stake in the comparison website. Nixon sold 32m shares, a 5.8% stake, to pocket £98m in his latest move to exit from the company. He has been slowly reducing his shareholding and increasing his involvemen
Read moreFTSE 250 movers: Greene King's half year profit keeps market balanced
2nd Dec 2015 14:08
(ShareCast News) - The FTSE 250 was still in the green on Wednesday before the London Stock Exchange was due to announce which companies would be promoted and demoted from the FTSE 100 and 250. The market was up 17.18 points (0.1%) to 17,533.94 by mid-afternoon, but trending downwards. Greene King
Read moreMoneysupermarket founder sells almost half his stake
2nd Dec 2015 07:55
(ShareCast News) - Moneysupermarket.com slumped after founder Simon Nixon soid a 5.8% stake in the comparison website, pocketing a gross £98m. Nixon sold 32m shares at 305p each. He is now subject to a lock-up in respect of his remaining 38m shares, or 6.9% until the company's full-year results for
Read moreCMA to probe cloud storage, price comparison sites and local councils
30th Nov 2015 11:51
(ShareCast News) - Probes into the cloud storage industry, price comparison websites and local government authorities will all be launched by the UK competition watchdog in coming few months, with the support of Chancellor George Osborne. An investigation has already begun into cloud storage, the Co
Read moreMoneysupermarket.com confident of meeting full-year expectations
30th Oct 2015 08:11
(ShareCast News) - Moneysupermarket.com said it is confident of meeting its expectations for the full-year despite an anticipated slowdown in revenues in the fourth quarter. In a trading statement for the three months to the end of September, the company reported a 14% rise in revenues to £76.2m fro
Read moreMoneysupermarket.com's chief product officer to step down
8th Oct 2015 12:21
(ShareCast News) - Moneysupermarket.com said its chief product officer Graham Donoghue has decided to leave the business after seven years. Donoghue will leave the board immediately but will remain with the company until the end of the year to hand over to his successor who has already been identifi
Read moreBroker tips: Moneysupermarket.com, ARM Holdings, European stocks
26th Aug 2015 12:28
(ShareCast News) - Moneysupermarket.com got a boost on Wednesday after Citigroup upgraded the stock to 'buy' from 'neutral' and raised its price target to 370p from 300p, pointing to improved visibility. "Whilst we acknowledge the strong run in the share price, we now however take a more positive vi
Read moreMoneysupermarket gets a boost from Citigroup upgrade
26th Aug 2015 10:39
(ShareCast News) - Moneysupermarket.com got a boost on Wednesday after Citigroup upgraded the stock to 'buy' from 'neutral' and raised its price target to 370p from 300p, pointing to improved visibility. "Whilst we acknowledge the strong run in the share price, we now however take a more positive vi
Read moreFTSE 250 movers: JD Sports surges on beefed up profit forecast, Moneysupermarket drops as Lewis sells shares
31st Jul 2015 15:12
(ShareCast News) - London's FTSE 250 index was up 0.6% at 17,618.23 at 14:51 BST, with online retailer JD Sports Fashion pacing the advance. Shares in JD Sports Fashion surged after the company said it expects its full-year profit to be 10% ahead of current market forecasts of around £110m, as tradi
Read moreMoneysupermarket falls after Martin Lewis sells 9m shares
31st Jul 2015 10:25
(ShareCast News) - Moneysupermarket.com Group shares were down almost 5% after personal finance commentator Martin Lewis trousered £25m from the sale of 9m shares. Lewis's sale, which was brokered by Credit Suisse, represented roughly 1.6% of the company's shares, while the sale by the Charities Aid
Read moreMoneysupermarket.com posts upbeat H1 with strong demand for comparing services
30th Jul 2015 09:19
(ShareCast News) - Moneysupermarket.com Group said its business grew during the first first half of the year driven by strong insurance and home services performances. Revenues rose 18% to £143.9m while pre-tax profits increased 43% to £37.8m, driving earnings per share up to 5.5p from 3.9p. The re
Read moreMoneysupermarket.com appoints departing Pearson CFO as non-exec director
27th Jul 2015 09:04
(ShareCast News) - Robin Freestone has been appointed as a non-executive by Moneysupermarket.com, the financial services group confirmed on Monday. Freestone, who is to step down from his current role as chief financial officer (CFO) of publishing company Pearson at the beginning of next month, will
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