Moneysupermarket.com revenue growth stalls
15th Jul 2015 08:49
(ShareCast News) - Financial services comparison website Moneysupermarket.com said revenue growth had slowed as expected. In a trading statement the company said revenue increased by 18% in the first half of the year, but only by 10% in the second quarter. Group revenue for the second quarter was £
Read moreFTSE 250 movers: Ladbrokes boosted by upgrade, property stocks lower
4th Jun 2015 13:19
Mid-caps were trading in the red on Thursday afternoon, as weakness in industrial metals, engineering and property stocks weighed on the market. As of 15:30 BST, the FTSE 250 was trading 0.66% lower at 18,142 points. Ladbrokes was making gains as broker Peel Hunt upgraded its rating on the stock to
Read moreFTSE 250 movers: Big Yellow surges on rising profits, miners lower
19th May 2015 13:15
UK stocks edged higher on Tuesday, despite confirmation of the UK's first deflation since the 1960s. Sector-wise, losses made by miners and telecommunications were offset by strong results from real estate, construction and insurance stocks. As of 2:30GMT, the FTSE 250 was trading 134 points higher
Read moreMoneysupermarket plunges as co-founder sells 20m shares
19th May 2015 08:54
Shares in Moneysupermarket.com fell almost 6% early on Tuesday, as the co-founder of the financial service provider sold 20m shares, representing approximately 3.7% of the company's capital. Simon Nixon, who retained a 12.8% stake, made £56m by the sale just months after he shelved plans to raise ap
Read moreFTSE 250 movers: Zoopla rockets on acquisition, RPS hit by sluggish first quarter
30th Apr 2015 13:05
Zoopla, the residential property website group, topped the risers after agreeing to acquire utility price comparison site uSwitch for up to £190m. Zoopla said it expected the deal to be "significantly enhancing" to adjusted basic earnings per share in the first full financial year following completi
Read moreMoneysupermarket posts 25% rise in quarterly revenue
30th Apr 2015 08:49
Moneysupermarket posted a 25% rise in headline quarterly revenue thanks to strong personal loans and credit card applications. The price comparison website took £76.6m in revenue over the first three months of the year, according to a trading update on Thursday. The company also attributed improved
Read moreSunday newspaper round-up: Lloyds, HSBC, Tesco, Moneysupermarket
19th Apr 2015 16:45
Lloyds Banking Group is facing a legal attack over its calamitous takeover of HBOS in 2008. A class action lawsuit, bringing together more than 6,000 investors that owned shares at the time, has been planned to force the company to release emails and other documents dating back to the deal, "to find
Read moreLondon close: FTSE 100 pulled below 7000 by declines on US markets
25th Mar 2015 16:51
London's FTSE 100 accelerated in the red by the end of Wednesday's session with declines in US markets offering direction to the downside. Late in Europe, Dow Jones Industrial Average is down 1.1% in New York and the S&P500 is off 0.9% in low volume trade with markets cutting exposure following poor
Read moreFTSE 250 movers: Balfour higher on cost saving pledge, miners and oil stocks lower
25th Mar 2015 13:55
Shares in UK construction firm Balfour Beatty rose as it pledged to implement cost saving measures after reporting deep losses last year which forced it to suspend its dividend. Housebuilder Bellway surged as profits jumped to a record high in the first six months of its financial year, prompting th
Read moreMoneysupermarket founder Nixon's sharp placing u-turn hits company's shares
25th Mar 2015 11:20
Moneysupermarket founder Simon Nixon tried to place 35m of his shares in the company on Tuesday after markets had closed but investors have seemingly rebelled and the placing has been pulled on Wednesday morning. Analyst Jamie Constable at N+1Singer called it "a placing too far" but his personal bro
Read moreMoneysupermarket loses two directors from its board
9th Mar 2015 08:59
Cash saving expert, Moneysupermarket.com has lost two of its high profile directors a week after reporting 2014 earnings. The company said Michael Wemms and Robin Klein will step down from the board at the annual general meeting on 30 April 2015. Wemms has been the senior independent non-executive
Read moreTuesday broker round-up
3rd Mar 2015 16:59
St. James's Place: Morgan Stanley ups target to 1,097p from 963p while reiterating overweight stance. AO World: Cannacord Genuity lowers target to 170p from 220p and reiterates hold. British American Tobacco: Jefferies raises target to 4,440p from 4,140p and reiterates buy. Kaz Minerals: Exane BNP
Read moreFTSE 250 movers: Moneysupermarket crumbles on compensation concerns
3rd Mar 2015 14:14
Despite strong results and positive sentiment from many analysts, Moneysupermarket.com led the fallers due to weekend comments from the chairman of the government's Energy and Climate Change Committee, Tim Yeo MP, who called for price comparison companies to compensate customers who had been "duped"
Read moreMoneysupermarket.com tumbles on regulatory concerns despite strong results
3rd Mar 2015 09:18
Moneysupermarket.com's revenue rose 10% to £248.1m in 2014 after increasing its advertising expenditure and investing in technology but shares sank on worries that the government will make price comparison sites compensate customers who fail to get better deals. Over the weekend, the chairman of th
Read moreFTSE 250 movers: JD Sports rising over sales boost, Afren on the rise
16th Jan 2015 14:20
JD Sports Fashion was rising after reporting a sales surge of 12% over the Christmas period in the five weeks to 3 January. The company said: "The board is now confident that the headline profit before tax and exceptional items for our continuing operations will exceed the top end of market expectat
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