PayPoint's contract with British Gas comes to an end
28th Jun 2019 09:43
(Sharecast News) - PayPoint said on Friday that it has been unable to agree "appropriate" renewal terms for its multi-year contract with British Gas.
Read moreWednesday broker round-up
29th May 2019 13:44
(Sharecast News) - Serco: RBC Capital Markets upgrades to outperform with a target price of 150p.
Read moreHeadwinds put dent in PayPoint's preliminary reported figures
23rd May 2019 11:13
(Sharecast News) - Payment technology and network provider PayPoint reported 1.6% growth in underlying revenue in its preliminary results on Thursday, including the share of commission paid to retailers.
Read moreMonday broker round-up
11th Mar 2019 14:06
(Sharecast News) - Experian: Deutsche Bank downgrades to sell with a target price of 1,800p.
Read moreThursday broker round-up
29th Nov 2018 15:05
(Sharecast News) - Cobham: Berenberg upgrades to buy with a target price of 124
Read morePayPoint pleased with underlying growth in first half
29th Nov 2018 12:27
(Sharecast News) - Payment network provider PayPoint reported a 1.6% fall in net revenue in the six months ended 30 September on Thursday, to £55.6m on a reported basis.
Read morePaypoint to pay special dividend as it sells mobile payments business
23rd Dec 2016 10:17
(ShareCast News) - Paypoint said on Friday that it will pay a special dividend as it announced the sale of its mobile payments business to Volkswagen Financial Services AG for £26.5m in cash. The payments company said it will pay a dividend of the gross sale proceeds of 38.9p per share on 11 January
Read morePayPoint creates new JV with Yodel
16th Dec 2016 07:49
(ShareCast News) - PayPoint partnered with Yodel Delivery to create a new joint-venture to use the online payment company's package delivery brand, Collect+. The new 50:50 joint-venture, Collect+ Brand, was in turn to license the Collect+ brand to each of them and receive royalties for each parcel t
Read moreFriday broker round-up
25th Nov 2016 17:30
(ShareCast News) - Essentra: Jefferies keeps at buy with a target price of 445p. Rio Tinto: HBSC stays at buy 3300p target. Legal & General: Berenberg reiterates buy with a 301p target. Jardine Lloyd Thomson: HSBC reiterates buy with a 1100p target. Diageo: Credit Suisse keeps at outperform with
Read morePayPoint makes strategic and profit progress
24th Nov 2016 08:59
(ShareCast News) - Mobile and online payments company PayPoint saw its profits increase in the first half, as it focuses on initiatives to broaden its retail customer base. For the six months ended 30 September, revenue slipped 1.1% to £101.7m, compared to the same period last year, and net revenue
Read moreFTSE 250 movers: Miners rally, housebuilders slump
17th Oct 2016 14:57
(ShareCast News) - The FTSE 250 index fell 0.83% to 17,831.76 points in afternoon trade on Monday. Drax Group was the biggest riser as Credit Suisse reiterated an 'outperform' rating and raised its target price on the shares from 415p to 425p. Credit Suisse said the European Commission might soon a
Read morePayPoint launches new terminal for retailers
28th Sep 2016 11:50
(ShareCast News) - PayPoint has launched its new retailer terminal PayPoint One, which is designed to help retailers run their whole store from one device. The new terminal, which is expected to replace the existing second generation terminal over time, combines electronic point of sale, card paymen
Read moreDirectors dealings: Tate & Lyle's CFO sells after encouraging trading update
22nd Aug 2016 16:22
(ShareCast News) - Tate & Lyle's chief financial officer, Nick Hampton, has sold more than £330,000 of the company's shares a month after it reported an encouraging start to the year. On 21 July, Tate & Lyle said it has made a strong start to the year with profit ahead of the comparative period in c
Read morePaypoint says first quarter trading in line with expectations
28th Jul 2016 09:59
(ShareCast News) - Paypoint said on Thursday trading for the first quarter remains in line with its expectations with revenue up 3% to £51m. In a trading update for the first three months of the fiscal year, the payment services company reported a 1% increase in transactions to 172.8m. The number ex
Read moreFTSE 250 movers: Phoenix Group firms on AXA Wealth deal
27th May 2016 15:30
(ShareCast News) - FTSE 250 was marginally firmer in late afternoon trade as UK traders wound down ahead of a long weekend, with few of today's in-the-news mid-cap stocks figuring among that index's top-10 risers. Shares in Phoenix Group Holdings were ahead as it agreed with AXA UK to buy AXA Wealth
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