Quindell confirms capital return plans and Watchstone rebrand
9th Nov 2015 14:29
(ShareCast News) - Insurance technology group Quindell outlined its capital return plans on Monday and said it was seeking shareholder approval to rebrand itself as Watchstone Group. The company, which is currently being investigated by the Serious Fraud Office (SFO) over its accounting policies, sa
Read moreQuindell completes Canadian physiotherapy purchase
4th Nov 2015 12:53
(ShareCast News) - Quindell has completed the acquisition of Canadian physiotherapy and rehabilitation services provider PT Healthcare Solutions, in exchange for new shares. Small cap favourite Quindell, which recently confirmed it intended to pay a 90p-per-share special dividend in December, bought
Read moreQuindell plans to return GBP415m to shareholders
2nd Nov 2015 11:40
(ShareCast News) - Beleaguered insurance technology group Quindell announced plans to return £415m to shareholders in December following the sale of its professional services division, subject to court approval. The company, which is currently being investigated by the Serious Fraud Office over its
Read moreBeleaguered Quindell posts drop in interim revenues
30th Sep 2015 08:10
(ShareCast News) - Beleaguered insurance technology company Quindell, which is being investigated by the Serious Fraud Office over its accounting policies, posted a drop in revenue and a pre-tax loss for the first half of the year. For the six months ended 30 June, the pre-tax loss came in at £35.46
Read moreQuindell buys remaining stake in PT Healthcare Solutions
9th Sep 2015 09:19
(ShareCast News) - Beleaguered insurance technology company Quindell has agreed to buy the remaining 50.1% stake that it does not already own in Canada's PT Healthcare Solutions. Under the terms of the deal, which is expected to complete in mid-October, Quindell will issue 9.47m ordinary shares of 1
Read moreFCA drops Quindell investigation in light of SFO probe
18th Aug 2015 08:04
(ShareCast News) - The UK Financial Conduct Authority has decided to discontinue its investigation into beleaguered technology and outsourcing group Quindell with immediate effect, in light of the investigation by the Serious Fraud Office into past business and accounting practices. The FCA had been
Read moreQuindell shares pop higher as new CEO is appointed
17th Aug 2015 09:45
(ShareCast News) - Beleaguered insurance technology company Quindell has appointed Indro Mukerjee as its new chief executive with effect from 7 September. Mukerjee replaces Robert Fielding, who left Quindell in May, and the new appointment comes as the company is being investigated by the Serious Fr
Read moreSerious Fraud Office launches Quindell probe
5th Aug 2015 16:23
(ShareCast News) - The Serious Fraud Office (SFO) has launched a probe into Quindell's business and accounting practices. The formal investigation follows the insurance technology and outsourcing company's announcement of a widening of its 2014 pre-tax loss on the back of impairment charges. The gr
Read moreQuindell posts £258m loss, shares to resume trading on Thursday
5th Aug 2015 14:31
(ShareCast News) - Quindell, an insurance technology and outsourcing company whose shares have been suspended from AIM for over a month, reported a widening of its 2014 pre-tax loss on the back of impairment charges. The beleaguered company posted a pre-tax loss of £238m for the year ended 31 Decemb
Read moreQuindell's 2014 results to be delayed, shares suspended
29th Jun 2015 14:29
Quindell announced on Monday its full-year report will not be published on time. Consequently, its shares have been suspended while the company works "through the oustanding points" to publish the report as soon as possible. The results for the year ended 31 December 2014 were expected to be releas
Read moreQuindell under investigation from FCA
24th Jun 2015 08:24
Software and consultancy group Quindell is under investigation from the Financial Conduct Authority, the company revealed on Wednesday. In a short statement, the London-listed group said it will co-operate "fully" with the probe, which focuses on "public statements made regarding the financial accou
Read moreSunday share tips: Lloyds Banking, Quindell, Quantum Pharmaceutical
31st May 2015 16:40
Lloyds Banking Group shares are a 'hold', said Questor in the Sunday Telegraph. The bank is certainly making progress: reporting rising profits, is close to returning to paying a dividends and small investors will soon able to take advantage of the accelerated sale of the government's shareholding.
Read moreQuindell pledges "£1 per share" capital return after review finds "aggressive" accounting
29th May 2015 11:42
An independent review into accounting practices at Quindell's disposed legal claims business found they were at "the aggressive end of acceptable practice", as the company finally completed the deal and said it expected to return more than £1 per share from the sale. Shareholders and regulators of b
Read moreQuindell given FCA approval for Slater & Gordon deal
22nd May 2015 08:57
Quindell has received the final regulatory go-ahead to complete the sale of its professional services division to Australian law-firm, Slater & Gordon in a deal worth £700m. Approval for the deal has been granted by the Financial Conduct Authority, meaning the disposal is now unconditional and compl
Read moreQuindell receives takeover approach, sources claim
19th Apr 2015 14:46
Quindell received a takeover approach for its telematics business from Tantalum, a company connected to City financier Edmund Truell, reports said late on Friday. The telematics business, which monitors motorists as they drive, now makes up the majority of the AIM-listed group following the decision
Read more