Thursday preview: US data, Serco Group in focus
26th Jun 2025 09:38
(Sharecast News) - The market spotlight on Thursday will be on the release of a raft of economic reports in the US.
Read moreSerco hikes FY revenue guidance, taps Keith Williams for chairman
26th Jun 2025 07:40
(Sharecast News) - Government services provider Serco said on Thursday that interim revenues had improved, principally due to a strong performance in North America, leading it to raise FY guidance.
Read moreSerco wins three UK navy contracts worth more than £1bn
15th May 2025 08:09
(Sharecast News) - UK government contractor Serco said it had won three contracts with a combined value of more than £1bn by the Ministry of Defence to provide maritime services for the Royal Navy.
Read moreSunday newspaper round-up: US-China, Aerospace, Pharma
11th May 2025 14:38
(Sharecast News) - The US president said talks with China that were taking place in Geneva had achieved a "total reset" in the two countries' trade relations. Without elaborating, Donald Trump said that great progress had been made and that they wanted to see an opening up of China to American businesses. The negotiations were scheduled to continue on Sunday. - Guardian
Read moreLondon close: Stocks mixed on corporate earnings, Trump tariff threats
27th Feb 2025 15:43
(Sharecast News) - London stocks closed in a mixed state on Thursday, with the top-flight index recovering from a weaker open as investors absorbed fresh US jobless claims data and a wave of corporate earnings reports.
Read moreSerco revenues dip in line with guidance, underlying operating profit up 10%
27th Feb 2025 09:33
(Sharecast News) - Outsourcer Serco posted a dip in full-year revenue on Thursday, in line with its guidance, and a 10% jump in underlying operating profit.
Read moreSerco secures £1bn MoD contract
6th Feb 2025 16:35
(Sharecast News) - Serco said on Thursday that it has been awarded a contract by the Ministry of Defence to deliver its next-generation recruitment solution for the Royal Navy, the British Army, the Royal Air Force and Strategic Command.
Read moreLondon close: Stocks higher as ECB cuts rates
30th Jan 2025 16:48
(Sharecast News) - London equities finished higher on Thursday, with investor sentiment buoyed by a rate cut from the European Central Bank and a decline in US jobless claims.
Read moreSerco acquires MT&S business from Northrop Grumman
30th Jan 2025 08:51
(Sharecast News) - Public services firm Serco has agreed to acquire Northrop Grumman's mission training and satellite ground network communications software business for $327.0m in cash.
Read moreBerenberg starts Mitie and Serco at 'buy'
29th Jan 2025 08:09
(Sharecast News) - Berenberg initiated coverage of Mitie and Serco on Wednesday with a 'buy' rating as it said the outsourcers are "leaders in their fields and often dominate market share".
Read moreSerco secures new contract win with US Army
15th Jan 2025 08:08
(Sharecast News) - Government services provider Serco has secured a new contract win that will see it support soldier readiness and performance within the US Army's Holistic Health and Fitness System.
Read moreSerco CEO Mark Irwin to retire
13th Jan 2025 07:27
(Sharecast News) - Serco said on Monday that chief executive Mark Irwin plans to retire and step down from the role on 28 February after 12 years with the outsourcer.
Read moreLondon close: Stocks fall after better-than-expected US payrolls
10th Jan 2025 16:11
(Sharecast News) - London stocks ended the week lower, with investors reacting to a better-than-expected US nonfarm payrolls report during the afternoon.
Read moreJefferies downgrades Serco to 'hold' on lack of growth potential
10th Jan 2025 08:52
(Sharecast News) - Serco's share price was under pressure on Friday after analysts at Jefferies lowered their rating for the public sector-focused outsourcing group from 'buy' to 'hold', citing headwinds to earnings momentum.
Read moreLondon close: Stocks slip as BoE holds rates steady
19th Dec 2024 17:07
(Sharecast News) - London stocks closed sharply lower on Thursday, as investors digested a slew of central bank decisions across the globe.
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