London close: Stocks finish positive as US inflation moderates
29th Feb 2024 16:05
(Sharecast News) - London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.
Read moreSerco sees lower revenue, profits up in 2024
29th Feb 2024 08:06
(Sharecast News) - Government contractor Serco said it expected slightly lower revenues this year and a 5% rise in profit as 2023 earnings rose 25%.
Read moreSerco ordered to cease using facial recognition on workers
23rd Feb 2024 12:47
(Sharecast News) - UK government contractor Serco has been ordered to to stop using facial recognition technology to monitor the attendance of employees at leisure centres it operates.
Read moreLondon close: Stocks finish higher as US inflation cools
26th Jan 2024 16:21
(Sharecast News) - London's financial markets closed positively on Friday, as investors were buoyed by an optimistic consumer confidence survey and a lower-than-anticipated inflation reading from across the pond.
Read moreSerco shares surge on reported bid approach
26th Jan 2024 15:13
(Sharecast News) - Shares in Serco fell on Friday after a report that American Industrial Partners (AIP) contacted the UK government contractor about a potential bid for the company.
Read moreRBC Capital lifts Serco price target after update
15th Dec 2023 07:55
(Sharecast News) - RBC Capital Markets lifted its price target on Serco on Friday to 200p from 190p after the company's pre-close trading update and acquisition announcement a day earlier.
Read moreLondon close: Stocks rise as BoE keeps rates on hold
14th Dec 2023 16:40
(Sharecast News) - London stocks closed higher on Thursday after the Bank of England maintained interest rates at lunchtime, as anticipated.
Read moreSerco points to higher profits in 2024 after strong second half
14th Dec 2023 07:28
(Sharecast News) - Public services provider Serco has announced that 2023 revenues and profits will be in line with guidance as it pointed to further bottom-line growth in the coming financial year.
Read moreSerco wins £200m UK govt electronic monitoring contract
8th Nov 2023 07:41
(Sharecast News) - UK government contractor Serco said it had won a £200m contract to deliver electronic monitoring services for the Ministry of Justice.
Read moreSerco appoints Andrew Head as Asia-Pacific CEO
25th Oct 2023 07:22
(Sharecast News) - Government contractor Serco said it had appointed Andrew Head as chief executive of its Asia Pacific operations, effective immediately.
Read moreSerco secures £350m DWP contract
17th Oct 2023 08:11
(Sharecast News) - Serco said on Tuesday that it has been selected by the Department for Work and Pensions (DWP) to deliver the new functional assessment services (FAS) in the south-west of England.
Read moreDirector dealings: Serco CFO makes share purchase
10th Oct 2023 13:19
(Sharecast News) - Serco revealed on Tuesday that chief financial officer Nigel Crossley had acquired 3,259 ordinary shares in the FTSE 250-listed British multinational.
Read moreJ.P.Morgan bullish on outlook for UK property stocks
20th Jul 2023 15:45
(Sharecast News) - Analysts at J.P.Morgan sounded a 'bullish' note on the outlook for UK property stocks.
Read moreSunday share tips: Futura Medical, Serco
16th Jul 2023 12:33
(Sharecast News) - The Sunday Times's Lucy Tobin told readers that shares of Futura Medical were worth a punt, even if there were no guarantees of a happy ending.
Read moreSerco lifts FY revenue, profit guidance after strong first half
29th Jun 2023 07:35
(Sharecast News) - UK government outsourcer Serco lifted annual guidance on Thursday after a strong first half, driven by higher demand for its immigration services.
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