Canaccord downgrades TP Icap, says purchase of Liquidnet would be earnings dilutive

30th Sep 2020 10:14

(Sharecast News) - Analysts at Cannacord Genuity downgraded their recommendation and target price for shares of broker dealer TP Icap after the firm disclosed that it was in "advanced discussions" to acquire non-listed Liquidnet Holdings.

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TP ICAP reports first half growth, warns of slowdown

7th Aug 2020 07:29

(Sharecast News) - TP ICAP reported an improvement in underlying revenue in its first half on Friday, to £990m, from £922m a year earlier, though it warned that activity was showing signs of slowing in July.

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Thursday broker round-up

18th Jun 2020 13:55

(Sharecast News) - Carnival: Berenberg downgrades to sell with a target price of 800p.

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TP ICAP rallies as Barclays initiates coverage at 'overweight'

18th Jun 2020 11:55

(Sharecast News) - Barclays initiated coverage of TP ICAP shares at 'overweight' on Thursday, with a 440p price target, as it argued a shifting revenue mix will support earnings growth.

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Pandemic leads to bumper first quarter for TP ICAP

13th May 2020 07:54

(Sharecast News) - TP ICAP updated the market on trading in its first quarter on Wednesday, reporting that the Covid-19 coronavirus pandemic had led to a brief period of heightened trading for the company.

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TP ICAP pleased with strategic progress

10th Mar 2020 07:26

(Sharecast News) - TP ICAP reported a 4% improvement in revenue on a reported basis to ?1.83bn in its final results on Tuesday, or 1% at constant currency.

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TP ICAP to buy out Louis Capital group for ?16m

24th Dec 2019 07:19

(Sharecast News) - TP ICAP announced the proposed acquisition of Louis Capital Markets and MidCap Partners - collectively 'Louis Capital - a private brokerage group specialising in equities and fixed income, primarily based in Europe, on Tuesday.

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TP ICAP proposes new Jersey-incorporated holding company

23rd Dec 2019 09:29

(Sharecast News) - TP ICAP said on Monday that it had reviewed its international corporate and governance structure on Monday, following "meaningful growth" in the size of its Asia Pacific and Americas business due to the acquisition of ICAP in 2016.

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ShoreCap downgrades TP ICAP, sending shares lower

9th Dec 2019 12:43

(Sharecast News) - Shore Capital has cut its rating on TP ICAP, arguing that investors should be looking to take profits.

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FTSE 250 movers: Dunelm surges, AJ Bell stumbles

5th Dec 2019 13:59

(Sharecast News) - London's FTSE 250 was 0.20% higher at 20,706.34 in afternoon trade on Thursday, with Dunelm leading the charge upward.

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Thursday broker round-up

5th Dec 2019 13:10

(Sharecast News) - Berkeley Group Holdings: Liberum downgrades to sell with a target price of 4,000p.

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TP ICAP Q3 revenue jumps 17%, full-year guidance backed

1st Nov 2019 07:49

(Sharecast News) - TP ICAP posted a jump in third-quarter revenues on Friday as it backed its guidance for the year.

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TP ICAP risk committee chairman to step down

18th Oct 2019 09:52

(Sharecast News) - TP ICAP on Friday announced that risk committee chairman David Shalders will step down from the board at the end of the month after joining the London Stock Exchange Group.

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TP ICAP hit with ?15.4m fine over historic Tullett Prebon trades

11th Oct 2019 07:04

(Sharecast News) - Interdealer broker TP ICAP was slapped with a £15.4m fine on Friday by the UK's financial regulator for failing to control traders at its Tullett Prebon unit between 2008 - 2011.

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TP ICAP acquires compression service ClearCompress

16th Sep 2019 16:23

(Sharecast News) - Interdealer broker TP ICAP acquired algorithm-based, light-touch compression service ClearCompress for £750,000 on Monday.

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