CentralNic rebrands as Team Internet Group
11th Oct 2023 13:13
(Sharecast News) - CentralNic Group announced that it has officially rebranded to Team Internet Group on Wednesday, following a decision subject to shareholder approval, first reported on 4 September.
Read moreInnovation Group accepts Carlyle Group's takeover bid
1st Sep 2015 09:35
(ShareCast News) - Insurance software provider Innovation Group has agreed to a £499m takeover bid from private equity firm Carlyle Group. Under the agreement, the London-listed company will receive 40p per share in cash, which represents a 13.5% premium to Innovation's closing price on Thursday. I
Read moreInnovation surges after confirming advanced takeover talks with Carlyle
28th Aug 2015 11:19
(ShareCast News) - Shares in Innovation Group surged after the London-listed software provider responded to press speculation by confirming that it is in advanced talks about a 40p-a-share takeover by US buyout firm Carlyle. Innovation said: "A further announcement may be made shortly and will be ma
Read moreInnovation Group announces £46m software deal with unnamed UK insurer
17th Jun 2015 08:22
Innovation Group announced that it has secured a £46m, ten-year deal, in which the software provider will supply a range of products to an unnamed UK insurer. The client will adopt Innovation's insurer policy, insurer claims, insurer analytics and a self-service portal. Furthermore, the complete ec
Read moreInnovation Group says contract complications will impact full-year results
1st Apr 2015 14:38
Innovation Group's shares sank on Wednesday after the company admitted its full-year results will be impacted by slippage in a number of software contracts. However, it expects its profits to be in line with market forecasts. The software provider said a decline in contract prices and weather condi
Read moreInnovation Group signs renewal agreement with long-term partner
9th Jul 2014 08:51
The Innovation Group has received a contract renewal from an unnamed South African subsidiary of one of the world's leading motor manufacturers. The contract is expected to provide the group with estimated revenues of more than £10m over the the length of the contract. Innovation, which provides
Read moreMonday broker round-up UPDATE
17th Mar 2014 08:31
Admiral Group: Credit Suisse raises target price from 1340p to 1425p and keeps a neutral rating. African Barrick Gold: Canaccord Genuity ups target price from 315p to 330p and maintains a buy recommendation. Amara Mining: Canaccord Genuity moves target price from 25p to 33p and reiterates its buy
Read moreWednesday broker round-up UPDATE
4th Dec 2013 09:21
Afren: FinnCap lowers target price from 170p to 165p and downgrades to hold. Amlin: Espirito Santo upgrades to buy with a target price of 509p. Betfair: Citi raises target price from 1150p to 1225p maintaining a buy recommendation. Brewin Dolphin: Canaccord Genuity increases target price from 285
Read moreMonday broker round-up UPDATE
2nd Dec 2013 08:22
Aberdeen Asset Management: Credit Suisse raises target price from 465p to 515p and maintains a neutral rating. Admiral Group: Citi moves target price from 1215p to 1220p and retains a neutral rating. AVEVA Group: Numis upgrades to buy with a target price of 2980p. AZ Electronic Materials: Deutsch
Read moreWednesday broker round-up UPDATE
27th Nov 2013 09:14
Aviva: Nomura moves target price from 474p to 489p retaining a buy recommendation. Bellway: Numis upgrades to buy with a target price of 1690p. Breedon Aggregates: Jefferies starts with a target price of 42p and a buy recommendation. Britvic: UBS ups target price from 575p to 600p and keeps a neu
Read moreWednesday broker round-up UPDATE
2nd Oct 2013 08:02
Advanced Medical Solutions: N+1 Singer shifts target price from 84p to 90p and upgrades from sell to hold. Afren: Nomura lowers target price from 180p to 170p and retains a neutral rating. Aveva: Panmure Gordon raises target price from 2174p to 2374p and keeps a hold recommendation. Barclays: Soc
Read moreInnovation Group wins outsourcing contract from major insurer
1st Oct 2013 10:59
One of the UK's largest insurers has outsourced a portion of its claims handling function to The Innovation Group (TIG) for the next seven years. Innovation Group said the contract to handle the insurer's residential home subsidence claims was worth around £75m net revenue over the course of the n
Read moreTuesday broker round-up UPDATE
1st Oct 2013 09:35
African Minerals: Credit Suisse reduces target price from 350p to 280p and downgrades to neutral. British Land: Societe Generale cuts target price from 670p to 620p and downgrades to hold. Derwent London: Societe Generale reduces target price from 2610p to 2470p downgrading to hold. Faroe Petrole
Read moreTuesday broker round-up UPDATE
9th Jul 2013 07:53
Adept Telecom: Northland Capital revises target price from 108p to 115p and maintains a buy recommendation. AG Barr: Panmure Gordon raises target price from 500p to 600p and retains a hold recommendation. Aquarius Platinum: Westhouse Securities shifts target price from 35p to 40p upgrading from se
Read moreWednesday broker round-up UPDATE
22nd May 2013 09:37
Afferro Mining: Panmure Gordon reduces target price from 279p to 100p, while keeping its buy recommendation. Amara Mining: Westhouse Securities cuts target price from 110p to 90p retaining a buy recommendation. Amlin: Westhouse Securities moves target price from 455p to 470p and upgrades to add.
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