Innovation re-signs contract with South African insurer
9th May 2013 11:42
Innovation Group, a global provider of business process services and software solutions to the insurance and property industries has announced the re-signing of a contract in South Africa with the insurer of one of South Africa's top four banks. Innovation Group said that the contract had been re-
Read moreMonday broker round-up UPDATE
29th Apr 2013 08:17
Afren: Liberum Capital shifts target price from 130p to 136p and maintains a hold recommendation. AngloAmerican: Nomura upgrades from reduce to neutral with a target price of 1700p. Antofagasta: Nomura cuts target price from 1250p to 1200p, while its neutral rating remains unchanged. Investec redu
Read moreInnovation signs seven-year contract with UK insurer
26th Apr 2013 10:22
Software solutions provider Innovation Group has signed a new contract with a UK insurer to provide its supplier management solution product, Innovation Symbility. The company said that the contract would run for a period of seven years and would be charged on a transactional basis which would gene
Read moreFormer Guinness Peat Chairman trims his stake...again
19th Dec 2012 16:30
Sir Ron Brierley, a non-executive director of Guinness Peat Group (GPG), sold five million shares in the investment holding company for a second week running. Brierley, a well-known New Zealand investor, offloaded the shares on Wednesday at a price of A$0.47 each (30.31p), pocketing a total of A$2.
Read moreSector movers: Sage drags IT sector lower after full-year results
5th Dec 2012 14:57
A sharp fall by Sage saw the software and computer services sector drop to the bottom of the pile on Wednesday afternoon. Sage Accountancy software group Sage reported broadly in-line full-year figures with organic revenue growth up 2%, marking a slowdown from the 4% growth in 2011. Chief Execut
Read moreRevenue up 10 per cent at Innovation Group
5th Dec 2012 10:59
Revenue at international business process services provider Innovation Group rose 10 per cent in the year ending September 30th, according to preliminary results published by the group on Wednesday. The group's revenue jumped to £193.7m compared to £175.9m in 2011, while pre-tax profit rose 15% to
Read moreWednesday broker round-up UPDATE
21st Nov 2012 07:10
Avocet Mining: Goldman Sachs downgrades from neutral to sell. Barr (AG):Numis upgrades to add with a traget price of 525p. British Land: Morgan Stanley raises target price from 540p to 570p and upgrades to overweight. Jefferies raises target price from 554p to 561p, hold recommendation maintained.
Read moreInnovation Group wins US contract
14th Nov 2012 14:09
The Innovation Group, which provides business services and software solutions to the insurance, fleet, automotive and property industries, has scored a new US contract for its Insurer Claims and Insurer Analytics software. The deal was signed with a tier two insurer and is worth around £2.75m ($4.4
Read moreDirectors' deals balance the scale at Advanced Computer Software
18th Sep 2012 17:08
Advanced Computer Software Group has reported separate deals by two of its directors, more or less balancing each other out. The deals were made on Monday, when the healthcare and business management software provider said it expects revenues to have climbed by a fifth in the six months to the end
Read moreWife of Admiral CEO buys 1.6m pounds-worth of shares
5th Sep 2012 16:16
The wife of Admiral's Chief Executive Officer (CEO) bought a staggering amount of shares in the car insurance giant on Tuesday, worth nearly 1.6m pounds. Diane Briere de l'Isle, the partner of CEO Henry Engelhardt, snapped up 144,348 shares in Admiral at average price of 1,107p - this cost her a to
Read moreGood trading continues at Innovation Group
17th Aug 2012 11:06
Innovation Group, which provides business process services and software solutions to the insurance, fleet, automotive and property industries, has said that despite current economic and unfavourable weather conditions, trading since April 1st has continued positively. Good cash levels have been ge
Read moreInnovation wins contract with Direct Line
1st Mar 2012 11:18
Innovation Group, which provides business process outsourcing and software to insurance, car and property industries, has won a five-year contract with Direct Line Insurance, the UK's largest personal lines insurer. The contract, which will contribute around £5m to Innovation's revenues over the t
Read moreInnovation in gear for year
16th Feb 2012 07:42
Innovation Group, which provides business process outsourcing and software to insurance, car and property industries, said it remains confident that it will meet company expectations for the financial year. "Results to date show the strength of the group's strategy of operating with both a technol
Read moreWednesday broker round-up - UPDATE
15th Feb 2012 09:25
Essar Energy: Morgan Stanley upgrades to neutral from underperform. Anglo American: Citi downgrades to neutral from buy. International Consolidated Airlines: Credit Suisse raises target from 152p to 189p, neutral rating kept. InterContinental Hotels: Credit Suisse raises target to 1,521p from 1,
Read moreThursday broker round-up - UPDATE
15th Dec 2011 08:48
Hays: Barclays initiates at outperform. Morgan Crucible: Goldman Sachs upgrades to buy from neutral. Hargreaves Lansdown: Citi cuts to neutral from buy. Cairn Energy: Investec keeps hold, target cut from 333p to 291p. Betfair: UBS raises target from 620p to 625p, sell rating unchanged. Logica:
Read more