Xchanging revenue growth to fall short
2nd Aug 2010 08:13
Business process outsourcing specialist Xchanging warned that revenue growth for the full year will be slightly lower than previously anticipated. "Our customers remain cautious and we have seen further slippage in time scales for closing deals in the second half of the year. Therefore, the comple
Read moreXchanging 2010 Revenue Growth To Miss Own Views
2nd Aug 2010 07:11
LONDON (Dow Jones)--Business outsourcing company Xchanging PLC (XCH.LN) Monday said it expects its full-year revenue growth to be slightly lower than it had previously anticipated due to lower procurement volumes, as its customers remain quite cautious. "The completion of further large new deals
Read moreUK SMALLCAP ROUNDUP: Apollo Ups Proposal To Buy Brit Insurance
28th Jul 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps BRIT INSURANCE HOLDINGS NV (BRE.LN), a U.K. insurer and reinsurer, Wednesday said New York-based Apollo Global Management LLC has made a revised indicat
Read morePRESS RELEASE: XCHANGING TO BUILD A STATE-OF-THE-ART LOW CARBON BPO CENTRE IN A TIER 3 INDIAN TOWN
28th Jul 2010 07:08
XCHANGING TO BUILD A STATE-OF-THE-ART LOW CARBON BPO CENTRE IN A TIER 3 INDIAN TOWN LONDON -- (MARKETWIRE) -- 07/28/10 -- Press Release XCHANGING TO BUILD A STATE-OF-THE-ART LOW CARBON BPO CENTRE IN A TIER 3 INDIAN TOWN Signs agreement with the State Government of Karnataka to lease an
Read moreXchanging To Build Business Outsourcing Centre In India
28th Jul 2010 07:05
LONDON (Dow Jones)--Business outsourcing company Xchanging PLC (XCH.LN) said Wednesday it will build a business process outsourcing centre in India, its fourth major processing centre in the country. Xchanging has signed an agreement with the State Government of Karnataka to lease and jointly de
Read moreLondon close: US gives Footsie a lift
26th Jul 2010 16:42
Sentiment improved after the US open following a sluggish start, helping Footsie close with modest gains. A bigger than expected rise in US house sales reassured investors over the state of the world economy. Banks Lloyds, Royal Bank of Scotland and Barclays were all strongly ahead after they sail
Read moreLondon afternoon: Pick-up at Penguin boosts Pearson
26th Jul 2010 14:37
Leading shares remain mixed ahead of the deluge of big company announcements later in the week that includes oil giants BP, Shell and BG. Tullow Oil may be smaller than the aforementioned triumvirate but its shares are outperforming all of them and the rest of the Footsie constituents today after i
Read moreLondon midday: Updates fail to move Footsie
26th Jul 2010 12:13
Footsie is still seeking direction despite a stream of company news updates that have moved share prices Banks Lloyds, Royal Bank of Scotland and Barclays are all strongly ahead after they sailed through the tests last week. BP is ahead after the oil giant confirmed it will t will hold a board me
Read moreXchanging wins OnVista Bank contract
26th Jul 2010 07:55
Business process outsourcing specialist Xchanging and its business partner Allianz Global Investors are to take over administration of savings plan accounts for OnVista Bank. The accounts will be transferred from Onvista Bank's current platform to the information technology platform of Fondsdepot
Read moreLondon close: Flat finish for FTSE 100
20th Jul 2010 16:42
There was plenty of movement in both directions Tuesday, but Footsie closed just a few points lower. Government spending cuts and their effect on the profits on the big players in the public sector is the day's big story after Cable & Wireless Worldwide warned that the coalition government's emerge
Read moreLondon afternoon: Cautious note from De La Rue
20th Jul 2010 14:25
Footsie lost more ground over the lunch time session with barely a fifth of the blue-chip index's constituents remaining in the red, and many of those are miners. Government spending cuts and their effect on the profits on the big players in the public sector is the day's big story after Cable & Wi
Read moreLondon midday: Public sector specialists hit
20th Jul 2010 12:10
Sovereign debt worries are haunting investors again after Hungary cut back its treasury bill offering by 10bn forints to 35bn. European stock markets took a step back on the news while expectations of a weak opening on Wall Street has also sparked some selling. Cable & Wireless Worldwide is the bi
Read moreXchanging Chief Financial Officer Richard Houghton To Step Down
15th Jul 2010 08:13
LONDON (Dow Jones)--Xchanging PLC (XCH.LN) said Thursday Richard Houghton will step down as director and chief financial officer of the company during the next financial year. MAIN FACTS: -The search for a suitable successor has been initiated. -Shares at 0711 GMT down 0.6 pence or 0.28%
Read moreLondon close: Footsie powers forward
8th Jul 2010 16:59
Footsie's strong recovery continued for a third day with the blue chip index closing above 5,100 driven by buoyant financial services companies. The index is up by more than 300 points this week and to its highest in nine days. Growing optimism about the European bank stress tests and yesterday's
Read moreLondon afternoon: Footsie on fire
8th Jul 2010 14:13
Bullish banks and rising commodity prices have sparked a fresh rally, taking this week's recovery near to 300 points and the leading index to its highest in nine days. Growing optimism about the European bank stress tests and yesterday's forecast upgrade by American peer State Street had buyers all
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