London midday: Banks buoyed by IMF report
8th Jul 2010 12:03
Leading shares resumed their upward trek late in the morning session, with banks leading the advance ahead of the announcement of the Bank of England's rate decision announcement. The Bank kept interest rates unchanged at 0.5%, as expected Buyers have been chasing bank prices higher after the Inter
Read moreLondon open: Banks and miners lead advance
8th Jul 2010 08:17
London's top stocks got off to a flying start, up around 1% in early dealings, with banks and miners leading the way. Royal Bank of Scotland and Barclays have both added more than 4%, closely followed by Lloyds Banking, up just under 4%. Among the miners, Antofagasta, Xstrata and Kazakhmys are in d
Read moreMore renewals at Xchanging
8th Jul 2010 07:59
Business process outsourcing specialist Xchanging has secured a number of contract renewals from customers in North America. The renewals include the extension of a contract with an Illinois-based purchasing group of over 120 public schools for workers' compensation services; extension of a medica
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
8th Jul 2010 07:58
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0658 GMT [Dow Jones] HSBC initiates coverage of European business services stocks. Says there has been some considerable vola
Read moreMARKET TALK: HSBC Starts European Business Services Stocks
8th Jul 2010 07:58
0658 GMT [Dow Jones] HSBC initiates coverage of European business services stocks. Says there has been some considerable volatility in the sector as investors wrestle with recession, the speed of the recovery and the possibility of a relapse in demand. "Through the clamour of much macroeconomic nois
Read moreXchanging keeps job with biggest shopkeeper
6th Jul 2010 08:13
Business processor Xchanging has won a contract renewal to keep providing workers' compensation claims processing services for the world's largest retailer. The deal includes compensation claims handling and medical management for more than 1.4m staff. Xchanging has been working for the shopkeeper
Read morePRESS RELEASE: WORLD'S LARGEST RETAILER RENEWS CONTRACT WITH XCHANGING
6th Jul 2010 07:07
WORLD'S LARGEST RETAILER RENEWS CONTRACT WITH XCHANGING LONDON and CHICAGO, IL -- (MARKETWIRE) -- 07/06/10 -- WORLD'S LARGEST RETAILER RENEWS CONTRACT WITH XCHANGING To continue to provide workers' compensation claims processing services for efficient claims management Xchanging plc (LSE:
Read moreLondon close: Lower finish after budget
22nd Jun 2010 16:40
The budget did little to change the overall direction of the leading share index, which fell in early dealings and remained stuck in the red, though there was movement in specific sectors. A widely expected rise in Capital Gains Tax (CGT) was implemented, with higher rate payers to pay 28% from mid
Read moreUK SMALLCAP ROUNDUP: UK Govt To Launch GBP37.5M Growth Fund
22nd Jun 2010 16:00
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 THE U.K. government announced Tuesday in its emergency budget it will launch an Enterprise Capital Fund to support fast-growing small businesses. The
Read moreXchanging moves into Italy
22nd Jun 2010 15:35
Business process outsourcing specialist Xchanging is to enter the Italian market via an enterprise partnershop with SIA-SSB, the payment services firm. Under the terms of the partnership Xchanging will acquire 51% of Kedrios, an Italian subsidiary of SIA-SSB, that specialises in securities processi
Read moreLondon afternoon: Market takes tax hikes on chin
22nd Jun 2010 14:17
Footsie is still in the red after chancellor George Osborne's first Budget, which contained a huge raft of tax and benefit changes, most of which will raise revenue for the government. VAT is going up from 17.5% to 20%, capital gains tax is rising to a flat rate of 28% while the banks and building
Read moreUK SMALLCAP ROUNDUP: Easydate Fancies GBP10M IPO Raising
22nd Jun 2010 12:30
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 EASYDATE PLC, an Edinburgh-based internet-dating company, Tuesday said it plans to raise GBP10 million when it lists on London's Alternative Investment M
Read moreLondon midday: Budget casts shadow over Footsie
22nd Jun 2010 12:04
Footsie is lower ahead of today's emergency Budget with markets uneasy given the tough rhetoric beforehand from chancellor George Osborne. The sentiment boost enjoyed yesterday following the announcement that China is to stop pegging its currency to the US dollar has worn off, as can be seen by the
Read moreINTERVIEW: Xchanging's Data Integration Buy To Boost Earnings
22nd Jun 2010 09:42
By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Business outsourcing company Xchanging PLC (XCH.LN) expects its recent acquisition of Data Integration Ltd. to immediately start contributing to the company's bottom line, Chief Executive David Andrews said Tuesday. Xchanging
Read moreUK SMALLCAP ROUNDUP: Halma Returns To Acquisition Trail
22nd Jun 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 HALMA PLC (HLMA.LN) Tuesday said it is back on the acquisition trail after sales growth in Asia and savings from layoffs drove a 12% rise in fiscal-year
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