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Wed, 02nd Oct 2019 08:35
(ShareCast News) - The FTSE 250 index was on the up again on Tuesday, rising almost 0.5% to over 17,550 by mid-afternoon as oil-related stocks inflated on hopes of more oil price gains. Oil service companies Petrofac and Wood Group were among the top risers, with engineer Amec Foster Wheeler a
Read more(ShareCast News) - Intermediate Capital Group said first half pre-tax profits rose to £126.2m from £93.9m, driven by a strong period of capital gains as it said it would implement a progressive dividend policy. The FTSE 250-listed asset manager said fund management profits were up 17% to £34m, with
Read more** Ashmore Group -7.6% and Aberdeen Asset Management -c.6% as US bond yields rise on views Trump's spending plans will push up inflation, possibly triggering more aggressive rate hikes by the Federal Reserve ** Ashmore's worst day since Brexit vote results were announced on June 24, Aberdee
Read more(ShareCast News) - Vodafone: UBS reiterates buy with a target price of 310p. British Land: HSBC reiterantes buy, 738p target. Ophir Energy: Deutsche Bank keeps at neutral with a 95p target. Homeserve: UBS reiterates neutral with a 610p target. Intercontinental Hotels: Credit Suisse keeps at outpe
Read more(ShareCast News) - Intermediate Capital Group said assets under management had jumped 1% to €21.9bn in the quarter to 30 June as as it raise €800bn in new third party money. IGC said it was we are well placed to deal with the uncertainty caused by the UK's vote to leave the European Union, but warne
Read moreLONDON, July 21 (Reuters) - British asset manager Intermediate Capital posted a first-quarter 1 percent rise in assets under management to 21.9 billion euros ($24.16 billion) on Thursday and said Britain's vote to leave the European Union could cut short-term investment. The firm, which spe
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