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Pin to quick picksTeam Internet Share News (TIG)

Share Price Information for Team Internet (TIG)

London Stock Exchange
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Share Price: 179.80
Bid: 180.00
Ask: 181.40
Change: -6.80 (-3.64%)
Spread: 1.40 (0.778%)
Open: 185.00
High: 187.80
Low: 179.80
Prev. Close: 186.60
TIG Live PriceLast checked at -

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London close: Footsie moves past 5,800

Wed, 14th Apr 2010 16:35

Positive sentiment as the US first quarter earnings season gets under way helped inject a bit of life into Footsie following recent sluggishness, sending it past the 5,800 point mark, though it settled slightly lower.Forecast-topping results from computer chip maker Intel yesterday were interpreted as a clear sign that the recovery in the global economy is not running out of steam, and that has led to a rise in base metal prices which, in turn, has lifted the likes of Xstrata and the Kazakh pair Kazakhmys and Eurasian Natural Resources.JP Morgan also pleased the market after the second-biggest US bank by assets said net income climbed to $3.33bn, or 74 cents a share, compared with $2.14bn, or 40 cents, last year. The figure beat analysts' forecasts of 64 cents per share.In company news here, silver and gold producer Fresnillo said first quarter gold production exceeded its expectations. Quarterly attributable gold production increased by 31.5% over the same period last year to a record level of 85,097 ounces, as commercial production at Soledad-Dipolos kicked in during January 2010.On the ex-dividend front heavyweights Legal & General, Capita, BG Group and Tullow Oil are all trading today without the right to their recently announced dividends. Coincidentally, two of those companies featured in an announcement of a board room appointment this morning. Outsourcing giant Capita has appointed Dr. Nigel Wilson, chief financial officer of insurer Legal & General to its board as a non-executive director. Wilson will be the senior non-exec on the Capita board and will sit on the company's Nomination, Remuneration and Audit Committees.Insurer Prudential pulled a bit of a surprise when it chose Rob Devey, chief executive of Prudential UK and Europe, to handle the integration of the Asian assets of fallen US life assurance giant AIG into Prudential Corporation Asia (PCA). Many observers had expected current chief executive of PCA, Barry Stowe, to be handed the task.JD Sports Fashion beat the sky-high expectations of most City analysts when it published full-year figures. Total revenue increased by £98.9m to £769.8m in the 52 weeks ended 30 January, while like for like revenue rose by 2.5%. Profit before tax and exceptional items was up 26% to £67.4m versus expectations for pre-tax profit of £63.28m on sales of £734.6m.Engineering consultant WS Atkins said it has continued to perform strongly and expects full-year results to be slightly ahead of current market forecasts. With net funds at 31 March 2010 expected to be around £300m, the financial position of the group remains strong, it added.Emerging markets asset manager Ashmore said the third quarter saw assets under management increase 4% to $33bn. The drivers of this were net inflows of $0.8bn principally into the external debt and local currency themes, and positive performance of $0.6bn, the group said.HomeServe, the home maintenance specialist, is extending its US reach with the acquisition of National Grid Energy Services' service contract business.Housebuilding and construction group Galliford Try is hooking up again with affordable housing provider the Affinity Sutton Group to buy and develop two sites in the south east of England. The pair plan to build 206 homes on sites in Haywards Heath and Orpington.Panmure Gordon has initiated coverage of stock market darling Domino's Pizza with a 'sell' recommendation and a 300p price target, saying "the current valuation fails to adequately reflect the emerging headwinds to LFL [like for like] sales growth."In other broker action clothing brand Burberry checks in to the list of major FTSE 100 risers after being given the thumbs up Deutsche Bank, which has raised its price target to 750p from 650p, while telecoms giant BT Group heads the list of Footsie leaders after Morgan Stanley suggested the shares are substantially undervalued in comparison with US counterparts such as AT&T.Deutsche Bank has been less generous to British Sugar and Primark owner Associated British Foods which it has downgraded to 'sell' from 'hold'.Lender International Personal Finance returned to the black in the first quarter as it added more customers and saw an improvement in economic conditions. The group, which provides small short-term loans to customers in eastern Europe and Mexico, said it made a good start to 2010 and reported a pre-tax profit of £2m in the first quarter of the year compared to a loss of £8.5m the year before. Property and insurance software firm Innovation has had its software contract with one of the world's largest vehicle management groups extended by three years. The contract extension will start from January 2011 and will see Innovation continue to provide accident management services to the customer, as it has been since 2004. Marketing software firm Alterian expects full year results to be in line with expectations, which will come as a relief to shareholders worried about contract delays. "Following contract slippage in the third quarter, the business has performed in line with expectations during the fourth quarter," said Alterian's chief executive officer David Eldridge.Shares in Ukrainian grain and oilseed grower Landkom shot up after it said its crops were barely affected by the cold winter weather that ravaged fields elsewhere in the country. European coal miner New World Resources' shares are wanted after it said average prices for the coking coal it has agreed to sell up to March next year are up by 87% from average 2009 prices at €163 a tonne.Argentina and Chile-focused exploration and development group Mariana Resources is also in demand after saying it has signed a letter of intent with Cliffs Natural Resources Exploration, a subsidiary of the US mining company Cliffs Natural Resources, to explore for iron oxide-copper-gold deposits in north-central Chile.FTSE 100 - RisersBT Group (BT.A) 129.10p +4.37%Eurasian Natural Resources (ENRC) 1,245.00p +4.01%Barclays (BARC) 373.50p +2.89%Burberry Group (BRBY) 717.00p +2.87%Fresnillo (FRES) 870.00p +2.84%Standard Chartered (STAN) 1,809.00p +2.78%Pearson (PSON) 1,018.00p +2.52%Xstrata (XTA) 1,291.00p +2.38%Rio Tinto (RIO) 3,959.50p +2.11%WPP Group (WPP) 705.50p +2.10%FTSE 100 - FallersLegal & General Group (LGEN) 91.70p -1.93%Associated British Foods (ABF) 970.00p -1.77%Next (NXT) 2,292.00p -1.33%Cobham (COB) 272.30p -1.30%British American Tobacco (BATS) 2,224.00p -1.16%Reckitt Benckiser Group (RB.) 3,575.00p -1.16%TUI Travel (TT.) 299.40p -0.99%AstraZeneca (AZN) 2,910.00p -0.95%Compass Group (CPG) 527.00p -0.94%Cairn Energy (CNE) 416.40p -0.76%FTSE 250 - RisersYell Group (YELL) 54.65p +8.22%Paragon Group Of Companies (PAG) 160.00p +6.52%Spectris (SXS) 889.00p +6.40%Homeserve (HSV) 1,897.00p +5.68%Cable & Wireless Communications (CWC) 62.90p +4.57%Imagination Technologies (IMG) 252.00p +4.35%Logica (LOG) 143.60p +4.21%Computacenter (CCC) 322.00p +3.87%Aquarius Platinum Ltd. (AQP) 451.30p +3.75%Atkins (WS) (ATK) 672.00p +3.46%FTSE 250 - FallersDomino's Pizza UK & IRL (DOM) 341.00p -4.75%Filtrona PLC (FLTR) 215.40p -3.54%EnQuest (ENQ) 104.10p -3.16%Mcbride (MCB) 222.30p -2.50%RPS Group (RPS) 208.00p -2.35%TalkTalk Telecom Group (TALK) 135.80p -2.30%SDL International (SDL) 475.70p -2.20%Bodycote (BOY) 202.20p -2.18%United Business Media (UBM) 540.00p -2.09%Big Yellow Group (BYG) 319.80p -2.05%
More News
9 May 2013 11:42

Innovation re-signs contract with South African insurer

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-

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29 Apr 2013 16:00

STOCKS NEWS EUROPE-UK small caps close up 0.3 pct

UK small caps close up 0.3 percent, compared to gains of 0.1 percent on the mid-caps and the blue chips. Innovation Group gains 1.9 percent after signing a strategic agreement with insurer AXA France. "We see Innovation Group entering a period of earnings momentum and this win, along

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29 Apr 2013 08:57

STOCKS NEWS EUROPE-UK small caps rise 0.1 pct, in line with FTSE

UK small caps rise 0.1 percent in morning trade, in line with the blue chips but underperforming the mid-caps, up 0.2 percent. Innovation Group gains 1.9 percent to 26.25 pence after signing a strategic agreement with insurer AXA France. "Very pleasing news from Innovation Group... Th

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29 Apr 2013 08:17

Monday broker round-up UPDATE

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

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26 Apr 2013 10:22

Innovation signs seven-year contract with UK insurer

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

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19 Dec 2012 16:30

Former Guinness Peat Chairman trims his stake...again

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.

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5 Dec 2012 14:57

Sector movers: Sage drags IT sector lower after full-year results

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

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5 Dec 2012 10:59

Revenue up 10 per cent at Innovation Group

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

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21 Nov 2012 07:10

Wednesday broker round-up UPDATE

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.

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14 Nov 2012 14:09

Innovation Group wins US contract

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

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18 Sep 2012 17:08

Directors' deals balance the scale at Advanced Computer Software

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

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5 Sep 2012 16:16

Wife of Admiral CEO buys 1.6m pounds-worth of shares

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

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17 Aug 2012 11:06

Good trading continues at Innovation Group

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

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1 Mar 2012 11:18

Innovation wins contract with Direct Line

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

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16 Feb 2012 07:42

Innovation in gear for year

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

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