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HSBC Buys 5% Of Fidessa Shares Ahead Of ION Capital Acquisition (ALLISS)

Wed, 02nd May 2018 17:19

LONDON (Alliance News) - Investment management software developer Fidessa Group PLC said on Wednesday that HSBC Holdings PLC bought a 5% stake in the company.

HSBC bought a total of 38.8 million shares in Fidessa in a transaction which was completed on Tuesday.

Last week, FTSE 250-listed Fidessa accepted an offer of GBP38.703 in cash for each of its 40.1 million shares by ION Capital UK Ltd.

Shares in Fidessa Group closed down 0.2% at 3,925.00 pence.

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3 Aug 2015 16:42

FTSE 250 Movers: Fidessa Group, Kaz Minerals, Premier Oil lead decline

(ShareCast News) - London's mid-cap index lowered after oil prices dragged mining and oil stocks down. The FTSE 250 index fell 0.19% at 17,644.65 by 1549 BST on Monday. Shares in trading platforms company Fidessa plunged after the company reported a 1.5% decline in year on year pre-tax profit to £1

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3 Aug 2015 15:50

LONDON MARKET CLOSE: Weak Commodities Prices Continue To Stifle Stocks

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3 Aug 2015 13:35

Broker tips: Lloyds, Weir Group, Fidessa

(ShareCast News) - Charles Stanley downgraded Lloyds Banking Group to 'hold' from 'accumulate', citing tax and PPI headwinds. It also said that with the shares trading on a premium rating of 1.6x 30 June 2015 tangible book value, material near-term upside may be limited. However, the brokerage stil

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3 Aug 2015 12:48

Numis downgrades Fidessa to 'hold' from 'buy' off cautious outlook

(ShareCast News) - Analysts at Numis downgraded their rating for trading platforms company Fidessa to 'hold' from 'buy' after the company released its first half result. Shares in Fidessa plunged by more than 10% to 2,157p this morning after the London-listed company reported a 1.5% decline year-on-

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3 Aug 2015 11:13

LONDON MARKET MIDDAY: China-Induced Commodities Rout Weighs On Stocks

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3 Aug 2015 10:13

TOP NEWS SUMMARY: HSBC Exits Brazil As BG Expands Oil Production There

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3 Aug 2015 09:43

LONDON MARKET MID-MORNING: FTSE 100 Held Back By Resource Stocks

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3 Aug 2015 09:29

WINNERS & LOSERS SUMMARY: Intertek Shares Surge On Higher Profit

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3 Aug 2015 09:06

Fidessa plunges despite increase in interim revenue

(ShareCast News) - Trading firm Fidessa Group said the investment it has made into exploring new revenue channels has made a "small impact" on its operating margin. The London-listed company reported a 1.5% decline year-on-year in pre-tax profit to £19.4m, while revenue rose 7% to £145.9m and expens

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3 Aug 2015 08:40

BROKER RATINGS SUMMARY: Banks Put Shell On Buy, BG On Overweight

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3 Aug 2015 08:36

BUZZ-Fidessa Group: set for worst drop in 7 yrs as sluggish 2016 looms

** Trading software maker Fidessa down 10 pct and poised for worst one-day drop since Oct 2008 on worries over a tough 2016 ** Stock is worst performing FTSE midcap with losses coming on heavy volumes that see more than a full-day's average traded in the first hour ** Co says increase

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3 Aug 2015 07:23

LONDON BRIEFING: HSBC And Intertek Shares Rise On Positive Earnings

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3 Aug 2015 06:52

Fidessa Says Investment Having "Small Impact" On Operating Margin

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3 Aug 2015 05:58

LONDON MARKET EARLY CALL: Futures Down As Chinese PMI Contracts Again

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3 Aug 2015 05:19

Earnings, Trading Statements Calendar - Week Ahead

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