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BUZZ-Intermediate Capital: year low in sight
Intermediate Capital shares getting punished on volumeon an earnings miss.
** Company is gathering assets, returning capital toshareholders and enjoys analysts' support. Yet shares areheading towards their lowest this year.
** 11% rise in profits for year to March 2014 profitsunderwhelms.
** Company says it raised a record amount of money acrossits products to boost third party assets under management by 8percent to 10.7 billion euros ($14.68 billion).
** No "sells" on the stock from analysts and stock pricediverging from mean target. http://link.reuters.com/gaw49v
(RM: vikram.subhedar.thomsonreuters.com@reuters.net)
Latest ICP News
- LONDON BROKER RATINGS: Berenberg cuts target prices for miners
9 Jan 2024 - LONDON BRIEFING: B&M to declare special payout; strong start for Unite
9 Jan 2024 - UK dividends calendar - next 7 days
2 Jan 2024 - LONDON BROKER RATINGS: SocGen cuts Centrica; Barclays raises Trainline
15 Dec 2023 - UK dividends calendar - next 7 days
30 Nov 2023 - TOP NEWS: Hargreaves Lansdown dumped out of FTSE 100; AO joins 250s
29 Nov 2023 - ICG to replace Hargreaves Lansdown on FTSE 100 in latest reshuffle
22 Nov 2023 - TOP NEWS: Intermediate Capital set to replace Hargreaves in FTSE 100
21 Nov 2023
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ICP.L News
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