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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
- REFILE-BUZZ-Asset managers: JP Morgan upgrades DWS to "overweight"
9 Oct 2019 - CORRECT: Intermediate Capital Names Industry Veteran Davies As Chair
2 Oct 2019 - Intermediate Capital Name Industry Veteran Lord Davies As New Chair
2 Oct 2019 - ICG hires former StanChart CEO as chairman
2 Oct 2019 - Finance veteran Lord Davies appointed chair of Intermediate Capital
2 Oct 2019 - Cannacord hikes target on Intermediate Capital Group, stays at 'conviction buy'
20 Sep 2019 - Aberdeen Smaller Cos Income Trust Outperforms Benchmark In Interim
20 Sep 2019 - FTSE 250 movers: Sirius plummets, Sophos climbs
17 Sep 2019
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ICP.L News
REFILE-BUZZ-Asset managers: JP Morgan upgrades DWS to "overweight"
(Removes extraneous word from headline)** JP Morgan ups DWS to "overweight" from "neutral" saying it expects the greater exposure to passive and alt...
CORRECT: Intermediate Capital Names Industry Veteran Davies As Chair
CORRECT: Intermediate Capital Names Industry Veteran Davies As Chair
Intermediate Capital Name Industry Veteran Lord Davies As New Chair
Intermediate Capital Name Industry Veteran Lord Davies As New Chair
ICG hires former StanChart CEO as chairman
LONDON, Oct 2 (Reuters) - Asset manager Intermediate Capital Group said on Wednesday it had hired former Standard Chartered chief executive Mervyn D...
Finance veteran Lord Davies appointed chair of Intermediate Capital
(Sharecast News) - Intermediate Capital Group announced on Wednesday that Lord Davies of Abersoch has been appointed as a non-executive director and c...
Cannacord hikes target on Intermediate Capital Group, stays at 'conviction buy'
(Sharecast News) - Analysts at Cannacord Genuity reiterated their 'conviction buy' recommendation for shares of Intermediate Capital Group following t...
Aberdeen Smaller Cos Income Trust Outperforms Benchmark In Interim
(Alliance News) - Aberdeen Smaller Cos Income Trust PLC said Friday it outperformed its benchmark index in the first half of 2019, driven by supportiv...
FTSE 250 movers: Sirius plummets, Sophos climbs
(Sharecast News) - London's FTSE 250 was down 0.3% at 20,003.51 in afternoon trade on Tuesday, as Sirius Minerals led the index lower.
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