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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
- MOVES-ICG hires Morgan Stanley's Jones to build U.S. private equity business
17 Sep 2019 - CORRECTED-MOVES-ICG hires Morgan Stanley's Jones to build U.S. private equity business
17 Sep 2019 - LONDON MARKET CLOSE: Stocks Fall As Middle East Instability In Focus
16 Sep 2019 - BROKER RATINGS SUMMARY: HSBC Raises Berkeley And McCarthy & Stone
9 Sep 2019 - UK Earnings, Trading Statements Calendar - Next 7 Days
18 Jul 2019 - UK Shareholder Meetings Calendar - Next 7 Days
18 Jul 2019 - Wednesday broker round-up
29 May 2019 - Director dealings: Intermediate Capital chairman raises stake
28 May 2019
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ICP.L News
MOVES-ICG hires Morgan Stanley's Jones to build U.S. private equity business
LONDON, Sept 17 (Reuters) - Intermediate Capital Group said on Tuesday it had hired 25-year Morgan Stanley veteran Alex Jones to build a North Ameri...
CORRECTED-MOVES-ICG hires Morgan Stanley's Jones to build U.S. private equity business
(Corrects name in first paragraph)LONDON, Sept 17 (Reuters) - Intermediate Capital Group said on Tuesday it had hired 25-year Morgan Stanley veteran...
LONDON MARKET CLOSE: Stocks Fall As Middle East Instability In Focus
(Alliance News) - The threat of further destabilisation in the Middle East following a drone attack on a Saudi Arabian oil plant kept stocks broadly i...
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Wednesday broker round-up
(Sharecast News) - Serco: RBC Capital Markets upgrades to outperform with a target price of 150p.
Director dealings: Intermediate Capital chairman raises stake
(Sharecast News) - Intermediate Capital Group revealed on Tuesday that chairman Kevin Parry had purchased 7,720 ordinary shares in the FTSE 250-listed...
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