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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
- Europe midday: Investors pause for breath amid bad news for German and Italian economies
4 Apr 2019 - Former ICG Boss Christophe Evain Joins Land Securities Board
21 Mar 2019 - Director dealings: Intermediate Capital director ups stake
27 Feb 2019 - Intermediate Capital Appoints New Chief Financial & Operating Officer
1 Feb 2019 - Intermediate Capital posts 5% jump in Q3 AuM
29 Jan 2019 - LONDON MARKET OPEN: Domino's Pizza And PZ Cussons Send FTSE 250 Lower
29 Jan 2019 - UK Earnings, Trading Statements Calendar - Next 7 Days
22 Jan 2019 - LONDON MARKET MIDDAY: Shares Hold Onto Gains As May Faces Down Critics
19 Nov 2018
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ICP.L News
Europe midday: Investors pause for breath amid bad news for German and Italian economies
(Sharecast News) - Stocks on the Continent are trading slightly lower as investors pause for breath amid a spate of downbeat news on the euro area's e...
Former ICG Boss Christophe Evain Joins Land Securities Board
LONDON (Alliance News) - The former chief executive of Intermediate Capital Group PLC is to join the board of Land Securities Group PLC, Landsec said ...
Director dealings: Intermediate Capital director ups stake
(Sharecast News) - Intermediate Capital director Michael Nelligan acquired 12,000 ordinary shares in the FTSE 250-listed asset manager on Wednesday.
Intermediate Capital Appoints New Chief Financial & Operating Officer
LONDON (Alliance News) - Intermediate Capital Group PLC on Friday said it has appointed Vijay Bharadia as both chief financial and operations officer ...
Intermediate Capital posts 5% jump in Q3 AuM
(Sharecast News) - Intermediate Capital Group posted a 5% rise in assets under management for the third quarter on Tuesday amid steady demand.
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