IG Share News (IGG)

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Record names Heading as new CFO as Cullen to retire

Record PLC - Windsor, England-based currency and derivatives manager - Chief Financial Officer Steve Cullen announces intention to retire in summer this year. He will remain available on an advisory basis, to support the handover and transition of his responsibilities. Record simultaneously announces hiring of Richard Heading as new CFO, and says it will confirm the exact date of his appointment in due course. Heading was most recently group finance director of IG Group Holdings PLC, having previously served as its business finance director from September 2018 to March 2021. News follows announcement in November that Chief Executive Officer Leslie Hill will also retire on March 31, with Record formerly installing Jan Witte as her replacement on April 1. CFO Cullen has spent 20 years at Record and was promoted to CFO in 2013.

London close: Stocks firmer as US payrolls beat forecasts

(Sharecast News) - London's financial markets closed positively on Friday as investors digested the latest non-farm payrolls report out of the United States.

LONDON MARKET OPEN: Stocks head higher; Anglo American drops

(Alliance News) - Stocks in London opened on the front foot on Friday, with the focal point of the day set to be US jobs data.

IN BRIEF: IG Group hires former Flutter chief Corcoran as new CEO

IG Group Holdings PLC - London-based online trading provider - Announces appointment of Breon Corcoran as new chief executive officer, effective from January 29, following "a comprehensive global search process". Once Corcoran joins the company, Interim CEO & Group CFO Charlie Rozes will continue in his CFO role. Corcoran's "extensive experience leading multinational fintech companies" includes serving as CEO of FTSE 100 betting company Flutter Entertainment PLC until 2018, during which time he oversaw the 2016 creation of Flutter through the merger of Paddy Power and Betfair. He then served as CEO of WorldRemit Ltd until 2022.

IG Group appoints Breon Corcoran as CEO

(Sharecast News) - Online trading platform IG Group said on Friday that it has appointed Breon Corcoran as its new chief executive officer.

IN BRIEF: IG Group starts second tranche of GBP250 million buyback

IG Group Holdings PLC - London-based online trading provider - Commences second tranche of GBP250 million share buyback programme announced in late July. Says this tranche is for up to GBP150 million, and will end on or before July 31. Maximum 40.5 million shares are available for purchase.

LONDON BROKER RATINGS: Goldman says 'sell' Segro; JPMorgan cuts BP

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

London close: Stocks finish mixed, Rolls-Royce jumps on upgrade

(Sharecast News) - London's stock markets saw a mixed performance on Tuesday, with Rolls-Royce recording solid gains after a rating upgrade, while BP fell on disappointing third-quarter numbers.

LONDON MARKET MIDDAY: Stocks up despite Eurozone recession fear

(Alliance News) - Stock prices in Europe were higher at midday Tuesday, despite new data adding to fears that the Eurozone may sink into recession.

IG Group sets out cost savings drive as plans to cut headcount by 10%

(Alliance News) - IG Group Holdings PLC on Tuesday said it is taking steps to streamline its business, including cutting its worldwide headcount by 10%.

LONDON MARKET OPEN: Stocks rise; BP shares fall on profit miss

(Alliance News) - The FTSE 100 opened in the green on Tuesday, despite a share price fall for BP, one of the index's largest constituents, amid more positive trading sentiment in Europe and the US.

LONDON BRIEFING: BP announces buyback; IG to cut 10% of staff

(Alliance News) - Stocks in London are called higher on Tuesday, as the FTSE 100 looks set to shake off weaker economic data from China.

IG Group to cut 10% of workforce

(Sharecast News) - IG Group said on Tuesday that it was planning to cut around 10% of its worldwide workforce as it looks to cut costs and streamline the business.

UK dividends calendar - next 7 days