InterQuest Group Share News (ITQ)

InterQuest Group Profits Boosted By Restructuring, Subsidiary Sale

Soon-to-retire G4S CFO sells up

Trevor Dighton, the outgoing Chief Financial Officer (CFO) of security group G4S, on Wednesday reduced his stake by 400,000 shares ahead of his departure at the end of April. Dighton, who announced his plans to retire from the company last month, traded in the shares at 295.80p each, resulting in

Small cap round-up: InterQuest, ValiRx, Aeorema Comms

InterQuest has warned that trading during the summer, traditionally its strongest period, has been sluggish. As a result underlying earnings before interest, tax, depreciation and amortisation (EBITDA) will be in the region of 2.2m pounds. This does not include an exceptional credit of about 0.85m p

InterQuest gets one million pounds in settlement

Specialist IT recruitment company InterQuest is to receive £1m as an out of court settlement from the vendors of CCL and should receive the money by December 7th 2012. As a result of the settlement InterQuest has discontinued its warranty claim. The settlement was reached on the basis that the vend

IG Group's COO more than halves stake

Peter Hetherington, the Chief Operating Officer of spread betting firm IG Group has more than halved his stake in the company just a fortnight after it reported a decline in first quarter revenue, as it ran up against strong figures from a year earlier, when markets were particularly volatile. Het

Small caps round-up: YouGov, Sareum and InterQuest...

Environmental Recycling Technologies, which owns the rights to the Powder Impression Moulding (PIM) process which is capable of converting mixed waste plastics into commercially viable products, has confirmed that its US parent application, entitled 'Process for Forming Plastic, Apparatuses for Form

Bodycote CEO ditches chunk of shares

Stephen Harris, who has held the role of Chief Executive Officer at FTSE 250 heat treatment firm Bodycote for over three years, sliced off a sizeable chunk of his shares on May 4th. Harris, who has also been a director of Spectris, ditched 94,000 shares at 421.00p each, earning himself the handsom

IT recruitment picking up says InterQuest

Specialist IT recruitment firm, InterQuest, said its market was strengthening, with the number of contractors it had placed increasing by 4% since early January. The company said it was seeing signs the public sector had now stabilised while growth continued in its financial services focused busine

InterQuest looks forward to 2011

IT staff recruiter InterQuest Group says there is much more visibility to its business than there was in the middle of 2011. AIM-quoted InterQuest continued to trade strongly in the second half of 2010 even though it was cautious at the interim stage. Financial services customers are spending mo

Small caps round-up: InterQuest, San Leon, Horizonte Minerals...

IT recruitment group Interquest traded in line with expectations in 2010 as strength in financial services offset a drop-off in public sector business. Ahead of results out on 8 March, executive chairman Gary Ashworth said it has remained profitable through the downturn. "While we have, as anticip

Friday tips round-up: LSE, Petrofac...

The pending merger of Bats Global Markets of the US and Chi-X looks like the end of an interesting if, with the benefit of hindsight, doomed experiment. The question now is what effect will it have on the LSE's revenues to have one real rival, with a market share of maybe a third in FTSE 100 stocks,

Luke Johnson cuts ties with InterQuest

Entrepreneur Luke Johnson has left IT recruiter InterQuest's board and he has sold his stake in the AIM-quoted company. Johnson's 3.03m shares (9.7% of the company) were placed at an average price of 53p a share. Jim Mellon bought 1.82m of these shares giving him a 5.8% stake. InterQuest raised £

Small caps round-up: ILA, Indus Gas, Minera...

ILA, which makes personal alarms for women, has won two big orders, one from the department store House of Fraser and one from the Canadian book retailer Indigo Books. But the shares are down nearly 9%. Losses widened at Indus Gas in the year to March 31, but the India-focused oil and gas group has

Small caps: Silence Therapeutics, Eros, Interquest,...

Silence Therapeutics has agreed a one-year extension of its ongoing research and development collaboration with AstraZeneca. The pair are working on five therapeutic molecules addressing respiratory and oncology indications. Film distributor Eros traded well in the second half of the financial year

MARKET TALK: Merchant Securities Keeps InterQuest Buy Rating

0834 GMT [Dow Jones] Merchant Securities keeps a buy rating on IT staffing firm InterQuest Group (ITQ.LN) following strong trading in the first quarter of 2010. Says the public sector accounts for 21% of group net fee income against 29% last year. Reckons a stronger private sector is offsetting any