SDRC.L Share News (SDRC)
SDRC Share
SDRC Share
SDRC Share
SDRC Share
SDRC
SDRC Share
SDRC Broker
SDRC Directors
SDRC Financial
SDRC
SDRC Short
SDRCThu, 03rd Nov 2011 09:08
(ShareCast News) - Fund manager Schroders reported flat profits in the first nine months of the year as its assets under management increased despite a fall in net inflows. For the nine months ended 30 September, the FTSE 100 company had £375bn assets under management, a 27% increase from last year,
Read more(ShareCast News) - Schroders current share price offers an attractive entry point for investors, having dropped said RBC Capital Markets as it upgraded the asset manager to 'outperform'. Setting a price target of 3,100p that offers more than 25% upside, RBC said Schroders had the strongest balance s
Read more(ShareCast News) - Investors in Schroders should take profits now shares have come a long way and income from them is underwhelming, The Times' Tempus column said. Tempus said shares in fund managers are starting to look very expensive, and Schroders has always commanded a premium. The fund's half
Read moreSage Chairman Donald Brydon has purchased 15,000 shares in the company following the surprise announcement of the retirement of its Chief Executive Officer (CEO) by March next year. The FTSE-100 software firm saw its shares spiral following the news, despite it also reporting a 5% increase in half
Read moreSimon Denyer, a joint Chief Executive Officer of Perform, sold around 1.1m shares on Friday, just one day after the digital sports media company announced it had swung to a profit in the first half of the year. Denyer (and related parties) sold a total of 1,100,720 shares for £4.15m. He also made
Read moreAsset manager Schroders is to take a substantial stake in the Indian asset management business of Axis Bank. Schroders is acquiring 25% of Axis Asset Management Company (Axis AMC), a company which has assets of around $2.3bn under management. The transaction is subject to regulatory approval and i
Read moreTemporary power and temperature control solutions provider Aggreko was a top riser after it saw strong growth in revenues in 2011 despite going up against tough comparative figures from 2010, a year which saw the FIFA World Cup, the Winter Olympics and the Asian Games. Group revenue rose 14% to £1,
Read moreBoth the Chairman and the Chief Investment Officer at asset management firm Schroders have announced their intention to step down from their respective roles, a move which caused shares to take a swift dive. Meanwhile, miners were among the highest risers of the day, with Kazakhmys, Antofagasta, V
Read moreBP was rising high after reaching a settlement with its US counterpart Anadarko over the Deepwater Horizon rig explosion at the Macondo asset in the Gulf of Mexico. Anadarko will pay BP $4bn in a single cash payment, which will go into the $20bn trust fund BP set up to meet individual, business and
Read moreThe Footsie finished moderately lower on Monday afternoon as Greek debt crisis dragged on. Financials were among the fallers over concerns of a possible Greek default, as Europe's finance ministers remain at loggerheads over dishing out a chunk of the €110bn bailout money agreed last year for the c
Read moreFinancials are among the fallers over concerns of a possible Greek default, as Europe's finance ministers remain at loggerheads over dishing out a chunk of the €110bn bailout money agreed last year for the country. RBS, Man Group, Hargreaves Lansdown and Schroders were the worst four performers as o
Read moreThe Footsie finished over 1% higher as an afternoon rally was helped by some better-than-expected US non-farm payrolls figures. According to the Bureau of Labor Statistics, non-farm payrolls rose by 244,000 in the month of April, while consensus had been pointing to a gain of 198,000. Banking gian
Read moreCairn Energy is higher following its 2010 results, even though there was no news on the Cairn India stake sale to Vedanta Resources. Cairn posted a net profit of $1.08bn in 2010. An update on the oil explorer's plans for Greenland was generally well received. RBS analyst Phil Corbett said that Gre
Read moreThe rising stock market and last week's strong interim figures have made fund manager Schroders the best performer in the Footsie. Funds under management were £164bn at the end of June 2010, up from £148.4bn at the end of 2009. Legal & General and Barclays - the shares go ex-dividend on Wednesday
Read more
