Category : UK

IG Group Holdings plc (LON: IGG) said on Thursday that its profit saw an over 100% growth in the fiscal first half. The company attributed the sharp increase to robust trading volumes in recent months. In related news, IG Group also announced to have proposed £730 million to acquire Tastytrade Inc. – a U.S. based online brokerage and trading-education platform. The offer comprises £218.81 million in cash and another £510.56 million of stock issue. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. IG Group slid more than 0.5% in premarket trading on Thursday and lost another over 1% on Read More

Experian plc (LON: EXPN) said on Tuesday that its organic revenue at constant exchange rates saw a 7% annualised growth in the fiscal third quarter. The company also expressed confidence that its full-year performance will also remain resilient. CEO Brian Cassin commented on the quarterly update on Tuesday and said: “Experian is performing very well, even in the exceptional circumstances created by the pandemic, and we expect to deliver a strong performance for this financial year.” Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. Experian shares, that you can learn to buy online here, Read More

Ashmore Group plc (LON: ASHM) said on Friday that its assets under management (AUM) saw a 9% annualised growth in the fourth quarter of 2020. The company valued its total AUM at £68.06 billion at the end of the year. Ashmore Group was reported more than 2% up in premarket trading on Friday, but it lost almost half of the intraday gain on market open. The money manager is now trading at a per-share price of 451 pence versus a low of 307 pence per share in the first week of April 2020. The price action should come in handy if you are interested in investing in Read More

Plus500 forecasts an over 100% growth in annual revenue. Gal Haber to step down as the company's board director. Plus500 closed 2020 with a 65% gain in the stock market. In a statement on Tuesday, Plus500 Ltd (LON: PLUS) said that it expects an over 100% growth in its annual revenue. The company attributed the hawkish forecast to the Coronavirus pandemic that fuelled trading volumes this year in financial markets. In its report published in July, the British international company had recorded a massive 300% annualised growth in full-year revenue on the back of robust trading volumes in the fiscal first half. Are you Read More