Quindell share price soars after it denies Nationwide Accident sale speculation

first_img Thursday 20 November 2014 8:30 pm Ollie Gordon Flailing insurance outsourcing firm Quindell saw its shares jump over 30 per cent yesterday as it denied rumours it was looking to sell its 25 per cent stake in Nationwide Accident Repair Services.Quindell, which provides claims processing technology to car insurers among other services, issued a statement in response to social media speculation that it was desperately seeking to offload its share in the British building society’s vehicle repair service.The company said in the one-sentence statement: “Quindell, a market leading global provider of professional services and digital solutions, confirms that, contrary to speculation, it is not actively seeking to sell its shares in Nationwide Accident Repair Services.”Quindell’s share price has been on a roller-coaster ride in recent months, easily among one of the London Stock Exchange’s most volatile stocks. It inflated as much as 32 per cent to 56.75p in morning trading yesterday before tapering off to 53p at the close.Shares in Nationwide Accident Repairs Services were down seven per cent to 69.25p.The Hampshire-based Quindell has been through the wringer recently, with the company losing £2bn in market value in just a matter of months. Founder and chairman Rob Terry resigned earlier this week, together with two other Quindell directors, after the company disclosed a complex share-transfer agreement that saw the three directors sell shares to a US securities-backed lender in exchange for cash to buy more Quindell shares. whatsapp Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likezenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailPost FunGreat Songs That Artists Are Now Embarrassed OfPost FunMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorLoan Insurance WealthDolly Parton, 74, Takes off Makeup, Leaves Us With No WordsLoan Insurance WealthPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramElite HeraldKate Middleton Just Dropped An Unexpected Baby BombshellElite Heraldcenter_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof Tags: Quindell Show Comments ▼ whatsapp Quindell share price soars after it denies Nationwide Accident sale speculation last_img read more

Facebook responds to accusations it failed to inform police of plan to murder Lee Rigby

first_img whatsapp Share More From Our Partners LA news reporter doesn’t seem to recognize actor Mark Currythegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comKansas coach fired for using N-word toward Black playerthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Facebook responds to accusations it failed to inform police of plan to murder Lee Rigby Show Comments ▼ Billy Ehrenberg center_img whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoHero WarsAdvertisement This game will keep you up all night!Hero WarsUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoMedical MattersThis Picture Shows Who Prince Harry’s Father Really IsMedical MattersUndoFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorUndoThe Chef PickElisabeth Shue, 57, Sends Fans Wild As She Flaunts Age-Defying FigureThe Chef PickUndo Tuesday 25 November 2014 2:26 pm Facebook has responded to accusations it hosted conversations planning the murder of Fusilier Lee Rigby. Although the site wasn’t expressly named in the report, Facebooks is udnerstood to be the site involved. Michael Adebowale used Facebook to outline his plan to murder a soldier in a “graphic and emotive manner”, according to the Intelligence and Security Committee (ISC). The committee was scathing in its description of social sites, saying they seemed to feel no obligation to report such behaviour. Facebook has now responded:Like everyone else, we were horrified by the vicious murder of Fusilier Lee Rigby. We don’t comment on individual cases but Facebook’s policies are clear, we do not allow terrorist content on the site and take steps to prevent people from using our service for these purposes.The ISC clearly believed that more pro-active steps were required. In its report, it stated: Had MI5 had access to this exchange, their investigation into Adebowale would have become a top priority.  Tags: Facebooklast_img read more

Ryanair says being nicer has lifted earnings

first_img Tags: NULL Joseph Millis Show Comments ▼ IRISH budget airline Ryanair yesterday raised its full-year profit forecast, following a 22 per cent jump in passenger numbers to 6.35m people in the year to November.The airline said it now expected profits to be between €810m and €830m (£636m-£652m), partly due to better customer service.Just last month, Ryanair had raised its profit outlook by 20 per cent to a range of €750m-€770m. The latest profit upgrade sent shares in the airline up 8.5 per cent to €9.46.Ryanair said improvements in customer service had brought about a stronger than expected performance in the first month of its winter schedule.The results represent a turnaround for Ryanair. Last year, it was forced to issue two profit warnings as a result of lower passenger numbers and airfares, which chief executive Michael O’Leary blamed on “three or four years of austerity across Europe”.O’Leary also admitted earlier this year that his high profile abrasiveness might have put some off flying with the airline.In response, Ryanair cut baggage check-in fees in an attempt to boost passenger numbers, and also allowed passengers to book seats for the first time in February, in a response to a similar move from rival EasyJet. Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap Sharecenter_img Ryanair says being nicer has lifted earnings whatsapp whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramHero Wars This game will keep you up all night! Hero Wars MoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For Seniors Thursday 4 December 2014 8:27 pmlast_img read more

Robert Walters stock up 11pc on trading update

first_img Share Show Comments ▼ Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap Ollie Gordon whatsapp whatsapp SHARES in British recruiting giant Robert Walters surged 11 per cent in trading yesterday, after the company forecasted better-than-expected profits for the full year ended 31 December.The multinational mid-market re­cruiter pointed to strong trading across all it markets in the first couple of months of the quarter as a reason for the boosted forecast.The firm said in a statement: “The board of Robert Walters announces that as a result of strong trading across all of the group’s regions in the first two months of the fourth quarter, the profit for the full year ending 31 December 2014 is expected to be materially ahead of market expectations.”It was the third time this year that Robert Walters had raised its full year esti­mates. The firm said in July that profits would be in the upper end of market expectations, and subsequently announced in October that full-year profits would be ahead of expectations. The surge in the company’s stock also made it one of the top gainers on the London Stock Exchange in trading yesterday. The share price finished the day 11.3 per cent up at 304p.Panmure Gordon analysts Adrian Kearsey and Paul Jones switched the recommendation from “hold” to “buy” at the news, saying: “An unexpected update from Robert Walters reveals trading for the current year much better than anticipated, and we upgrade accordingly. We believe im­provements are across the board in terms of geography, though mainly permanent rather than temporary – which bodes well for market confidence going forwards and suggests an on-going improved outlook.”Robert Walters operates 53 offices in 24 countries worldwide. It specialises in the placement of professionals across the industries of accountancy and finance, banking, engineering, HR, IT, legal, sales and marketing, secretarial and support, and supply chain and procurement. The recruiter’s eponymous chief executive, Robert Walters, told City A.M. in October that he expected real-term pay to rise next year – at least in financial services, where a shortage of skills may push up wages. center_img Thursday 4 December 2014 8:25 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramHero Wars This game will keep you up all night! Hero Wars MoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorThe Chef PickElisabeth Shue, 57, Sends Fans Wild As She Flaunts Age-Defying FigureThe Chef Pick Robert Walters stock up 11pc on trading update Tags: NULLlast_img read more

Falkirk MP Eric Joyce charged with assault, criminal damage

first_imgTuesday 16 December 2014 1:00 pm Catherine Neilan Tags: NULL whatsapp Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHero WarsThis game will keep you up all night!Hero WarsTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldcenter_img More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com Falkirk MP Eric Joyce charged with assault, criminal damage Falkirk MP Eric Joyce has been charged with two counts of common assault and one count of criminal damage, following an incident that took place in London during October.  The Labour politiican was arrested for the fourth time in nearly four years after an alleged confrontation took place in a convenience store on October 17 in Chalk Farm Parade, Camden, north London. At the time a 14-year-old boy was also arrested, for possession of cannabis.  At the time Joyce put the following statement on this website:  On the evening of Friday, 16th October I a detained a youth in a shop in London. Damage had been done to the store. I asked the shopkeeper to call the police, and when officers arrived they arrested the youth and informed me that drugs had been recovered from the scene.The officers also informed me that the youth had immediately made a complaint that I had assaulted him by detaining him. I was questioned by the police and told that because of my identity the Crown Prosecution Service (CPS) and the Metropolitan Police Press Office would be informed of the incident.I understand the Metropolitan Police has now made the matter public. I will make no further comment for now, other than to say a) that no alcohol was involved and b) I am not in the habit of summoning the police if I feel that I am in the wrong. He is now due to appear at Highbury Corner Magistrates’ Court on December 30.   Joyce was elected to parliament in 2000, though was suspended from the Labour Party in 2012 after he was arrested on suspicion of assault in March of that year, to which he pleaded guilty.  The following year he was arrested but not prosecuted for the same offence.  Both incidents took place in the House of Commons bar, and were related to alcohol.  Separately, he was arrested in November 2010 for failing to provide a breath test following a motoring incident in Falkirk. He pleaded guilty and was fined £400, as well as being banned for driving for a year.  whatsapp Sharelast_img read more

FBI confirms Sony hack was definitely North Korea – but maybe also China

first_imgFriday 19 December 2014 12:00 pm Show Comments ▼ The FBI confirmed today that a massive data breach at Sony’s movie production arm was, indeed, rooted in North Korea.North Korea seemed the obvious perpetrator, given the group behind the hack, Guardians of Peace, purported to take offence at upcoming movie Seth Rogen movie The Interview, which centres around a plot to kill North Korean leader Kim Jong-un.  However, there has been confusion over where the hack originated, after experts cast doubt on the idea it was North Korea.But the US official confirmed today that its investigations showed North Korea had been behind it, alongside a possible Chinese link, which came in the form of either collaboration with Chinese agencies or using servers in China to mask the origination of the hack. In a statement, it said: Technical analysis of the data deletion malware used in this attack revealed links to other malware that the FBI knows North Korean actors previously developed. For example, there were similarities in specific lines of code, encryption algorithms, data deletion methods and compromised networks.The FBI also observed significant overlap between the infrastructure of this attack and other malicious cyber activity the US government has previously linked directly to North Korea. For example, the FBI discovered that several internet protocol (IP) addresses associated with known North Korean infrastructure with IP addresses that were hardcoded into the data deletion malware used in this attack.It added that the move was intended to inflict “significant harm” on US businesses. Such acts of intimidation fall outside the bounds of acceptable state behavior. The FBI takes seriously any attempt – whether through cyber-enabled means, threats of violence, or otherwise – to undermine the social prosperity of our citizens.Yesterday, the company confirmed plans to withdraw the release of the movie altogether after threats by Guardians of Peace caused most major US movie theatres to decide against showing it.White House spokesman Josh Earnest had said US officials were considering an “appropriate response” to the hack, under which thousands of gigabytes of data – including five movies, the script to the next James Bond film and thousands of personal emails – were leaked. FBI confirms Sony hack was definitely North Korea – but maybe also China Sharecenter_img whatsapp whatsapp Emma Haslett Tags: Sonylast_img read more

Uber’s Travis Kalanick wants to create 50,000 jobs in Europe

first_img whatsapp Uber’s Travis Kalanick wants to create 50,000 jobs in Europe Jeff Misenti Show Comments ▼ Sunday 18 January 2015 10:55 amcenter_img whatsapp Share Uber’s chief executive Travis Kalanick has delivered a major speech on the company’s future in Europe.Kalanick announced 2015 would the year that Uber worked with city authorities across Europe to introduce “progressive regulation” and work to update analogue rules. This follows the approach Uber has taken in the US. Uber’s top boss struck a conciliatory tone toward regulators saying he understood and welcomed the need for some forms of regulation. Kalanick pointed to Uber in the US where drivers undergo thorough background checks, as well as significant insurance.In good news for Uber riders in Europe, the company’s service UberPool in which passengers can share hired cars with riders travelling to roughly the same destination, could see a large proportion of rides become as cheap as €2.5.Building on Uber’s already impressive growth, the company hopes to create 50,000 jobs in Europe this year and take 400,000 cars off the road. Since Uber’s arrival in London two years ago the San Francisco start up has created 7,800 jobs and 900,000 people have used the service.Kalanick’s ambition is for Uber to be consistently available to customers within five minutes. However, while Uber may be looking to make-up with regulators after a series of clashes last year, Kalanick had some tough words for the existing taxi industry.Kalanick said the industry had been responsible for “regulatory capture” and was guilty of creating barriers to entry. He used New York as an example, where the total number of taxis has barely grown in the last 60 years.The taxi industry had, in Kalanick’s words, created an “artificial scarcity” and led to a situation where taxi drivers were paying a large premium for the privilege of driving a car. These drivers, according to Kalanick, were spending “$40,000 a year to be impoverished”.When questioned about Uber’s safety, Kalanick said many people would feel more comfortable in an Uber than a traditional taxi. Uber has faced intense opposition from existing taxi companies and private hire vehicles across Europe.In London, over 20,000 taxi and minicab drivers are demanding the government clamp down on Uber. The drivers, many of whom are represented by the Licensed Private Hire Car (LPHCA), say they want to put an end to Uber’s alleged “unfair” tax arrangements.Chairman of the LPHCA, Steve Wright claimed Uber was benefitting from an “unfair competitive advantage” by operating via a company in the Netherlands. Tags: Uberlast_img read more

Housing tops election wish list for tenants

first_img Show Comments ▼ Housing tops election wish list for tenants HOUSING is as much as an election concern as the NHS for tenants, new survey data shows.Housing was placed at the top of the agenda by 16 per cent of tenants. This is equivalent to the 16 per cent who cited healthcare, according to figures released today by property services firm LSL. However, healthcare was higher in importance than housing for first-time buyers. Thursday 29 January 2015 9:05 pm Share Tags: NULL Express KCS whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapplast_img read more

US corporate results round up

first_imgPepsiCo serves up sweet resultsPepsiCo yesterday reported a higher-than-expected quarterly profit, helped by increased sales at its Frito-Lay snack business which makes Doritos and Walkers crisps, and said it would buy back up to $12bn in stock by 2018. The company also raised its annual dividend by 7.3 per cent to $2.81 per share and said it expected to return between $8.5bn and $9bn to shareholders through payouts and buybacks this year.Aol fails to dial up revenue growthFormer internet giant Aol last night said it expects display advertising revenue in the US to decline in the first half of the year, after reporting a lower-than-expected quarterly revenue. The owner of the Huffington Post and the TechCrunch blog said total revenue rose 4.6 per cent to $710.3m, short of the average analyst estimate of $721.8m. Aol managed to earn 92 cents per share, above analysts’ estimates.Cisco switches on higher profitsNetwork equipment maker Cisco Systems reported a seven per cent rise in quarterly revenue last night, helped by higher demand for switching equipment and routers. The company’s profit rose to $2.4bn, or 46 cents per share, in the second quarter ended 24 January, from $1.43bn, or 27 cents per share, a year earlier. Its revenue rose to $11.94bn from $11.16bn. Shares rose four per cent during after hours trading.BGC finance chief to step downUS interdealer broker BGC Partners yesterday said its finance chief Graham Sadler would retire along with fourth quarter results in line with expectations. The group posted earnings of 18 cents per share, matching analysts estimates, and revenues of $515.5m, above estimates of $509.5m. The company said it would begin a search for a new chief executive immediately and Sadler would stay until a successor is found.MarkIt counts more customersLondon-headquartered financial information services group MarkIt yesterday posted an 11.3 per cent rise in fourth quarter revenue to $271.4m. “I am particularly pleased by our strong customer retention and our ability to attract new customers in significant numbers,” said chairman and chief executive Lance Uggla. Adjusted core earnings grew 15 per cent to $124.7m for the quarter to 31 December.High end car chips boost NvidiaNvidia last night posted higher quarterly results that beat analyst expectations, sending shares in the graphics chipmaker higher. Nvidia is trying to expand its graphics technology beyond the sluggish PC industry with its line of chips for mobile and for cars. The firm reported fourth-quarter revenue of $1.25bn, up nine per cent from a year ago and above an expected $1.203bn. Earnings per share were 43 cents. Express KCS whatsapp Show Comments ▼ Tags: NULL Wednesday 11 February 2015 8:42 pmcenter_img whatsapp US corporate results round up Sharelast_img read more

Troubled Serco could be target for short-sellers

first_img Share Show Comments ▼ whatsapp Struggling outsourcing firm Serco is attracting attention from short-sellers, who are expecting further bad news from the company this year.Hampshire-based Serco revealed in November that it was to raise £550m through a rights issue, at the same time announcing a profit warning for 2014. The firm did not pay a dividend last year as part of its attempts to deal with its debt situation.Institutions and hedge funds including BlackRock, BlueCrest and JP Morgan are reported to be counting on a fall in Serco’s share price, which has risen by 25 per cent so far this year.Serco has been beset by a series of difficulties in the recent past. As well as its financial problems, the firm was investigated in 2013 for over-charging the government for the electronic tagging of criminals. Serco declined to comment yesterday. Express KCS Sunday 15 February 2015 11:42 pm whatsapp Read This NextBill Maher Pokes Fun at Joe Manchin: He’s a ‘Democrat Except on Matters ofThe Wrap’No Sudden Move’ Film Review: Steven Soderbergh Very Stylishly OverplaysThe WrapAzealia Banks Blasts Candace Owens’ Juneteenth Diss With Callback toThe WrapWATCH: Pittsburgh Pirates hold off Cleveland Indians to snap 10-game skidSportsnautFrom ‘Ratched’ to ‘Halston’: One Editor’s Literal Double TakeThe WrapDave Portnoy, Founder of Barstool Sports, Briefly Suspended From TwitterThe Wrap’Pride’ and Joy: How the FX Docuseries Examines LGBTQ+ Life Through theThe Wrap35 of TV’s Best Father Figures Who Weren’t Actually Dads, From Mr.The WrapHow ‘Silence of the Lambs’ Inspired Elisabeth Moss’s Directing inThe Wrap Troubled Serco could be target for short-sellers Tags: Company Serco Grouplast_img read more