|Bid||0.00 x 180000|
|Ask||0.00 x 180000|
|Day's range||5.90 - 5.98|
|52-week range||5.42 - 8.21|
|PE ratio (TTM)||84.23|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
Oct (Shenzhen: 000069.SZ - news) 16 (Reuters) - Capita staff represented by British trade union Unite will go on strike after talks with the company over changes to its defined benefit pension scheme failed, the union said on Monday. Last month, members voted to take strike action in a ballot, although an earlier strike was called off while last-minute talks took place. Capita said on Monday it put forward a "material improvement" to its offer to the small proportion of its workers who were still in its defined benefit pension scheme.
Harvey Jones says Capita plc (LON: CPI) is just one of several bargains to be found in today's otherwise pricey stock market.
Lewis, who ran oil services company Amec Foster Wheeler for more than a year, has also held senior roles at U.S.-based oilfield services provider Halliburton Co (HAL.N), including running a software division. Capita offers IT-based services to public and private sector companies so they can cut costs, but has been hit by delays in spending decisions after Britain's vote to leave the European Union and struggling to manage a diverse spread of activities.
Oct (Shenzhen: 000069.SZ - news) 10 (Reuters) - Capita has picked turnaround specialist Jonathan Lewis as its new chief executive, with a remit to overhaul the British outsourcing firm after a string of profit warnings. Lewis, who ran oil services company Amec Foster Wheeler (Other OTC: AMCBF - news) for more than a year, has also held senior roles at U.S.-based oilfield services provider Halliburton Co, including running a software division. Capita offers IT-based services to public and private sector companies so they can cut costs, but has been hit by delays in spending decisions after Britain's vote to leave the European Union and struggling to manage a diverse spread of activities.
Capita Plc appointed Jonathan Lewis as CEO on Tuesday and said the former boss of Amec Foster Wheeler would take up the role on Dec. 1 and join the board on the same day. Finance Director Nick Greatorex ...
Capita staff represented by trade union Unite have voted to go on strike for six days from Oct (Shenzhen: 000069.SZ - news) . 5 in protest at changes to the company's pension scheme, Unite said on Thursday. The British outsourcing firm informed its employees of significant changes to their pension arrangements in June which would result in a "massive cut" in their retirement income, the trade union said.
Shares in Capita slumped 13 percent on Thursday after the British outsourcer reported weak first-half results, a murky outlook and no progress in its hunt for a chief executive. Capita, which provides IT-based services for companies looking to cut costs, has issued a series of profit warnings following a slowdown in client decision-making after Brexit and problems with badly-run contracts. Shares in Capita, one of Britain's biggest employers with more than 70,000 staff, have now fallen 42 percent over the past 12 months.
Royston Wild explains why Capita plc (LON: CPI) isn't the only horror share investors should probably avoid.
British business services company Capita, looking for a new CEO after a series of profit warnings, slashed its 2016 earnings by almost a third on Thursday after adopting new accounting standards, sending its battered stock sharply lower. The changes were not a sign of any problems in its contracts nor a correction of any errors, finance director Nick Greatorex said.
NEW YORK/LONDON, June 15 (Reuters) - Australian financial services firm Link Group and three buyout funds are putting the finishing touches to their rival offers for Capita (LSE: CPI.L - news) 's asset management services arm, a deal worth up to 800 million pounds ($1.02 billion), sources told Reuters on Thursday. The British outsourcing group hired Goldman Sachs (NYSE: GS-PB - news) last year to launch an auction process for one of its units, Capita Asset Services, in a bid to raise cash and return to growth after a string of profit warnings, partly due to Britain's vote to leave the European Union.
British shares gained on Tuesday as a sell-off in the tech sector petered out worldwide, financials supported gains and outsourcing company Capita soared as its outlook brightened. Relief was palpable after Monday's dip, which hit UK tech firms Micro Focus and Sophos, but trading remained muted with the FTSE 100 up just 0.2 percent as investors continued to sift through the fall-out from Britain's election. "There's a tendency to turn to one factor and attribute it to that, but people always just get nervous when valuations get very high, as they did with these companies," said Laura Foll, UK Equity fund manager at Henderson.
British outsourcing group Capita (Taiwan OTC: T1614Y.TWO - news) said it expects to improve its profitability and secure more contract wins this year, sending its shares sharply higher as it recovers from a string of profit warnings and the departure of its CEO. "As previously stated, Capita expects 2017 will be a transitional year for the group," it said.
Britain's outsourcing group Capita (LSE: CPI.L - news) said it expected profitability to improve in the second half of 2017 after seeing signs of stronger trading in its European and IT Services businesses. Capita, which announced the departure of its chief executive and a bigger than expected drop in profits in March, said it still expected 2017 to be a transitional year as it restructures the group. While it is seeing improving profitability in its IT Services division and better trading in Germany and Switzerland, the firm said trading across its property, employee benefits and learning services operations was yet to improve.
The troubled outsourcing group Capita (LSE: CPI.L - news) is in advanced talks about the sale of its recruitment division as it seeks to reshape itself under a new leadership team. Sky News has learnt that Capita, which lost its FTSE-100 status following a tumultuous 2016, has entered exclusive negotiations to offload the business to Endless, a specialist turnaround investor. The talks are understood to value Capita Specialist Recruitment at roughly £25m, according to people close to the sale process, which is being handled by the professional services firm BDO.