Nine UK shares that tick all of Warren Buffett’s boxes March 26, 2019 | City Talk By Kyle Caldwell from interactive investor. Looking for equity-based ISA inspiration? We run through the investment checklist of the Berkshire Hathaway chairman to identify UK shares that pass his stockpicking rules. American investor Warren Buffett is to the world of investment what Lionel Messi is to football: the greatest of his generation in the profession [...]
Credit check service Experian abandons £275m Clearscore merger after watchdog investigation February 27, 2019 Experian has backed down over its £275m merger with credit rating checker rival Clearscore after a watchdog warned it could harm competition in the sector. The firm said it did not believe the Competition and Markets Authority (CMA) would approve the acquisition of the rival and has decided to abandon the proposal. Read more: Experian reports [...]
Experian reports strong growth driven by US expansion January 17, 2019 Consumer credit data company Experian reported strong growth in its third quarter trading update this morning, driven by the expansion of the US business. Shares were up two per cent on the news that the firm’s underlying organic growth was nine per cent, boosted by 12 per cent growth in North America with both the [...]
London Stock Exchange eyes Experian boss as new chairman December 3, 2018 The chairman of credit reporting company Experian is tipped to become the next head of the London Stock Exchange (LSE). Don Robert, who is a member of Court at the Bank of England, is the frontrunner to succeed the LSE’s outgoing chairman Donald Brydon, according to Sky News. Discussions between Robert and the LSE’s board [...]
Watchdog warns Experian-Clearscore merger would stifle competition November 28, 2018 Experian’s merger with credit score rival Clearscore could harm competition in the credit checking sector, a watchdog warned today. The proposed tie-up would “stifle product development”, hurting people trying to make sense of their finances, according to the Competition and Markets Authority (CMA). “Our investigation has shown that this is a fast-paced and evolving market, [...]
Fraud and credit checks bolster Experian’s sales July 16, 2015 Data company Experian yesterday posted a five per cent rise in first-quarter revenue in the UK, with particularly strong growth in its anti-fraud services. “We’re making solid progress in the UK and Ireland, with further revenue momentum in the quarter, and good strategic progress as we secured a number of significant client wins by combining [...]
Experian’s growth stalls despite strong UK performance May 12, 2015 One word sums up Experian’s growth during the last financial year: sluggish. The figures Total revenues were $4.8bn (£3.1bn), while revenue growth was at one per cent at actual exchange rates, rising to three per cent at constant currency rates. Organic revenue rose one per cent, after a stronger final quarter. Benchmark profit before tax [...]
New directors join Bank of England court from Experian, TalkTalk and Drax July 21, 2014 Three business heavyweights were yesterday hired as non-executive directors on the court of the Bank of England, the Treasury has announced. Controversial Experian chairman Don Roberts has been given one of the positions. He faced a shareholder rebellion earlier this month, as a series of investors objected to his move from chief executive to chairman of the credit data [...]
World Cup 2014 effect hits Experian July 11, 2014 Experian, the credit rating company, has reported an 11 per cent contraction in like for like revenues in Latin America, apparently as the World Cup effect took hold. Credit checkers were spending less time at their desks as football fever gripped the continent. The depleted results were tempered somewhat by better figures from the UK [...]
Experian warns of World Cup dip May 7, 2014 EXPERIAN, the credit-checking and data group, warned yesterday that the World Cup is likely to dent its trading in Brazil over the summer, taking the shine off a four per cent rise in annual earnings to $1.2bn (£709m) and sending the FTSE 100 firm’s shares down 6.5 per cent. The company posted a 2.3 per [...]