Findex

4073 articles tagged with this keyword

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Turmoil at Plus Markets continues as dissident shareholders look to oust executives

Dissident shareholders of Plus Markets Group have tabled a resolution to oust the chairman and chief executive over their proposals to sell the small cap exchange business to Icap for £1.

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Wonga ponders £1bn US float

British payday lender Wonga is looking across the pond at a possible £1 billion floatation on a US stock exchange, according to the Telegraph.

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Capgemini wins big bank deals in Australia and Brazil

Australia's ANZ has inked a software testing outsourcing contract with Capgemini that will see 360 of the bank's IT staff move to the French vendor.

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CGI agrees £1.7bn Logica acquisition

Anglo-Dutch IT services giant Logica has agreed to be acquired by Canada's CGI Group in a £1.7 billion cash deal.

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Facebook share fall triggers circuit breaker

Facebook's share price continued to tumble yesterday, dropping so sharply that it triggered Nasdaq's short sale circuit breaker.

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Bloomberg buys PolarLake; launches EDM services

Bloomberg has acquired Dublin-based software provider PolarLake and revealed plans to launch its own enterprise data management (EDM) service. Financial terms of the deal were not disclosed.

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Plus Markets to wind down business after sales talks subside

UK exchange operator Plus Markets is to wind down its business after failing to find a suitable takeover partner.

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Markit to buy Cadis

Financial information vendor Markit has agreed to buy enterprise data management (EDM) specialist Cadis. Financial terms of the deal were not disclosed.

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Nasdaq OMX to buy GRC specialist BWise

Nasdaq OMX Group has agreed to acquire BWise, an enterprise governance, risk management and compliance (GRC) software vendor. Financial terms of the deal were not disclosed.

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NAB to cut 1400 jobs from UK operations

National Australia Bank is to cut 1400 front-line and back office jobs from its UK subsidiaries Yorkshire and Clydesdale Bank as it responds to a "significant downgrade" in growth prospects.

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MiiCard raises £1.6m for US push

Online identity verification start-up miiCard has secured £1.6 million in a second seed funding round joined by New Wave Ventures, IQ Capital and Par Equity.

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Twitter commerce start-up Chirpify raises $1.3m

Twitter commerce start-up Chirpify has raised $1.3 million in a series a funding round and launched a platform that lets musicians use the microblogging site to sell digital content.

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TransferWise rounds up A-list investors as it bids to undercut banks in currency exchange

UK currency conversion start-up TransferWise, billed as a 'skype for currency exchange", has raised $1.3 million in seed funding from an A-list team of angel investors.

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Plus Markets says considering several takeover proposals

UK exchange operator Plus Markets says it has had "a number of indicative proposals" since putting itself up for sale in February.

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Wincor Nixdorf to lay off 500 staff and shift production overseas as profits slump

German banking systems company Wincor Nixdorf is to lay off 500 staff and shift manufacturing to cheaper Asian markets after reporting a 50% drop in profit for the first half of the year.

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Mobile-based remittance start-up Beamit raises $2.4m

Beamit, a start-up offering mobile phone-based remittance services for US-based immigrants, has raised $2.4 million in a funding round joined by big tech hitters Jeff Bezos of Amazon and Google's Eric Schmidt.

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Intuit buys m-commerce start-up AisleBuyer

Intuit has acquired Boston-based mobile commerce company AisleBuyer in a deal reported to be worth up to $100 million.

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S&P Capital IQ buys Quanthouse

McGraw-Hill unit S&P Capital IQ has acquired market data and trading technology vendor Quanthouse. Financial terms of the deal were not disclosed.

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Google buys payments firm TxVia; loses Wallet co-founder to Square

Google has acquired payments technology company TxVia for an undisclosed fee as it scrambles to give its Wallet service a much-needed shot in the arm. Meanwhile, the firm has lost Wallet co-founder Rob von Behren to rival Square.

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LSE offloads Tokyo Aim stake to TSE

The Tokyo and London stock exchanges are bailing out on their joint venture market for growing companies in Japan, with the TSE agreeing to buy out its former partner.