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Market movers: Lookers raises guidance for 2022 sending shares higher
A look at some risers and fallers in the market today.
Company
MONY Group PLC
LON:MONY
MONY Group PLC is the parent company of Moneysupermarket.com, the price comparison site, Money Saving Expert, Ice Lolly and Quidco. It offers online services to consumers enabling them to search for and compare a wide range of products across money, insurance, travel and home services, and assists them in finding the product most suited to their requirements. Moneysupermarket.com's price comparison services offer a compelling value proposition to both consumers and product providers, by simplifying consumers' research, improving consumers' shopping experience and enabling product providers and advertisers to effectively target their marketing spend. The Group operates two flagship websites, moneysupermarket.com and travelsupermarket.com. The Group's websites attracted approximately 64 million visitors and 523 million page impressions during 2006.
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FTSE 100 closes 30 points higher after much calmer trading day
Heading towards the close and London's blue chip index is up 47 points at 6,967 while the FTSE 250 is up 135 points at 17,638.
Moneysupermarket expects earnings to beat expectations
Pre-tax profit surged 20% to £33.7mln and revenues grew 19% to £193.2mln for the six-month period ended June 30, 2022
Moneysupermarket says cost-of-living crisis will force cash-strapped consumers to switch providers
Revenue at its money operations jumped 37%, led by a recovery in borrowing but home services slumped 65%, with no energy revenue
Moneysupermarket.com warns on revenue hit by gas market crisis
The group has also unveiled plans to buy consumer cashback business Quidco for £87mln
Takeover boom in prospect with tech stocks likely to be high on predators' shopping lists
A bid bonanza could be in the offing based on reports from business consultants. Wishful thinking or a shrewd assessment of the business landscape?
Moneysupermarket.com revenues drop as credit searches slow
Fewer people looking for the best credit deal affected revenues in the Money division
Moneysupermarket.com profits fall as restrictions hit travel side
2021's performance will be firmly weighted towards the second half
Moneysupermarket.com downgraded to ‘hold’ by Liberum as growth drags
The price comparison website is facing headwinds from competitors and in the travel and motor segments
Moneysupermarket searches squeezed across all channels in third quarter
New chief executive Peter Duffy joined from Just Eat during the quarter
Moneysupermarket.com highlights recovery of motor and home insurance but travel lags
Despite difficulties caused by the pandemic, the comparison website also maintained its interim dividend at 3.1p, which it said reflected “strong cashflow characteristics and confidence in the business model”
Moneysupermarket.com says financial switching is slow, home services strong
"With substantially fewer financial services products on offer from providers, our Money business is significantly suppressed"
Moneysupermarket.com poaches new boss from Just Eat
Peter Duffy is replacing Mark Lewis as of 1 September
Income in the time of corona: hunting for dividends among the wreckage
Only around 40 companies committed to paying returns to shareholders this year, analysts at broker Peel Hunt observed.
Moneysupermarket joins precious few dividend payers in coronavirus crisis
The price comparison website said demand for travel insurance and deals had weakened “materially” but both insurance and home services has remained “relatively resilient”
Moneysupermarket.com upgraded to ‘overweight’ as Barclays says quarantined customers will have ‘more time’ to consider switching
The investment bank said the coronavirus outbreak will mean that people needing insurance products “will now have more time at home to think about switching onto the best deal”
Moneysupermarket growth slows despite strong energy switching
Underlying profits improved 9% to £141.5mln, a return to annual profit growth but much slower than the high-teens growth in the first half of 2019
Moneysupermarket.com boss Mark Lewis opts for switch
A formal search has begun for a new CEO, including internal and external candidates
Moneysupermarket share price slashed as growth compares badly
Growth at the deals website appears to be slowing, after a thriving first half of the year with growth at 17%
Investments and investor services
FTSE 100 joins other global markets to head lower as trade fears linger
The UK's blue-chip benchmark index closed out around 42 points lower at 7,493