The new 190p per share offer is almost 19% higher than the previously recommended bid by Capita (LSE: CPI) which has now been overlooked in favour of CSC's, despite around 25% of Xchanging's shareholders having already accepted the lower offer.
A now leaner business process outsourcer Capita (LON:CPI) is on track to deliver double digit revenue growth in the full year and expects organic growth to quicken next year, it said, sending shares higher.
Another week, another positive release from the UK's housebuilding sector. This time around it's the turn of Taylor Wimpey (LSE: TW), and the market greeted the release by sending shares 0.2% higher from Tuesday's close.
Mr Woodford must believe that the shares he holds have at least some level defensive quality to them.That's why I'm looking at three firms featured in the top ten largest holdings of the CF Woodford Equity Income Fund: BAE Systems (LSE: BA), Capita ...