The Innovation Group

8 results about this entity

Period: 11 May 2007 - 14 Apr 2009

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Finextra50 closes up 2.2% to 65.56

Finextra50 closes up 2.2% to 65.56

The Innovation Group bounced back from market disappointment at another failed bid attempt with news that first half revenue and pre-tax profit were up. Its shares rose 30.3% in a shortened trading week, while Bravura Solutions and Gresham Computing also posted significant gains.

Finextra50 up 7% driven by Thomson Reuters and SEI Investments

Finextra50 up 7% driven by Thomson Reuters and SEI Investments

The Finextra50 Financial Technology Index closed Friday at 58.09, rising well above general market indexes.

Finextra50 falls as US tech stocks get hammered

Finextra50 falls as US tech stocks get hammered

The Finextra50 Financial Technology Index fell 11% last week as a big drop in the technology sector compounded the ongoing financial industry turmoil. The Innovation Group, Vasco and Cognizant led the big fallers, while Oberthur, Misys and Bravura provided the only positive stories.

Financial technology stocks rally, led by Morningstar and Vasco

Financial technology stocks rally, led by Morningstar and Vasco

The Finextra50 Financial Technology index closed last week at 103.52, increasing just slightly after posting a 4.71% rise the previous week. Morningstar and Vasco Data Security were the biggest gainers, rising 20% and 19% respectively over the past two weeks.

Turbulent markets drag Finextra50 down to 96.02

Turbulent markets drag Finextra50 down to 96.02

The Finextra50 Financial Technology Index fell 1.54% last week as investors' concerns that defaults on US subprime mortgages could spread to various other kinds of debt affected stock markets worldwide. Bank stocks and companies viewed as exposed to the sector were particularly hard hit. However, several US companies in the index posted strong gains, including Jack Henry and Online Resources.

Finextra50 ends week up at 100.79

Finextra50 ends week up at 100.79

The Finextra50 Financial Technology Index rose .78% last week, driven by takeover talk at Fair Isaac, Fininfo and Mphasis. Gains were tempered by falls in Broadridge and Advent Software.

Finextra50 dips slightly to 99.56

Finextra50 dips slightly to 99.56

The Finextra50 Financial Technology Index closed last week slightly down, with falls in Reuters and Cognizant a major contributor, while many of the index's smaller cap stocks saw steady gains, particularly in Europe.

Finextra launches Finextra50 fintech index

Finextra launches Finextra50 fintech index

The Finextra50 Financial Technology Index is a free-float value weighted index of the world's leading companies that provide technology-based products and services to the financial services industry. It was set at an indexed value of 100 at market close on Friday 4th May 2007. Our weekly update on the index's movements will provide a framework for analysing trends in the financial technology market, particularly vendor consolidation - a trend that shows no sign of slowing down.

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