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Top related persons:
Begbies Traynor - 1 FRP - 1 — - 1 James Bayliss - 1 Bayliss - 1 Stifel - 1 Sam Dindol - 1 Berenberg - 1
Top related locs:
Britain United States Canaccord
Top related orgs:
Bank of England - 1 FRP - 1 FRP Advisory - 1

Search resuls for: "FRP Advisory"


2 mentions found


☆ Shares of these 2 global stocks could soar over 30% as bankruptcies begin to rise, analysts say
  + stars: | 2023-08-01 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +3 min
Company insolvencies are on the rise in Britain , and analysts are expecting two U.K.-based consultancies to be major beneficiaries. Earlier in the month, Begbies Traynor beat its rival and delivered a double-digit annual growth rate. Begbies Traynor Analysts expect Begbies Traynor's core insolvency division to benefit from rising U.K. insolvencies as economic conditions worsen. BEG-GB FRP-GB YTD line Analysts at Canaccord Genuity and Stifel echoed that view, saying that Begbies Traynor is strongly positioned, with over 80% of revenue derived from counter-cyclical insolvency services. The bank raised its forecasts for the firm's earnings for the rest of the year and expects FRP's stock to rise by 47% to £1.75.
Persons: Begbies Traynor, FRP, —, James Bayliss, Bayliss, Stifel, Sam Dindol, Berenberg Organizations: Bank of England, FRP, FRP Advisory Locations: Britain, United States, Canaccord
☆ Suspended software firm WANdisco's CEO and CFO step down
  + stars: | 2023-04-03 | by ( ) www.reuters.com   time to read: +1 min
LONDON, April 3 (Reuters) - WANdisco (WAND.L), the British software company whose shares are suspended while it investigates possible fraud, said its co-founder and chief executive David Richards and CFO Erik Miller had stepped down on Monday with immediate effect. The company found "potential fraudulent irregularities" in its accounts last month linked to a senior sales employee, prompting significant going concerns issues. The ongoing investigation supported the view that one employee was responsible, the company said. Ken Lever, appointed interim chair last month, would run the company until a new chief executive was appointed, the company said. It also appointed Ijoma Maluza, previously CFO of Blue Prism, as interim CFO from April 11.
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