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Sage Group Shares News & Articles

Market report: IQE delivers second warning, Consort Medical jumps on cash offer

Markets opened slightly firmer on Monday with the FTSE 100 index 5 points or 0.06% higher at 7,307, while the mid-cap FTSE 250 was 76 points or 0.4% to the good, buoyed by gains in general retailers. Investors in semiconductor wafer designer IQE (IQE:AIM) were feeling pain today after the Cardiff based company reported a ‘mid-single digit’ operating loss and warned on annual revenue for a ...

Disrupted Sage is paying the price of legacy license model in a brave new cloud-based world

The evidence is building to support claims that switching to a cloud computing-based model is a puzzle to which Sage (SGE) does not have an answer. The accounting and enterprise software supplier to small and medium-sized businesses has again let down investors with slowing organic growth. In the third quarter to 30 June the FTSE 100 company reported organic revenue growth of 5.3% to ...

Third UK software play set to gate crash FTSE 100 index in latest reshuffle

The UK software sector’s FTSE 100 membership is about to jump by 50% presuming indicative changes are confirmed at the end of today’s stock market trading. Computer-aided design software supplier AVEVA (AVV) is one of two new entrants to the UK’s blue-chip index (insurer Phoenix Group (PHNX) is the other). The pair will replace gaming firm GVC (GVC) and Wood Group (WG.), the oil services ...
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