News Results for Morses Club (MCL)

Payday lender Morses Club increased its revenue but saw its pre-tax profit fall in its financial year ending 29 February 2020, it announced today. Revenue for the year increased by 14.3% to £133.7...

Home credit provider Morses Club said it had appointed Graeme Campbell as its new chief financial officer. Campbell was most recently CFO of BrightHouse, which provided rent-to-own and cash...

Payday lender Morses Club experienced a decline in sales of 37.7% in the first half of the 2020-21 financial year. In a trading update published this morning, it reported sales of £51.2m in the 26...

Doorstep lender Morses Club said digital division Shelby Finance had entered into a supplier relationship with digital payments provider Modulr Finance. The relationship related to Shelby's U...

UK stocks finished in positive territory on Monday, although earlier gains were pared as US/China tensions escalated following the arrest in Hong Kong of media tycoon Jimmy Lai under national...

UK stocks continued last week's optimistic tone on Monday after China released positive factory data, though US-Sino relations remained strained following the arrest in Hong Kong of media tycoon...

UK stocks opened stronger on Monday after China released positive factory data, though US-Sino relations remained strained following the arrest in Hong Kong of media tycoon Jimmy Lai under national...

Subprime lender Morses Club said collections and sales were both on an improving trend. Collections in the company's home collected credit division for July had risen to 98% of normal historic...

Subprime lender Morses Club has reported a fall in cash collections in the first four months of the financial year but said that it had seen improved collection rates in recent weeks as it...

UK stocks opened more than 1% higher on Monday as investors continued to bet that ongoing stimulus and an easing of lockdowns will get economies through the Covid-19 crisis, despite rising cases in...

Subprime lender Morses Club said it had launched a remote lending process for new home collect credit customers. The company said the move allowed it to lend to new home collect credit customers...

Shore Capital today downgrades its investment rating on Morses Club Plc (LON:MCL) to hold (from buy). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

UK stocks eked out relatively modest gains in early trading on Monday as investors weighed signs of economic recovery with a potential resurgence in Covid-19 cases. At 0825, the benchmark FTSE 100...

Consumer finance group Morses Club confirmed that some U Holdings customers have had their accounts temporarily frozen in the wake of the collapse of Wirecard. The German company was the card...

Doorstop lender Morses Club has launched a fully remote lending product within it home collected credit (HCC) division to support customers during the Covid-19 pandemic. The new offering will be...

Doorstop lender Morses Club said it had stopped extending credit to new customers and would not recommend paying a dividend in July, as Covid-19 spreads. The company said over 50% of its customers...

Shore Capital today upgrades its investment rating on Morses Club Plc (LON:MCL) to buy (from hold). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Doorstop lender Morses Club said chief financial officer Andrew Hayward had stood down, with immediate effect. Current director Andy Thomson would assume the role on an interim basis. The board...

UK stocks went into reverse on Wednesday, giving up all their earlier gains despite a surprise 0.5% interest rate cut by the Bank of England and a big fiscal spending boost from the Chancellor to...

UK stocks gave up their early gains on Wednesday, falling slightly in spite of a surprise 0.5% interest rate cut by the Bank of England and a big fiscal spending boost by the Chancellor to buffer...

finnCap today reaffirms its corporate investment rating on Morses Club Plc (LON:MCL) and cut its price target to 160p (from 190p). Story provided by StockMarketWire.com Broker Forecasts data...

Peel Hunt today reaffirms its buy investment rating on Morses Club Plc (LON:MCL) and cut its price target to 150p (from 190p). Story provided by StockMarketWire.com Broker Forecasts data provided...

Home collect credit provider Morses Club warned its annual profit would be 18%-to-23% below consensus market expectations following a fall in demand. \ In a trading update for the 53-week period...

Non-standard financial services provider Morses Club reported adjusted profit before tax of £9.6m in the 27 weeks to 31 August, down from £10.5m in the first half of 2019, with strong performance...

Paul Smith, Chief Executive Officer, exercised 240,686 shares in the company on the 31st July 2019 at a price of 0.00p. The Director now holds 568,106 shares. Story provided by...

Paul Smith, Chief Executive Officer, sold post-exercise 113,693 shares in the company on the 31st July 2019 at a price of 130.00p. The Director now holds 454,413 shares. NOTE: Sold to meet tax...

Andy Thomson, Non Executive Director, exercised 181,853 shares in the company on the 31st July 2019 at a price of 0.00p. The Director now holds 3,220,024 shares. Story provided by...

Andy Thomson, Non Executive Director, sold post-exercise 85,903 shares in the company on the 31st July 2019 at a price of 130.00p. The Director now holds 3,134,121 shares. NOTE: Sold to meet tax...

Leslie Easson, Non Executive Director, exercised 160,457 shares in the company on the 31st July 2019 at a price of 0.00p. The Director now holds 160,457 shares. Story provided by...

Leslie Easson, Non Executive Director, sold post-exercise 75,796 shares in the company on the 31st July 2019 at a price of 130.00p. The Director now holds 84,661 shares. NOTE: Sold to meet tax...

Home collected credit lender Morses Club said it had appointed Gary Marshall as chief operating officer of subsidiary Shelby Finance. Marshall was most recently interim COO of Sainsbury's Bank....

Home collected credit company Morses Club said current trading remained in line with its expectations, despite challenging conditions in its core market. 'Customer numbers are stable, but credit...

Home collected credit lender Morses Club said it had acquired U Holdings, which trades as U Account, for up to £10.8m. The deal included an initial payment of £5.8m plus deferred consideration of...

Peel Hunt today reaffirms its buy investment rating on Morses Club Plc (LON:MCL) and raised its price target to 190p (from 185p). Story provided by StockMarketWire.com Broker Forecasts data...

Collected credit lender Morses Club said it had appointed Andrew Hayward as its new chief financial officer. He was joining from digital financial transactions company eServGlobal, where he had...

Shore Capital today reaffirms its hold investment rating on Morses Club Plc (LON:MCL) and cut its price target to 145p (from 170p). Story provided by StockMarketWire.com Broker Forecasts data...

Shore Capital today downgrades its investment rating on Morses Club Plc (LON:MCL) to hold (from buy). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

finnCap today reaffirms its corporate investment rating on Morses Club Plc (LON:MCL) and raised its price target to 190p (from 175p). Story provided by StockMarketWire.com Broker Forecasts data...

Home-collected credit lender Morses Club said it had acquired Curo Transatlantic out of administration for £8.5m. The business, which trades as WageDayAdvance, was a provider of online loans in...

Home-collected credit lender Morses Club said it had acquired rival Hays Credit, for an undisclosed sum. Hays, which provided loans to around 2,700 customers across the North East of England, had...

Home-credit lender Morses Club said it was already prepared to deal with 'many of the changes' announced today by UK regulators and didn't expect them to hurt the business. The Financial Conduct...

Home-collected credit lender Morses Club said it had increased its revolving credit facility to £50m, up from £40m. Half of the new funding had been provided by a 'highly regarded' financing...

Shore Capital today upgrades its investment rating on Morses Club Plc (LON:MCL) to buy (from hold). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Shore Capital today downgrades its investment rating on Morses Club Plc (LON:MCL) to hold (from buy). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Peel Hunt today reaffirms its buy investment rating on Morses Club Plc (LON:MCL) and raised its price target to 185p (from 165p). Story provided by StockMarketWire.com Broker Forecasts data...

Shore Capital today reaffirms its buy investment rating on Morses Club Plc (LON:MCL) and set its price target at 139.50p. Story provided by StockMarketWire.com Broker Forecasts data provided by...

Morses Club, the UK's second largest home collected credit (HCC) lender, increased its adjusted profit before tax by 8.5% to £19.2m in the 52 weeks ended 24 February 2018. Revenue was up by 17.1%...

Morses Club, the UK's second largest home collected credit lender, said trading for the 52-week period to 24 February 2018 was strong and in line with the board's expectations. Total credit...

Peel Hunt today initiates coverage of Morses Club Plc (LON:MCL) with a buy investment rating and price target of 165p. Story provided by StockMarketWire.com Broker Forecasts data provided by...

Andy Thomson, Executive Director, has transferred out 2,638,768 shares in the company on the 11th January 2018 at a price of 0.00p. The Director now holds 3,038,171 shares. NOTE: Transferred...

finnCap today initiates coverage of Morses Club Plc (LON:MCL) with a corporate investment rating and price target of 175p. Story provided by StockMarketWire.com

Beaufort Securities today reaffirms its buy investment rating on Morses Club Plc (LON:MCL) and raised its price target to 165p (from 155p). Story provided by StockMarketWire.com

Morses Club booked a 46% rise in first-half profit after it added new customers and its loan book swelled. Pre-tax profit was £6.7m, up from £4.6m in the previous corresponding period. The...

Beaufort Securities today reaffirms its buy investment rating on Morses Club Plc (LON:MCL) and raised its price target to 165p (from 155p). Story provided by StockMarketWire.com

Morses Club, the home collected credit lender, issued credit of £82.2m in the 26 weeks to 26 August, an increase of 25% from last year. The company said this reflected the significant increase in...

Morses Club, a home collected credit lender, has secured the addition of a high street lender to its existing loan facility, increasing it from £25m to £40m. The facility has also been extended...

Story provided by StockMarketWire.com

Paul Smith, Chief Executive Officer, sold 327,580 shares in the company on the 24th July 2017 at a price of 130.00p. The Director now holds 327,420 shares. NOTE: Transaction pursuant to divorce...

Numis today reaffirms its add investment rating on Morses Club Plc (LON:MCL) and cut its price target to 138p (from 149p). Story provided by StockMarketWire.com

Morses Club has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:18pm: (LON:MCL) Morses Club Plc share price was +2p at 131.5p Story...

Morses Club said its trading performance in the period Feb. 26 to June 19 was encouraging and in line with directors' expectations. "Our net loan book and customer numbers have continued to...

Story provided by StockMarketWire.com

Morses Club has received full FCA authorisation following a period of operating under interim permission. CEO Paul Smith said the full FCA authorisation marked a significant step in the...

Story provided by StockMarketWire.com

Numis today reaffirms its add investment rating on Morses Club Plc Ord Gbp0.01 (LON:MCL) and raised its price target to 149p (from 130p). Story provided by StockMarketWire.com

Story provided by StockMarketWire.com

Beaufort Securities today reaffirms its buy investment rating on Morses Club Plc Ord Gbp0.01 (LON:MCL) and raised its price target to 155p (from 135p). Story provided by StockMarketWire.com

Morses Club announces the acquisition of Shelby Finance Ltd, a provider of online instalment loans. Shelby Finance is fully authorised by the FCA to provide online instalment loans and will operate...

Story provided by StockMarketWire.com

Peter Ward, Non Executive Director, bought 200,000 shares in the company on the 22nd December 2016 at a price of 118.00p. The Director now holds 400,000 shares. Story provided by...

Panmure Gordon today reaffirms its buy investment rating on Morses Club Plc Ord Gbp0.01 (LON:MCL) and raised its price target to 150p (from 125p). Story provided by StockMarketWire.com

Peter Ward, Non Executive Director, bought 200,000 shares in the company on the 14th October 2016 at a price of 129.63p. The Director now holds 200,000 shares. Story provided by...

Morses Club has reported a strong H1 performance, with reported pretax profit at £4.6m, from a profit of £6.4m. Revenue improved to £47.2m, from £43.6m. "In the first half of this financial year...

Story provided by StockMarketWire.com

Beaufort Securities today initiates coverage of Morses Club Plc Ord Gbp0.01 (LON:MCL) with a buy investment rating and price target of 135p. Story provided by StockMarketWire.com

Numis has cut its rating on Morses Club (LON:MCL) to 'add' from 'buy' on the back of the consumer finance company's first half trading update. The broker said: "Morses is now being valued at a...

Numis today downgrades its investment rating on Morses Club Plc Ord Gbp0.01 (LON:MCL) to add (from buy) and set its price target at 130p. Story provided by StockMarketWire.com

Doorstep lender Morses Club (MCL) suffered a poor start to life on the stock market with shares down 2p to 106p following its AIM debut. The company raised GBP6.5m by placing shares at 108p each...

Mobile Cloud Labs says, following completion of audit work and the capital raising efforts by management, resulting in a capital increase of 820,000 euros, it has instructed the issuance of an...

Mobile Cloud Labs has been granted a provisional patent for its ground-breaking technology that provides both location and temporal tracking of mobile device users. The patented technology makes...

Belynk, Mobile Cloud Labs' one-step photo solution for Facebook, is being featured by NewsWatch TV on the AppWatch syndicated television programme. AppWatch will be profiling the newest features...

Mobile Cloud Labs' registered address has changed to Birchin Court, 20 Birchin Lane, London EC3V 9DJ. Story provided by StockMarketWire.com