23 May 2018
Visit aciworldwide.webex.com

Morse shares rise on financial sector deal rumours

09 January 2004  |  3377 views  |  0 Morse shares rise on financial sector deal rumours

Shares in UK IT systems house Morse have reached a new yearly high of 161 pence amid rumours that the firm has secured a number of significant financial sector contracts.

Morse shares began their ascent yesterday, rising by ten pence to close the day at 155 pence. The rise in price was noted by the UK broadsheet The Guardian, which cited City talk of a number of singificant deals in the financial services sector.

Despite posting a nine per cent drop in revenues from financial services in its last annual report, systems integrator Morse is expected to be a beneficiary of a growing trend for IT infrastructure overhaul and management at cost-conscious financial institutions.

The firm has yet to issue a statement.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Morse seeks succour from services

Morse seeks succour from services

15 January 2003  |  2613 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAd

Top topics

Most viewed Most shared
PayPal agrees $2.2 billion deal for iZettlePayPal agrees $2.2 billion deal for iZettl...
9894 views comments | 16 tweets | 28 linkedin
BBVA begins global roll-out of unified mobile appBBVA begins global roll-out of unified mob...
8715 views comments | 6 tweets | 5 linkedin
Japanese banks join quantum computing hubJapanese banks join quantum computing hub
7367 views comments | 8 tweets | 5 linkedin
SEC lures wannabe crypto investors with fake ICO siteSEC lures wannabe crypto investors with fa...
6882 views comments | 7 tweets | 11 linkedin
Fed governor: Digital tokens for financial settlement hold promise for central banksFed governor: Digital tokens for financial...
6588 views comments | 7 tweets | 11 linkedin

Featured job

Basic c Euro 120K, Variable Euro 120K - full ben...
Paris prefered London possible

Find your next job