London midday: Stocks pare gains ahead of ECB as BoE holds fire
6th Mar 2014 11:38
- BoE leaves rates on hold - ECB speculation ramps up ahead of decision - Crimea votes to join Russia, referendum set for 10 days - Aviva, Aggreko and Schroders jump after results techMARK 2,894.33 -0.17% FTSE 100 6,784.24 +0.13% FTSE 250 16,663.49 +0.30% UK stocks had trimmed earlier gains by Thu
Read morePanmure upgrades Aviva after strong results, debt outlook
6th Mar 2014 10:32
The share price of insurance giant Aviva soared on Thursday after the company beat expectations with its 2013 results, with Panmure Gordon providing a lift as it upgraded its rating on the stock from 'hold' to 'buy'. "We view these results as good with the numbers either in line or ahead of expecta
Read moreAviva turnaround progresses as profits and dividend beat forecasts
6th Mar 2014 07:11
- Gross written premium down three per cent - Operating profit up six per cent - Cash remittances up 40 per cent - 'Progress made but still issues to address' Insurer Aviva's turnaround under Chief Executive Mark Wilson saw encouraging progress with 2013 results exceeding most analysts expectations
Read moreAviva appoints new Chief Financial Officer
28th Feb 2014 07:39
Insurance group Aviva has appointed Tom Stoddard as its new Chief Financial Officer. Stoddard, who is replacing Pat Regan, will take up the position from May 5th. He is currently Senior Managing Director and Head of Global Financial Institutions Advisory at Blackstone, the global investment and
Read moreFTSE 100 movers: Barclays dives on poor results
11th Feb 2014 14:50
Barclays was the big faller of the day after the banking giant posted a worse-than-expected 32 per cent fall in 2013 adjusted pre-tax profit, with costs coming in higher than predicted. The group also unveiled its plan to cut between 10,000 and 12,000 job this year, 7,000 of which will be in the UK.
Read moreLondon midday: Markets slip after China data, Pearson tumbles
23rd Jan 2014 11:25
- Chinese manufacturing unexpectedly contracts - PMI figures from Eurozone beat forecasts - Raft of US data due out later on - Pearson and easyJet drop after updates, M&S upgraded techMARK 2,848.63 +0.02% FTSE 100 6,811.34 -0.22% FTSE 250 16,125.92 -0.13% After a subdued start, the FTSE 100 turned
Read moreLondon open: Markets flat after mixed data from China, Europe
23rd Jan 2014 08:50
- Chinese manufacturing unexpectedly contracts - PMI figures from Eurozone beat forecasts - Raft of US data due out later on - Pearson drops after gloomy update techMARK 2,854.33 +0.22% FTSE 100 6,830.94 +0.07% FTSE 250 16,142.38 -0.03% The FTSE 100 opened more or less flat on Thursday as investor
Read moreAviva's CFO steps down
23rd Jan 2014 07:36
Aviva's Chief Financial Officer (CFO) Pat Regan is stepping down from the UK insurance firm to join QBE, an Australian insurance company. Regan, who has been with Aviva since February 2010, will become CFO of QBE. Chief Executive of Aviva, Mark Wilson, said: "Pat has been a tremendous support in a
Read moreLondon midday: Markets rise as retail sales surge, but Shell drops
17th Jan 2014 11:32
- UK retail sales grow fastest since 2004 - Shell issues big profit warning - Insurers gain after data on premiums techMARK 2,851.71 +0.28% FTSE 100 6,832.59 +0.25% FTSE 250 16,197.26 -0.08% Markets were registering moderate gains by Friday lunchtime as investors reacted to a surprise surge in UK
Read moreLondon open: Markets flat, Shell limits upside after profit warning
17th Jan 2014 08:36
- Shell issues profit warnings, oil stocks fall - UK retail sales, US consumer sentiment data out - FTSE 100 holds near eight-month high techMARK 2,853.35 +0.34% FTSE 100 6,822.56 +0.10% FTSE 250 16,229.98 +0.13% Markets opened more or less flat on Friday morning ahead of a busy day for economic d
Read moreLondon pre-open: FTSE set for modest rise ahead of data
17th Jan 2014 07:18
- FTSE 100 to open 12 points lower - Mixed performance in both US and Asia overnight - Today's focus to be on UK retail sales and US confidence City sources predict the FTSE 100 will open 12 points above yesterday's close of 6,815.42 ahead of both US and UK data and as investors digest mixed perfor
Read moreAviva forms JV with Astra Intl in Indonesia
17th Jan 2014 07:03
Insurance giant Aviva has signed a joint-venture agreement with Astra International, Indonesia's largest publicly listed company, to form Astra Aviva Life, which will sell and distribute life insurance products in Indonesia. Aviva said Astra was its "ideal partner" and said the JV was "good for Av
Read moreLondon close: FTSE 100 breaks 6,800 to finish at eight-month high
15th Jan 2014 16:36
- Burberry jumps after Q3 growth beats forecasts - Anglo American gains after UBS upgrade - World Bank revises up growth forecasts - FTSE 100 at eight-month high; DAX hits new record techMARK 2,840.71 +0.79% FTSE 100 6,819.86 +0.78% FTSE 250 16,292.94 +0.35% Stocks finished strongly on Wednesday,
Read moreLondon midday: FTSE 100 closing in on 6,800 as stocks gain
15th Jan 2014 12:04
- Burberry jumps after Q1 sales growth - Anglo American lifted by UBS upgrade - Credit Suisse prefers life insurers over P&Cs - World Bank raises 2014 growth forecasts techMARK 2,830.56 +0.43% FTSE 100 6,791.80 +0.37% FTSE 250 16,254.51 +0.11% Stocks rose to an eight-month high on Wednesday mornin
Read moreBroker tips: Insurers, Anglo American, Fenner
15th Jan 2014 11:19
Credit Suisse has upgraded its rating for Standard Life from 'neutral' to 'outperform', saying it prefers more "life-orientated" insurers or conglomerate businesses over the property and casualty (P&C) sub-sector. "With much of the rest of the sector trading at relatively fuller valuations and like
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