JPMorgan upgrades M&G to 'neutral'
13th Nov 2023 07:51
(Sharecast News) - JPMorgan Cazenove upgraded M&G to 'neutral' from 'underweight' on Monday as it revisited the UK life sub sector following a period of poor relative performance.
Read moreSunday newspaper round-up: Middle East, Heathrow, Aviva
5th Nov 2023 21:39
(Sharecast News) - The conflict in the Middle East and the resulting humanitarian crisis could trigger a global recession by compounding the challenges that are already facing the precarious world economy. That is the diagnosis of two of the biggest names on Wall Street. Larry Fink, who heads asset manager BlackRock, believes the 7 October Hamas atrocities, the attack on Gaza and the Ukraine invasion mean the world has been pushed to "almost a whole new future". For his part, J.P.Morgan head Jamie Dimon said that: " [...] these geopolitical matters are very serious - arguably the most serious since 1938." - Guardian
Read moreLondon close: Stocks manage solid finish after US payrolls surge
6th Oct 2023 15:36
(Sharecast News) - London stocks managed an uplifting performance on Friday, buoyed by optimistic economic data from the United States and a wave of speculative trading focussed on Aviva.
Read moreAviva surges on takeover speculation
6th Oct 2023 08:44
(Sharecast News) - Aviva surged on Friday after markets blog Betaville suggested in one of its 'uncooked' alerts that the insurance group was at the centre of takeover talk.
Read moreLondon close: Stocks finish in the red after raft of global data
4th Oct 2023 16:33
(Sharecast News) - London stocks retreated on Wednesday, reversing earlier gains as investors contended with suboptimal data from the UK services sector and the US jobs market.
Read moreBroker tips: Aviva, Tesco
4th Oct 2023 13:03
(Sharecast News) - Jefferies upgraded Aviva on Wednesday to 'buy' from 'neutral' and lifted the price target by 26% to 480p as it pointed to "turning tides".
Read moreJefferies upgrades Aviva to 'buy'
4th Oct 2023 11:25
(Sharecast News) - Jefferies upgraded Aviva on Wednesday to 'buy' from 'neutral' and lifted the price target by 26% to 480p as it pointed to "turning tides".
Read moreAviva buys AIG's UK protection business for £460m
25th Sep 2023 07:02
(Sharecast News) - British insurer Aviva on Monday said it had bought AIG's UK protection business for £460m.
Read moreAviva sells stake in Singlife, debt instruments to Sumitomo for £0.8bn
13th Sep 2023 07:01
(Sharecast News) - UK insurer Aviva on Wednesday said it had agreed to sell its 25.9% stake in Singapore Life Holdings (Singlife), together with two debt instruments, to Sumitomo Life for £800m in cash.
Read moreDirect Line appoints Aviva's Adam Winslow as CEO
30th Aug 2023 07:03
(Sharecast News) - Direct Line said it had appointed Adam Winslow as chief executive to succeed Jon Greenwood who has been acting CEO since January.
Read moreLondon midday: Stocks slip as core inflation stays high
16th Aug 2023 11:23
(Sharecast News) - UK stocks were trading at five-week lows on Wednesday despite some big gains from blue-chip insurers, with market sentiment hit by fears that the Bank of England may step in to raise interest rates once again.
Read moreLondon open: Stocks flat as rate-hike fears dampen risk appetite
16th Aug 2023 08:03
(Sharecast News) - UK stocks were struggling for direction on Wednesday after data showed that core inflation remains stubbornly high, raising fears that the Bank of England may step in to tighten monetary policy even further.
Read moreAviva hikes dividend after robust first half
16th Aug 2023 07:44
(Sharecast News) - Global insurance giant Aviva reported robust first-half growth on Wednesday, with operating profit rising 8% year-on-year to £715m.
Read moreLondon pre-open: Stocks to extend five-week low
16th Aug 2023 07:15
(Sharecast News) - UK stocks were set for another day of losses on Wednesday, after a heavy fall the previous session, as investors showed caution on busy day for economic data.
Read moreBerenberg cuts target price for Aviva, keeps at 'buy'
7th Aug 2023 08:14
(Sharecast News) - Analysts at Berenberg kept their recommendation for shares of Aviva unchanged at 'buy' and lowered their target price following the life insurer's adoption of the IFRS 17 accounting standard.
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