Direct Line profits rise as Covid drives decline in motor claims

3rd Aug 2021 08:04

(Sharecast News) - Direct Line reported higher interim earnings on Tuesday on the back of lower motor claims as the Covid pandemic kept drivers off roads during lockdowns.

Read more

Direct Line profits rise as Covid drives decline in motor claims

3rd Aug 2021 08:04

(Sharecast News) - Direct Line reported higher interim earnings on Tuesday on the back of lower motor claims as the Covid pandemic kept drivers off roads during lockdowns.

Read more

Wednesday broker round-up

14th Jul 2021 13:23

(Sharecast News) - Carnival: Berenberg upgrades to hold with a target price of 1,400p.

Read more

Sunday newspaper round-up: Smiths Group, Virgin Galactic, Sainsbury

11th Jul 2021 18:09

(Sharecast News) - One of Britain's biggest engineering firms is on the cusp of a major break-up after receiving a £2billion takeover approach for its medical division from a US private equity predator. City sources said FTSE 100-listed engineering giant Smiths Group has been holding talks with Boston-based TA Associates. Bankers from Goldman Sachs are said to be working on the deal. - Financial Mail on Sunday

Read more

Friday broker round-up

21st May 2021 12:24

(Sharecast News) - Hotel Chocolat Group: Berenberg reiterates hold with a target price of 390p.

Read more

Wednesday broker round-up

19th May 2021 13:31

(Sharecast News) - Ferguson: Berenberg upgrades to hold with a target price of 8,400p.

Read more

Direct Line names Neil Manser as CFO

13th May 2021 08:06

(Sharecast News) - Insurance group Direct Line said on Thursday that Neil Manser would take over as chief financial officer on a full-time basis, with effect from the conclusion of the company's annual general meeting.

Read more

Direct Line reports lower premiums, subdued motor claims

5th May 2021 07:29

(Sharecast News) - Direct Line stuck to its full-year targets after premiums fell and motor claims were subdued in a first quarter affected by the Covid-19 lockdown.

Read more

FTSE 250 movers: Commodity stocks, Direct Line Group and Taylor Wimpey unloved

29th Mar 2021 15:23

(Sharecast News) - Commodity-related issues were weakest on the second-tier index at the start of the week as investors continued to shy away from that segment of the stock market.

Read more

Monday broker round-up

29th Mar 2021 13:16

(Sharecast News) - Taylor Wimpey: JP Morgan upgrades to overweight with a target price of 220p.

Read more

Direct Line unveils £100m buyback after profit drop

8th Mar 2021 07:04

(Sharecast News) - Direct Line increased its dividend and announced a £100m share buyback as the insurer reported a 4.5% drop in annual profit.

Read more

Direct Line CFO Tim Harris to take leave of absence

11th Jan 2021 08:44

(Sharecast News) - Direct Line said on Monday that chief financial officer Tim Harris will be taking a leave of absence with immediate effect whilst a family member undergoes medical treatment.

Read more

Thursday broker round-up

19th Nov 2020 13:38

(Sharecast News) - easyJet: Liberum upgrades to buy with a target price of 1,300p.

Read more

Direct Line reports broadly flat Q3 trading

10th Nov 2020 08:39

(Sharecast News) - Insurance group Direct Line reported a broadly flat third-quarter trading performance on Tuesday as its Green Flag and commercial units offset lower average premiums.

Read more

FCA to ban 'loyalty penalty' for insurance customers

22nd Sep 2020 09:14

(Sharecast News) - UK insurance companies will be forced to stop ripping off loyal customers and offer premiums at the same rate as new clients under changes proposed by the regulator.

Read more