Sunday newspaper round-up: Prudential, Bank of England, Supermarkets
8th Mar 2020 20:55
(Sharecast News) - Prudential is set to reveal plans for a partial float or sale of its American insurance business as an activist investor circles. The FTSE 100 giant is expected to outline its intention to offload a stake in Jackson, which has four million customers in the US, alongside its annual results on Wednesday. Jackson, founded in Michigan in 1961 and owned by the Pru since 1986, would be worth between $6bn (£4.5bn) and $10bn, according to insiders, although it would be towards the lower end of that range today given the cut in US interest rates in response to the coronavirus and the flight to safety that pushed yields on 10-year US Treasuries to a record low of less than 0.7%. - The Sunday Times
Read moreFerrexpo unit shares restricted by Ukrainian court
31st Jan 2020 08:49
(Sharecast News) - A Ukrainian court has placed a restriction on the sale of a 50.3% stake by Ferrexpo's Swiss unit in Poltava Mining as investigations deepen into its former chief executive.
Read moreFerrexpo reports slight fall in annual production
13th Jan 2020 07:03
(Sharecast News) - Higher prices helped iron ore pellet producer Ferrexpo offset cost increases as it reported a slight fall in annual production.
Read moreFerrexpo declares special dividend
2nd Jan 2020 08:01
(Sharecast News) - Ferrexpo on Thursday declared an unchanged 6.6 US cent special interim dividend for 2019.
Read moreFTSE 250 movers: Synthomer slips, Centamin shines
3rd Dec 2019 14:01
(Sharecast News) - London's FTSE 250 was lower by 0.89% at 20,516.21 in afternoon trade on Tuesday, with Synthomer leading the index downward.
Read moreFTSE 250 movers: NewRiver drops, Tullow gushes higher
2nd Dec 2019 14:35
(Sharecast News) - London's FTSE 250 was lower by 0.38% at 20,733.26 in afternoon trade on Monday, with NewRiver leading the index downward.
Read moreFTSE 250 movers: Aston Martin accelerates, Future falls
27th Nov 2019 14:02
(Sharecast News) - London's FTSE 250 was higher by 0.31% at 20,930.17 in afternoon trade on Wednesday, with Aston Martin Lagonda leading the index upward.
Read moreFerrexpo appoints Roman Palyvoda as acting CFO
14th Nov 2019 07:54
(Sharecast News) - Ferrexpo has appointed Roman Palyvoda as acting chief financial officer with immediate effect.
Read moreWednesday broker round-up
6th Nov 2019 12:54
(Sharecast News) - Ferrexpo: JP Morgan upgrades to overweight with a target price of 190p.
Read moreFerrexpo CEO temporarily steps aside amid Ukrainian allegations
28th Oct 2019 07:35
(Sharecast News) - Ferrexpo on Monday said its chief executive, Kostyantin Zhevago, has temporarily stepped down due to allegations relating to Finance & Credit JSC, a businesses he owned until 2015.
Read moreFerrexpo will 'take any actions needed' over CEO allegations
14th Oct 2019 07:15
(Sharecast News) - Ferrexpo said it would "take any actions that are needed" in the interests of shareholders and the company over allegations surrounding chief executive and majority shareholder Kostyantin Zhevago.
Read moreThursday broker round-up
10th Oct 2019 13:00
(Sharecast News) - Ferrexpo: Barclays downgrades to underweight with a target price of 110p.
Read moreFerrexpo lowers FY guidance as Q3 production falls
8th Oct 2019 07:03
(Sharecast News) - Pellet production at Ferrexpo fell 9.8% in the third quarter as the iron ore company said full year output would be in the range of 10.4m - 10.6m tonnes compared with previous guidance of 10.6m "given the current environment".
Read moreThursday broker round-up
3rd Oct 2019 12:41
(Sharecast News) - Filtrona: Peel Hunt upgrades to buy with a target price of 140p.
Read moreFerrexpo denies allegations CEO is being investigated in Ukraine
30th Sep 2019 07:39
(Sharecast News) - Iron ore miner Ferrexpo has denied allegations made on social media last week that its chief executive officer Kostyantin Zhevago is being investigated in relation to a business he owned in Ukraine until 2015.
Read more