London close: Stocks finish higher as US inflation tops forecasts

10th Apr 2024 15:00

(Sharecast News) - London's stock markets closed positively on Wednesday, as investors processed a higher-than-anticipated inflation report from the US, while Tesco paced the gains following favourable results.

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London close: Stocks fall as US inflation tops forecasts

14th Mar 2024 16:33

(Sharecast News) - London's equity markets finished in negative territory on Thursday, driven by a flurry of stocks going ex-dividend and investor reactions to the latest US producer inflation and jobless data.

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London close: Stocks finish higher after Hunt's Spring Budget

6th Mar 2024 15:02

(Sharecast News) - London's stock markets closed in positive territory on Wednesday, as investors absorbed the Chancellor's Spring Budget announcement of a 2p reduction in National Insurance.

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Lancashire Holdings declares special dividend after strong year

6th Mar 2024 09:04

(Sharecast News) - Lancashire Holdings reported substantial profit growth and strong underwriting results in its final results on Wednesday.

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London close: Stocks sink after three days of gains

16th Nov 2023 15:45

(Sharecast News) - London markets ended in negative territory on Thursday, reversing a three-day winning streak.

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RBC Capital Markets hikes target price on Lancashire Holdings

16th Nov 2023 10:30

(Sharecast News) - Analysts at RBC Capital Markets hiked their target price on insurance firm Lancashire Holdings from 800.0p to 825.0p on Thursday following the group's recent capital markets day event.

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London close: Stocks gain as investors await Powell speech

9th Nov 2023 15:02

(Sharecast News) - London's stock markets were buoyant at the close of trading on Thursday, influenced by Chinese inflation data, a substantial influx of corporate news, and a speech from the Fed chair later in the global day.

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Lancashire Holdings shares jump on robust third-quarter update

9th Nov 2023 09:24

(Sharecast News) - Lancashire Holdings reported significant growth and a robust financial performance in an update on Thursday, with a notable 23.2% year-on-year increase in gross premiums written, reaching a substantial $1.6bn.

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Broker tips: B&M, Tesco, Lancashire

5th Sep 2023 15:32

(Sharecast News) - JP Morgan cut its performance rating for UK-listed stocks B&M and Tesco as part of its downgrade of the whole European food retail sector.

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London close: Stocks fall on back of weak services data

5th Sep 2023 15:22

(Sharecast News) - London's stock markets ended the trading day in negative territory on Tuesday, pressured by a decline in sterling against the dollar on the back of disappointing services sector data.

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Morgan Stanley downgrades Hiscox, upgrades Lancashire

5th Sep 2023 09:24

(Sharecast News) - Morgan Stanley has reassessed its performance ratings on stocks in the insurance sector, leading to a downgrade for Hiscox and an upgrade for Lancashire Holdings.

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Berenberg cuts Lancashire target, but keeps at 'buy'

14th Aug 2023 10:11

(Sharecast News) - Berenberg has reduced its target price for the shares of Lancashire Holdings, but has maintained its positive stance on the Bermuda-based insurance group.

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Lancashire reports strong momentum in second quarter

10th Aug 2023 08:19

(Sharecast News) - Lancashire Holdings detailed a promising upward trajectory in its second-quarter earnings on Thursday.

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Lancashire gross written premiums reach first-quarter record

27th Apr 2023 08:47

(Sharecast News) - Bermuda-domiciled insurer Lancashire reported a 22.7% increase in first-quarter gross premiums written compared to the same period last year on Thursday, reaching $586.2m.

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Berenberg raises target price on Lancashire Holdings

13th Feb 2023 11:58

(Sharecast News) - Analysts at Berenberg raised their target price on insurance firm Lancashire Holdings from 645.0p to 770.0p on Monday, stating the group was entering 2023 from "a position of strength".

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