Goldman Sachs downgrades Hiscox, upgrades Lancashire
18th Sep 2024 11:35
(Sharecast News) - Goldman Sachs has downgraded non-life insurer Hiscox and upgraded sector peer Lancashire as part of its review of the European insurance sector.
Read moreLondon close: Stocks manage gains ahead of key rate decisions
16th Sep 2024 15:30
(Sharecast News) - London stocks closed slightly above the waterline on Monday, as investors exercised caution ahead of key interest rate announcements scheduled across the globe later in the week.
Read morePhoenix pulls SunLife sale as first-half profits rise 15%
16th Sep 2024 07:09
(Sharecast News) - Pensions, savings and life insurance provider Phoenix reported a 15% increase in adjusted operating profits in the first half and reiterated its medium-term targets for earnings and cash generation.
Read morePhoenix's Aurora Trust proposes merger with Artemis Alpha
2nd Sep 2024 11:04
(Sharecast News) - Phoenix's Aurora Investment Trust has proposed a merger with the Artemis Alpha Trust, it was reported on Monday, aiming to consolidate £353m in assets.
Read moreLondon close: Stocks finish choppy day in the red
26th Jun 2024 15:32
(Sharecast News) - London stocks ended in negative territory on Wednesday, influenced by a downturn in retail sales data for June.
Read morePhoenix Group looks to offload SunLife business
26th Jun 2024 07:05
(Sharecast News) - Insurance and pensions group Phoenix on Wednesday said it was looking to offload its SunLife business after deciding it was no longer core to operations.
Read morePhoenix Group completes first phase of deleveraging programme
20th Jun 2024 07:18
(Sharecast News) - Phoenix Group announced on Thursday that it has successfully completed the initial phase of its deleveraging programme, including a significant debt redemption and refinancing exercise.
Read moreLondon close: Stocks take a breather after last week's surge
13th May 2024 15:36
(Sharecast News) - London's stock markets ended the day in negative territory on Monday, with investors taking a breather following a six-day winning streak that propelled the FTSE 100 to a new all-time high.
Read morePhoenix Group CFO to step down
13th May 2024 07:26
(Sharecast News) - Savings and retirement group Phoenix has announced that its chief financial officer of four years is to step down later this year.
Read moreLondon close: Stocks mixed as Bailey hints at rate cuts
22nd Mar 2024 16:09
(Sharecast News) - London's stock markets closed in a mixed state on Friday as investors weighed optimistic retail sales data against remarks from Bank of England Governor Andrew Bailey.
Read morePhoenix Group jumps on strong results as it sets out strategy
22nd Mar 2024 07:15
(Sharecast News) - Phoenix Group announced robust set of results for 2023 on Friday, with total cash generation of £2.024bn exceeding its upgraded target of £1.8bn for the year.
Read moreFriday preview: UK retail sales, Phoenix Group in the spotlight
21st Mar 2024 13:33
(Sharecast News) - Financial markets' focus at the end of the week would be on the UK consumer.
Read moreLondon close: Stocks slip ahead of central bank decisions
18th Mar 2024 15:33
(Sharecast News) - London markets closed with a slight downturn on Monday as investors monitored upcoming rate decisions from a number of central banks.
Read morePhoenix Group to report one-off £70m provision in results - report
18th Mar 2024 12:16
(Sharecast News) - Phoenix Group slumped on Monday after The Times suggested it will report a one-off provision of £70m in its annual results on Friday to cover the cost of reducing customer charges.
Read moreLondon close: Stocks turn lower as BoE keeps rates on hold
1st Feb 2024 16:48
(Sharecast News) - London's financial markets finished in the red on Thursday, reversing earlier gains after the Bank of England maintained interest rates at current levels.
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