London close: Footsie finishes lower
5th Aug 2010 16:56
Blue chips closed lower on a mixed day for company results. Insurers rose on the back of figures from Aviva and RSA, but banks slipped back on Barclays' numbers. Disappointing unemployment data from the US also undermined confidence, while the decision from the Bank of England and ECB to keep inter
Read moreFTSE 100 movers: Insurers please market
5th Aug 2010 15:40
Strong results from insurers are offsetting disappointing figures from other Footsie companies. Aviva reported a better-than-expected 21% rise in its half-year profit, while RSA Insurance Group announced revenue growth in all geographic regions and a 'resilient underwriting result' in what was a t
Read moreLondon afternoon: Insurers in demand
5th Aug 2010 14:23
Company results have divided opinion in the market today leaving the FTSE 100 in a mixed-up mood, while second-liners make decisive headway. Insurers are doing their bit to push the market higher with Aviva and RSA Insurance both firmer after releasing figures. Aviva reported a better-than-expect
Read moreSchroders surges as funds flow in
5th Aug 2010 09:55
Fund manager Schroders' interim profits surged forward as new business and assets under management both showed big first half gains. Pre-tax profits increased more than five-fold to £188.2m, from £36.3m, and more than doubled even stripping out one-off costs last year. Revenues rose to £693m from £
Read moreDana Petroleum, KNOC Plan Meeting To Discuss Bid - Sources
2nd Aug 2010 15:15
By Marietta Cauchi and Sarah Kent Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. oil exploration and production company Dana Petroleum PLC (DNX.LN) and Korea National Oil Corp. have agreed to meet in an attempt to progress bid talks which are in danger of stalling amid attempts by Dana's ch
Read moreSchroders Buys 45,000 In Own Shares
30th Jul 2010 17:51
LONDON (Dow Jones)--Schroders Plc (SDR.LN), announced Friday it acquired 45,000 of its non-voting ordinary shares at an average price of 1064.6307 pence per share. MAIN FACTS: -The purchased shares will all be held as treasury shares. -Shares closed Friday at 1288 pence -By Zechariah
Read moreMARKET TALK: Morgan Stanley Cuts Henderson; Upgrades Aberdeen
30th Jul 2010 10:16
0916 GMT [Dow Jones] Morgan Stanley switches out of Henderson Group (HGI.LN), downgrading to equalweight from overweight and into Aberdeen Asset Management (ADN.LN), upgrading to overweight from equalweight. Thinks Aberdeen has a more compelling flow recovery and earnings growth potential. Cuts Hend
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
30th Jul 2010 10:16
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0916 GMT [Dow Jones] Morgan Stanley switches out of Henderson Group (HGI.LN), downgrading to equalweight from overweight and
Read moreSchroders Buys 19,621 In Own Shares
29th Jul 2010 17:17
LONDON (Dow Jones)--Schroders Plc (SDR.LN), announced Thursday it acquired 19,621 of its non-voting ordinary shares at an average price of 1072.909689 pence per share. MAIN FACTS: -The purchased shares will all be held as treasury shares. -Shares closed Thursday at 1286 pence -By Zec
Read moreDana Petroleum Hasn't Convinced Holders Better Bid Exists-Sources
28th Jul 2010 18:46
By Sarah Kent Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Dana Petroleum PLC's (DNX.LN) chief executive Thomas Cross has so far failed to convince shareholders to hold out for a better offer than the 1,800 pence-a-share approach put forward by Korea National Oil Corp., people familiar with t
Read moreSchroders Buys Back 20,000 Shares
28th Jul 2010 17:19
LONDON (Dow Jones)--Schroders PLC (SDR.LN) said Wednesday it acquired 20,000 of its non-voting ordinary shares at an average price of 1062.19025 pence per share. MAIN FACTS: -The purchased shares will all be held as treasury shares; Following the above purchase, Schroders holds 3.7 million n
Read moreSchroders Buys 50,000 In Own Shares
27th Jul 2010 17:32
LONDON (Dow Jones)--Schroders Plc (SDR.LN), acquired 50,000 of its non-voting ordinary shares at an average price of 1053.7668 pence per share. MAIN FACTS: -The purchased shares will all be held as treasury shares. -Shares closed Tuesday at 1275 pence. -By Zechariah Hemans, Dow Jones
Read moreSchroders Buys 45,000 In Own Shares
23rd Jul 2010 17:32
LONDON (Dow Jones)--Schroders Plc (SDR.LN), announced Friday it acquired 45,000 of its non-voting ordinary shares at an average price of 1034.148489 pence per share. MAIN FACTS: -The purchased shares will all be held as treasury shares. -Shares closed Friday at 1243 pence -By Zechari
Read moreSchroders Buys 40,000 In Own Shares
22nd Jul 2010 17:44
LONDON (Dow Jones)--Schroders Plc (SDR.LN), announced Thursday it acquired 40,000 of its non-voting ordinary shares at an average price of 1034.4927 pence per share. MAIN FACTS: -The purchased shares will all be held as treasury shares. -Shares closed Thursday at 1239 pence -By Zecha
Read moreSchroders Buys 40,000 In Own Shares
21st Jul 2010 17:24
LONDON (Dow Jones)--Schroders Plc (SDR.LN), announce Wednesday it acquired 40,000 of its non-voting ordinary shares at an average price of 1027.28375 pence per share. MAIN FACTS: -The purchased shares will all be held as treasury shares. -Shares closed Wednesday at 1231 pence -By Zec
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