4th May 2016 07:52
(ShareCast News) - Standard Life added more than 160,000 new customers and £9.8bn of assets under administration on Wednesday, announcing the acquisition of Elevate from AXA UK. The FTSE 100 firm said Elevate - registered as AXA Portfolio Services - would enhance its position as a platform provider
Read more1st Apr 2016 07:14
(ShareCast News) - Standard Life said it had obtained regulatory approvals to increase its stake in HDFC Life to 35% from 26% for £179m. The transaction is expected to complete within the next two weeks. "We are delighted that we have obtained the approvals necessary to increase our stake demonstra
Read more21st Mar 2016 18:26
(ShareCast News) - Gulf Keystone: Canaccord downgrades to sell with a target price of 14p. B&M European: UBS reiterates buy, 350p target. Ascential: Goldman Sachs reiterates buy with a target price of 278p and Exane BNP Paribas stays at neutral with a target price of 250p. Premaitha Health: Panmur
Read more22nd Feb 2016 13:49
(ShareCast News) - Coca-Cola Hbc: JP Morgan reiterates neutral with a target price of 1450p, Nomura stays at buy with a 1330p target and Deutsche Bank keeps at hold with a target price of 1500p. Standard Life: JP Morgan keeps at overweight with a target of 465p and Deutsche Bank reiterates buy, 415p
Read more19th Feb 2016 07:10
(ShareCast News) - Standard Life bucked volatile global markets to post a 9% rise in pre-tax operating profits to £665m with a £38m reduction in the spread/risk margin and diluted operating EPS of 26.1p. Assets under administration were up 4% to £307.4bn in volatile markets, driven by net inflows of
Read more18th Feb 2016 13:05
(ShareCast News) - Insurance giant Standard Life is expected to report broadly flat full year profits on Friday, according to UBS. Pre-tax profit in the full year is forecast to rise slightly to £613m in 2015 from £608m the previous month, driven by a 16% drop in profits in Europe and the UK. UBS s
Read more11th Jan 2016 13:19
(ShareCast News) - JP Morgan Cazenove believes 2016 will be a big year for defence stocks and has upgraded BAE Systems from 'neutral' to 'overweight'. The investment bank on Monday cited a major escalation in geo-political tensions as a reason why it will be a good year for the sector, as well as it
Read more10th Dec 2015 15:52
(ShareCast News) - Anglo American: Nomura slashes target from 780p to 370p but reiterates reduce. Royal Mail: Morgan Stanley stays at buy with 420p target price. Enquest: Canaccord Genuity lowers target from 30p to 25p but keeps at hold. Entertainment One: JP Morgan reiterates overweigh and nudges
Read more10th Dec 2015 15:06
(ShareCast News) - Shares in UK life insurers will catch-up with their European peers next year after underperforming in 2014, as Solvency II proved to be a more acute headwind for them, Nomura told clients on Thursday. Yet developments for them had generally been better than expected for them, so c
Read more28th Oct 2015 08:09
(ShareCast News) - Insurer and asset manager Standard Life reported a 2% increase in third-quarter assets under managements in volatile markets, driven by strong net inflows. Net inflows for the nine months were £5.8bn including net inflows of £2.4bn in the third quarter. The FTSE 100 company said
Read more23rd Oct 2015 14:54
(ShareCast News) - The upcoming implementation of the Solvency II capital regime will lift a significant source of uncertainty which has been hanging over UK and European life insurers, JP Morgan said in a research note sent to clients. The new measures will likely see Aviva, St.James Place and Stan
Read more16th Oct 2015 10:29
(ShareCast News) - Standard Life has appointed Melanie Gee as a non-executive director with effect from 1 November. Gee, a longtime corporate financier within UBS's investment bank, will also be appointed as a member of the rumeration Committee. Chairman Sir Gerry Grimstone said: "Her strong backgr
Read more10th Sep 2015 14:41
(ShareCast News) - London's top-flight index fell on Thursday and by 1439 BST, was down 1.2% to 6,156 as worries about a slowdown in China and concerns that the Federal Reserve might hike rates in September weighed on sentiment. Housebuilder Barratt Developments was a higher riser for the second day
Read more8th Sep 2015 14:03
(ShareCast News) - The FTSE 100 index built on a strong start on Tuesday, rising 1.5% to 6,162.86 points by mid-afternoon with the financial sector leading the charge. Pensions and investment company Hargreaves Lansdown, which is due to publish results on Wednesday, and Aberdeen Asset Management tus
Read more4th Aug 2015 14:47
(ShareCast News) - The FTSE 100 was marginally in the red on Tuesday afternoon after an early fall was followed by a sharp bounce that soon lost momentum. London's primary equity index was down 0.14% at 6,679.14 points by 1405 BST, with shares in drug company Shire leading the fallers. The Dublin-h
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