St James's Place does good business in Q3
2nd Nov 2010 08:03
Wealth management group St James's Place is having a "very successful year", growing total new investments by 32% during the third quarter. Total single investments hit £1.1bn in the three months ended 30 September, up from £0.8bn in 2009, and total new business on an annual premium equivalent (APE
Read moreLondon close: Financials lead the way
9th Aug 2010 17:05
Leading equities trod water for the afternoon session consolidating strong gains made in the morning. Hopes that the US Federal Reserve will introduce new economic stimulus measures this week played well with the financial sector, with the likes of fund managers Schroders and St. James's Place and
Read moreLondon afternoon: Gains consolidated
9th Aug 2010 14:18
Footsie hit its peak at around 10:00am and has been moving sideways ever since on a relatively quiet day for corporate news. In a buoyant insurance sector Prudential is firmer prior to Thursday's results while Aviva is lifted by Panmure Gordon raising its price target from 496p to 535p. Reboundi
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
2nd Aug 2010 12:07
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1107 GMT [Dow Jones] Bank of America Merrill Lynch raises St James's Place (STJ.LN) price target to 320p from 310p. Says t
Read moreMARKET TALK: Merrill Lynch Lifts St James's Place Price Target
2nd Aug 2010 12:07
1107 GMT [Dow Jones] Bank of America Merrill Lynch raises St James's Place (STJ.LN) price target to 320p from 310p. Says the company's interim results come in well ahead of expectations, allowing the company to raise its dividend by 10%. Merrill Lynch increases its cashflow estimate for '12 by 8% to
Read moreThursday tips round-up: BP, BG, Sage
29th Jul 2010 06:08
BP unveiled a $32.2bn (£20.7bn) charge related to the oil spill on Tuesday. This is not a full and final figure for the costs involved in the catastrophe, but a rough assessment. The Telegraph feels that a hold rating on the shares is appropriate. If you want to put new money into the sector and gen
Read moreSt James's Place dismisses Lloyds sale talk
28th Jul 2010 15:45
Wealth manager St James's Place enjoyed its third consecutive record quarter in the three months to June 30 and dismissed rumours Lloyds is selling its stake. Total new business, on an annual premium equivalent (APE) basis, jumped 44% to £292.6m in the first half of 2010, aided by another record in
Read moreUK SMALLCAP ROUNDUP: Apollo Ups Proposal To Buy Brit Insurance
28th Jul 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps BRIT INSURANCE HOLDINGS NV (BRE.LN), a U.K. insurer and reinsurer, Wednesday said New York-based Apollo Global Management LLC has made a revised indicat
Read moreINTERVIEW:St James's Place:Record Growth Unlikely To Continue
28th Jul 2010 07:46
By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. wealth management group St. James's Place PLC (STJ.LN) doesn't expect second-half new business growth to remain at the sky-high levels seen so far this year, Chief Executive David Bellamy said Wednesday, following three conse
Read moreSt James's Place Funds Under Management GBP22.4B At End Of 1H
28th Jul 2010 07:14
LONDON (Dow Jones)--U.K. wealth management group St. James's Place PLC (STJ.LN) Wednesday posted a 44% rise in new business in the first half and said it was positive on delivering further growth for rest of the year, albeit with tougher comparatives in the final quarter. For the six months to J
Read moreMARKET TALK: St James's Biggest UK Life Sector Winner
23rd Jun 2010 09:33
0833 GMT [Dow Jones] St James's Place (STJ.LN) will be the biggest beneficiary amongst the UK life insurers from Tuesday's emergency budget says Panmure. Its share price had reacted badly to previous plans to curb pension tax relief for higher- rate tax payers and the proposed capital gains tax cha
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
23rd Jun 2010 09:33
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] 0833 GMT [Dow Jones] St James's Place (STJ.LN) will be the biggest beneficiary amongst the UK life insurers from Tuesday's e
Read moreLondon close: Footsie gives back Tuesday's gains
21st Apr 2010 17:03
The blue-chip index finished close to its lowest level of the day as a mid-afternoon rally fizzled out. Sentiment was not helped by the release of a UK gross domestic product forecast by the International Monetary Fund (IMF) which reiterated the body's January forecast of an insipid 1.3% growth rat
Read moreLondon afternoon: Equities pare losses
21st Apr 2010 14:32
Leading shares trimmed their losses over the lunch time session, but the Footsie remains in the red, in part due to a number of blue-chips going ex-dividend today. BHP Billiton is lower after a statement this morning that it may have broken US anti-corruption laws in some of its exploration project
Read moreLondon midday: Miners drag Footsie down
21st Apr 2010 12:04
After a hesitant start Footsie fell steadily throughout the morning session, largely because of the weakness of mining stocks, which are reacting to softer industrial metals prices. BHP Billiton is lower after a statement this morning that it may have broken US anti-corruption laws in some of its
Read more