LONDON (Alliance News) - Aviva PLC Friday said it is to sell US equity manager River Road Asset Management LLC to asset manager Affiliated Managers Group Inc, as it continues to implement its strategy of simplifying its business model. The FTSE 100 life insurer and asset manager said its Av Read More
LONDON (Alliance News) - <strong>RSA Insurance Group</strong> Tuesday launched a GBP773 million fully-underwritten, discounted rights issue in order to shore up its balance sheet, as Chief Executive Stephen Hester's recovery plan for the troubled FTSE 100 insurer begins to take shape.<br /><br Read More
LONDON (Alliance News) - Aviva PLC Tuesday said it has sold its Turkish general insurance business, Aviva Sigorta AS, to a private equity consortium led by EMF Capital Partners, as the FTSE 100 life insurer continues its strategy of narrowing its focus to business with more attractive returns.</p Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />TRADER: MORGAN STANLEY REMOVES IAG FROM 'EUROPE BEST IDEAS LIST'<br />----------<br />TRADERS: MORGAN STANLEY RAISES PRICE TARGE Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS CUTS SMITHS GROUP PRICE TARGET TO 1220 (1340) PENCE - 'SELL' <br />----------<br />JPMORGAN CUTS SMITHS GROUP PRICE TARGET Read More
LONDON (Alliance News) - London's blue-chip and mid-cap indexes closed lower Wednesday as annuity providers and betting companies were hard hit by Chancellor of the Exchequer George Osborne's changes to pension rules and a hike to gaming machine duty<br /><br />The FTSE 100 closed down 0.5% at Read More
LONDON (Alliance News) - Shares in UK annuity providers plummeted Wednesday after Chancellor of the Exchequer George Osborne did away with compulsory annuities, giving people far more control and flexibility over how they manage their pension pots as they plan for retirement. Legal & Genera Read More
LONDON (Alliance News) - Shares in UK annuity providers plummeted Wednesday after Chancellor of the Exchequer George Osborne did away with compulsory annuities, giving people far more control and flexibility over how they manage their pension pots as they plan for retirement. Legal & Genera Read More
LONDON (Alliance News) - Shares in UK annuity providers plummeted Wednesday after Chancellor of the Exchequer George Osborne did away with compulsory annuities, giving people far more control over how they manage their pensions as they plan for retirement. Legal & General Group PLC saw its Read More
LONDON (Alliance News) - The FTSE 100 and FTSE 250 indexes have fallen in the wake of George Osborne's 2014 UK budget, with annuity providers and the traditional betting companies coming under pressure after a shake up of pension rules and a rise in gaming machine duties. The FTSE 100 is do Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br /><strong>----------</strong><br /><strong>FTSE 100</strong><br />----------<br />CREDIT SUISSE CUTS HSBC TO 'UNDERPERFORM' ('OUTPERFORM,') - PRICE TARGET 580 (780) PENCE <br />----------<br Read More
LONDON (Alliance News) - Aviva PLC Monday said Chief Financial Officer Patrick Regan sold 179,789 shares at a price of 507 pence per share Friday. Following this transaction, Regan holds 236,583 shares in the insurance company. Aviva shares were trading up 1.3% at 513.50 pence Monday Read More
LONDON (Alliance News) - Aviva PLC Friday said Chief Financial Officer Patrick Regan exercised options over 2,903 shares at a price of 310 pence per share Tuesday. Following this transaction, Regan holds 416,372 shares total. Shares in the insurance company were down 1.1% at 510.02 Fr Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning and Monday:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />LIBERUM RAISES AGGREKO PRICE TARGET TO 1735 (1500) PENCE - 'HOLD'<br />----------<br />BERENBERG RAISES CENTRICA TO Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday. ------- FTSE 100 - WINNERS Aviva, up 4.2%. After closing as the blue-chip index's biggest riser on Thursday, Aviva is again the stand out performer Frid Read More
LONDON (Alliance News) - Major stock indices in the UK and Europe are slightly lower Friday ahead of key US jobs data later, while the pound briefly gained against other major currencies after UK consumer inflation expectations dropped to their lowest level in four years. By mid-morning Fri Read More
LONDON (Alliance News) - The UK's main stock indices closed modestly higher Thursday, with life insurer Aviva leading the FTSE 100, while the pound lost ground against the euro after the single currency was given a boost when the European Central Bank President pledged to keep rates down and ease Read More
LONDON (Alliance News) - Life insurer Aviva PLC Wednesday reported a rise in its 2013 operating profit and it swung to a net profit compared with 2012's loss, prompting Chief Executive Mark Wilson to declare that its turnaround is intensifying. The company's shares soared as it also made be Read More
(An item published at 1234 GMT misstated the ECB interest rate. The correct version follows.) LONDON (Alliance News) - The Bank of England and European Central Bank have again kept their monetary policies and interest rates unchanged, just as events to the east continue to threaten the i Read More
LONDON (Alliance News) - The Bank of England and European Central Bank have again kept their monetary policies and interest rates unchanged, just as events to the east continue to threaten the influence and expansion potential of the European Union.<br /><br />As expected, the BoE has kept its Read More