* H1 underlying pretax profit down 40 pct * Revenues down 20 pct; interim dividend 7.5 p/share * Shares down 4.8 pct, leading FTSE mid-cap fallers (Adds detail from statement, share price reaction) By Simon Jessop LONDON, May 3 (Reuters) - British fund firm Aberdeen Asse
Read moreLONDON, May 3 (Reuters) - British fund firm Aberdeen Asset Management on Tuesday posted a 40 percent fall in first-half underlying pretax profit, hit by a broad slump in emerging markets. The firm said said underlying pretax profits in the six months to end-March were 162.9 million pounds w
Read more(ShareCast News) - Premier Foods: Jefferies upgrades to buy with a 60p target. Aberdeen Asset Management: Citigroup downgrades to sell with a 265p target. Smiths Group: Jefferies keeps at buy with a target price of 1100p and Credit Suisse reiterates outperform with a target of 1275p. Close Brother
Read more** Aberdeen Asset Management's shares down 2.5 pct, underperforming FTSE midcaps (marginally down), after Citi cuts to "sell" ** Analysts say Aberdeen shares have bounced 42 pct since hitting 4-yr low on Jan. 20, reflecting "too much optimism, too soon" ** Shares still down 40 pct sin
Read more(ShareCast News) - Campbell Fleming will be stepping down from his role as EMEA chief executive and global chief operating officer of Columbia Threadneedle Investments to join Aberdeen Asset Management as global head of distribution. Fleming will be responsible for Aberdeen's global distribution pla
Read more* Investors want bank to "recession-proof" business * Concerned over Lloyds' exposure to fall in credit demand * Seek fresh push into wealth management By Sinead Cruise and Simon Jessop LONDON, April 13 (Reuters) - Lloyds Banking Group shareholders want the bank to consid
Read more(ShareCast News) - Phoenix Group: JP Morgan downgrades to neutral with a target price of 942p. Fresnillo: RBC downgrades to underperform with a target price of 750. Jupiter Management: UBS reiterates neutral with a target price of 410p and Jefferies keeps at buy, 472p target. Petrofac: Nomura keep
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