LONDON BRIEFING: Direct Line CEO Penny James out after profit warning
(Alliance News) - Stocks in London were called to opened higher on Friday, after a good day in New York on Thursday following some better-than-expected US GDP figures.
Read moreWed, 08th Apr 2020 07:37
(Alliance News) - Stocks in London were called to opened higher on Friday, after a good day in New York on Thursday following some better-than-expected US GDP figures.
Read more(Sharecast News) - The chief executive of Direct Line Insurance Group has stepped down, just two weeks after the insurer scrapped its dividend and sent the stock plummeting.
Read more(Alliance News) - Direct Line Insurance Group PLC on Thursday said its underwriting unit has struck a reinsurance pact with an unnamed party.
Read more(Sharecast News) - Berenberg downgraded Direct Line on Wednesday to 'hold' from 'buy' and slashed the price target to 160p from 272p, as it said investors should be prepared for no dividend per share for 2023.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:
Read more(Alliance News) - Stocks in London were called flat on Wednesday, as new data showed producer price inflation is easing in the UK.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(Alliance News) - Stocks in London ended on an upbeat note on Wednesday as markets looked ahead to key inflation data out of the US on Thursday.
Read more(Alliance News) - The FTSE 100 in London hit another multi-year high on Wednesday, as investors grew increasingly confident on the day before of a key US inflation reading.
Read more(Alliance News) - Direct Line Insurance Group PLC on Wednesday blamed severe cold weather for a significant increase in claims over December, pushing the company to an underwriting loss for the year.
Read more(Alliance News) - Trainer sellers were the star performers in early trade in London on strong numbers from JD Sports, though grocers, housebuilders and insurers struggled following poorly received updates from J Sainsbury, Barratt and Direct Line.
Read more(Alliance News) - London's FTSE 100 was set to open higher on Wednesday, amid relief that Federal Reserve Chair Jerome Powell didn't add to the hawkish tone of recent commentary by Fed officials.
Read more(Sharecast News) - Direct Line shares tumbled on Wednesday after the insurer said it was axing its final dividend for 2022 as it took a hit from claims related to severe cold weather and increases in motor inflation.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:
Read more(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and Wednesday and not separately reported by Alliance News:
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