FLG.L Share News (FLG)

Friends Life Pledges Shareholder Return After Selling Lombard To Blackstone

FTSE 100 movers: Randgold tracks gold higher

Mining group Randgold Resources was a top performer on Wednesday, carried on the back of a recovering gold price. J Sainsbury was also higher after coming in slightly ahead of expectations with a 1.1% first-quarter fall in like-for-like (LFL) retail sales, excluding fuel. Outgoing Chief Executive

London midday: Investors show caution ahead of ECB, ASOS leads retailers lower

- Markets await ECB decision, Draghi with caution - BoE keeps policy unchanged - ASOS shares plummet after profit warning, retailers fall - Smith & Nephew jumps on continued M&A speculation techMARK 2,820.75 -0.07% FTSE 100 6,796.31 -0.33% FTSE 250 15,939.53 -0.29% UK stocks were in the red on Thu

London open: Chinese data gives UK mining stocks a boost

- Miners lead gains early on - China manufacturing PMI rises, but house prices weaken - Busy week ahead with ECB and US jobs in focus techMARK 2,819.95 +0.27% FTSE 100 6,856.96 +0.18% FTSE 250 16,086.39 +0.48% Rising mining stocks helped UK equity markets to gain on Monday morning, as risk appeti

DIRECTOR DEALINGS: Friends Life Divisional Chief Sells Shares

LONDON (Alliance News) - Friends Life Group Limited Tuesday said John Van Der Wielen, a divisional chief executive sold 10,000 shares at a price of GBP3.0571 each and 9,725 shares at GBP3.0680 each Friday. Following this transaction, Van Der Wielen now holds 34,791 shares. Shares in t

UK MORNING BRIEFING: Shares Higher With AVEVA Leading FTSE 250

LONDON (Alliance News) - UK shares have opened higher Tuesday, catching up with gains made during the bank holiday Monday in Asia and Europe.

The mid-cap FTSE 250 is outperforming once again, led by AVEVA Group, which raised its total dividend and expressed confiden

PRESS: Blackstone In Joint Bid For Friends Life's Tax Arm - Sky News

LONDON (Alliance News) - Private equity firm Blackstone and US-based specialist insurer Philadelphia Financial will make a joint offer for Friends Life Group Ltd's tax planning arm, Sky News reported Friday. Earlier in May, Friends Life, the FTSE 100 financial services group, said discussio

FTSE 100 movers: Petrofac dives on profit warning

Shares in oilfield services firm Petrofac have sunk more than 15 per cent today after the company warned on profits, saying its bottom line in 2014 is likely to weaken due to lower-than-expected earnings from its IES division. The company, which had previous guided to 'flat to modest growth' in net

UK MIDDAY BRIEFING: IAG On Steady Path, Petrofac Dives

LONDON (Alliance News) - Oil and gas services company Petrofac Friday issued a profit warning after it said the planned development of the Greater Stella Area oil field in the North Sea would be delayed until next spring, it was hit by low output at a Romanian oil field, and w

London midday: Stocks pull back on earnings, Petrofac plummets

- Petrofac delivers profit warning, IAG and Friends Life fall - Stocks pull back from recent highs - Chinese inflation slows to 18-month low techMARK 2,789.07 -0.65% FTSE 100 6,817.83 -0.31% FTSE 250 15,908.47 -0.38% UK stocks retreated from a near 11-week high on Friday with a raft of disappointi

TOP NEWS: IGas Acquisition To Make It Biggest Gas Fracker In UK

LONDON (Alliance News) - The following is a summary of top news stories Friday.
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COMPANIES
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IGas Energy PLC said it had an agreed deal to buy Dart Energy Ltd for GBP117.1 million in shares, a deal that will create a comp

London open: Petrofac leads fallers as stocks pull back from 11-week high

- Petrofac drops after profit warning - FTSE 100 pulls back from highest since Feb 24th - IAG impresses with first quarter, Friends Life falls techMARK 2,792.72 -0.52% FTSE 100 6,823.10 -0.24% FTSE 250 15,899.90 -0.43% UK stocks pulled back from its highest level in nearly 11 weeks on Friday morni

Friends Life To Miss 2014 Value Of New Business Target

LONDON (Alliance News) - Friends Life Group Ltd, formerly known as Resolution Ltd, Friday said it won't be able to meet its value of new business growth target in 2014, as a result of changes made to the annuities market in the UK's 2014 government budget. In a statement, the life and pensi

Friends Life warns of 2014 hit from Budget pension changes

Insurer Friends Life warned that measures in the UK government's Budget will hit its ability to achieve new business targets this year. Friends Life, formerly known as Resolution, said Chancellor George Osborne's decision to relax rules forcing people to buy annuities to fund their retirement would

UK MORNING BRIEFING: Petrofac Drops 15% On Profit Warning

LONDON (Alliance News) - Two profit warnings and continued worries about Ukraine and Russia have depressed UK share prices at the open Friday.

Both Petrofac and Drax Group issued profit warnings prior to the open. Petrofac is down 15% at the open, w