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By Myles Neligan LONDON, Jan 9 (Reuters) - A European Union ban on insurers charging men and women different prices has boosted the income of British female retirees, finance data firm Moneyfacts said. The ban has lifted payments for women who hold an annuity - an investment policy that pays retiree
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UK stocks are now registering slight gains - and recovering most of yesterday's scant losses - as investors opt to overlook the release of some weaker than expected economic indicators from the Eurozone. That ahead of the beginning of the formal earnings season, Stateside, later today, when alumin
Read moreUK stocks opened flat on Tuesday morning ahead of some key economic indicators from the Eurozone. On today's agenda, there will be unemployment figures in Italy, German factory orders as well as consumer confidence, jobless and retail sales data for the Eurozone as a whole. Market analyst Craig E
Read moreAnglo American: Deutsche Bank reduces target price from 2270p to 2230p and maintains its buy recommendation. Aquarius Platinum: Deutsche Bank ups target price from 73p to 76p, while the buy rating remains unchanged. ARM Holdings: Credit Suisse raises target price from 645p to 780p and reiterates a
Read more- Traders take profits after recent surge - European banks on Basel III developments - Investors looking ahead to central bank decisions After registering impressive gains last week, stocks across Europe pulled back on Monday with investor taking profits as fourth-quarter earnings season gets into
Read moreStrong gains in the banking sector weren't enough to lift the FTSE 100 into positive territory on Monday morning, as London's benchmark index pulled back from its near two-year high on Friday. "Stock markets in Europe have surrendered early morning slim gains as the temptation to book profits on ma
Read moreInvestec has labelled St James's Place and Standard Life as its top 'buys' as part of its review the insurance sector. Meanwhile, it has upgraded its rating for Legal & General (L&G) from 'sell' to 'hold' and downgraded RSA from 'hold' to 'sell'. "The outlook in the UK is clouded by the introduct
Read moreAfter hitting a near two-year high the previous trading session, profit-taking meant that the FTSE 100 opened slightly lower on Monday morning. This was despite relative strength in the banking sector on the back of some better-than-expected news on regulation. The FTSE 100 finished Friday at 6,090
Read moreCity sources predict the FTSE 100 will open down one point from Friday's close of 6,090, ahead of this week's collection of retail results. Sainsbury, Tesco, and Marks & Spencer are all set to deliver their results this week, although brokers have warned it has been a tough Christmas and overall f
Read moreInsurance giant Legal & General said on Monday that it has improved the return on equity (RoE) and profitability of new business within its American subsidiary after completing a further phase of its capital efficiency programme. On December 31st 2012, L&G used a "reinsurance solution" to improve L
Read more* EIOPA to bring in parts of Solvency II from 2014 * Gives watchdogs, companies experience before rules start * Guidelines won't touch quantitative "Pillar 1" elements * EIOPA chair sees Solvency II intro at earliest in 2016 By Jonathan Gould FRANKFURT, Dec 20 (Reuters) - EU insurance watchdog EIOPA
Read moreBy Brenda Goh and Tom Bill LONDON, Dec 18 (Reuters) - Owners of run-down warehouses on the edge of European cities could be sitting on goldmines because online shopping will force firms to seek distribution sites closer to customers who think speedy delivery is the norm. In an increasingly fierce ma
Read moreRupert Clevely, the Managing Director of Young's & Co Brewery's Geronimo Inns division, sold nearly half a million pounds-worth of shares in the pubs group on Tuesday. Clevely, who co-founded Geronimo Inns, sold 62,688 shares in Young's & Co at 701.3573p a pop, earning himself a total of £439,667.
Read morePearson, the FTSE 100 media group, is planning to explore a sale of the financial daily newspaper within months, Bloomberg reported, so that the company can focus on its fast-growing education division. Dame Majorie Scardino, the chief executive of Pearson, once said famously that the FT would be so
Read moreLife insurers were performing well on Tuesday afternoon with a host of heavy-hitters on the FTSE 350 providing a lift. Resolution was the standout performer in the sector today after Bank of America Merrill Lynch raised its rating on the stock from 'neutral' to 'buy'. The US broker cited an attract
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