UK BROKER RATINGS SUMMARY: Citi Cuts BP And JPMorgan Downgrades Shell
UK BROKER RATINGS SUMMARY: Citi Cuts BP And JPMorgan Downgrades Shell
Read moreUK BROKER RATINGS SUMMARY: Citi Cuts BP And JPMorgan Downgrades Shell
Read more(Sharecast News) - Prudential is set to reveal plans for a partial float or sale of its American insurance business as an activist investor circles. The FTSE 100 giant is expected to outline its intention to offload a stake in Jackson, which has four million customers in the US, alongside its annual results on Wednesday. Jackson, founded in Michigan in 1961 and owned by the Pru since 1986, would be worth between $6bn (£4.5bn) and $10bn, according to insiders, although it would be towards the lower end of that range today given the cut in US interest rates in response to the coronavirus and the flight to safety that pushed yields on 10-year US Treasuries to a record low of less than 0.7%. - The Sunday Times
Read moreLONDON, March 6 (Reuters) - British environment minister George Eustice said on Friday he had been reassured by supermarkets that they had contingency plans in place to prevent food shortages linked to coronavirus."The retailers reassured me they ...
Read more* 2019-20 profit down 23%, pays lowest bonus since 1953* Sharon White launches strategic review* Employee-ownership model not up for debate* Neither John Lewis or Waitrose will be sold* Never Knowingly Undersold price pledge may be "modernised" (Add...
Read more(Sharecast News) - Supermarket sales rose at their fastest pace since November in February as consumers bought more health and hygiene products in response to the coronavirus outbreak.
Read moreTOP NEWS: Lidl Fastest Growing UK Grocer As Virus Boosts Soap Sales
Read more(Adds details, BRC comment, updates shares)By James DaveyLONDON, March 2 (Reuters) - British online supermarket Ocado has advised customers to place orders further in advance because of "exceptionally high demand", indicating a possible reaction f...
Read moreLONDON, March 2 (Reuters) - British online supermarket Ocado has advised customers to place orders further in advance because of "exceptionally high demand", indicating a possible reaction from shoppers to the spreading coronavirus outbreak.Brita...
Read more* BP, Shell lead gains as supply cut hopes boost oil prices * Miners rise; interest-rate sensitive banks, airlines decline * FTSE 100 up 1.1%, FTSE 250 falls 0.2% (Adds stock close) By Devik Jain and C Nivedita March 2 (R...
Read moreUK BROKER RATINGS SUMMARY: Credit Suisse Starts Coverage Of UK Grocers
Read moreDIRECTOR DEALINGS SUMMARY: Ocado Chair Rose Sells GBP1.7 Million Worth
Read more* European stocks rise: STOXX, DAX hit record highs * AMS dips despite Q4 beat, share sale for Osram takeover in focus * Central bankers: eyes on Lagarde, Carney and Powell speeches * TUI surges on coronavirus fears respite Welc...
Read more* European stocks rise: STOXX, DAX hit record highs * AMS dips despite Q4 beat, share sale for Osram takeover in focus * Central bankers: eyes on Lagarde, Carney and Powell speeches * TUI surges on coronavirus fears respite Welc...
Read more* European stocks rise: STOXX, DAX hit record highs * AMS dips despite Q4 beat, share sale for Osram takeover in focus * Central bankers: eyes on Lagarde, Carney and Powell speeches * TUI surges on coronavirus fears respite Welc...
Read more* European stocks rise: STOXX, DAX hit record highs * AMS dips despite Q4 beat, share sale for Osram takeover in focus * Central bankers: Lagarde, Carney and Powell expected * TUI surges on coronavirus fears respite Welcome to t...
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