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Old Mutual PLC News

London midday: Markets underwhelmed by Carney's dovish guidance
7 Aug 2013

London midday: Markets underwhelmed by Carney's dovish guidance

The FTSE 100 had sunk sharply by Wednesday lunchtime as markets reacted negatively to the Bank of England's (BoE) new forward guidance and improved gr...

London open: Stocks fall as markets await Carney's forward guidance
7 Aug 2013

London open: Stocks fall as markets await Carney's forward guidance

Markets opened with moderate losses on Wednesday morning as investors turned nervous ahead of the Bank of England's inflation report, the first under ...

STOCKS NEWS EUROPE-Old Mutual rises to top of Europe leaderboard
7 Aug 2013

STOCKS NEWS EUROPE-Old Mutual rises to top of Europe leaderboard

Insurer Old Mutual rises to the top of benchmark British and European equity indexes, outperforming a fall on the broader markets, after posting a 14 ...

Old Mutual's first half profits edge higher
7 Aug 2013

Old Mutual's first half profits edge higher

Old Mutual's half-year profits increased on the back of a rise in funds under management (FuM) and client cash flows. Pre-tax profits for the six mon...

Old Mutual operating profit rises on robust cash flows
7 Aug 2013

Old Mutual operating profit rises on robust cash flows

LONDON, Aug 7 (Reuters) - Insurer Old Mutual PLC weathered unpredictable economic conditions for its emerging market businesses to post 14 percent gr...

UPDATE 1-South Africa's Nedbank profits rise but bad loans bite
6 Aug 2013

UPDATE 1-South Africa's Nedbank profits rise but bad loans bite

* Headline earnings up 13 pct * Non-interest revenue up 15 pct * Net interest income up 6.9 pct * Shares down 4 pct this year By Helen Nyambura-Mwaura...

South Africa's Nedbank H1 profit up 13 pct on fee income boost
6 Aug 2013

South Africa's Nedbank H1 profit up 13 pct on fee income boost

* Non-interest revenue up 15.4 pct * Net interest income up 6.9 pct * Shares down 3.5 pct this year JOHANNESBURG, Aug 6 (Reuters) - Nedbank Group, the...

UPDATE 3-Zimbabwe stock market plunges after Mugabe victory
5 Aug 2013

UPDATE 3-Zimbabwe stock market plunges after Mugabe victory

* Bourse re-opens after Mugabe landslide, shares plummet * Fears Mugabe may accelerate foreign company takeovers * Concerns also about return to Zim d...