SL..L Share News (SL.)

Wednesday broker round-up

(ShareCast News) - Relx: Berenberg reiterates buy with a target price of 1600p. Standard Life: Deutsche Bank reiterates buy, 325p target. Arrow Globalik: Jefferies keeps at buy with a 359p target. Ocado: Exane BNP Paribas downgrades to underperform with a 215p target. SafeCharge: Berenberg stays

UK "pensions dashboard" platform to launch March 2017-Treasury

LONDON, Sept 11 (Reuters) - A common platform to enable British savers to group all their pension pots in one place and potentially recover 400 million pounds ($530 million) in lost savings should be ready by March 2017, Britain's finance ministry said on Sunday. The government-backed "pen

UPDATE 1-British finance minister to meet bank bosses on Brexit gameplan

(Adds Hammond comment) By Andrew MacAskill LONDON, Sept 7 (Reuters) - Top British bankers will tell finance minister Philip Hammond on Wednesday to give them a clearer idea of what the country's divorce from the European Union will mean for them when they hold their first meeting sinc

British finance minister to meet bank bosses on Brexit gameplan

By Andrew MacAskill LONDON, Sept 6 (Reuters) - Top British bankers will tell finance minister Philip Hammond on Wednesday to give them a clearer idea of what the country's divorce from the European Union will mean for them when they hold their first meeting since the Brexit vote. Hamm

Ex-divs to take 2.24 points off FTSE 100 on Sept. 8

LONDON, Sept 5 (Reuters) - The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations, the resulting adjustment to prices by market-makers would take 2.24 points off the index

FTSE 100 movers: Miners dive as banks, insurers progress

(ShareCast News) - Mining stocks were headed lower in an overall negative session on the FTSE 100, with gold and three-month industrial metals prices southbound as silver and copper eased ahead. Anglo American faded, having on Tuesday completed the sale of its Foxleigh mine interest, while both f

London close: Blue-chip miners, banks push FTSE higher as house builders fly

(ShareCast News) - London indices closed up thanks to heady gains among house builders after Persimmon posted robust first-half results, with miners, financials and supermarkets also on the up. While house builders dominated the top end of the blue-chip leaders' ladder, it was "miners and banks that

BROKER RATINGS SUMMARY: Jefferies Upgrades BHP Billiton To Buy

Wednesday broker round-up

(ShareCast News) - Polypipe: Berenberg maintains buy with a 360p target. Vodafone: Jefferies reiterates buy with a 260p target. Standard Chartered: HSBC downgrades to hold with a 650p target. Prudential: Goldman Sachs keeps at buy with a target price of 1750p. WPP: Berenberg reiterates hold with

Wednesday newspaper share tips: Regus, Standard Life

(ShareCast News) - Regus appears to be on to something with its flexible business model and markets have caught on, the Financial Times´s Lex column said. Its stock was trading near its 2016 high on a price-to-earnings multiple of close to 25. The real estate firm not only owns its properties,

WINNERS & LOSERS SUMMARY: Worldpay Bid Up After Strong First Half

UPDATE 2-Standard Life posts asset growth despite market turmoil

* Total assets rise 7 pct to 328 bln pounds * GARS fund sees first quarterly outflow * Company looks to bring down cost base (Adds CEO comment, analyst comment, detail from statement, share reaction) By Simon Jessop LONDON, Aug 9 (Reuters) - British insurer and asset man

Standard Life GARS fund sees first ever quarterly outflow: RBC

LONDON, Aug 9 (Reuters) - Standard Life's flagship Global Absolute Return Strategies Fund (GARS) suffered its first quarterly outflow in the second quarter, RBC Capital Markets analysts said in a note to clients, adding they expect outflows from the fund to have worsened since the end of June.Read more

Standard Life operating profit jumps 18% in first half

(ShareCast News) - Standard Life posted an 18% increase in operating profit before tax for the first half thanks to diversification, as its assets under management grew. Operating profit before tax rose to £341m, with assets under management up 7% to £328bn, helped by gross inflows into its growth c

Standard Life gets H1 market boost, first half assets up 7 pct

LONDON, Aug 9 (Reuters) - British insurer and asset manager Standard Life on Tuesday posted a 7 percent rise in first-half assets under administration, as market gains helped to offset outflows from some of its investment funds. Total assets were 328 billion pounds ($425.88 billion), up fro