Prudential News
17-05-2012
Mariano Rajoy pleaded for an urgent "defence of the euro project" yesterday as Madrid was close to being locked out of international markets by "astronomical" borrowing costs. The prime minister of Spain called for European leaders to publicly back the so-called 'sinner states' amid fears that contagion from Greece could trigger a highly-anticipated Spanish banking crisis and then a bail-out. Mr Rajoy told state television there was "a serious risk we will not be able to borrow - or borrow at astronomical prices" unless they succeeded in bringing down the debt levels and regaining market confidence. "All these measures are to get out of the hole we find ourselves in," he said, according to The Telegraph.
09-05-2012
Asia continues to be the engine of growth for insurance behemoth Prudential, while the significance of the UK diminishes.
24-04-2012
- Footsie rebounds after Monday's steep losses
- Shell makes 220p-a-share offer for Cove
- Capita drops after proposing placing
23-04-2012
- Chinese, Eurozone PMIs show contraction
- Eyes on political situation in France, Netherlands
- Miners provide a drag on Footsie
23-04-2012
Miners are taking a hammering after the HSBC preliminary flash purchasing managers' index (PMI) rose from 48.3 to 49.1 in April but still remained under the crucial 50-point level, which shows that the industry is still contracting.
19-04-2012
- Stocks wobble after US data, French rumours
- Spanish auction strong
- Cable and Wireless Worldwide extends offer deadline
19-04-2012
- Spanish auction well received despite rising yields
- US futures up in wake of earnings results
- Hargreaves leads Footsie higher, CWW plummets on FTSE 250
19-04-2012
Hargreaves Lansdown, the financial services provider and asset management group, rose strongly after seeing a record level of Assets under Administration (AuA) in the three months to March 31st despite the tough macro-economic conditions.
19-04-2012
Jefferies has raised its recommendation for engineering group IMI from hold to buy, saying that while the group isn't exactly geared for high growth, it does provide high returns.
19-04-2012
UBS has reiterated its buy rating for insurance group Prudential, saying its division Prudential Corporation Asia (PCA) compares favourably to pan-Asian life insurance rival AIA due to its structural advantages.
19-04-2012
Afren, African Barrick Gold, APR, BHP, Bunzl, DMGT, Debenhams, GKN, Hays, Hiscox, IMI, Ladbrokes, Moneysupermarket.com, Prudential, SABMiller, StanChart, WH Smith
05-04-2012
- Market awaits BoE decision
- Ashmore flying high after upgrade
- Miners recover after sell-off yesterday
02-04-2012
A round-up of the biggest director deals today so far.
30-03-2012
A round-up of the biggest director deals today so far.
28-03-2012
- UK Q4 GDP weaker than first thought
- RSA leads ex-div stocks lower
- Comments from ECB's Weidmann weigh on markets
28-03-2012
- Investors await UK GDP data
- RSA, Pru, Anglo among ex-div stocks providing a drag
- Kenmare, Petropavlovsk lead rise on FTSE 250
28-03-2012
- UK Q4 GDP weaker than first thought
- RSA leads ex-div stocks lower
- Defensives in demand
26-03-2012
-Fed (Plosser) says timing of Fed exit remains to be seen
-IFO (Wohlrabe) says inflation and oil price not a big danger yet
-IFO (Wohlrabe) says inflation and oil price poses potential risks
19-03-2012
A round-up of the biggest director deals today so far.
16-03-2012
- Financials stock, Tullow oil lead the rise on the Footsie
- Barroso sees improvement in the Eurozone
- Oil prices rebound
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