Unilever withdraws plans to scrap dual listing and relocate out of UK
The FTSE 100-consumer goods giant said the proposal had “not received support from a significant group of shareholders” after it outlined the plans in September
Company
Aviva PLC
LON:AV.
Aviva is the world's fifth-largest insurance group and the biggest in the UK. Aviva is one of the leading providers of life and pensions products in Europe and have substantial businesses elsewhere around the world.
401 stories · page 4 of 5
FTSE 100 closes sharply lower as sterling gains and miners weigh
The UK blue - chip index finished down 99.8 points at 7,318, while FTSE 250 was also lower
Unilever downgraded to ‘hold’ by Jefferies as storm clouds gather on single listing and emerging markets
In a note to clients, Jefferies’ analysts said while the potential shift was a point of regret, the listing controversy was “a relative sideshow” with other near-term risks approaching
New contract wins with UK blue-chips help first-half revenues soar at Be Heard
New business from the likes of Vodafone and GSK and a strong contribution from The Corner, which it acquired in December, meant revenues jumped 70% in the first half
Aviva asset management arm says it will vote against move by Unilever to scrap FTSE 100 listing
Aviva Investors, which owns a 1.4% stake in Unilever, said it would not receive any added value from the firm's move out of the UK’s blue-chip index
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FTSE 100 closes firmly higher as investors fret less on China/US relations
The UK blue-chip benchmark closed up over 58 points at 7,556, while its mid-cap cousin FTSE 250 added almost 142 points
Investments and investor services
Lloyds and HSBC go ex-div, but has the BBQ summer saved Kingfisher’s first half?
Investors in the B&Q owner will be hoping for a BBQ boost sufficient to offset the springtime freeze.
Brewin Dolphin names finance boss of Legal & General Investment Management as its finance director
Back at the end of April, the FTSE 250-listed firm announced the surprise departure of its finance director Andrew Westenberger, who left by mutual agreement on May 16
FTSE 100 closes in red as traders fret about Turkey crisis
The UK benchmark of leading shares closed down over 24 points at 7,642.
Archive
Heatwave should provide a lift for BBQ and garden products at retailer Kingfisher
Aside from the DIY retailer's numbers, the Week Ahead diary includes updates from miner Antofagasta, and motor insurers Admiral and esure, plus a raft of key UK data
Aviva sees first-half operating profits slip on big jump in weather claims; hikes dividend by 10%
For the six months to 30 June 2018, the FTSE 100-listed insurer said its operating profit dipped by 2% to £1.44bn, down from £1.47bn a year earlier, although excluding disposals its operating profit was up 4%
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FTSE 100 joins European stocks to close lower as trade worries weigh
FTSE 100 lost almost 77 points to close the day at 7,575, while FTSE 250 was also down, off over 252 points at 20,548
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Bank of England widely expected to hike rates but will the decision be unanimous?
A month ago, a rate hike of a quarter of a point seemed nailed on. Most economists still think it is the most likely outcome but the decision may not be unanimous given some recent iffy economic data
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Banks in the foreground as the BoE and Fed make rate decisions; Barclays, Lloyds, RBS all report results
Aside from the raft of banking numbers in the Week Ahead, the likes of BP, Centrica, Next, Rolls-Royce, BAE Systems and Taylor Wimpey will also continue the FTSE 100 reporting splurge
Aviva and RSA Insurance up on possible takeover interest after report Allianz on the prowl for large acquisition
The newspaper said that the German insurance giant's chief executive Oliver Bäte is said to have been working with investment bankers for several months on a hit list of possible deals
Investments and investor services
FTSE 100 ends in red as trade war beckons between two economic giants
The UK premier share index closed 2.58 points, or 0.03% to stand at 7,631
Aviva to compensate 6,000 customers affected by problems with pensions platform
Aviva customers faced payment delays and other issues resulting from a botched update to a pension platform.
Aviva to compensate investors after failed attempt to cancel preference shares
Aviva will offer a "discretionary goodwill payment" to those who sold preference shares between March 8 and 22
Strat Aero invests £0.25mln in rotating shaft monitoring company
The AIM-listed aerial reconnaissance specialist said Gyrometric Systems Limited had developed a unique system for reliably collecting, analysing and monitoring digital data from rotating shafts
Strat Aero subsidiary chosen as leading supplier for Aerial Survey and Inspection by Aviva
The AIM-listed aerial reconnaissance specialist said it would update the market on any revenue implications for the company as they became clearer
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Proactive news snapshot: Echo Energy, Symphony Environmental Technologies, 88 Energy …
A glance at some of the day's highlights from the Proactive Investors newswire
FTSE 100 closes firmly higher despite disappointing service sector stats
The UK bluechip-benchmark closed over 165 points higher at 7,199, while the FTSE 250 added over 311 points at 19,576
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British Airways owner IAG and rival easyJet expected to continue March airline traffic boost
The day ahead includes March traffic from blue chip airlines easyJet PLC and British Airways owner International Airlines Group PLC, plus a trading update from Electrocomponents PLC
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Topps Tiles, IAG, easyJet, Electrocomponents and US jobs in focus after Easter break
The week ahead includes interims from Topps Tiles, traffic statistics from easyJet and IAG, a trading statement from Electrocomponents and the US non-farm payrolls report
Aviva abandons plans to cancel preference shares after opposition from investors, FCA scrutiny
The FTSE 100-listed insurer said: “Since the full year results announcement on 8 March 2018, Aviva plc has heard a wide range of views on its preference shares, has spoken to a large number of investors and has received strong feedback and
FTSE 100 finishes the week on a bright note after US jobs boost
The Footsie perked up after US jobs growth in February was way off the charts
Aviva slips after in-line 2017 profits; to spend £500mln on buy-backs, £600mln on 'bolt-on' acquisitions
The FTSE 100-listed general and iife insurer said its 2017 operating profit rose by 2% to £3.1bn, just above the company-supplied consensus forecasts of £3bn
Investments and investor services
FTSE 100 closes higher as trade war fears ease
The premier UK blue-chip exchange added around 45 points at 7,203, while FTSE 250 also stormed higher, up 193 points at 19,968.
Aviva bids farewell to Spanish banking units in £178mln sale
The FTSE 100 group has sold the stakes to the state-owned lender Bankia for 2.1 times' Aviva's share of the IFRS net asset value
Tesla's cloud system hijacked by hackers for cryptocurrency mining, according to cybersecurity firm
A CNBC report said hackers were able to infiltrate the electric car maker's administration console because it was not password protected, according to RedLock
Deutsche Bank upbeat on European insurance sector, raising price targets for a swathe of UK names
The bank's analysts said insurers "look reasonably positioned – cushioned against market weakness by strong balance sheets and on PEs that are well within the long-term trading range”
Aviva and Prudential are top picks for 2018, says Barclays Capital
A ‘goldilocks’ economy should allow stable delivery of dividends, says the bank's number crunchers
Aviva lifts earnings, cash and dividend targets after successful turnaround
Aviva has £3bn of excess cash to deploy over the next two years
Aviva shares jump after report says insurer is set to announce £1bn share buyback
Aviva has £1.5bn of excess capital to deploy, according to estimates by Barclays
Barclays expecting Aviva to launch £1bn buyback scheme and pay off £500mln of debt in 2018
The bank has upgraded its rating to ‘overweight’ and bumped up its price target to 567p
Aviva to sell Taiwan business to joint venture partner First Financial
Aviva said a review of its Tawain business found that it was not central to the group’s strategy
FTSE 100 closes firmly in positive territory as sterling slides
The FTSE 100 rose to within a couple of points of 7,500 after US markets opened higher
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Tesco and Greggs to give a taste of high street conditions; hurricanes could have blown away US jobs
Week ahead to include first half results from supermarkets giant Tesco PLC, an update from high bakery chain Greggs PLC (LON:GRG), and the latest US jobs data
FTSE 100 closes almost 36pts up as traders buy back in
The blue chip index closed out almost 36 points higher at 7,413
Aviva sells stake in Italian joint venture to Banco BPM
Aviva said the sale of its holding in its Italian joint venture with Banco Popolare will allow it to invest in future growth
FTSE 100 finishes 63 points up, boosted by weak pound
Around 3pm, the UK benchmark index was ahead almost 65 points at 7,476, just holding off the day’s peak of 7,484.53 hit after the Bank of England left UK rate unchanged
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Next to unveil improved second quarter with sales boosted by warm weather
Next is expected to shine in its second quarter trading update
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Banks to dominate another busy earnings week, including numbers from HSBC and RBS
Week ahead: HSBC, Royal Bank of Scotland, Royal Dutch Shell, Next, Centrica, Shire, US jobs, Bank of England policy meeting ...
Aviva sells loss-making international arm Friends Provident for £340mln
The UK insurer is scaling back overseas to focus on its more profitable core businesses
Investments and investor services
FTSE 100 finishes over 40 points ahead with housebuilders in support
The blue chip index closed up 40.69 at 7,430 on the day
Footsie up ahead of close; unrest at ITV hits shares
The bulls could not quite push the top-share index above 7,400. Tomorrow they'll have a harder job with ex-div stocks lopping about 14 points off the Footsie
Barratt Developments set to shrug off Brexit worries with positive trading update
Barratt Developments is set to report robust trading in its latest update while TalkTalk posts its full year earnings under a new chairman and CEO
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Pensioners, Ofcom and rivals snap away at BT
Week ahead: BT and Talk Talk: ITV, Barratt Developments, Centrica, William HIll and more ...
Berenberg repeats sell on Aviva in note entitled "Squeeze until the pips squeak"
Analyst Trevor Moss raised Aviva's target price to 456p from 440p, reflecting a share buy-back move, albeit with the stock trading at 512p, down 2.0p in early morning trade
Wolseley name change: plumb crazy or not?
What would the bard say about Wolseley's name change. Would a bidet by any other name still smell ... er ... of porcelain?
Cape reaches settlement deal over product liability claims relating to its historical asbestos activities
The settlement provides for an upfront payment of £18mln, inclusive of substantial legal costs, which will be paid to the insurer litigants immediately.
Aviva - the lean, mean cash-generating machine
The first line from the chief executive’s obligatory quote, top of the annual results page, tells investors just exactly what their getting.
FTSE 100 stocks endure a refund as supermarket Morrison falls
FTSE 100 stocks bagged a net loss on Thursday after supermarket chain WM Morrison fell on an uncertain outlook
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Day ahead: Morrison's results revival expected; ECB to hold pat on policy
The FTSE 100-listed food retailer reported a 2.9% increase in its like-for-like sales, for the first nine weeks of the fourth quarter - its best performance in seven years.
Hastings takes £20mln hit from surprise change to discount rate
The impact of the change pales, when compared with Aviva PLC (LON:AV.), which has said it will book a £385mln charge and Direct Line (LON:DLG), which estimates the hit will be in the order of £215-£230mln.
Investments and investor services
FTSE 100 rises as rally in Unilever and Bunzl offset slump in motor insurers
At 3.33pm, the index of blue-chip shares was up just over 14 points at 7,257
Investments and investor services
FTSE ends higher after tax cut pledge powers Wall St rally to record levels
FTSE 100 shares closed higher on Thursday in tandem with a US equity rally after President Donald Trump announced “phenomenal” corporate tax reform Wall Street had been waiting for with bated breath
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FTSE stocks powered higher by financials, non-farm payrolls
FTSE 100 stocks closed higher on Friday, offered a leg up by surprisingly strong US non-farm payrolls number and financial stocks confident burdensome US regulation was about to get scaled back
FTSE 100 shares close lower, tracking Dow and Donald
FTSE 100 shares closed lower on Tuesday in sympathy with declines of up to 160 points on Wall Street’s DJIA as the fallout of US President Donald Trump’s first week in office continued to take its toll
Standard Life tops the FTSE 100 fallers as Deutsche Bank cuts rating to 'hold'
In a review of the European Insurers, the broker cut its stance on Standard Life to ‘hold’ from ‘buy’ and reduced its target price on the stock to 370p from 390p.
FTSE 100 pares losses after banks recover
FTSE 100 shares dug themselves out of a hole to close just softer on Friday after banks recovered from heavy falls on speculative reports that troubled Deutsche Bank's US fine may be reduced
Investments and investor services
FTSE100 ends unchanged in Fed vigil
UK stocks ended flat on Wednesday as jitters ahead of the Federal reserve’s rate decision set in
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Brokers: Just Eat a tasty investment according to Jefferies
The online food order and delivery service received a boost from the bank, while elsewhere insurance firms were in the spotlight
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EasyJet flies higher after Cantor upgrade
He reckons the share price fall of 40% in the year so far on concerns about trading, disruption to operations and Brexit is overdone.
London shares rally after BoE offers deep rescue package post-Brexit
London shares rallied on Thursday in spite of a widely-trailed Bank of England rate cut to its lowest since the central bank was founded in 1694, as policymakers threw a bundle at worries over economic fallout following Britain’s vote to qu
Bank of England rate cut boosts FTSE 100 Index
The FTSE 100 Index responded to the interest rate cut by rising 89.9 points to 6724.32
Investments and investor services
Bank of England rate cut boosts FTSE 100 Index
The FTSE 100 Index responded to the rate cut by rising 67.6 points to 6700.45
Archive
Brokers: BAE Systems gets an upgrade
Deutsche Bank was bullish on the prospects of the defence specialist on Monday, upping its target price for the stock
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Standard Chartered PLC too expensive, suggests Deutsche
An early look at some broker views at the start of the week
London stocks fall as Brexit woes continue to weigh
London’s FTSE 100 closed down on Wednesday in a repeat of the previous session’s gyrations over the ongoing Brexit vote shock
Investments and investor services
FTSE 100 Index falls as pound plunges to new low
The FTSE 100 Index reversed modest gains to stand 103.29 points adrift at 6442.08
FTSE 100 Index rises but pound slumps on 'Brexit' fears
The FTSE 100 Index increased 11.54 points to 6556.91
London stocks end firm but smaller stocks hurt by Brexit as BoE starts a liquidity blitz
London’s FTSE100 index closed firmer after a see-saw session on Tuesday but smaller stocks were hurt as post-Brexit sterling fell 2% and hit a new 1985 low, a gilt auction marked a record-low yield, and the Bank of England pumped emergency
Smaller stocks suffer as economic chaos grows after 'Brexit' vote
The FTSE 250, which contains more UK-focused stocks than the Footsie, fell 418.8 points to 15,697.9
FTSE 100 closes above Brexit crisis levels
London’s FTSE 100 index on Wednesday closed above “Brexit” crisis levels for the first time since the morning of the In-Out European Union referendum polling last Thursday
FTSE 100 rises back above pre-Brexit levels
As the status quo is unlikely to change in the immediate term, some Brexit worries have been set aside - even if it's just for now.
Aviva says unlikely to face EU vote hit but forecasts years of uncertainty
Aviva said it believed EU vote outcome would have no significant operational impact on the company
Investments and investor services
Preview: Shell AGM and Kingfisher results
Tuesday brings Royal Dutch Shell Plc (LON:RDSB) into focus, as it holds its AGM, elsewhere, retailer Kingfisher releases results.
GW Pharmaceuticals Plc lights up AIM 100 on epilepsy success
Standing at 3,364 the FTSE AIM 100 closed sharply higher, up 86 points or 2.65%.
Investments and investor services
Aim 100 index halves week's losses
Aim's leading lights ended a rough week on a bright note
Small caps higher at lunch but blue chip brother higher
Junior oilers were making ground as small cap indices went higher but were still left in the rear view mirror by FTSE100.
Thursday's agenda: Investors seek calmer waters at Amec Foster Wheeler
Amec said in November that it expected second half margins to be below those in the first half
Archive
There is light at the end of Lloyds Banking's tunnel
Other companies featured: Amec Foster Wheeler, Aviva, Aveva, Hunting and Petrofac
Most followed – Ferrari, Tesla and Footsie
On a day when global stockmarkets were taking a bashing, even a market debut by sports car giant Ferrari didn't exactly speed off the line.
Thursday's agenda: Early chance for new Barclays CEO to set out his stall
BT and Royal Dutch will be competing with Barclays for top billing
Week Ahead: Banking sweepstakes
Three of the big four banks report this week, while the big three integrated oil majors also weigh in.
Week Ahead: Banking sweepstakes
Three of the big four banks report this week, while the big three integrated oil majors also weigh in.
UK car insurers boosted as premiums on the up again
Shares in Britain's best known car insurers were boosted today as it emerged premiums have risen 8.1% in the third quarter this year ...
FTSE100 well ahead with Sainsbury's and insurers in focus
Sainsbury's fuelled rise by forecasting annual profits above expectations
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Top flight shares flounder amid more China gloom
China's economy is slowing down and Beijing may miss targets, said economists
Market takes fright as Chinese manufacturing drops again
Disappointing manufacturing data from UK and France failed to lift sentiment
US shares slump again on China fears
China's economy is slowing down and Beijing may miss targets, said economists
Investments and investor services
Most followed: Aviva, RSA Insurance, Shell, Sound Oil, Super Thursday, ValiRx, Zurich Insurance
Bank of England governor Mark Carney hopes the adoption of Three-In-One will oil the decision making process.
Aviva enters the growth phase as £5.6bn Friends deal beds in
Three months after acquiring Friends Life, Aviva already looks to be making headway.
Investments and investor services
Thursday's agenda: Super Thursday as BoE embraces change
The Bank of England has fallen into line with many other central banks by holding a press conference following the announcement of its interest rate decision.
Investments and investor services
Week Ahead: HSBC - one last time before exiting stage right?
HSBC and Standard Chartered are often bracketed together because of their focus on Asian markets, and they continue their double-act this week.