Old Mutual prices OMAM share sale
Old Mutual has announced a public offering of 13m ordinary shares in Old Mutual Asset Management (OMAM), representing further progress towards breaking the business into four separate units.
Old Mutual has announced a public offering of 13m ordinary shares in Old Mutual Asset Management (OMAM), representing further progress towards breaking the business into four separate units.
Rising oil prices, cheap domestic stocks and weaker sterling will create the perfect storm for the FTSE 100, boosting it to a record 7340 by the end of 2017, according to AJ Bell investment director Russ Mould.
As another busy week for British company results kicks off it could be a good time to take the plunge on raising a United Kingdom equities allocation.
Ever get the feeling you’ve been cheated? As I write, the masses are rebelling against a momentous decision that has thrown the free world off its axis… and that’s just the changing shape of the Toblerone.
HSBC gained 4.88% in early trading as it reported its Q3 results, despite posting an 86% fall in profits for the period.
Shares in FTSE 100 advertising company WPP climbed by over 4% to 1777p on Monday after it revealed strong third quarter sales despite the Brexit vote.
Shares in Barclays climbed on Thursday after the bank reported third quarter profits up 35% on last year to £837m.
Unilever shares slid this morning as it announced third quarter results and news of a fall-out with one of its biggest customers spread.
As the FTSE 100 settles into its lofty position above 7000, investors will be asking whether it is time to bank some profit.
The FTSE 100 slid 1.2% to 6822 on Monday morning as widespread negative sentiment hit shares across the board.
BHP Billiton shares were the second highest riser in the FTSE 100, climbing 3.3% to 1076.8p despite reporting record losses in its interim results Tuesday morning.
Royal Bank of Scotland shares slipped 4.6% after the bank reported a worse than expected loss.