PhoenixHoldings

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Reuters - 3 days ago

Most Gulf bourses end higher; Egypt extends loss

MIDEAST STOCKS-Most Gulf bourses end higher; Egypt extends loss By Md Manzer Hussain Nov 19 (Reuters) - Stock markets in the Gulf ended higher on Tuesday as investors brushed aside worries about the U.S Federal Reserve interest rate trajectory and volatile oil prices, although the Qatar index fell with a tepid performance across most sectors. Dubai's benchmark stock index .DFMGI gained 0.4% after a loss the previous session, with most sectors in the green.

Reuters - 3 days ago

Gulf shares up in early trading, Qatar slips

MIDEAST STOCKS-Gulf shares up in early trading, Qatar slips By Md Manzer Hussain Nov 19 (Reuters) - Most stock markets in the Gulf were up in early trade on Tuesday, but Qatar slipped due to losses across most sectors. Dubai's benchmark stock index .DFMGI rose 0.4%, rebounding after losses in the previous session, with Commercial Bank of Dubai CBD.DU adding 4.1% and Emaar Properties EMAR.DU advancing 1.7%.

Reuters - 2 weeks ago

UK Stocks-Factors to watch on Nov. 6

UPDATE 1-UK Stocks-Factors to watch on Nov. 6 Adds new items, updates futures Nov 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening h igher on Wednesday, with futures FFIc1 u p 1.1% . * PERSIMMON: British homebuilder Persimmon PSN.L said sales rates since the start of the third quarter were well ahead of last year, but flagged concerns around signs of build costs emerging in price negotiations for 2025. * MARKS & SPENCER: British retailer Marks & Spencer MKS.L forecast "further progre

Reuters - 2 weeks ago

Phoenix Group names Nic Nicandrou as chief financial officer

Phoenix Group names Nic Nicandrou as chief financial officer LONDON, Nov 6 (Reuters) - Phoenix Group Holdings said on Wednesday it had appointed former Prudential PRU.L executive Nic Nicandrou as its chief financial officer from Dec. 2, as it steps up efforts to become the UK's leading retirement savings and income business. An insurance sector veteran, Nicandrou previously served as Chief Executive Officer of Prudential Asia & Africa, the largest division of Prudential plc, as well as holding t

Reuters - 3 weeks ago

Blocked Vodacom merger derails S.African telcos M&A push, analysts say

UPDATE 1-Blocked Vodacom merger derails S.African telcos M&A push, analysts say Ruling may delay telecom infrastructure investments Regulators fear consolidation could harm consumers Analysts predict slow, costly telecoms sector expansion Adds Vodacom declined to comment in paragraph 22 By Nqobile Dludla JOHANNESBURG, Nov 4 (Reuters) - The Competition Tribunal's decision to block a merger between Vodacom and a major fibre operator will likely derail a push by South African telecoms firms to use

Reuters - 3 weeks ago

Blocked Vodacom merger derails S.African telcos M&A push, analysts say

Blocked Vodacom merger derails S.African telcos M&A push, analysts say Ruling may delay telecom infrastructure investments Regulators fear consolidation could harm consumers Analysts predict slow, costly telecoms sector expansion By Nqobile Dludla JOHANNESBURG, Nov 4 (Reuters) - The Competition Tribunal's decision to block a merger between Vodacom and a major fibre operator will likely derail a push by South African telecoms firms to use big M&A deals as a shortcut to digital infrastructure expa

Reuters - 2 months ago

Mining stocks drag FTSE 100 down; energy stocks gain for fifth day

UPDATE 1-Mining stocks drag FTSE 100 down; energy stocks gain for fifth day FTSE 100 down 0.1%, FTSE 250 down 0.2% Updated at 1555 GMT By Khushi Singh and Lisa Pauline Mattackal Oct 3 (Reuters) - The UK's benchmark FTSE 100 edged lower on Thursday, with losses in mining shares offsetting another strong day for energy companies, while Britain's biggest supermarket group Tesco climbed after raising its annual profit forecast.

Reuters - 2 months ago

UK Stocks-Factors to watch on Oct 3

UPDATE 1-UK Stocks-Factors to watch on Oct 3 Adds new items, updates futures Oct 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher, with futures FFIc1 up 0.2%. * TESCO: Tesco TSCO.L raised its annual profit forecast as Britain's biggest supermarket group won market share in its first half, giving it momentum ahead of the key festive trading period.

Reuters - 2 months ago

UK Stocks-Factors to watch on Oct 3

UK Stocks-Factors to watch on Oct 3 Oct 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower, with futures FFIc1 down 0.49%. * BANKS: Britain is giving banks enhanced new powers to delay and investigate suspicious payments in a bid to slash the estimated 460 million pounds ($610 million) lost to fraud in the last year. * BRITISH LAND: Property firm British Land Co Plc BLND.L said on Wednesday it has acquired a portfolio of seven retail parks from Brookfield Asset Management BAM.TO

Reuters - 2 months ago

Big UK investors poised to buy the dip in US property

Big UK investors poised to buy the dip in US property By Iain Withers and Sinead Cruise LONDON, Sept 23 (Reuters) - British investment managers Legal & General LGEN.L and Schroders SDR.L are to invest hundreds of millions of dollars in commercial property in the United States, but are largely steering clear of the hard-hit office sector, the companies told Reuters.

Reuters - 2 months ago

FTSE 100 rises ahead of key central bank meetings

UPDATE 1-FTSE 100 rises ahead of key central bank meetings For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 up 0.1%, FTSE 250 up 0.2% Playtech leaps after hiking core profit forecast Phoenix Group down on halting SunLife sale BoE rate cut helps boost UK housing market but concerns remain Sterling gains ahead of UK inflation data, BoE meeting this week Fed monetary policy meeting, due Wednesday Updated at 1545 GMT By Khushi Singh

Reuters - 2 months ago

European shares end marginally lower on tech drag; Fed in focus

UPDATE 2-European shares end marginally lower on tech drag; Fed in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window France's Rexel jumps after rejecting $9.4 bln QXO bid UK insurer Phoenix falls on halting sale of unit SunLife STOXX 600 down 0.2% Updated at 1600 GMT By Shubham Batra and Shashwat Chauhan Sept 16 (Reuters) - Europe's STOXX 600 closed slightly lower on Monday as losses in heavyweight technology shares weighed on the in

Reuters - 2 months ago

Tepid start for STOXX as miners weigh

LIVE MARKETS-Tepid start for STOXX as miners weigh STOXX 600 up 0.1% Miners down after China data M&A activity provides lifts Week's cenbank meetings loom Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com TEPID START FOR STOXX AS MINERS WEIGH The STOXX 600 .STOXX has kicked off the week hovering around flat, last up 0.1% after mostly flashing red for the first hour of trading.

Reuters - 2 months ago

UK insurer Phoenix falls on halting sale of unit SunLife

BUZZ-UK insurer Phoenix falls on halting sale of unit SunLife ** Shares in Phoenix Group PHNX.L down 2.7% at 561p, top loser on FTSE 100 index .FTSE ** The British insurer halts sale process of its SunLife business due to market uncertainty ** Says "Given the current uncertainty in the protection market, the Board ....will focus on enhancing the va

Reuters - 2 months ago

Weak start for Europe ahead of packed week

LIVE MARKETS-Weak start for Europe ahead of packed week Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com WEAK START FOR EUROPE AHEAD OF PACKED WEEK European stocks are heading for a lacklustre start to what promises to be an eventful week, as traders gear up for policy decisions from the Fed, the Bank of England, and the Bank of Japan, as well as some key data.

Reuters - 2 months ago

UK Stocks-Factors to watch on Sept 16

UPDATE 1-UK Stocks-Factors to watch on Sept 16 Updates futures, adds new items in bullets 1, 2 and 9 Sept 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures FFIc1 down 0.15%. * PHOENIX GROUP: British insurer Phoenix Group PHNX.L reported its first-half earnings and total cash ahead of market expectations on Monday, boosted by its pensions and savings business, but halted the sale process of its SunLife business due to market uncertainty.

Reuters - 2 months ago

UK insurer Phoenix halts SunLife sale on regulatory uncertainty

UPDATE 2-UK insurer Phoenix halts SunLife sale on regulatory uncertainty Britain's financial watchdog examining pure protection insurance Shares fell 2.8% as SunLife news overshadowed strong results Phoenix's H1 cash generation and profit surpassed expectations Adds CEO comments in paragraphs 3,5, background and shares throughout By Yadarisa Shabong Sept 16 (Reuters) - British insurer Phoenix Group PHNX.L has stopped the sale process of its SunLife business, it said on Monday, citing regulatory

Reuters - 2 months ago

Phoenix Group Targets £900 Mln Of IFRS Adj Operating Profit In 2026

BRIEF-Phoenix Group Targets £900 Mln Of IFRS Adj Operating Profit In 2026 Sept 16 (Reuters) - Phoenix Group Holdings PLC PHNX.L : PHOENIX GROUP HLDGS - 2024 INTERIM RESULTS PHOENIX : DECLARED AN INTERIM DIVIDEND WHICH IS A 2.5% YEAR-ON-YEAR INCREASE PHOENIX GROUP HOLDINGS PLC - REPORTS HY IFRS LOSS AFTER TAX OF £646M PHOENIX : ON TRACK TO DELIVER

Reuters - 2 months ago

UK insurer Phoenix posts 15% rise in profit, halts sale of SunLife

UK insurer Phoenix posts 15% rise in profit, halts sale of SunLife Sept 16 (Reuters) - British insurer Phoenix Group PHNX.L on Monday reported a 15% jump in operating profit in the first half of the year on strength in its pensions and savings business. The group, however, said it has halted the sale process of its SunLife business, citing current uncertainty in the market.

Reuters - 2 months ago

UK corporate earnings week ahead

DIARY-UK corporate earnings week ahead Sept 13 (Reuters) - Diary of U.K (.FTSE) corporate earnings for the week ahead UK EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 16-Sep-2024 NTS PHNX.L Phoenix Group Holdings PLC Half Year 2024 Phoenix Group Holdings PLC Earnings Release 17-Sep-2024 BMO KGF.L Kingfisher PLC Half Year 2025 Kingfisher PLC Earnings Release 19-Sep-2024 06:00 NXT.L Next PLC Half Year 2024 Next PLC Earnings Release ** All times are listed in BMO - 'Before market

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