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Bain Capital taps advisers for sale of UK's esure, sources say

EXCLUSIVE-Bain Capital taps advisers for sale of UK's esure, sources say By Amy-Jo Crowley and Carolyn Cohn LONDON, Sept 13 (Reuters) - Private equity firm Bain Capital has lined up advisers for the possible sale of British motor and home insurer esure, three people familiar with the matter told Reuters. Fenchurch is among the advisers tapped for the sale, two of the people said.
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UK Stocks-Factors to watch on Sept 12

UPDATE 1-UK Stocks-Factors to watch on Sept 12 Adds news items, updates futures Sept 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 1.2%. * GSK: British drugmaker GSK GSK.L announced positive results from its mid-stage trial of its seasonal influenza vaccine programme using the messenger RNA (mRNA) technology, saying it would now progress to late-stage clinical development.
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UK Stocks-Factors to watch on Sept 12

UK Stocks-Factors to watch on Sept 12 Sept 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 1.03%. * RIO TINTO: A Native American group on Wednesday asked the U.S. Supreme Court to block Rio Tinto RIO.L and BHP BHP.AX from gaining access to Arizona land needed to build one of the world's largest copper mines.
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Alcon, Rockwool, Zealand Pharma

EUROPE RESEARCH ROUNDUP- Alcon, Rockwool, Zealand Pharma Sept 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alcon, Rockwool and Zealand Pharma, on Tuesday. HIGHLIGHTS * Alcon AG ALCC.S : RBC raises to outperform from sector perform * Maersk MAERSKb.CO : JP Morgan resumes coverage with underweight rating; target DKK 8,575 * Rockwool ROCKB.CO : HSBC raises target price to DKK 3,200 from DKK 3,100 * Wizz Air WIZZ.L : JP Morgan cu
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FTSE 100 dips on declines in personal goods and homebuilders

UPDATE 1-FTSE 100 dips on declines in personal goods and homebuilders For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 down 0.4%, FTSE 250 flat UK services activity at four-month high in August Barratt sees return to profit growth by 2026 Personal goods index slips to lowest levels in over 14 years Updated at 1540 GMT By Khushi Singh Sept 4 (Reuters) - Britain 's main stock index e nded lowe r on Wednesday , l ed by a drop in per
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Technology stocks lead European shares lower as growth worries weigh

UPDATE 2-Technology stocks lead European shares lower as growth worries weigh Euro zone August business activity gains from Olympics lift Commerzbank slips as German government aims to reduce stake Volvo Cars stock drops after scrapping 2030 EV-only target STOXX 600 down 1% Updated at 1612 GMT By Shubham Batra and Lisa Pauline Mattackal Sept 4 (Reuters) - Europe's main share indices fell to a two-week low on Wednesday, with technology stocks leading declines as concerns of an imminent slowdown i
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UK insurer Direct Line falls after profit miss

BUZZ-UK insurer Direct Line falls after profit miss ** British insurer Direct Line's DLGD.L shares down 1.7% at 189.8p ** Co misses expectations for its half-year operating profit as it struggles to reinvigorate business, particularly its motor insurance arm ** Posts ongoing operating profit of 63.7 million pounds ($83.47 million) against estimates
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UK Stocks-Factors to watch on Sept 4

UPDATE 1-UK Stocks-Factors to watch on Sept 4 Updates futures, adds news items in bullet 1- 4 Sept 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0 .85%. * B ARRAT: British housebuilder Barratt BDEV.L posted a better-than-expected annual profit on Wednesday, and said housing demand continues to be sensitive to mortgage affordability.
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UK insurer Direct Line misses profit view as motor arm disappoints

UPDATE 2-UK insurer Direct Line misses profit view as motor arm disappoints Expects motor division to improve in H2 Policy attrition for motor insurance slows Shares reverse course to rise 1% Recasts headline, adds CEO quote in paragraph 4, analyst quote in paragraph 7, details throughout By Yamini Kalia Sept 4 (Reuters) - Britain's Direct Line Insurance DLGD.L missed expectations for its half-year operating profit on Wednesday, after struggling to reinvigorate its business, but said it expected
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Direct Line Expect Motor's Net Insurance Margin To Improve During H2

BRIEF-Direct Line Expect Motor's Net Insurance Margin To Improve During H2 Sept 4 (Reuters) - Direct Line Insurance Group PLC DLGD.L : DIRECT LINE INS GRP - HALF-YEAR REPORT 2024 DIRECT LINE INSURANCE: SOLVENCY CAPITAL RATIO HAS IMPROVED DURING FIRST HALF TO A STRONG 200% PRE-DIVIDEND DIRECT LINE INSURANCE: HY DIVIDEND PAYMENT OF 2.0 PENCE PER SHAR
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UK insurer Direct Line misses half-year profit expectations

UK insurer Direct Line misses half-year profit expectations Sept 4 (Reuters) - Direct Line Insurance Group DLGD.L missed expectations for half-year operating profit on Wednesday as the British insurer struggles to reinvigorate its business, particularly its motor insurance arm. The London-listed company posted ongoing operating profit of 63.7 million pounds ($83.49 million) against estimates of 85 million pounds, according to a company-compiled consensus.
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UK Stocks-Factors to watch on Sept 4

UK Stocks-Factors to watch on Sept 4 Sept 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.78%. * HOMEBUILDERS: Top UK homebuilders Vistry VTYV.L and Barratt BDEV.L will likely strike a cautiously optimistic tone on demand recovery when they report earnings this week as interest rates ease and government policy reforms take shape.
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Europe's STOXX 600 corporate earnings week ahead

DIARY-Europe's STOXX 600 corporate earnings week ahead Aug 30 (Reuters) - Diary of Europe's STOXX 600 (.STOXX) corporate earnings for the week ahead EUROPE'S STOXX 600 EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 02-Sep-2024 09:00 BAYGn.DE Bayer AG Bayer AG Investor Webinar to Discuss Results from FINEARTS-HFP 02-Sep-2024 09:00 PZU.WA Powszechny Zaklad Ubezpieczen SA Half Year 2024 Powszechny Zaklad Ubezpieczen SA Investor Chat (Polish) 03-Sep-2024 NTS BKWB.S BKW AG Half Year
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FTSE 100 ends flat; miners, luxury stocks lead declines

UPDATE 1-FTSE 100 ends flat; miners, luxury stocks lead declines For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 flat, FTSE 250 down 0.5% Sterling dips from 2-yr highs against dollar Delaware top court to hear GSK' appeal to end Zantac lawsuits Biggest drop in precious metal miners in 3 weeks Updated at 1540 GMT By Khushi Singh and Ankika Biswas Aug 28 (Reuters) - UK's main FTSE 100 stock index ended flat on Wednesday as a sharp
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Accelleron, BHP, Kingfisher

EUROPE RESEARCH ROUNDUP-Accelleron, BHP, Kingfisher Aug 28 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Accelleron, BHP and Kingfisher, on Wednesday. HIGHLIGHTS * Accelleron ACLN.S : Deutsche Bank raises target price to CHF 42 from CHF 34 * BHP Group BHPB.L : JP Morgan cuts target price to 2,580p from 2,650p * Kingfisher KGF.L : Citigroup cuts to neutral from buy * Vonovia SE VNAn.DE : Citigroup raises target price to EUR 52.80 f
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Insurer Ageas beats H1 estimates, launches buyback lifting shares

UPDATE 2-Insurer Ageas beats H1 estimates, launches buyback lifting shares Updates with share move, adds detail throughout By Dagmarah Mackos and Mathias de Rozario Aug 28 (Reuters) - Insurer Ageas AGES.BR on Wednesday beat expectations for half-year net operating profit, after higher inflows into Asia and a recovery in Europe boosted its non-life and life products, and it launched a buyback programme, which lifted shares.
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Belgian insurer Ageas H1 beats estimates with strong life and non-life performance

Belgian insurer Ageas H1 beats estimates with strong life and non-life performance Aug 28 (Reuters) - Belgium-based insurer Ageas AGES.BR on Wednesday beat expectations for its half-year net operating result, citing good performance in both life and non-life businesses. The group's net operating result for the first six months of the year stood at 613 million euros ($683 million), ahead of expectations of 575 million euros cited in an analyst consensus compiled by the company.
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FTSE 100 gains as Powell signals rate cuts

UPDATE 1-FTSE 100 gains as Powell signals rate cuts 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 0.5%, FTSE 250 adds 0.4% Fed's Powell says 'time has come' to cut rates Direct Line flags change to solvency capital ratio, shares fall UK consumer confidence matches almost 3-year high in Aug Updated at 1540 GMT By Khushi Singh and Purvi Agarwal Aug 23 (Reuters) - The UK's benchmark FTSE 100 edged higher on Friday as markets g
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UK's Direct Line falls on solvency capital ratio miscalculation

BUZZ-UK's Direct Line falls on solvency capital ratio miscalculation ** Shares of Direct Line Insurance Group DLGD.L down 1.3% ** Co flags miscalculation in its audited solvency II own funds for 2023, resuting in a change in FY solvency capital ratio ** Solvency capital ratio at 2023-end now stands at 188% vs 198% previously reported ** Co says mis
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UK Stocks-Factors to watch on Aug. 23

UPDATE 1-UK Stocks-Factors to watch on Aug. 23 Adds new items Aug 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.5%. * OFGEM: British energy regulator Ofgem raised its price cap on household energy bills by 10% from Oct. 1 to an annual level of 1,717 pounds ($2,250.64), a jump blamed on severe weather events and conflicts such as the war in Ukraine.
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