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12 Feb UPDATE 2-FTSE 100 ends winning streak as pound rises, virus fears persist

Posted at 17:15h in News by KMFSLLP 0 Comments

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* Exporters hurt by a stronger pound (Adds news items, analyst comments, closing prices)

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12 Feb Former UK finance minister Javid says he could not accept Johnson’s demands

Posted at 17:14h in News by KMFSLLP 0 Comments

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Former British finance minister Sajid Javid said on Thursday he had resigned because no self-respecting minister would accept Prime Minister Boris Johnson's demands to fire his political advisers.

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12 Feb UPDATE 2-Banco do Brasil to raise ‘billions of reais’ with asset management sale -CEO

Posted at 17:08h in News by KMFSLLP 0 Comments

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Banco do Brasil SA's chief executive, who has pushed unsuccessfully to privatize the entire bank, said on Thursday that the lender will likely raise "billions of reais" from the sale of a controlling stake in its asset management unit.

12 Feb Activists in dinghy urge Credit Suisse off climate “collision course”

Posted at 16:24h in News by KMFSLLP 0 Comments

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Climate activists clad in Titanic-era costumes gathered in a rubber dinghy outside Credit Suisse's headquarters on Thursday, to urge incoming chief executive Thomas Gottstein to steer the bank off a climate "collision course".

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12 Feb Killing of top Iranian commander will lead to the liberation of Jerusalem -Guards spokesman

Posted at 16:24h in News by KMFSLLP 0 Comments

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The killing of top Iranian commander Qassem Soleimani will lead to the liberation of Jerusalem, the spokesman for the elite Revolutionary Guards said on Thursday, according to the Tasnim news agency.

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12 Feb UPDATE 2-AIG profit beats on stronger underwriting in general insurance unit

Posted at 16:23h in News by KMFSLLP 0 Comments

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Insurer American International Group Inc on Thursday reported a quarterly profit that beat estimates, as the company booked underwriting income in its general insurance business.

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12 Feb UPDATE 2-T. Rowe Price to place a bigger bet on stocks in retirement funds

Posted at 16:20h in News by KMFSLLP 0 Comments

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T. Rowe Price Group Inc said on Thursday it would ratchet up the risk in its target-date retirement portfolios, boosting stock allocations to as much as 98% for younger investors.

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12 Feb UPDATE 2-Instructure rejects increased takeover bid from Thoma Bravo

Posted at 16:17h in News by KMFSLLP 0 Comments

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Instructure Inc's plan to sell itself to Thoma Bravo hit a snag on Thursday when the U.S. educational software company said it had rejected a higher offer from the private equity firm and postponed the vote for shareholders.

12 Feb UPDATE 3-Tesla seeks to tap into stock surge with $2 bln share sale

Posted at 16:14h in News by KMFSLLP 0 Comments

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Tesla Inc on Thursday announced plans to raise $2 billion in a stock offering, tapping into an astronomical jump in its share price over the past few months and reversing the electric-car maker's often-stated policy of avoiding sales of new stock.

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12 Feb Coronavirus not spreading “dramatically” outside China except on cruise ship -WHO

Posted at 16:10h in News by KMFSLLP 0 Comments

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Cases of coronavirus infections are not rising dramatically outside China apart from on a cruise liner now quarantined off a Japanese port, the World Health Organization's emergency measures director said on Thursday.

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News

12 Feb UPDATE 2-FTSE 100 ends winning streak as pound rises, virus fears persist

12 Feb Former UK finance minister Javid says he could not accept Johnson’s demands

12 Feb UPDATE 2-Banco do Brasil to raise ‘billions of reais’ with asset management sale -CEO

12 Feb Activists in dinghy urge Credit Suisse off climate “collision course”

12 Feb Killing of top Iranian commander will lead to the liberation of Jerusalem -Guards spokesman

12 Feb UPDATE 2-AIG profit beats on stronger underwriting in general insurance unit

12 Feb UPDATE 2-T. Rowe Price to place a bigger bet on stocks in retirement funds

12 Feb UPDATE 2-Instructure rejects increased takeover bid from Thoma Bravo

12 Feb UPDATE 3-Tesla seeks to tap into stock surge with $2 bln share sale

12 Feb Coronavirus not spreading “dramatically” outside China except on cruise ship -WHO

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