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News

24 Oct UPDATE 3-Barclays cautions on profit targets despite Q3 trading boost

Posted at 07:46h in News by KMFSLLP 0 Comments

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* Shares rise 2.8% to highest since November 2018 (Adds share price reaction, CEO and analyst comment)

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24 Oct European shares fall on AB InBev, Brexit woes; Kering shines

Posted at 07:32h in News by KMFSLLP 0 Comments

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European shares edged lower on Friday, as Brexit woes and Anheuser-Busch InBev's forecast of moderate annual profit growth offset strong sales from luxury goods makers.

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24 Oct UPDATE 2-SoftwareONE makes successful Swiss debut in grim IPO season

Posted at 07:24h in News by KMFSLLP 0 Comments

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* Bright spot amid dismal European IPO season (Adds shares, detail on IPOs in Europe)

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24 Oct ESR Cayman increases size of Hong Kong IPO to $1.6 bln – sources

Posted at 07:23h in News by KMFSLLP 0 Comments

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Property investor ESR Cayman is increasing the size of its Hong Kong IPO to $1.6 billion by selling more shares, and potential investors have been told the float will be priced at the mid point of an indicated range, two sources said.

24 Oct China stocks climb on hopes of scrapping tariffs

Posted at 07:20h in News by KMFSLLP 0 Comments

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* China to ask U.S. to remove tariffs in Friday talks-sources

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24 Oct UPDATE 1-Hastings warns on loss ratio as claims cost continues to bite

Posted at 07:07h in News by KMFSLLP 0 Comments

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Hastings Group said on Friday the insurer's annual loss ratio may move above its target range if the cost of claims continue to increase in a highly competitive UK motor insurance sector, that is also facing a regulatory clampdown on prices.

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24 Oct French insurer AXA to sell its Belgian bank for $689 mln

Posted at 07:04h in News by KMFSLLP 0 Comments

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French insurer AXA will sell its Belgian banking business - AXA Belgium - to cooperative bank Crelan for 620 million euros ($688.51 million), the company said on Friday.

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24 Oct UPDATE 8-California wine country fire began near damaged PG&E tower, 2,000 flee

Posted at 06:43h in News by KMFSLLP 0 Comments

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A wind-driven wildfire that forced some 2,000 people to flee homes in Northern California's wine country on Thursday erupted near the base of a damaged high-voltage transmission tower owned by Pacific Gas and Electric Co, utility and fire officials said.

24 Oct Healthcare stocks drive Australian market higher; NZ down

Posted at 06:32h in News by KMFSLLP 0 Comments

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* Cleanaway Waste Management drops 13%, worst performer on ASX (Updates to close, adds comment)

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24 Oct Hastings reports 2% rise in nine-month written premiums

Posted at 06:25h in News by KMFSLLP 0 Comments

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Insurer Hastings Group Holdings Plc on Friday reported a 2% rise in gross written premiums for the first nine months of 2019, as it signed more policies.

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News

24 Oct UPDATE 3-Barclays cautions on profit targets despite Q3 trading boost

24 Oct European shares fall on AB InBev, Brexit woes; Kering shines

24 Oct UPDATE 2-SoftwareONE makes successful Swiss debut in grim IPO season

24 Oct ESR Cayman increases size of Hong Kong IPO to $1.6 bln – sources

24 Oct China stocks climb on hopes of scrapping tariffs

24 Oct UPDATE 1-Hastings warns on loss ratio as claims cost continues to bite

24 Oct French insurer AXA to sell its Belgian bank for $689 mln

24 Oct UPDATE 8-California wine country fire began near damaged PG&E tower, 2,000 flee

24 Oct Healthcare stocks drive Australian market higher; NZ down

24 Oct Hastings reports 2% rise in nine-month written premiums

KM Financial Solutions LLP

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