London Markets: Aggreko leads U.S. stocks higher; Aviva sinks
Aggreko PLC led the London benchmark higher on Thursday after a well-received earnings report, while investors also awaited the latest policy decision from the Bank of England.
UK insurer Aviva sells US unit to Athene Holding
LONDON -- British insurer Aviva PLC is selling its U.S. unit to Bermuda-based Athene Holding Ltd. for $1.8 billion....
Aviva Names New CEO
U.K. insurer Aviva PLC appointed former AIA Chief Executive Mark Wilson as its next CEO, replacing Andrew Moss, who left in May amid complaints against Aviva's sagging share price and a perceived excess in executive pay.
London Markets: U.K. stocks rise ahead of BOE decision
U.K. stocks nudge higher on Thursday, with shares of Aviva PLC and Schroders PLC posting some of the biggest gains, while investors look to the Bank of England for its latest monetarypolicy decision later in the day.
Storm Will Keep Financial Markets Closed Tuesday
(NEW YORK) — Stock trading will be closed in the U.S. for a second day Tuesday as Hurricane Sandy bears down on the East Coast. Bond trading will also be closed. The last time the New York Stock Exchange was closed for weather was in 1985 because of Hurricane Gloria, and it will be the first time since 1888 that the exchange will have been closed for two consecutive days because of weather. The cause then was a blizzard that left drifts as high as 40 feet in the streets of New York City. The New York Stock Exchange and Nasdaq said they intend to reopen on Wednesday and would keep investors updated. Much of the East Coast was at a standstill Monday as the storm approached. Mass transit and schools were closed across the region ahead of the storm hitting land, which was expected to happen later Monday. (PHOTOS: ‘Epic’ Hurricane Slams U.S. East Coast) Areas around New York’s Financial District were part of a mandatory evacuation zone. The storm surge is already pushing water over seawalls ...