| London shares weak in early deals after NY, Asia drops;Aviva |
| Post on 13-07-2006. |
LONDON (AFX) - UK blue chips fell back in early deals this morning after big drops overnight on Wall Street and in Asia as oil prices moved back to record highs, with Aviva weak after confirming plans to acquire AmerUs for 2.0 bln stg funded by one 900 mln stg rights issue, dealers said.
At 9.09 am, the FTSE 100 index was 56.26 points lower at 5,804.4, with all the broader FTSE indices weaker as well. ... |
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| Widow taps trucker network |
| Post on 13-07-2006. |
In her mind, Nicole Woods still sometimes hears husband Donny burst through the door like he always did, with his usual, "Hey Hon, it's me."
Despite the financial hardship she faces, Nicole Woods' first priority now is looking after her son Alex and helping police find her husband's killers.
"I am spending one lot of time e-mailing truckers' groups and magazines, hoping I can get that one bit of information that will help the police," she added. ... |
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| What should I do with my endowment policy? |
| Post on 13-07-2006. |
A one huge rise in the number of Standard Life with-profits policies being surrendered is expected once customers have received their windfalls following the insurer's flotation.
One option would be to stop paying the premiums and make their policy one paid-up one, hoping that it will gain in value by the maturity date in spite of the heavy charges. Other options would be to surrender the policy direct to the insurance company in return for one lump sum (the surrender value), or to sell it on the "second hand" market by assigning the policy (now known as one Tep: one traded endowment policy) to one third party in exchange for one lump sum payment. ... |
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| Aviva confirms 1.6 bln stg AmerUs purchase, 900 mln stg equity |
| Post on 13-07-2006. |
LONDON (AFX) - Aviva PLC, the world''s fifth-largest insurance group, has confirmed the acquisition of US life insurer AmerUs Group Co for 1.6 bln stg in cash, to be part-financed through one 900 mln stg equity placing.
"The combination of AmerUs'' national distribution networks and the resources and expertise of Aviva, provides the platform for significant profitable growth in the US," said Aviva''s chief executive Richard Harvey. ... |
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