Old Mutual
Company
Water companies relieved over Ofwat's pricing decision...& General the leading sector casualty, 6¼p poorer at 78½p, as broker Citigroup told clients to sell. Aviva lost 23½p to 371½p, while Old Mutual and Resolution retreated 6¾p to 114½p and 4¼p to 82¼p. Fund managers were also nursing big... In this article: Severn Trent, Vedanta Resources, Legal & General, FTSE 250, United Utilities, Pennon Group, Northumbrian Water Group, Xstrata, Old Mutual, and Admiral Group |
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FT.com - Financial Markets News | 3 days ago
Rentokil climbs on bid talk
Compass ended the day as the Footsie's top performer, rising 6.1 per cent to 428½p, after its annual profits beat expectations. Old Mutual rose 1.8 per cent to 121¼p after Goldman Sachs started coverage with a "buy" rating based on...
In this article: Rentokil Initial, Citigroup, Wellstream, Imperial Energy, Novera, Reckitt Benckiser, International Power, SSL International, Anglo American, and Merrill Lynch
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Seeking Alpha | 4 days ago
Global Market Wrap: European Markets Close Higher
The European insurance sector added 1% in Wednesday trade, after a number of positive news reports hit the newswires. The insurer Old Mutual gained 2%, after being upgraded by Goldman Sachs to "buy". A different report showed that the giant...
In this article: S&P, Compass, U.S., Dow, Nasdaq, and Goldman Sachs
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Telegraph.co.uk - Business | 4 days ago
Analysts call for clarity on insurance over fears of 'under-valuation'
...during stable market conditions. A two-year deferment was backed by Legal & General, Prudential and Standard Life but not Aviva and Old Mutual, who have embraced the measure MCEV requires insurers across Europe to use a standardised...
In this article: Financial Accounting Standards Board, Respondent, Balance sheet, Legal & General, Standard Life, PricewaterhouseCoopers, and Aviva
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Independent.ie | November 20, 2009
Travel firms lead FTSE 100 lower
...with another 500,000 shares. The biggest Footsie risers were Cable & Wireless up 2.5p at 138.1p, Johnson Matthey ahead 27p at 1576p, Old Mutual up 1.7p at 118p and Shire up 16p at 1135p. The biggest Footsie fallers were Thomas Cook Group...
In this article: TUI Travel, Thomas Cook Group, Morgan Stanley, National Express, FTSE 250, Barclays, Cable & Wireless, and Royal Bank of Scotland
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Independent.co.uk - Business | November 11, 2009
Market Report: Recovery hopes drive DSG to fresh high
...solvency rules for annuity providers that in their current form might necessitate capital raisings at UK insurers. In the wider sector, Old Mutual was 3.2p stronger at 112.2p, while Standard Life, which was upgraded to "equal weight" from...
In this article: DSG International, Citigroup, Bovis Homes, Unemployment, UK, Balance sheet, and Randgold Resources
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Reuters | November 09, 2009
FTSE gains 1.4 percent by midday; miners rally
...own Asian businesses. Aviva <AV.L>, which ING rates as "buy", added 3.1 percent, while Legal and General <LGEN.L>, Standard Life <SL.L> and Old Mutual <OML.L> rose 2.2 to 4.1 percent. Among individual stocks, Cadbury <CBRY.L> was up 1.2...
In this article: FTSE, Tobacco, British American Tobacco, Imperial Tobacco, Legal and General, AMP Ltd., and BG Group
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Reuters | November 09, 2009
Commodities, banks lift FTSE; up for 4th session
...price to 523 pence from 434 pence, topped the gainers up 4.7 percent. Legal and General <LGEN.L>, Standard Life <SL.L>, Aviva <AV.L> and Old Mutual <OML.L> rose 1.7 to 2.2 percent. Prudential <PRU.L> was the strongest insurer, up 4.4...
In this article: Barclays, HSBC, Aviva, Britain, FTSE, Standard Chartered, and Legal and General
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PR Newswire: Financial | November 05, 2009
Old Mutual Asset Management (US) Reports Increase in Affiliates' Assets Under Management for Q3 2009
...Assets Under Management for Q3 2009 BOSTON, Nov. 5 /PRNewswire/ -- Old Mutual Asset Management, the U.S. asset management group of Old Mutual plc (LSE: OML), announced assets under management (AUM) by the group's investment affiliates...
In this article: Asset, Asset Management, US, London, and Boston
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Reuters | November 05, 2009
FTSE lower ahead of BoE; banks, miners weak
...earnings a touch below expectations, and as investors digested trading updates from RSA Insurance <RSA.L> and Old Mutual <OML.L>. Old Mutual fell 2.3 percent. The Anglo-South African insurer reported a 4 percent dip in its third-quarter...
In this article: Bank of England, Royal Bank of Scotland, UK, RSA Insurance, UBS, Marks & Spencer, Standard Chartered, and Nomura
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MarketWatch.com - MarketPulse | November 04, 2009
Old Mutual life sales drop 4%
LONDON (MarketWatch) -- U.K. insurer Old Mutual /quotes/comstock/23s!a:oml (UK:OML 111.00, 0.00, 0.00%) said Thursday that its life assurance sales in the third quarter dropped 4% to 326 million pounds ($540 million), while unit trust and...
In this article: Pro forma, Toyota, MarketWatch, London, U.K., and U.S.
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Description from Wikipedia:
Old Mutual plc (LSE: OML, ) is an international insurance company and investment management company. Originally based in South Africa and focused on the South African market, it is now London based. Old Mutual is the largest financial company listed on the JSE Securities Exchange by market capitalisation. It is a constituent of the FTSE 100 Index.
- Name:
- Old Mutual plc
- Type:
- Public (LSE: OML, )
- Location:
- London, England, UK
- Founded:
- 1845
- Industry:
- Insurance, banking and asset management
- Key People:
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- Julian Roberts CEO (previous CEO: Jim Sutcliffe, resigned September 2008)
- Christopher Collins, Chairman
- Revenue:
- £5,156 million (2008)
- Operating Income:
- £999 million (2008)
- Net Income:
- £683 million (2008)
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