Financial News

Greg Wright Deputy Business EditorTIME is catching up with the baby-boomers, which is why Aviva wants to make its mark on the US savings market.Yesterday Aviva, which owns Norwich Union, confirmed its interest in buying US life assurer AmerUs in a deal that would give it a much bigger presence in the US market.Aviva's pursuit of AmerUs, which is valued at around £1.25bn, comes four months after it ...

NEW YORK (Reuters) - Cingular Wireless, one of the largest U.S. mobile phone carriers, on Friday refuted claims in a lawsuit that it misled and overcharged some customers, and said it is considering coutersuing. The claims, made by the Foundation for Taxpayer and Consumer Rights and filed on behalf of seven plaintiffs, are "completely without merit," said Joaquin Carbonell, Cingular's  ...

By Clara Ferreira-Marques LONDON (Reuters) - Britain's biggest insurer, Aviva Plc, is in talks to buy U.S. life insurer AmerUs Group Co, valued at over 1.3 billion pounds, in a deal that would boost Aviva's undersized presence in the booming U.S. market. Aviva, whose bid for UK rival Prudential was rebuffed in March, has long said it wants to expand in the United States, the world's biggest long-term savings market. Des Moines, Iowa-based AmerUs, which focuses on indexed annuities, said on Fr ...

By Clara Ferreira-Marques LONDON (Reuters) - Britain's biggest insurer, Aviva Plc, is in talks to buy U.S. life insurer AmerUs Group Co, valued at about 1.3 billion pounds, in a deal that would boost Aviva's undersized presence in the booming U.S. market. Aviva, whose bid for UK rival Prudential was rebuffed in March, has long said it wants to expand in the United States, the world's biggest long-term savings market. Iowa-based AmerUs, focussed on indexed annuities, said on Friday there was n ...

By Ana Nicolaci da Costa LONDON (Reuters) - The FTSE 100 held steady on Friday, with investors bracing for the release of a key U.S. jobs report and as a strong mining sector offset losses by Aviva after it said it was in talks to buy AmerUs Group. The U.S. economy is expected to have created 185,000 new jobs in June compared to 75,000 the month before according to a Reuters poll and a strong number would increase market expectations for higher U.S. rates and hurt equities. By 11:25 a.m., the ...

There was speculation yesterday that preliminary merger discussions had taken place between First Choice and Kuoni – Europe's third and seventh biggest firms respectively.Swiss-based Kuoni, which employs 7,500 people worldwide and has extensive operations in the UK, is the market leader in holidays to Asian destinations; First Choice's brands include Unijet, Falcon and Sovereign.A merger would fi ...

This is Money7 July 2006 THE takeover battle between two of the world's biggest record labels intensified today amid reports that Warner Music is contemplating an improved £2.7bn bid for EMI. OTHER STORIES Top performing shares revealed EasyJet announces profit boost Market report: Friday 09.15 Homeowners cash in £12.5bn Oil giants in India gas hunt THE EDITOR'S PICKS ...

LONDON (Reuters) - Aviva, Britain's biggest insurer, is in talks to buy AmerUs Group, a U.S. life insurer valued at about $2.3 billion (1.2 billion pounds), in a deal that would boost its undersized presence in the booming U.S. market. "A transaction, if agreed, is expected to be funded from a combination of Aviva's internal resources, external debt and a market placing of Aviva shares," Aviva (A ...

Geoff Foster, Daily Mail7 July 2006 TURNOVER in AMEC trebled to 10.9m shares as buyers dug in amid talk of an imminent deal. OTHER STORIES Market report: Friday preview Top performing shares revealed Griffin looks solid despite volatile metal markets Here's your money (minus 14%) Proof of the pudding in the eating THE EDITOR'S PICKS CAMPAIGN: 'Avoid this rip-off' MONEY MAKER ...

LONDON (Reuters) - Aviva (AV.L: Quote, Profile, Research) said on Friday it was in talks to buy AmerUs Group (AMH.N: Quote, Profile, Research) , a U.S. rival valued at about $2.3 billion (1.3 billion pounds). "A transaction, if agreed, is expected to be funded from a combination of Aviva's internal resources, external debt and a market placing of Aviva shares," Aviva said in a statement. Aviva, Britain's biggest insurer, has long said it wants to expand in the United States. But it denied pre ...