Financial Stocks: Financials show broad-based Friday strength
Gains in a handful of the financial components of the S&P 500 outpace the Friday rally in the equities index itself. feeds.marketwatch.com |
FTSE 100 heads towards 5600 mark
Bid rumours helped the blue-chip index close just shy of the 5600 mark on Friday. telegraph.co.uk |
AIA’s IPO pricing boosts AIG turnaround plan
Asian life-insurance unit set to start trading in Hong Kong Oct. 29. Offering prices at the top of the estimated range, generating proceeds of $17.8 billion for AIG and U.S. government. feeds.marketwatch.com |
North Sea cavern could double UK gas stockpiles
A giant depleted gas field in the North Sea has the potential to double the UK's gas stockpiles, after Eni was given permission to use it as a storage facility. telegraph.co.uk |
Civil servants' 'Fred Goodwin' pension terms
Is Sir Fred Goodwin advising Whitehall? It's the only conclusion to draw when public sector workers are offered a similar voluntary redundancy plan. telegraph.co.uk |