In the know: RSA; SIG; Sports Direct International; Nighthawk Energy

July 16, 2009 at 5:43 pm · Filed under marketsnewss.wordpress.com ·Tagged , , , , ,

div#related-article-links p a, div#related-article-links p a:visited {color:#06c;}

Gilts

Gilts fell as investors switched into riskier equities, helped by reassuring results from Intel and Goldman Sachs. The September gilt future fell 54p to £117.25, its lowest close this month. Ten-year gilt yields rose by six basis points to 3.80 per cent. The Bank of England’s regular gilt-buying auction was covered 3.27 times.

Rumour of the day

RSA Insurance rose as much as 5.8p to 123½p in early trading after revived talk of a bid from Generali, of Italy. However, after Generali said that it had no interest in buying RSA and had made no offer, the shares closed up only 2.2p at 119.8p. Talk of a bid by Generali or Allianz was last aired in September. Most analysts say neither has the appetite for such a move.

Heritage Oil up on talk of Shell making bid

1 Comment

  1. Sector Snap: Goldman cautious on pay TV services (AP) « Market News said

    September 9, 2009 @ 7:14 pm

    [...] In the know: RSA; SIG; Sports Direct International; Nighthawk EnergyWarner Music Group Corp. expands Nashville operations Possibly related posts: (automatically generated)BROADCAST/CABLEcable company chokes bandwidth, sky rail, head injuries and insightsViacom, Time Warner Cable Battle Over FeesTime Warner’s TV Everywhere trials to start… sometime [...]

RSS feed for comments on this post · TrackBack URI

Comments are closed.