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Alison Bloomer

Alison Bloomer has written on finance, insurance and pensions for various trade publications and was former Managing Editor of Insurance Times. She was launch editor of the Top 50 UK Insurers and Brokers reports produced in association with S&P Global Data Market Intelligence.

Articles by Alison Bloomer Page 1

Ibex 35

SP35: Everything you need to know about leading indices

The Ibex 35 is the domestic and international benchmark for the Spanish stock market and measures the share prices of the country’s 35 largest companies by market capitalisation.

Alison Bloomer

EU to apply Basel rules taking into account Europe's 'specificities'

The European Commission said new global banking rules agreed on Thursday will be applied in the European Union taking into account “specificities” of the bloc’s banking sector and making full use of the agreed phase-in period until the end of 2026.

Alison Bloomer
Barclays bank

Barclays loses top spot in European government bond syndications

British bank Barclays has slid down the rankings in arranging European government bond sales as new regulations and Brexit uncertainty cause upheaval in the sector.

Alison Bloomer
Depression drugs

Sage shares surge as depression drug succeeds in mid-stage trial

Drug developer Sage Therapeutics Inc’s shares soared as much as 85% to a record high on Thursday after its experimental drug to reduce the symptoms of depression succeeded in a mid-stage trial.

Alison Bloomer

Shares slide for Lending Club as it posts disappointing outlook

Shares in Lending Club dropped by more than 21% after the company announced it expected revenues next year of between $680m-$705m, shy of analyst estimates of between $715.4m and $719m.

Alison Bloomer
Oil rigs

Oil bounces back from losses prompted by US fuel stocks

Oil edged higher on Thursday, regaining ground from sharp losses the previous day brought on by an unexpectedly large rise in U.S. stocks of refined fuels.

Alison Bloomer
Sears shop

Sears investor urges company to explore going private

A Sears Holdings Corp investor on Thursday asked the struggling retailer to consider options including going private and investigate what it called an “unusually high volume” of short-selling in the company’s shares.

Alison Bloomer
London Stock Exchange

Glass Lewis recommends LSE shareholders oppose TCI motion to oust chairman

Shareholder advisory firm Glass Lewis has recommended LSE shareholders vote against a resolution by activist hedge fund TCI calling for the immediate removal of chairman Donald Brydon, it said on Thursday.

Alison Bloomer
Bit coin currency

Bitcoin breaks through $15,000 mark

Bitcoin’s relentless rise continued on Thursday, shooting past the $15,000 mark and adding to fears of a dangerous market bubble.

Alison Bloomer
Lululemon Athletica

Lululemon Athletica shares rise 9% after a higher-than-expected profit

Lululemon Athletica shares were up 9.1% in Thursday premarket trading after the athletic company reported a higher-than-expected profit for the third quarter ended October 29, 2017.

Alison Bloomer
People waiting for interview

US jobless claims decline for third straight week

The number of Americans filing for unemployment benefits unexpectedly fell last week, suggesting a rapid tightening of the labour market.

Alison Bloomer
Stryker logo

Stryker announces merger agreement to acquire Entellus

Entellus Medical announced on Thursday a definitive merger agreement by which Stryker Corporation will acquire Entellus in an all cash transaction for $24.00 per share, or an equity value of approximately $662m.

Alison Bloomer
Lloyds branch

Lloyds sells London headquarters to Chinese firm in lease-back deal

Lloyds Banking Group said it has sold its London headquarters to a Chinese property investment company for an undisclosed price.

Alison Bloomer
Labour costs

US third-quarter unit labour costs revised sharply down

US unit labour costs were much weaker than initially thought, declining both in the second and third quarters of this year, suggesting that inflation could remain benign for a while.

Alison Bloomer
United Healthcare building

UnitedHealth to buy DaVita primary care unit for $4.9bn

US health insurer UnitedHealth Group on Wednesday announced a $4.9bn deal to buy a unit of DaVita Inc, looking to bolster its primary and urgent care services.

Alison Bloomer

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