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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 6

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 Bloomer14:02, 7 December 2017
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 Bloomer13:47, 7 December 2017
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 Bloomer13:30, 7 December 2017
Private sector jobs
US private sector employment jumps by 190,000 jobs

Private sector employment increased by 190,000 jobs from October to November according to the November ADP National Employment Report.

Alison Bloomer13:28, 6 December 2017
Oil prices
Oil analysts grow more bullish after OPEC extends output deal

Oil analysts have raised their forecasts for the crude price next year after major producers agreed to extend output cuts, a Reuters poll showed on Wednesday.

Alison Bloomer12:50, 6 December 2017
Pret a Manger shop
Bridgepoint exceeds target by raising £4.9bn for Europe fund

British private equity firm Bridgepoint, owner of Pret a Manger, has raised €5.5bn euros (£4.9bn) for European investment, exceeding its €5bn target, a source familiar with the matter said.

Alison Bloomer10:41, 6 December 2017
Financial conduct
FCA fines Bluefin £4m for misleading customers

The Financial Conduct Authority (FCA) has today fined Bluefin Insurance Services Limited £4m for having inadequate systems and controls and failing to provide information to its customers about Bluefin’s independence in a way that was clear, fair and not misleading.

Alison Bloomer10:23, 6 December 2017
Consumer spending
US third-quarter economic growth raised to 3.3%

The US economy grew faster than initially thought in the third quarter, notching its quickest pace in three years, as increases in business investment in inventories and equipment offset a moderation in consumer spending.

Alison Bloomer13:49, 29 November 2017
European Union Flag
FCA chief calls for legally binding Brexit transition

The boss of Britain’s financial watchdog has called for a legally-binding transition agreement on Brexit to ensure the UK’s powerhouse financial sector can cope with any sudden loss of passporting rights.

Alison Bloomer13:12, 29 November 2017
Man holding pound sign
Foreign ownership of UK shares reaches record high

The proportion of UK company shares owned by foreign investors has reached another record high. Foreign-owned shares accounted for over half of the total value of UK shares in December 2016.

Alison Bloomer11:55, 29 November 2017
FCA in letters
FCA uses competition enforcement powers for the first time against four top firms

The Financial Conduct Authority (FCA) is using its competition enforcement powers for the first time as it accuses four asset management firms of breaking the competition law.

Alison Bloomer10:12, 29 November 2017
Amazon sign
US update: Boost to major retailers in Black Friday half-day trading

Technology stocks led in Friday’s half day trading that saw US stock close higher with the S&P 500 and Nasdaq Composite ending at all-time highs

Alison Bloomer19:24, 24 November 2017
Generic drugs
Generic drugs: magic cure or sick man of stock markets?

Generic drug manufacturers are a painful thorn in big pharma’s side. Once a top-selling drug loses its exclusive patent, the launch of rival versions can lead to severe losses in sales and profit for the innovator company. But generic drugs makers could be just what the doctor ordered for investors.

Alison Bloomer20:41, 21 November 2017
Rolls Royce car
Rolls Royce warns Brexit will cause supply chain kinks

Rolls-Royce Holdings worries border checks after Britain leaves the European Union will disrupt its global supply chain and is looking at measures to offset the rise in national protectionism that it represents, a member of its executive leadership said on Wednesday.

Alison Bloomer15:16, 15 November 2017
European Union Flag
JPMorgan says Britain will lose tax revenue if EU trades cannot be booked in London

Financial markets face Brexit day upheaval if clearing houses in Britain are abruptly cut off from continental customers, a senior JPMorgan bank official said on Wednesday.

Alison Bloomer14:38, 15 November 2017

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