STOCKS NEWS EUROPE-Swiss Life up 5 pct on positive Q3

Wed Nov 11, 2009 9:57am GMT
 
Email | Print | | Single Page
[-] Text [+]

Shares in Swiss Life (SLHN.VX) jump 5.4 percent, outstripping a 2.2 percent rise in DJ Stoxx European insurance index .SXIP, after the company's third-quarter sales beat forecasts and it says problem subsidiary AWD returns to operating profit.

"The business update confirms our positive view of Swiss Life showing improving trends," says Vontobel analyst Stefan Schuermann.

"We believe Swiss Life to offer further upside." For more double click on [ID:nLA442442]

Reuters Messaging rm://jason.rhodes.reuters.com@reuters.net

 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos