Breaking pre-market news on Thursday,
- Barclays sees Q1 pretax profit at £1.3bn; £2.3bn writedowns – statement.
- Lloyds banking group sees high corporate impairments in 2009; lower margins; ongoing discussions with HM Treasury – statement.
- KKR to buy AB-Inbev’s Oriental Brewery for $1.8bn; deal will pay down debt – statement.
- Old Mutual sees FGD surplus fall to £0.9bn; net client outdlows of £2.9bn – statement.
- RSA sees net written premiums increase 8%; surplus at 2.4x – statement.
- Rathbone sees aum down 5.6% – statement.
- Corporate: Beazley, Bovis, Diageo, GKN, Mondi, Peter Hambro, Randgold, Rexam, ROK, Spirent Communications, Unilever, Vedanta.
