European shares closed lower on Tuesday as investors weighed corporate releases, data from the euro zone and tensions in Ukraine and Iraq.» Read More
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As market participants anticipate possible stagnant growth in the coming quarters, investors might be more apt to get back to "old fashioned" investing with higher-yielding stocks.
UK insurer Prudential posted a 25 percent rise in 2007 profit on Thursday, broadly in line with forecasts, helped by growth in Asia and the absence of loss-making Internet bank Egg, sold to Citigroup in early 2007.
Britain's Prudential reported a 15 percent rise in nine-month insurance sales on Tuesday, at the high end of forecasts, as strong growth in Asia and the United States offset a shrinking business at home.