Tower Limited (NZSE:TWR) is not seeking sale of remaining life assets. Tower said that it has ended talks with a number of interested parties and has decided not to sell Tower Life. David Hancock, Chief Executive Officer of Tower said, Tower believes there are a number of opportunities to continue to improve the business performance of the retained life business, and for a release of capital over time. Tower shares went up by 0.6% at $1.76 on January 3, 2014.
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|
5-day change | 1st Jan Change | ||
0.95 NZD | +0.53% |
|
+4.40% | +55.74% |
02/07 | New Zealand's Reserve Bank to Stress Test General Insurers | MT |
25/06 | New Zealand Shares Rise as Domestic Employment Cools; SkyCity to Sell 10% Stake in European Gaming Platform | MT |
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EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+55.74% | 219M | |
+74.75% | 77.83B | |
+15.99% | 52.15B | |
+15.91% | 50.56B | |
+21.95% | 45.05B | |
+102.25% | 38.18B | |
+31.78% | 36.6B | |
+17.46% | 31.2B | |
+29.61% | 25.82B | |
-0.58% | 21.62B |
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