Aegon NV (AEG) Financial News - Europe Markets: Europe stocks higher as UBS, Parmalat gain

Aegon NV (AEG)

Europe Markets: Europe stocks higher as UBS, Parmalat gain

2011-04-26 07:11:11
Keywords: Markets|Europe & Middle East, Stoxx600, STOXX Europe 600 Index, UBS, UBS AG, UBSN, UBS AG, PLT, Parmalat SpA, AEG, AEGON NV, AGN, Aegon NV, SCR, Scor SE, SCR, Scor SE, ANTO, Antofagasta Plc, AAL, Anglo American PLC, UKX, FTSE 100 Index, AU, Autonomy C
Quote: Parmalat/quotes/comstock/23g!pltIT:PLT+11.59% was the top gainer for the Stoxx 600, soaring 12% after unlisted French-based Groupe Lactalis launched an offer worth €3.375 billion ($4.93 billion) in cash for the 71% stake in the Italian dairy group that it doesn’t already own.Lactalis said the €2.60 per share offers a 21% premium over the average share price of Parmalat over the past 12 months.Also moving higher, shares of Aegon/quotes/comstock/13*!aeg/quotes/nls/aegAEG+1.06%/quotes/comstock/24s!e:agnNL:AGN+3.45%  rose 3.6% after the financial-services group said it will sell its Transamerica Reinsurance unit to French insurer Scor SE/quotes/comstock/24s!e:scrFR:SCR+0.98%/quotes/comstock/24s!e:scrFR:SCR+0.98%.Aegon said it will receive $900 million cash in the deal, which will also free up $500 million of capital. Aegon said it will use $1.1 billion of those proceeds to help repurchase capital securities it issued to the Dutch state.Shares of Scor rose 0.6%Miners were also in focus after precious-metals prices pulled back from recent highs. Shares of Antofagasta PLC/quotes/comstock/23s!a:antoUK:ANTO-1.29% slipped 1.4%, while Anglo American PLC/quotes/comstock/23s!e:aalUK:AAL-1.01% fell 1.1%.But technology stocks were in the black, helping support the FTSE 100 index/quotes/comstock/23i!i:ukxUK:UKX+0.37% up 0.4% to 6,040.26. Shares of Autonomy Corp...
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Other Financial and Stock Market News concerning Aegon NV

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Aegon sells Guardian Life to Cinven (2011-08-17 16:10:52)
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AEGON Announces Q2 2011 Net Income of EUR 404 Million (2011-08-12 08:10:12)
Aegon Q2 profit down 2.1 percent (2011-08-12 08:10:09)
AEGON Completes Divestment of Transamerica Reinsurance (2011-08-10 02:52:58)
Arthur Docters van Leeuwen Steps Down From AEGON N.V. Supervisory Board (2011-08-08 07:35:23)
Fit Nadal Raring to Go (2011-06-30 10:40:43)
AEGON Details Strategy to Deliver Sustainable Earnings Growth (2011-06-21 04:10:13)
AEGON Completes Repayment to Dutch State (2011-06-15 07:40:40)
[$$] Aegon Fully Repays State Aid (2011-06-15 07:40:39)
UPDATE 1-Aegon completes repayment of Dutch state aid (2011-06-15 07:40:39)
Aegon completes payments for Dutch government aid (2011-06-15 07:40:39)
Aegon repays Netherlands state aid in full, WSJ reports (2011-06-15 07:40:38)
Press Statement AEGON Regarding Harbor Workers (2011-06-03 05:38:08)
AEGON Announces Q1 2011 net Income of EUR 327 Million (2011-05-13 09:08:58)
Aegon profit up on fewer charges, business weakens (2011-05-13 09:08:56)
UPDATE 1-Aegon misses forecasts, takes UK, Dutch charges (2011-05-13 09:08:56)
Miners Drag Down European Stocks (2011-05-13 09:08:54)
AEGON - Summary of Annual General Meeting of Shareholders (2011-05-13 09:08:53)
Scor to buy Transamerica Re from Aegon (2011-04-27 11:18:48)
A.M. Best Affirms Ratings of AEGON N.V.’s U.S. Operations (2011-04-27 11:18:47)
AEGON to Divest Transamerica Reinsurance to SCOR (2011-04-26 07:11:15)
Europe Markets: Europe stocks lean lower; UBS rallies on results (2011-04-26 07:11:14)
Aegon sells reinsurance business to Scor (2011-04-26 07:11:14)
Europe Markets: Europe stocks shift higher, UBS, Aegon lead (2011-04-26 07:11:13)
Futures Rise Ahead of Fed Meeting (2011-04-26 07:11:12)
[$$] Aegon Sells Transamerica Re (2011-04-26 07:11:12)
Aegon to Sell Transamerica Reinsurance (2011-04-26 07:11:12)
Europe Markets: Europe stocks higher as UBS, Parmalat gain (2011-04-26 07:11:11)
Aegon sells Transamerica reinsurance for $1.4B (2011-04-26 07:11:11)
Commerzbank to repay over $20 bln of state aid (2011-04-07 01:25:07)
Nominations Executive Board and Supervisory Board AEGON N.V. (2011-04-01 06:57:31)
9 High-Yield Preferred Stocks to Consider Today (2011-03-30 06:25:06)
AEGON Repurchased EUR 750 Million of Core Capital Securities (2011-03-16 08:28:16)
AEGON Appoints Adrian Grace CEO AEGON UK (2011-03-08 04:05:29)
7 High-Yield Preferred Stocks to Consider (2011-03-02 07:22:36)
AEGON Completes 10% Equity Issue (2011-02-25 10:33:18)
Aegon takes step closer to repaying $3.1 bln aid (2011-02-25 10:33:18)
[$$] Aegon Not Out of the Woods Yet (2011-02-25 10:33:17)
Aegon net income falls 19 percent in Q4 (2011-02-25 10:33:17)
AEGON Announces Strong Q4 2010 Results (2011-02-24 08:18:50)
AEGON to Launch Equity Issue of 10% (2011-02-24 08:18:49)
Aegon net income falls 52 percent in Q4 (2011-02-24 08:18:48)
UPDATE 1-Aegon plans 1 bln euro share issue to repay state debt (2011-02-24 08:18:48)
[$$] Aegon to Issue New Shares to Repay Aid (2011-02-24 08:18:47)
AEGON Supervisory Board Member Cecelia Kempler to Resign (2011-02-16 09:14:29)
Dutch Treats: 5 Dutch Large Caps and One Mid Cap Worth Having (2011-02-11 09:36:57)
5 Foreign ADRs Trading Under $10 (2011-01-06 06:50:00)
UPDATE 1-UK watchdog fines Aegon for poor procedures (2010-12-17 08:56:14)

Aegon NV Stock Summary

AEGON N.V., through its subsidiaries, provides life insurance, pensions, savings, and investment products in the Americas, Europe, and Asia. It offers general account life insurance products, including permanent life, universal life, and term life insurance; traditional life products, which include life insurance sold as part of defined benefit pension plans, endowment policies, post-retirement annuity products, and group risk products; endowment insurance; pension and annuity insurance; immediate annuity, individual protection, and group protection; and life for account of policyholder products. The company also provides fixed and variable annuities to individuals and pension funds; institu...