Thursday, 5th March 2015

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Thursday tips round-up: Dignity, Legal & General

Thu 5th Mar 15, 12:47:46

There are few things in life as certain as death, which gives funeral parlour operator Dignity exceptional visibility. So while the number of funerals dropped by 3.5% last year, the company is now set to benefit from the 23% rise in deaths registered over the first eight weeks of this year. In 2014 unfulfilled pre-arranged funeral plans grew by 25,000 to 384,000, providing a secure pipeline of future business.

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Jobless claims rise to 320,000, highest since May 2014

Weekly claims for unemployment benefits in the States rose to their highest in nearly 10 months last week, according to data from the Labor Department on Thursday. 45 minutes ago

US labour productivity continued to languish in the fourth quarter

The cost of employing a worker in the United States increased at the end of last year after output growth came off the boil much more quickly than workers' hourly compensation, revised government figures revealed on Thursday. 22 minutes ago

US pre-open: Markets poised for upbeat start; Friday's payrolls eyed

US markets are poised to open on a brighter note Thursday as market participants adopt an upbeat stance ahead of Friday's US non-farm payrolls report despite a rise in weekly jobless claims. 1 hour ago

Russia accuses NATO of using Ukraine crisis to close in on its borders

NATO is using the Ukraine crisis to encroach on Russia's borders, according to the Russian deputy defence minister Anatoly Antonov. 1 hour ago

Friends Life lifts profits 38% and hikes divi ahead of proposed Aviva takeover

Ahead of its proposed takeover by larger peer Aviva, insurance group Friends Life Group (FLG) smashed expectations with its 2014 results on Thursday as profits surged and cash generation exceeded guidance. 2 hours ago

Spirax-Sarco makes splash with special dividend and underlying strength

Investors and analysts overlooked stiff currency headwinds buffeting steam systems specialist Spirax-Sarco Engineering last year and instead focused on the strong underlying progress and a whopping 120p special dividend. 5 hours ago

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