Phoenix Group FY Profit Surges, Lifts Dividend – Quick Facts

Harry and Meghan reveal the gender of their baby due in summer


Harry confirms rift with William and says their relationship is now just 'space'


Eastbound I-70, I-270 closed at Quebec due to serious crash – The Denver Post

The eastbound portions of a pair of highways have been closed in north Denver Sunday night.

Eastbound Interstate 70 and Interstate 270 are closed at North Quebec Street, according to a tweets from the Colorado Department of Transportation.

Denver police tweeted that a serious crash is the reason behind the closure on I-70.

There is no estimated time of reopening.

This is a developing story.

Meghan and Harry share adorable new video of son Archie at the beach


NBA All-Star Game: Team LeBron still perfect after 170-150 win over Team Durant – The Denver Post

TIP-INS

UP NEXT

UCLA’s Michaela Onyenwere scores 30, but No. 4 Stanford drubs No. 9 Bruins to win Pac 12 title – The Denver Post

BIG PICTURE

ACE IN THE PLACE

BIG BROTHER

UP NEXT

Giannis Antetokounmpo wins NBA All-Star Game MVP after shooting 16-of-16 from field

Milwaukee's Giannis Antetokounmpo couldn’t miss in Sunday’s NBA All-Star Game.

Literally, not figuratively.

The Bucks star made all 16 shots he attempted and had 35 points for Team LeBron in a 170-150 victory over Team Durant.

Golden State's Steph Curry picked up right where he left off as winner of the 3-point contest that took place just before the All-Star Game. He made an All-Star record seven 3s in the first half — some from near halfcourt — and finished with 28 points.

Damian Lillard matched Curry’s eight 3s and had 32 points, scoring the winning basket on a 3-pointer from just over halfcourt. Dame Time indeed.

So in a game full of stars compiling big stats, who gets the NBA All-Star Game Kobe Bryant MVP award? Any of the three were viable options.

When in doubt, go with the player who was perfect.

Pearson Preliminary FY Adj. Operating Profit Declines; Underlying Revenue Down 10%

Pearson PLC (PSO,PSON.L) reported profit before tax of 354 million pounds for the year ended 31 December 2020 compared to 232 million pounds, prior year. Earnings per share was 41.0 pence compared to 34.0 pence. Adjusted operating profit declined to 313 million pounds from 581 million pounds. Excluding the impact of FX and portfolio changes, underlying adjusted operating profit was down 40%. Adjusted earnings per share was 28.7 pence compared to 57.7 pence.

Fiscal year sales from continuing operations decreased 12% to 3.40 billon pounds from 3.87 billion pounds, last year. Underlying revenue declined 10%.

For 2021, the Group expects year on year revenue growth, with adjusted operating profit to be in line with current market expectations.

The Board proposed a final dividend of 13.5 pence, flat year on year, which results in an overall dividend of 19.5 pence. This will be payable on 7 May 2021.

Millions of children return to school in first big step out of lockdown



11 bombshell revelations from Meghan and Harry's Oprah interview



Phoenix Group FY Profit Surges, Lifts Dividend – Quick Facts

Phoenix Group (PHNX.L) reported Monday that its fiscal 2020 profit attributable to owners of the parent surged to 798 million pounds from last year’s 85 million pounds.

Earnings per share were 91.5 pence, up from 8.6 pence last year.

Profit before the tax attributable to owners was 944 million pounds, compared to last year’s loss of 14 million pounds.

Group operating profit was 1.20 billion pounds, inclusive of the ReAssure business, up from last year’s 810 million pounds.

Gross premiums written increased to 4.71 billion pounds from 4.04 billion pounds last year. Net premiums written grew to 3.91 billion pounds from 3.48 billion pounds last year.

Assets under administration was 338 billion pounds as of December 31, 2020, compared to 248 billion pounds last year.

Further, the company recommended final dividend of 24.1p per share, reflecting a 3% increase on the 2020 interim dividend and equates to a 2020 full year dividend of 47.5p per share, up from 46.8 pence per share last year.

The recommended final dividend of 24.1p per share is expected to be paid on May 18, subject to shareholder approval on May 14.

Looking ahead to 2021, the company said it will continue to optimise in-force Heritage business for cash and resilience, while the recent acquisition of the Standard Life brand will support it in accelerating Open business growth strategy.