UK Mortgages rates and deals

August 6, 2008

Old Mutual shares tumble after U.S. hit disappoints

Filed under: Bridging Finance — Phill Taylor @ 2:11 pm

Insurer Old Mutual has posted a bigger than expected hit from troubles at its U.S. arm after markets deteriorated beyond its forecasts and warned that sales there could dip as a result in 2008, sending its shares lower.

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