L&G announces biggest ever share buyback but FY profit falls short
11th Mar 2026 08:49
(Sharecast News) - Legal & General announced its biggest ever share buyback on Wednesday and said it was on track to hit its financial targets, but shares slumped as full-year core operating profit came in a touch light.
Read moreLife insurers clear stress tests - BoE
24th Nov 2025 13:45
(Sharecast News) - British life insurers could withstand severe market stress, the Bank of England confirmed on Monday, following a review of the sector's financial resilience.
Read moreLegal & General flags top-end full-year earnings growth
23rd Oct 2025 09:28
(Sharecast News) - Legal & General said in an update on Thursday that it expects to deliver full-year 2025 core operating earnings per share growth at the higher end of its 6% to 9% target range, alongside operational surplus generation growth of more than 3%, as it reported solid progress across its business lines.
Read moreBerenberg upgrades M&G to 'buy' as it turns attention to UK life insurers
13th Oct 2025 12:36
(Sharecast News) - Berenberg upgraded M&G on Monday as it turned its attention to UK life insurance stocks
Read moreL&G names Scottish Widows' Scott Wheway as chairman
13th Oct 2025 07:06
(Sharecast News) - Financial services firm Legal & General revealed on Monday that Scott Wheway will succeed John Kingman as chairman following the group's next annual general meeting on 21 May 2026.
Read moreLegal & General CFO steps down after eight years
30th Sep 2025 07:14
(Sharecast News) - Legal & General's chief financial officer of eight years has handed in his resignation, the insurance, retirement and investment group announced on Tuesday.
Read moreLondon close: Stocks mixed on US jobless claims, UK data
21st Aug 2025 17:48
(Sharecast News) - London stocks ended mixed on Thursday as traders digested a surprise increase in US initial jobless claims, a series of domestic data releases, and looked ahead to the Federal Reserve's Jackson Hole symposium.
Read moreJPMorgan downgrades Legal & General to 'neutral' on valuation, earnings outlook
13th Aug 2025 07:17
(Sharecast News) - JPMorgan Cazenove downgraded Legal & General on Wednesday to 'neutral' from 'overweight' and cut the price target to 275p from 290p on valuation, earnings outlook and competition risks.
Read moreRBC Capital Markets cuts L&G price target, reiterates 'underperform'
12th Aug 2025 09:50
(Sharecast News) - RBC Capital Markets reiterated its 'underperform' rating on Legal & General on Tuesday and cut the price target to 200p from 220p.
Read moreLondon close: Stocks finish higher after wave of results
6th Aug 2025 17:33
(Sharecast News) - London markets ended slightly higher on Wednesday, buoyed by corporate earnings despite concerns over a deteriorating outlook for the UK construction sector.
Read moreLegal and General pre-tax profits grow in 'excellent' H1
6th Aug 2025 07:10
(Sharecast News) - Insurance firm Legal & General said on Tuesday that it had an "excellent" six months ended 30 June, with both pre-tax and core operating profits growing, underpinned by strategic progress and a reshaped portfolio.
Read moreLegal & General inks strategic partnership with Blackstone
10th Jul 2025 09:49
(Sharecast News) - Legal & General announced a strategic partnership with Blackstone on Thursday, aimed at strengthening its annuities business and expanding its global asset management proposition.
Read moreLegal & General lays out plans to grow asset management business
17th Jun 2025 09:18
(Sharecast News) - Legal & General outlined plans on Tuesday to significantly grow its asset management business, describing it as a core engine of group-wide growth with untapped potential, as part of a dedicated investor event focused on the unit.
Read moreLondon close: Stocks rise as US payrolls beat forecasts
6th Jun 2025 16:47
(Sharecast News) - London equities ended the week on a positive note, with investors reacting to stronger-than-expected US labour market data.
Read moreSunday newspaper round-up: Trump, Airbus, Tesla
30th Mar 2025 12:26
(Sharecast News) - Senior UK and EU diplomats advised the Prime Minister on Saturday to fight back against Donald Trump should he pursue harsh tariffs on British exports. British government officials in Washington and London were in the midst of trying to head-off US trade duties on key UK industries. In particular, there is concern regarding the threat to impose reciprocal 25% tariffs on countries that levy VAT on America's exports. - Guardian
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