Wednesday preview: US CPI, Legal & General in focus
11th Mar 2025 15:41
(Sharecast News) - The market spotlight in the middle of the week will be on the US Consumer Price Index for the month of February.
Read moreL&G to sell US protection business to Meiji Yasuda for $2.3bn
7th Feb 2025 07:16
(Sharecast News) - Legal & General is to sell its US protection business to Japanese peer Meiji Yasuda in a $2.3bn deal that will see the latter take a 5% stake in UK financial services group.
Read moreLondon close: Stocks mixed amid global political concerns
4th Dec 2024 15:01
(Sharecast News) - London's financial markets ended Wednesday in a mixed state, as investors weighed the upcoming no-confidence vote in France and political tensions in South Korea.
Read moreLegal & General hints at higher returns, reiterates full-year targets
4th Dec 2024 07:17
(Sharecast News) - Financial services and investment group Legal & General has maintained profit guidance for the full year and hinted at more returns for shareholders than previously announced.
Read moreL&G appoints new head of asset management
24th Sep 2024 07:41
(Sharecast News) - Legal & General has nabbed the head of Prudential Financial's investment management business to lead its new Asset Management arm.
Read moreLondon close: Stocks slip ahead of much-awaited Fed decision
18th Sep 2024 15:03
(Sharecast News) - London's stock markets closed lower on Wednesday, as investors digested the latest UK inflation figures and looked ahead to the US Federal Reserve's policy announcement later in the day.
Read moreGoldman Sachs downgrades Hiscox, upgrades Lancashire
18th Sep 2024 11:35
(Sharecast News) - Goldman Sachs has downgraded non-life insurer Hiscox and upgraded sector peer Lancashire as part of its review of the European insurance sector.
Read moreLegal & General sells Cala Group for £1.35bn
18th Sep 2024 07:02
(Sharecast News) - Legal & General said it had sold UK house builder Cala for £1.35bn to its former joint venture partner Patron Capital and investment group Sixth Street Partners as it looks to focus on its main businesses.
Read moreSixth Street, Patron reportedly considering bid for L&G-owned housebuilder Cala
4th Sep 2024 17:21
(Sharecast News) - US investment firm Sixth Street has partnered with Patron Capital Partners to compete against FTSE 100 housebuilder Persimmon in the bid to acquire privately-held UK housebuilder Cala Group, it emerged on Wednesday afternoon.
Read moreLondon close: Stocks mixed as investors look to Jackson Hole
22nd Aug 2024 15:31
(Sharecast News) - London's stock markets closed on a mixed note Thursday, as traders remained cautious ahead of a speech from Federal Reserve chair Jerome Powell.
Read moreLondon close: Stocks finish higher amid global recovery
7th Aug 2024 16:34
(Sharecast News) - London's stock markets closed higher on Wednesday, buoyed by positive global sentiment following remarks from the Bank of Japan.
Read moreLegal & General posts flat interim profit, lifts divi 5%
7th Aug 2024 07:05
(Sharecast News) - Financial services and asset management group Legal and General on Wednesday posted interim operating profit that beat analyst forecasts, driven by higher annuity sales.
Read moreWednesday preview: Chinese foreign trade, Legal & General in focus
6th Aug 2024 10:09
(Sharecast News) - Financial markets' attention will shift to outside the US on Wednesday, barring surprises.
Read moreLondon close: Stocks mixed as UK inflation holds steady
17th Jul 2024 12:28
(Sharecast News) - London stocks ended mixed on Wednesday as the latest inflation data came in slightly higher than anticipated, casting doubt on a potential interest rate cut in August.
Read moreRBC cuts Legal & General to 'sector perform'
17th Jul 2024 09:09
(Sharecast News) - RBC Capital Markets has downgraded Legal & General from 'outperform' to 'sector perform', saying that the pension risk transfer (PRT) market has "los[t] some of its lustre".
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