Legal & 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".
Read moreCineworld in talks with landlords on UK closures - report
16th Jul 2024 13:59
(Sharecast News) - Cineworld has reportedly started talks with UK commercial landlords about plans to shutter up to 25% of its British cinema estate.
Read moreL&G's Salary Finance reportedly in merger talks with Oakbrook
11th Jul 2024 13:07
(Sharecast News) - A major merger is on the horizon for Salary Finance, a fintech firm partly owned by Legal & General (L&G), and Oakbrook, a tech-enabled lending platform, according to fresh reports on Thursday.
Read moreLondon close: Stocks finish choppy day in the red
26th Jun 2024 15:32
(Sharecast News) - London stocks ended in negative territory on Wednesday, influenced by a downturn in retail sales data for June.
Read moreL&G to sell Glencore, TJX stakes over environmental concerns
26th Jun 2024 11:07
(Sharecast News) - Legal & General Investment Management (LGIM) said that its environmental, social and governance and some pension funds would divest their stake in commodities miner and trader Glencore due to its thermal coal operations.
Read moreJPMorgan cuts L&G price target but maintains 'overweight'
24th Jun 2024 15:18
(Sharecast News) - JPMorgan Cazenove slashed its price target on Legal & General on Monday to 285p from 330p as it cut its estimates significantly after the company's June capital markets day.
Read moreLondon close: Stocks rise as US inflation undershoots forecasts
12th Jun 2024 15:00
(Sharecast News) - London stocks closed higher on Wednesday as investors reacted to economic data from the US and the UK, with lower-than-expected inflation figures from the United States and uninspiring GDP data from the UK.
Read moreLegal & General unveils £200m buyback and restructuring plan
12th Jun 2024 07:13
(Sharecast News) - Insurance, retirement and investment services group Legal & General has announced a £200m share buyback as it set out plans to restructure the business into three core units and promised to increase shareholder returns.
Read moreDeutsche Bank keeps Legal & General at 'buy' on potential CALA sale
29th May 2024 10:28
(Sharecast News) - Deutsche Bank has reiterated its 'buy' call for financial services and asset management company Legal & General following news of a potential sale of Cala Homes.
Read morePersimmon eyes up possible £1bn Cala bid - report
28th May 2024 08:30
(Sharecast News) - Persimmon saw its share price dip on Tuesday, after it was flagged as a potential buyer of rival housebuilder Cala.
Read moreLondon close: Stocks finish mixed as US GDP growth slows
25th Apr 2024 15:14
(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.
Read moreLegal & General scales back China plans - report
22nd Mar 2024 07:21
(Sharecast News) - UK insurer and asset manager Legal & General Group has scaled back its plans for China, it was reported on Friday.
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