Legal & General Share News (LGEN)

London close: Stocks taper as sterling, commodity prices lose traction

(ShareCast News) - UK stocks whimpered to a lower close on Friday as sterling lost traction on renewed Brexit fears and commodity prices headed south. The spectre of the Lisbon Treaty's Article 50 rose once more, following a media report that claimed UK Prime Minister Theresa May was sympathetic to

FTSE 100 movers: house builders, miners sag as easyJet firms

(ShareCast News) - London's FTSE 100 tiptoed lower as a string of house builders sagged amid lingering concerns about the UK real estate market, and several miners slumped alongside metals prices. House builders were led lower by Persimmon, Taylor Wimpey and Barratt Developments, investors exiting t

Britain's FTSE edges up, helped by miner rally

* Blue chip FTSE 100 up 0.1 pct * Dollar falls after U.S. Fed minutes, miners gain * Kingfisher, Kaz Minerals up after results (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets)

British firms face higher bill to escape growing pension black hole

* Vote to quit European Union worsens pension deficit * Some companies hand off the burden to insurers * Brexit makes such a move more expensive By Simon Jessop and Carolyn Cohn LONDON, Aug 18 (Reuters) - Britain's vote to leave the European Union and a subsequent interest

Britain's FTSE gains as miners rally

(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) * Blue chip FTSE 100 up 0.2 pct * Dollar falls after U.S. Fed minutes, miners gain * Kingfisher, Kaz Minerals up after resultsRead more

Legal&General to invest in US infrastructure for the first time

(ShareCast News) - Legal & General announced its first foray into the US market for infrastructure investments with a deal in California. The insurance and pensions group would invest $100m to expand the University of California´s campus in Merced County, as part of a larger $660m funding deal in

CORRECTED-(OFFICIAL)-L&G kicks off U.S. infrastructure push with university deal

(Company corrected statement to make clear the $100 mln L&G financing is part of a $660 mln package, not a $760 mln package) LONDON, Aug 17 (Reuters) - British insurer Legal & General has agreed its first infrastructure deal in the United States, investing around $100 million to help the U

Thursday broker round-up

(ShareCast News) - Astrazeneca: Berenberg reiterates buy with a target price of 5600p. Legal & General: RBC maintains outperform with a 300p target. Lloyds: JP Morgan reiterates neutral with a 62p target. Centamin: RBC stays at speculative risk with a 190p target. Staffline: Berenberg reiterates

EXTRA: Platform Sale Called "Excellent Deal" For Legal & General

TOP NEWS SUMMARY: Legal & General Sells Investment Platforms To Aegon

Legal & General sells Cofunds platform to Aegon

(ShareCast News) - Legal & General Group has agreed the sale of its Cofunds investment platform to Aegon for £140m. The acquisition, which includes the Investor Portfolio Service (IPS) platform as well as Cofunds' retail and institutional business, will increase the Solvency II surplus by £125m

UPDATE 1-Aegon 2nd-quarter earnings miss forecasts, reviews U.S. operations

(Adds CEO quote, more results figures) AMSTERDAM, Aug 11 (Reuters) - Dutch-based insurer Aegon NV is reviewing parts of its business in the United States, it said on Thursday, after reporting second-quarter earnings that missed estimates, partly due to adverse claims in the U.S. Pre

Directors dealings: Legal&General director picks up shares

(ShareCast News) - Legal & General independent director Julia Wilson picked up 7,320 shares in the life insurer she helps run at a price of 206p each, for a total consideration of £15,084.18. In the previous session, the firm announced that operating profits jumped 10% during the first half of the y

DIRECTOR DEALINGS SUMMARY: Legal & General Non-Executive Buys Shares

LONDON MARKET CLOSE: Stocks Extend Rally Despite Brent Nearing USD44