Legal & General Share News (LGEN)

LONDON MARKET CLOSE: Stocks Extend Rally Despite Brent Nearing USD44

Wednesday newspaper share tips: Regus, Standard Life

(ShareCast News) - Regus appears to be on to something with its flexible business model and markets have caught on, the Financial Times´s Lex column said. Its stock was trading near its 2016 high on a price-to-earnings multiple of close to 25. The real estate firm not only owns its properties,

LONDON MARKET MIDDAY: Stocks Consolidate Gains After Four-Day Rally

BROKER RATINGS SUMMARY: Panmure Raises RSA Insurance To Buy From Hold

WINNERS & LOSERS SUMMARY: Worldpay Bid Up After Strong First Half

UPDATE 2-Standard Life posts asset growth despite market turmoil

* Total assets rise 7 pct to 328 bln pounds * GARS fund sees first quarterly outflow * Company looks to bring down cost base (Adds CEO comment, analyst comment, detail from statement, share reaction) By Simon Jessop LONDON, Aug 9 (Reuters) - British insurer and asset man

UPDATE 1-L&G's H1 operating profit up 10 pct, fund unit lags

(Adds detail on business divisions, CFO, share price) By Carolyn Cohn LONDON, Aug 9 (Reuters) - Lower profits in Legal & General's investment management and general insurance businesses took the shine off an overall 10 percent rise in first-half operating profit, making the insurer t

BUZZ-Legal & General: Bottom of the FTSE after H1 insurance miss

** Insurer Legal & General's shares down 4.5 pct after its first-half insurance business misses estimates ** Shares bottom of the FTSE and second-largest losers on the Stoxx ** Co posts H1 oper profit beat, profit rose 10 pct to 822 mln stg vs expectation of 812 mln stg ** Jeffe

Legal & General profits edge higher in cautious first half

(ShareCast News) - Legal & General increased first-half profits by almost a quarter as strong growth from the annuity arm offset declines at investment management and insurance. Adjusted group operating profit in the half-year to 30 June increased 10% on the same period last year to £822m, with earn

Legal & General sees 10 pct rise in H1 operating profit

LONDON, Aug 9 (Reuters) - Insurer Legal & General posted an above-forecast 10 percent rise in first-half operating profit to 822 million pounds ($1.07 billion) on Tuesday, boosted by strong growth in its retirement business. Analysts expected to see operating profit of 812 million pounds,

L&G adjusts reduces pricing discount on UK property fund

LONDON, July 27 (Reuters) - Legal & General's fund arm Legal & General Investment Management (LGIM) said on Wednesday it had reduced the discount applied to investors wishing to withdraw cash from its 2.3 billion pound UK property fund, from 10 percent to 7.5 percent. LGIM imposed the disco

BROKER RATINGS SUMMARY: Credit Suisse Cuts United Utilities To Neutral

Legal & General Executes GBP750 Million Pension Buy-In With ICI

Legal & General completes 750 mln pound pension buy-in for ICI

LONDON, July 19 (Reuters) - Legal & General Group has completed a 750 million pound ($990.98 million) pension buy-in transaction for the ICI pension fund, the insurer said on Tuesday. Legal & General and ICI did the risk transfer deal shortly after the EU referendum on June 23, L&G said,

Legal&General cuts discount on UK property fund as redemptions slow

(ShareCast News) - Legal &General reduced the discount for withdrawals from its UK property fund after applications for redemptions slowed. Investors now faced a 10% loss when withdrawing their monies from the firm's £2.5bn UK property fund and not 15%, Legal&General said in a statement. "While it