Legal & General Share News (LGEN)

DIRECTOR DEALINGS: Legal & General Directors Acquire Shares Under Employee Plan

UPDATE 1-Bank of England studies fallout from annuities reform

* UK regulator in talks with insurers over annuities fallout * Insurers see sales of annuities shrink by up to 75 percent * Companies examining viability of their business models (Adds Legal & General comment on long term investments) By Huw Jones LONDON, July 1 (Reuters

DIRECTOR DEALINGS: Legal & General Directors Buy Shares

Bank of England studies fallout from annuities reform

* UK regulator in talks with insurers over annuities fallout * Insurers see sales of annuities shrink by up to 75 percent * Companies examining viability of their business models LONDON, July 1 (Reuters) - The Bank of England (BoE) is asking insurers how they can stay in busines

Legal & General fund arm hires head of Europe institutional business

LONDON, July 1 (Reuters) - Legal & General Investment Management (LGIM), the fund arm of insurer Legal & General , said on Tuesday it had appointed Sarah Aitken as head of its institutional business for Europe and the Middle East. Aitken, who joins in September, was previously head of distr

UK BROKER RATINGS: Merill Lynch Downgrades Easyjet To Underperform

Monday newspaper round-up: Bank Rate, Income tax, Cameron

Interest rates are likely to hit 5% within a decade, according to the outgoing Bank of England deputy governor for monetary policy. Sir Charlie Bean said it would be "reasonable" to expect borrowing costs to return to pre-recession levels in the long term - between five and 10 years. - The Guardian

UPDATE 2-UK motor firm AA Group makes weak stock market debut

(Adds share price, executive comment) By Freya Berry and Clare Hutchison LONDON, June 23 (Reuters) - Shares in AA Group fell on Monday after the UK motoring organisation joined the London stock market, just a month after its sister company Saga failed to impress investors in its own

AA Group raises 1.4 bln stg in stock market listing

LONDON, June 23 (Reuters) - UK motoring firm AA Group said on Monday it had completed an initial public offering (IPO) to raise gross proceeds of 1.4 billion pounds ($2.4 billion). The offering, priced at 250 pence per share, was oversubscribed and its owners, private equity firms Permira ,

UK BROKER RATINGS: Canaccord Raises Charles Stanley To Buy

LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:
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FTSE 100
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TRADERS: MERRILL LYNCH CUTS VODAFONE TO 'NEUTRAL' ('BUY')
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TRADERS: BARCLAYS RAISES WEIR GROUP PRICE TARG

Thursday broker round-up UPDATE

BAE Systems: Westhouse Securities initiates with a target price of 360p and a sell recommendation. Berkeley Group: Deutsche Bank increases target price from 2587p to 2877p retaining a hold recommendation. Jefferies raises target price from 2477p to 2543p and keeps a hold recommendation. BG Group:

UK MORNING BRIEFING: Rolls-Royce Leads Strong Opening Gains

LONDON (Alliance News) - UK shares have opened strongly higher Thursday, and the pound has broken above USD1.70, following a well-received US Federal Reserve meeting.

Rolls-Royce Holdings leads FTSE 100 gains after saying it will return cash to shareholders through

DIRECTOR DEALINGS: Legal & General Directors Acquire Shares

LONDON (Alliance News) - Life insurance provider Legal & General Group PLC Tuesday said a group of directors, including Chief Executive Nigel Wilson, acquired shares under the dividend reinvestment plan at a price of 233.40 pence per share Wednesday.

Details are as follows.
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UPDATE 3-AA's private equity owners speed to exit with sale and IPO

* Owners strike deal to sell 69 pct stake ahead of IPO * Listing later in June expected to value AA at 1.4 bln stg * Follows troubled flotation of sister company Saga (Adds detail on management buy-in) By Freya Berry and Anjuli Davies LONDON, June 6 (Reuters) - The priva

Britain's AA eyes 4 bln stg London listing -Sky

June 5 (Reuters) - Britain's Automobile Association (AA) is planning a 4 billion pound ($6.72 billion) stock market flotation that its parent, Acromas Holdings, could announce as early as Friday, Sky News reported on its website. The broadcaster, citing a source, said deal was being finalis