Legal & General Share News (LGEN)

UPDATE 1-RBS says did not mislead investors in $6.5 bln lawsuit defence

* RBS defence document says 2008 cash call not forced on it * RBS says market knew capital ratio was well below 4 pct * Claimants say not given "true picture" of RBS's position By Steve Slater LONDON, Dec 13 (Reuters) - Royal Bank of Scotland said it and its former bosses

RBS to lodge defence in 4 bln stg shareholder lawsuit

LONDON, Dec 13 (Reuters) - Royal Bank of Scotland said it and its former bosses may have made bad business decisions in the past but that does not mean they misled investors or acted illegally, as it prepared to lodge its defence against a lawsuit from shareholders. RBS said it planned to

UPDATE 1-L&G hires Goldman Sachs to advise on bid for Co-Op insurance unit

By Chris Vellacott LONDON, Dec 12 (Reuters) - UK insurer Legal & General has hired Goldman Sachs to advise on a possible bid for the general insurance arm of the Co-operative Group, a source familiar with the process said. The group, which has already sold its life insurance and savi

L&G hires Goldman Sachs to advise on bid for Co-Op insurance unit-source

LONDON, Dec 12 (Reuters) - UK Insurer Legal & General has hired Goldman Sachs to advise on a possible bid for the general insurance arm of the Co-operative Group, a source familiar with the process said. The group, which has already sold its life insurance and savings business, expects to

UK insurers plan to invest 25 bln pounds in infrastructure

* Government on drive to boost private-sector investment * Power stations and transport infrastructure stretched * No commitment yet from insurers to specific projects By David Milliken LONDON, Dec 4 (Reuters) - British insurers plan to invest 25 billion pounds ($41 billio

Virtuous veterans hard to find in British banking

By Matt Scuffham LONDON, Nov 29 (Reuters) - Calling all senior, experienced British bankers with a clean charge sheet and political nous. There might be a chairmanship role awaiting. With three of Britain's four major banks expected to hire new chairmen - and they are all likely to be

UK BROKER RATING CHANGES: Brokers Raise View On Mitchell & Butlers

DIRECTOR DEALINGS: Legal & General Director Sells 30,000 Shares

UK BROKER RATING CHANGES: UBS Cuts Antofagasta To Neutral From Buy

Thursday broker round-up UPDATE

Aggreko: Liberum Capital initiates with a target price of 1500p and a hold recommendation. Antofagasta: UBS reduces target price from 965p to 870p and downgrades from buy to neutral. APR Energy: Liberum Capital starts with a target price of 890p and a sell recommendation. Ashtead Group: Liberum C

BROKER RATING CHANGES: Canaccord Raises Moneysupermarket To Buy

Wednesday broker round-up

Anglo American: Alphavalue moves target price from 1816.9p to 1827.1p upgrading from add to buy. Associated British Foods: Citi raises target price from 1950p to 2350p, while leaving its neutral rating unchanged. Assura Group: Liberum Capital initiates with a target price of 42.9p and a buy recomm

London close: Financials lead markets lower as RSA sinks

- UK services growth accelerated in October - European Commission downgrades Eurozone growth - RSA leads financials lower after gloomy update techMARK 2,647.46 -0.14% FTSE 100 6,746.84 -0.25% FTSE 250 15,367.61 -0.65% UK markets finished slightly lower on Tuesday as upbeat domestic economic data w

FTSE 100 movers: M&S cheers despite falling profits

Marks & Spencer saw underlying pre-tax profit fall 8.9 per cent to 261.6m pounds in the first half of the year, but since this was not as bad as many analysts were expecting, the stock registed strong gains. The retailer has been investing heavily in the business, incurring extra costs during the

UK WINNERS & LOSERS: RSA, CSR Lead FTSE 350 Fallers; M&S Gains On Online Sales