Legal & General Share News (LGEN)

London close: FTSE 100 at three-month low as IMF cuts global outlook

Disappointing economic data and the ongoing US government shutdown sparked a sell-off on London's FTSE 100 on Tuesday, with the index falling to levels not seen in over three months. Meanwhile, as the budget impasse continues in Washington, the International Monetary Fund (IMF) today cut its outloo

DIRECTOR DEALINGS: Legal & General Directors Buy Shares

DIRECTOR DEALINGS: Legal & General CEO, CFO, Others Acquire Award Shares

UPDATE 2-UK watchdog proposes shake-up of poor value pensions

By Sinead Cruise LONDON, Sept 19 (Reuters) - A UK watchdog has unveiled proposals to shake up the 275 billion-pound ($439 billion) defined-contribution pensions market, parts of which offers poor value for money for up to 5 million savers. The Office of Fair Trading (OFT) has stepped

Thursday broker round-up UPDATE

ASOS: Canaccord Genuity increases target price from 3400p to 6200p and upgrades to buy. Associated British Foods: Jefferies raises target price from 1650p to 1750p and retains a hold recommendation. Barclays: Alphavalue upgrades from add to buy with a target price of 344.20p. BHP Billiton: Nomura

Wednesday broker round-up UPDATE

African Minerals: Canaccord Genuity reduces target price from 410p to 330p, while its buy recommendation remains unaltered. Amlin: Goldman Sachs moves target price from 405p to 420p and reiterates a neutral rating. Andor Technology: Investec takes target price from 360p to 410p leaving its buy rec

Big British investors consider suing RBS over share offer

By Kirstin Ridley LONDON, Sept 17 (Reuters) - Four of Britain's largest institutional investors are part of a group considering suing state-owned Royal Bank of Scotland over a share offer under disgraced former Chief Executive Fred Goodwin. Prudential and Universities Superannuation S

Tuesday broker round-up UPDATE

Aggreko: Credit Suisse reduces target price from 2000p to 1400p and downgrades from neutral to underperform. Antofagasta: WH Ireland downgrades to neutral. Associated British Food: Nomura moves target price from 1650p to 1670p staying with its reduce rating. Aviva: Berenberg downgrades from hold

London close: Stocks at six-week high despite subdued finish

UK stocks registered decent gains on Monday as markets reacted positively to the withdrawal of Larry Summers from the candidacy to head the Federal Reserve, though investors turned more cautious towards the end of the session. Gains were trimmed slightly in afternoon trade on reports of a shooting

Sector movers: Prudential leads life insurers higher

Life insurance stocks were performing well on Monday as financials benefited from strong start to the week for stock markets across the globe. Prudential was among the best performers after Panmure Gordon hiked its target price for the stock from 1,376p to 1,453p and retained its 'buy' rating follo

FTSE 100 movers: Fresnillo plunges on levy concerns

Precious metals miners Fresnillo has plummeted on concerns over levies on the mining sector in Mexico. "All of Fresnillo's seven operational mines are in Mexico, leaving it heavily exposed to such an increase in its tax burden," said Financial Sales Trader Max Cohen from Spreadex. Sector peer ENRC

London midday: FTSE 100 at six-week high after Summers' withdrawal

News that Larry Summers has dropped out of the running for Federal Reserve Chairman gave market sentiment a boost on Monday morning while concerns over Syria eased. London's FTSE 100 surged to a six-week high of around 6,639 today - the last time the index closed higher was on August 2nd when it en

London open: Stocks jump ahead of Fed, Syria concerns ease

Markets opened strongly on Monday morning as eyes begin to turn to the Federal Reserve ahead of its all-important policy meeting this week while concerns about Syria eased. The Federal Open Market Committee's two-day meeting is due to come to a close on Wednesday and will likely be one of the most

STOCKS NEWS EUROPE-L&G boosted by Bernstein upgrade

Shares in Legal & General climb 1.6 percent to be third-top risers on Britain's FTSE 100, with traders citing the impact of a rating upgrade from Bernstein, which highlights the insurer's growth potential. "We upgrade Legal & General to Outperform on the basis of our belief in the group's a

UPDATE 1-EU watchdog still eyes 2016 start for insurance rules

* Solvency II start in 2016 difficult but possible -EIOPA * EIOPA head says heard encouraging signals on negotiations * Says sees Europe-wide use of early warning indicators By Jonathan Gould FRANKFURT, Sept 6 (Reuters) - New risk capital rules for Europe's insurance secto