Legal & General Share News (LGEN)

Banks charged higher on the news that UK inflation fell below the government's target of 2.0 per cent in January for the first time since 2009. Royal Bank of Scotland and Barclays registered the strongest gains within their sector. BT shares were given a lift after the UK's Court of Appeal ruled the Competition Appeals Tribunal must re-evaluate the way rival BSkyB sells its sports channels to rivals. IMI shares were once again higher after the group returned cash to shareholders via the payment of a C share dividend. BHP Billiton rose after it reported a 15% increase in interim underlying operating profits, in terms of earnings before interest and taxes (EBIT), to reach $12.4bn. Underlying attributable profit rose by 31% to reach $7.8bn.Whitbread also registered decent gains after it reportedly signed a deal with hotel chain Action to expand its Premier Inn franchise in the Middle East. Meanwhile, InterContinental Hotels Group fell heavily despite posting a 3.7% rise in 2013 revenue to $1.9bn. However, as noted by broker Investec, there was a negative impact on earnings before interest and tax as a result of hotel/room closures during refurbishments, while 2014 capex guidance was more than 20% ahead of its current forecast. Significantly, there is a potential delay to further cash returns. Numis cut the stock to 'hold' from 'add'. Rolls-Royce fell after Citi reduced its target price from 1,280p to 1,070p and downgraded the stock to 'neutral'.Numis cut Tate & Lyle to 'hold' from 'add', and cut its target price from 858p to 693p, ensuring the issue was a heavy faller. Centrica also declined after Deutsche Bank reduced its target price on the stock from 315p to 300p, with a 'hold' rating. Randgold Resources fell after the group said results from the drilling programme on the Baraboye and Ibel prospects did not justify an immediate follow-up programme. As such, the group is moving its focus to exploration activities on the Gangara and Bandafassi prospects where it plans to identify additional drill targets.FTSE 100 - RisersRoyal Bank of Scotland Group (RBS) 361.40p +2.73%BT Group (BT.A) 413.60p +2.30%Barclays (BARC) 261.35p +2.07%IMI (IMI) 1,559.00p +1.90%BHP Billiton (BLT) 1,945.50p +1.75%London Stock Exchange Group (LSE) 1,991.00p +1.74%Whitbread (WTB) 4,194.00p +1.70%Travis Perkins (TPK) 1,935.00p +1.68%Babcock International Group (BAB) 1,442.00p +1.55%Associated British Foods (ABF) 2,894.00p +1.47%FTSE 100 - FallersInterContinental Hotels Group (IHG) 1,976.00p -3.47%Rolls-Royce Holdings (RR.) 984.00p -2.19%Legal & General Group (LGEN) 237.90p -1.65%Morrison (Wm) Supermarkets (MRW) 232.50p -1.65%Tate & Lyle (TATE) 646.50p -1.52%Pearson (PSON) 1,101.00p -1.43%Centrica (CNA) 314.00p -1.38%Randgold Resources Ltd. (RRS) 4,796.00p -1.26%Amec (AMEC) 1,099.00p -0.90%Meggitt (MGGT) 513.50p -0.87%NR