Legal & General Share News (LGEN)

The Independent looks at Randgold Resources which issued a management statement yesterday and was one of the FTSE 100's biggest climbers. The numbers for the third quarter were impressive with a huge rise in revenues and profits over the equivalent period of 2010. That said, there are a few dark clouds on the horizon, notably the cost to extract each ounce of gold which had reached $747 per ounce by September. This is at the top end amongst its peers and something of a worry for Randgold. However, with the Euro debt crisis still in full swing and gold prices at historic highs the Independent argues Randgold is a great haven for anxious investors. Buy.The Times's Tempus column assesses the satellite firm Inmarsat which has had a rough ride of late, falling 30% so far this year. Its business is built around its fleet of 11 satellites through which it provides data and voice services, notably to ships. As Tempus notes third quarter results weren't bad, with profits and revenues both up nearly 18%. The problems the firm has faced are twofold. Firstly, voice calls to satellite phones on ships are not making as much money as they once did as people start to use services like Skype. The second has been the "predatory" attentions of of Harbinger Capital which has now flogged its 28% stake in the firm.Nevertheless, the American arm of Inmarsat, LightSquared ,which provides mobile broadband via satellite, is doing well and there is the plain fact that the share price has come down so significantly in recent months that Inmarsat looks undervalued. If you believe the adage "sell in euphoria buy in despair" then the British satellite firm may well be a buy.The Telegraph's Questor column looks at one of the grand old dames of the FTSE 100, the insurance and financial services firm Legal and General (L&G). In the last six months the stock has essentially tracked the FTSE so is down 12.5%. However, in the year to date L&G is up 10% against a FTSE fall of 7%. Its value, argues Questor, is in cash generation which is well ahead of target for the year and could come in as high as £900m. This is crucial in enabling the firm to keep paying its dividend, which investors obviously love. By next year the full year divi could be 6.3%. If you're interested in income Legal and General is, according to Questor, a buy.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.