Legal & General Share News (LGEN)

FTSE 100 movers: Stocks sink on macro concerns, but retailers outperform

(Sharecast News) - Mining and financial stocks dropped on Tuesday on the back of macroeconomic concerns, but retail shares held up relatively well.

High interest rates hit Legal & General assets, shares fall

LONDON, Aug 15 (Reuters) - British life insurer and asset manager Legal & General recorded a 10% drop in assets under management in the year to end June, it said on Tuesday, overshadowing a first-half operating profit beat and sending its shares lower.

LONDON MARKET MIDDAY: FTSE 100 down as wage growth sparks rate fears

(Alliance News) - Stock prices in London were lower at midday on Tuesday, as wage growth fuelled talks of the Bank of England's next move.

LONDON MARKET OPEN: Financials lead decline in FTSE 100; M&S jumps

(Alliance News) - Stock prices in London opened firmly in the red on Tuesday, following a mixed UK jobs print, and the latest stream of weak data from China.

TOP NEWS: Legal & General ups dividend, optimistic despite profit fall

(Alliance News) - Legal & General Group PLC on Tuesday raised its dividend and said it was on track to meet its financial targets, despite a hit from investment losses.

London open: Housing stocks pull FTSE lower on rate-hike fears

(Sharecast News) - The FTSE 100 dropped in early trade on Tuesday as investors reacted to an unexpected acceleration in UK wage growth and a surprise interest rate cut in China.

LONDON BRIEFING: L&G profit falls on investments; M&S outlook rosy

(Alliance News) - Stocks in London are expected to edge up at Tuesday's open, as investors weigh the latest economic data from the UK and Asia.

Legal & General hikes dividend after solid first half

(Sharecast News) - Financial service company Legal & General reported a robust first-half performance on Tuesday, as it made progress toward its five-year ambitions set for 2020-2024.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: JPMorgan lifts Rolls-Royce; RBC cuts Unite

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

LONDON BROKER RATINGS: JPMorgan cuts L&G, St James's price target

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

LONDON BROKER RATINGS: Exane raises Segro; Goldman likes Aston Martin

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

UK's L&G agrees 1.8 billion pound pensions buy-in with United Utilities

LONDON, July 18 (Reuters) - Legal & General said on Tuesday it had agreed a 1.8 billion pound pensions buy-in with FTSE 100 company United Utilities, part of a growing trend of businesses offloading pension scheme risk to insurers.

Asset managers "backtracked on climate resolutions at oil major AGMs"

(Alliance News) - Some of the UK's largest investors have been accused of backtracking on their support for a climate resolution at oil majors' annual general meetings this year.

LONDON BROKER RATINGS: HSBC says 'buy' AstraZeneca but 'reduce' GSK

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: