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Legal & General non-executive director Ronaldo Schmitz has bought shares worth nearly £100,000 in the insurer. Schmitz acquired 160,000 shares in five separate transactions at a price range of 62.05p-65.4p each. His holding has now increased to 297,000 shares. Yesterday L&G tumbled after posting a
5 Aug 09 17:01Life insurance is a complicated business, says Legal & General's chief executive Tim Breedon, adding that that explains the relative cheapness of his company's stock. The shares got even less expensive yesterday, when they fell 4.75% after the group's first-half results. Complicated accounting proc
5 Aug 09 06:40Price comparison website moneysupermarket.com saw first half profits slump from the same periods the previous year as it felt the impact of the financial crisis that erupted between the two periods. The firm posted a pre-tax profit of £1.9m in the six months to June 30 compared to £14.4m in the sam
4 Aug 09 08:16Footsie made a brief attempt to lift itself into the blue in late trading but finished where it spent most of the day: firmly in negative territory. Declining metal and oil prices took their toll on resource stocks. Copper miners Lonmin and Kazakhmys are among the big fallers, despite both stocks b
6 Jul 09 16:37Footsie is halfway to a triple digit fall as resource stocks drag the market lower, with many pundits suggesting that the market may have bounced back too far since it reversed course in March. Declining metal and oil prices are taking their toll on resource stocks. Copper miners Lonmin and Kazakhm
6 Jul 09 14:26Price comparison website Moneysupermarket.com is going well after saying results for the third quarter are in line with expectations after a mixed third quarter. The firm's travel operations were among the strong performers. EasyJet gain altitude after the airline said it carried 0.8% more passenge
6 Jul 09 12:33Resource stocks have dragged Footise lower and with Wall Street predicted to open lower there is little prospect of a transatlantic boost in the afternoon session. Declining metal and oil prices are taking their toll on resource stocks. Copper miners Lonmin and Kazakhmys are among the big fallers,
6 Jul 09 12:07London has opened sharply lower in early deals as traders await the return of Wall Street, back after Friday's Independence Day holiday. Miners are the worst performers after concern that the poor US jobs data heralds more economic woe for the country. Xtrata, Rio Tinto, Lonmin and Fresnillo are wo
6 Jul 09 08:56The futures market indicates London could lose around 25 points in early deals as traders await the return of Wall Street, back after Friday's Independence Day holiday. The Dow Jones, which fell over 200 points on Thursday following terrible jobs data, is currently seen extending losses when it re-
6 Jul 09 07:34Price comparison web site Moneysupermarket.com is trading in line with the board’s expectations, with little change in performance levels since the company’s statement in April. The company said in April that trading had stabilised after a sharp drop in revenues in the first quarter. Chief executi
6 Jul 09 07:04Tullett Prebon's chief executive Terry Smith has spent more than £1m upping his stake in the interdealer broker. He bought 439,731 shares at 267p a time and now has about 9.2m, which is 4.3% of the firm. He was joined by finance director Paul Mainwaring who took 103,683 shares at 268.9p a time. T
29 Jun 09 17:11
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