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Legal & General (LGEN) Share News

UK BROKER RATINGS: Liberum Cuts SSE To Hold From Buy

27th Mar 2014 10:11

LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS RAISES KINGFISHER PRICE TARGET TO 440 (420) PENCE - 'NEUTRAL' <br />----------<br />HSBC RAISES KINGFISHER PRICE TARGET TO Read More

MARKET COMMENT: FTSE 100 Pares Early Gains To Close Flat

26th Mar 2014 17:19

LONDON (Alliance News) - UK stocks closed mixed Wednesday, with the FTSE 100 ending the day almost perfectly flat, as investors were starved of any fresh UK macroeconomic data.<br /><br />London's major stock indices all opened the session firmly higher as traders were by buoyed by a positive Read More

UK MIDDAY BRIEFING: Government Completes 2nd Lloyds Bank Stake Sale

26th Mar 2014 13:40

LONDON (Alliance News) - The UK government has raised a further GBP4.20 billion from its second sale of <strong>Lloyds Banking</strong> Group PLC shares, meaning it has now recouped GBP7.41 billion of the roughly GBP21 million that taxpayers injected into the bank during the financial crisis.< Read More

UK WINNERS & LOSERS: Standard Life Leads FTSE 100 Risers

26th Mar 2014 11:30

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Standard Life</strong>, up 5.2%. The company has agreed to buy Ignis Asset Mana Read More

TOP NEWS: UK Government Raises GBP4.2 Billion From Lloyds Sale

26th Mar 2014 11:17

LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br /><strong>----------</strong><br /><strong>COMPANIES</strong><br />----------<br />The UK government said it has raised GBP4.2 billion in its sale of a second tranche of <strong>Lloyds Banking</strong> Group Read More

MARKET COMMENT: Life Insurers Lead UK Stocks Higher

26th Mar 2014 10:41

LONDON (Alliance News) - UK and European stocks are pushing higher Wednesday, with life insurers leading the UK gains in the absence of any significant data hurdles and amid improved investor sentiment after Tuesday's bumper reading of US investor sentiment. There continues to be background Read More

Legal & General Wins GBP3.0 Billion Bulk Annuity Contract

26th Mar 2014 08:45

LONDON (Alliance News) - Legal & General Group PLC Wednesday said it has won a bulk annuity contract with ICI Pension Fund, covering GBP3.00 billion of its liabilities, as the life insurer moved to reinforce its expectation that it will exceed the GBP2.1 billion of annuity net flows in 2013. < Read More

UK MORNING BRIEFING: UK Completes 2nd Sale Of Lloyds Bank Shares

26th Mar 2014 08:40

LONDON (Alliance News) - Shares have opened higher Wednesday, as the UK government completed its second sales of shares in <strong>Lloyds Bank</strong>. <br /><br />The UK government said it has raised GBP4.2 billion from the sale, meaning it has now recouped GBP7.41 billion of the roughly GBP Read More

PRESS: Legal & General Expects Annuity Market Sales To Halve - FT

26th Mar 2014 06:58

LONDON (Alliance News) - Legal & General Group PLC has forecast that Chancellor of the Exchequer George Osborne's changes to pensions rules could result in the GBP12 billion a year annuity market more than halving in size, according to the Financial Times. The measures introduced in the Cha Read More

MARKET COMMENT: US Data Lifts Equities But UK Stocks Still Close Down

20th Mar 2014 17:14

LONDON (Alliance News) - UK stocks fell on Thursday, following the declines seen in US markets on Wednesday after new Federal Reserve Chair Janet Yellen announced a further cut to the US quantitative easing programme and also hinted at an interest rate rise sooner than previously expected. Read More

UK MIDDAY BRIEFING: Budget Aftershocks Reverberate Through Shares

20th Mar 2014 13:01

LONDON (Alliance News) - UK equities are attempting to rebalance today in the wake of the tax and regulatory changes unveiled in Wednesday's government budget.<br /><br />Life insurance companies have continued to take a battering during morning trading, following the announcement by Chancello Read More

MARKET COMMENT: Annuity Market Demise Leads UK Stocks Lower Again

20th Mar 2014 11:03

LONDON (Alliance News) - Stocks indices are lower across the UK and Europe Thursday, reacting badly to the hawkish tone struck by new Federal Reserve Chair Janet Yellen on Wednesday, while UK stocks continue to rebalance on the back of the tax adjustments announced in Wednesday's budget. By Read More

Resolution Says Annuities Market Shake-Up Won't Affect Embedded Value

20th Mar 2014 10:13

LONDON (Alliance News) - Resolution Ltd Thursday joined peers in trying to allay fears caused by Chancellor of the Exchequer George Osborne's annuities shake-up, under which people are to be given greater flexibility and choice in how they manage their pension pots. Shares in UK annuity pro Read More

MARKET COMMENT: Annuity Providers, Betting Firms Hit By UK Budget

19th Mar 2014 17:27

LONDON (Alliance News) - London's blue-chip and mid-cap indexes closed lower Wednesday as annuity providers and betting companies were hard hit by Chancellor of the Exchequer George Osborne's changes to pension rules and a hike to gaming machine duty<br /><br />The FTSE 100 closed down 0.5% at Read More

2ND UPDATE: UK Pensioners Won't Have To Buy Annuities Says Chancellor

19th Mar 2014 16:36

LONDON (Alliance News) - Shares in UK annuity providers plummeted Wednesday after Chancellor of the Exchequer George Osborne did away with compulsory annuities, giving people far more control and flexibility over how they manage their pension pots as they plan for retirement. Legal & Genera Read More

UPDATE: UK Pensioners Won't Have To Buy Annuities Says Chancellor

19th Mar 2014 15:49

LONDON (Alliance News) - Shares in UK annuity providers plummeted Wednesday after Chancellor of the Exchequer George Osborne did away with compulsory annuities, giving people far more control and flexibility over how they manage their pension pots as they plan for retirement. Legal & Genera Read More

UK Pensioners Won't Have To Buy Annuities Says Chancellor

19th Mar 2014 15:20

LONDON (Alliance News) - Shares in UK annuity providers plummeted Wednesday after Chancellor of the Exchequer George Osborne did away with compulsory annuities, giving people far more control over how they manage their pensions as they plan for retirement. Legal & General Group PLC saw its Read More

MARKET COMMENT: Annuity Providers Plummet On Osborne Tax Shake-Up

19th Mar 2014 15:08

LONDON (Alliance News) - The FTSE 100 and FTSE 250 indexes have fallen in the wake of George Osborne's 2014 UK budget, with annuity providers and the traditional betting companies coming under pressure after a shake up of pension rules and a rise in gaming machine duties. The FTSE 100 is do Read More

DIRECTOR DEALINGS: Smith & Nephew Executive Exercises Options, Sells Shares

18th Mar 2014 13:02

LONDON (Alliance News) - Smith & Nephew PLC Tuesday said Chief Legal Officer John Campo exercised options over 50,000 shares at an exercise price of 547 pence per share under the company share plan Monday and sold the shares at 927.5 pence each. Following this transaction, Campo holds 116,3 Read More

UK BROKER RATINGS: SocGen Raises IMI To Buy From Hold

14th Mar 2014 10:08

LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JEFFERIES CUTS G4S PRICE TARGET TO 280 (290) PENCE - 'BUY' <br />----------<br />GOLDMAN RAISES PRUDENTIAL PRICE TARGET TO 1600 Read More

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