Legal & General Share News (LGEN)

Sustainable Finance Newsletter - Robot overlords to track your flirting

July 3 (Reuters) - Online gaming got us used to seeing videos shown from the first-person point of view and gave rise to the graphic technologies that have come to power many Hollywood blockbusters. Now the gaming world looks set to spread another norm: monitoring audio conversations for offensive language, bullying and other negative content. I can think of various fascinating and chilling scenarios for applying the tech but mostly I wanted to lay out what I heard from the provider of a war game's audio moderation software and how it could be on its way to whichever dating app you use.

There is more in this week's main story below. I've also got links to my report on AI at last week's Morningstar investor conference in Chicago, and a colleague's review of how a court ruling has chilled interest in diversity-focused venture funds.

L&G investment business to sell Glencore stake over thermal coal

June 26 (Reuters) - Legal & General's investment management unit said on Wednesday that it is selling its stake in global commodities trader Glencore this year on concerns over its production of thermal coal.

London close: Stocks finish choppy day in the red

(Sharecast News) - London stocks ended in negative territory on Wednesday, influenced by a downturn in retail sales data for June.

L&G to sell Glencore, TJX stakes over environmental concerns

(Sharecast News) - Legal & General Investment Management (LGIM) said that its environmental, social and governance and some pension funds would divest their stake in commodities miner and trader Glencore due to its thermal coal operations.

LONDON BROKER RATINGS: HSBC cuts L&G; Jefferies upgrades Future

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

LONDON BRIEFING: Phoenix puts SunLife up for sale; AO World profit up

(Alliance News) - London's FTSE 100 is called to open higher on Wednesday, recovering some lost ground after a tentative start to the final week of the quarter.

JPMorgan cuts L&G price target but maintains 'overweight'

(Sharecast News) - JPMorgan Cazenove slashed its price target on Legal & General on Monday to 285p from 330p as it cut its estimates significantly after the company's June capital markets day.

LONDON BROKER RATINGS: Peel Hunt cuts Flutter to 'hold'

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

LONDON BROKER RATINGS: Redburn lifts Paragon Banking to 'buy'

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

LONDON BROKER RATINGS: BoA ups L&G; Deutsche Bank cuts Iomart

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

LONDON BRIEFING: Bellway's planned takeover of Crest gets rejected

(Alliance News) - Stocks in London are called to open higher on Friday, after news that the Bank of Japan is leaving interest rates unchanged.

LONDON BROKER RATINGS: Jefferies raises Great Portland to 'hold'

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

IN BRIEF: Legal & General starts GBP200 million share buyback

Legal & General Group PLC - London-based insurer - Launches on Thursday the GBP200 million share buyback programme it had announced on Wednesday. Contracts Barclays Capital Securities Ltd to conduct the buyback, which is expected to be completed by December 12. The buyback for 2024 was announced as part of a strategy review. L&G will focus on three core divisions to create a "simpler and better-connected business". L&G said it intends to return more to shareholders over 2024 to 2027, through a combination of dividends and buybacks.

London stocks rise as early rate cut bets revive; Fed decision in focus

FTSE 100 jumps 0.8%, FTSE 250 adds 1.1%

*

LONDON MARKET CLOSE: Stocks powered higher by cooler US data

(Alliance News) - European stocks recovered on Wednesday, with a favourable US inflation reading handing equities a boost before the Federal Reserve interest rate decision later.