Friday, 28th November 2014

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Legal & General restructures Assurance Society ahead of chief's exit

Fri 28th Nov 14, 10:26:29

Legal & General (LGR) has unveiled plans to split the savings business of Legal and General Assurance Society in two ahead of the retirement of its chief executive in May next year.

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US pre-open: Indices set for mixed start as energy futures tumble after OPEC decision

Heavy falls from energy majors Exxon and Chevron were set to lead to a subdued start on Wall Street on Friday, as US markets re-open following the Thanksgiving break. 41 minutes ago

Stellar Diamonds falls despite positive dyke update

Stellar Diamonds said the inferred resource for its Tongo Kimberlite Dyke project in Sierra Leone was increased by 35% to 1.4m carats. 2 hours ago

Delay in contract fees sends Escher shares tumbling

A delay to the outstanding licence revenue from a key customer is set to hit the performance of Escher Group it said on Friday, prompting the share price to drop. 2 hours ago

Rolls-Royce's management needs a change in strategy, says Investec

Investec has said that management at engine maker Rolls-Royce should take decisive action to repair investor confidence, which has been "shattered" during 2014. 2 hours ago

Rising costs see KSK Power Ventur slide in first half

Power generation assets developer KSK Power Ventur saw first half operating profit fall due to increased costs. 3 hours ago

Incadea wins Bosch China deal worth $20m

Enterprise software and services provider Incadea has announced the agreement of a $20m contract with Bosch China. 2 hours ago

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