Daily Stock Market Report (Wed 11th March 2026) - HBR, FOUR, LGEN, BBY, SUPR, IPF, BOY, FORT, NICL
Good morning!
Leaving it there for now, thank you. Spreadsheet accompanying this report: link.
Companies Reporting
Name (Mkt Cap)RNSSummaryOur view (Author)Legal amp; General (LON:LGEN) (£15bn | SR30)Full Year Results 2025Core Operating Profit up 6% to £1,623m, core EPS up 9% to 20.93p. Profit rose in Institutional Retirement and Retail units and was flat in Asset Management. Dividend lifted 2%, new £1.2bn share buyback launched. 2026 outlook: expect core EPS growth to be at top end of 6%-9% 3yr target range.AMBER ↓ (Roland - I hold)Today’s results have missed consensus expectations, which the company suggests is mainly due to a reappraisal of certain legacy assets whose performance has disappointed. I’d also point to mixed new business performance in some areas, including net outflows from asset management. While I think the 9% dividend yield could represent an attractive entry point for an income investment, I’ve decided to move my view down by one notch to neutral to reflect today’s miss versus expectations and the opacity of this business.Harbour Energy (LON:HBR) (£4.5bn | SR99)Pricing of accelerated placing in Harbour EnergySP -9% to 257pSecondary placing: an entity controlled by EIG Management Company (7.55%...