AMSTERDAM, May 29 (Reuters) - Belgian mail operator Bpost
is to announce on Monday it is to continue takeover
talks with Dutch peer PostNL, with the blessings of
the Belgian government, its majority...
Read more
Monday, May 30, 2016
Sunday, May 29, 2016
Britain's FTSE posts biggest weekly gain since mid-April
LONDON, May 27 (Reuters) - Britain's FTSE 100 ended slightly
firmer on Friday, led higher by Royal Mail, with the
blue-chip index posting its biggest weekly gain for six weeks.
Read more
firmer on Friday, led higher by Royal Mail, with the
blue-chip index posting its biggest weekly gain for six weeks.
Read more
Friday, May 27, 2016
UPDATE 1-Bpost, PostNL shares suspended after postal merger report
BRUSSELS/AMSTERDAM, May 27 (Reuters) - Shares in Belgian and
Dutch mail operators Bpost and PostNL were
suspended on Friday, pending announcements from both companies
after reports of a possible...
Read more
Dutch mail operators Bpost and PostNL were
suspended on Friday, pending announcements from both companies
after reports of a possible...
Read more
UPDATE 2-French insurer AXA sells last UK life and savings business
* AXA to book 400 mln euro loss on three UK sales this year
(Adds Phoenix CEO comments, advisers, background)
Read more
(Adds Phoenix CEO comments, advisers, background)
Read more
Britain's FTSE set for biggest weekly gain since mid-April
LONDON, May 27 (Reuters) - Britain's top share index was set
for its biggest weekly gain for six weeks on Friday, trading
flat and consolidating recent gains after a sharp rally to a
one-month high.
Read more
for its biggest weekly gain for six weeks on Friday, trading
flat and consolidating recent gains after a sharp rally to a
one-month high.
Read more
UPDATE 1-Philips Lighting shines in stock market debut
* Amsterdam attracting a series of new listings
(Updates with quotes after news conference with new CEO)
Read more
(Updates with quotes after news conference with new CEO)
Read more
UPDATE 1-Roche boosted by trial success with blood cancer drug
ZURICH, May 27 (Reuters) - Roche got a big boost on
Friday when a clinical trial testing its new blood cancer drug
Gazyva proved successful, lifting prospects for a new medicine
that will be pivotal...
Read more
Friday when a clinical trial testing its new blood cancer drug
Gazyva proved successful, lifting prospects for a new medicine
that will be pivotal...
Read more
UPDATE 1-ChemChina interested in Germany's SGL Carbon - Manager Magazin
* Shares in SGL jump as much as 14 pct
(Adds SGL spokesman comment, SGL shares, background)
Read more
(Adds SGL spokesman comment, SGL shares, background)
Read more
Thursday, May 26, 2016
UPDATE 1-GameStop's profit forecast misses estimates; shares drop
May 26 (Reuters) - GameStop Corp, the world's
largest retailer of video games, forecast current-quarter profit
below analysts' estimates, sending its shares down 10 percent in
after-hours trading.
Read more
largest retailer of video games, forecast current-quarter profit
below analysts' estimates, sending its shares down 10 percent in
after-hours trading.
Read more
UPDATE 1-Ionis shares plummet as GSK scraps heart drug trial plans
May 26 (Reuters) - Ionis Pharmaceuticals Inc's
shares plunged 40 percent on Thursday, wiping out over $900
million from its market value, after the company said
GlaxoSmithKline Plc had scrapped...
Read more
shares plunged 40 percent on Thursday, wiping out over $900
million from its market value, after the company said
GlaxoSmithKline Plc had scrapped...
Read more
Ionis shares slump 40 pct as GSK scraps heart drug trial plans
May 26 (Reuters) - Ionis Pharmaceuticals Inc's
shares plunged 40 percent on Thursday, wiping out over $900
million from its market value, after the company said
GlaxoSmithKline Plc had scrapped...
Read more
shares plunged 40 percent on Thursday, wiping out over $900
million from its market value, after the company said
GlaxoSmithKline Plc had scrapped...
Read more
WRAPUP 2-Canada's biggest banks braced for more losses from oil loans
TORONTO, May 26 (Reuters) - Canada's biggest banks on
Thursday warned of further losses in coming quarters as energy
companies struggled to repay loans, even as growth in wealth
management and retail...
Read more
Thursday warned of further losses in coming quarters as energy
companies struggled to repay loans, even as growth in wealth
management and retail...
Read more
UPDATE 1-Halkbank shares fall over U.S. case against Turkish-Iranian gold trader
ISTANBUL, May 26 (Reuters) - Shares of Turkey's state-run
Halkbank fell more than 3 percent on Thursday, with
market participants citing fears about the impact of a case U.S.
prosecutors have brought...
Read more
Halkbank fell more than 3 percent on Thursday, with
market participants citing fears about the impact of a case U.S.
prosecutors have brought...
Read more
FTSE steadies at close after climbing to one-month high
LONDON, May 26 (Reuters) - Britain's top share index
steadied at the close on Thursday after reaching a one-month
high, as mining shares rallied along with metals prices to
offset weaker banking and...
Read more
steadied at the close on Thursday after reaching a one-month
high, as mining shares rallied along with metals prices to
offset weaker banking and...
Read more
UPDATE 2-Banco Popular capital hike sparks renewed Spanish bank fears
* Shares in Spanish banks fall after announcement
(Adds details and quotes from the Chairman)
Read more
(Adds details and quotes from the Chairman)
Read more
UPDATE 2-Sears explores options for two businesses; loss widens
May 26 (Reuters) - Sears Holdings Corp on Thursday
said it would seek partnerships or other arrangements to expand
its home-improvement service business and some of its best-known
brands, sending its...
Read more
said it would seek partnerships or other arrangements to expand
its home-improvement service business and some of its best-known
brands, sending its...
Read more
UPDATE 2-Dollar stores' profits top estimates on higher spending
* Dollar General, Dollar Tree shares at record high
(Adds Dollar Tree results, details; updates shares)
Read more
(Adds Dollar Tree results, details; updates shares)
Read more
Pakistan shares end higher; rupee flat, o/n rates rise
KARACHI, Pakistan, May 26 (Reuters) - Pakistan stocks closed
higher on Monday as rising international oil prices buoyed oil
stocks, while bank shares extended losses after the central bank
cut its...
Read more
higher on Monday as rising international oil prices buoyed oil
stocks, while bank shares extended losses after the central bank
cut its...
Read more
UPDATE 1-Apparel retailer Abercrombie's sales fall for 13th straight qtr
May 26 (Reuters) - Teen apparel retailer Abercrombie & Fitch
Co's sales fell for the 13th straight quarter as
customer traffic to its stores dropped, mainly in markets
outside the United States.
Read more
Co's sales fell for the 13th straight quarter as
customer traffic to its stores dropped, mainly in markets
outside the United States.
Read more
Britain's FTSE hits one-month high as commodity stocks rally
LONDON, May 26 (Reuters) - Shares in UK mining and oil & gas
companies rallied on Thursday, tracking gains in commodities
prices, although companies going "ex-div" weighed on the wider
market.
Read more
companies rallied on Thursday, tracking gains in commodities
prices, although companies going "ex-div" weighed on the wider
market.
Read more
Apparel retailer Abercrombie's sales fall for 13th straight qtr
May 26 (Reuters) - Teen apparel retailer Abercrombie & Fitch
Co's quarterly sales fell for the 13th straight quarter
as traffic to its stores dropped, mainly in markets outside the
United States.
Read more
Co's quarterly sales fell for the 13th straight quarter
as traffic to its stores dropped, mainly in markets outside the
United States.
Read more
BUZZ-Daily Mail: worst day in over 10 yrs on FY warning
** Daily Mail and General Trust -c.9%, on track
for worst day since early 2006 & worst performer on Stoxx 600
media index after publisher of the Daily Mail newspaper
cuts FY outlook
Read more
for worst day since early 2006 & worst performer on Stoxx 600
media index after publisher of the Daily Mail newspaper
cuts FY outlook
Read more
Wednesday, May 25, 2016
UPDATE 1-FDA delays decision on Sarepta's muscle-wasting disorder drug
May 25 (Reuters) - The U.S. Food and Drug Administration
deferred its decision on Sarepta Therapeutics Inc's
muscle-wasting disorder drug, a month after a federal advisory
panel determined the...
Read more
deferred its decision on Sarepta Therapeutics Inc's
muscle-wasting disorder drug, a month after a federal advisory
panel determined the...
Read more
Pakistan shares close lower; rupee steady, o/n rates fall
KARACHI, May 25 (Reuters) - Pakistan stocks closed lower on
profit-taking that extended from the previous session, dealers
said.
Read more
profit-taking that extended from the previous session, dealers
said.
Read more
UPDATE 3-HP Enterprise to merge IT services unit with Computer Sciences
May 24 (Reuters) - Hewlett Packard Enterprise Co
said it would spin off and merge its struggling IT services
business with Computer Sciences Corp, allowing the
company to focus on its cloud services...
Read more
said it would spin off and merge its struggling IT services
business with Computer Sciences Corp, allowing the
company to focus on its cloud services...
Read more
BUZZ-Intertek: hits over 1- month low on softer organic growth
** Product testing firm Intertek falls as much as
3.8 pct to its lowest since Apr 19, among the top FTSE 100
fallers
Read more
3.8 pct to its lowest since Apr 19, among the top FTSE 100
fallers
Read more
Tuesday, May 24, 2016
HP Enterprise to merge enterprise unit with Computer Sciences Corp
May 24 (Reuters) - Hewlett Packard Enterprise Co
said on Tuesday it plans to spin off and merge its enterprise
services business with Computer Sciences Corp.
Read more
said on Tuesday it plans to spin off and merge its enterprise
services business with Computer Sciences Corp.
Read more
UPDATE 2-Twitter drops photos, videos from 140-character limit
May 24 (Reuters) - Twitter Inc said on Tuesday that
user names and media attachments such as photos and videos will
no longer count toward the length of a tweet but the
140-character limit will...
Read more
user names and media attachments such as photos and videos will
no longer count toward the length of a tweet but the
140-character limit will...
Read more
Herbalife shares volatile amid conflicting FTC settlement reports
May 24 (Reuters) - Shares of Herbalife Ltd jumped as
much as 8.5 percent amid conflicting reports on whether the
company had reached an agreement in principle with the U.S.
Federal Trade Commission...
Read more
much as 8.5 percent amid conflicting reports on whether the
company had reached an agreement in principle with the U.S.
Federal Trade Commission...
Read more
BRIEF-Telecom Italia falls 3 pct on Metroweb report
* Trader says shares falling on report Enel will be chosen
as buyer of fibre optic group Metroweb
Read more
as buyer of fibre optic group Metroweb
Read more
UPDATE 3-Best Buy forecasts profit below estimates, shares plunge
May 24 (Reuters) - Best Buy Co Inc's earnings beat
expectations on Tuesday and the company registered strong online
sales growth, but a lower-than-expected outlook for
current-quarter profit sent its...
Read more
expectations on Tuesday and the company registered strong online
sales growth, but a lower-than-expected outlook for
current-quarter profit sent its...
Read more
Pakistan shares close lower; rupee stronger, o/n rates flat
KARACHI, May 24 (Reuters) - Pakistan stocks closed lower on
Tuesday on profit-taking as investors cashed in after the index
rose for six straight sessions, dealers said.
Read more
Tuesday on profit-taking as investors cashed in after the index
rose for six straight sessions, dealers said.
Read more
Shares in UniCredit up more than 2 pct ahead of key board meeting
MILAN, May 24 (Reuters) - Shares in UniCredit rose
more than 2 percent in early trade on Tuesday, ahead of a board
meeting expected to formally approve the search for a new chief
executive.
Read more
more than 2 percent in early trade on Tuesday, ahead of a board
meeting expected to formally approve the search for a new chief
executive.
Read more
Britain's FTSE lifted by solid Kingfisher
LONDON, May 24 (Reuters) - Britain's top share index rose on
Tuesday, helped by well-received trading statement from
Kingfisher and a broker upgrade for Imperial Brands.
Read more
Tuesday, helped by well-received trading statement from
Kingfisher and a broker upgrade for Imperial Brands.
Read more
Monday, May 23, 2016
Options traders see make-or-break day for Sarepta Therapeutics
NEW YORK, May 23 (Reuters) - Traders in the options market
are looking for a big move in Sarepta Therapeutics Inc
shares this week when U.S. regulators are due to decide whether
the company can...
Read more
are looking for a big move in Sarepta Therapeutics Inc
shares this week when U.S. regulators are due to decide whether
the company can...
Read more
UPDATE 5-Battle over Redstone's media empire sparks hope for change
May 23 (Reuters) - The legal battle over control of Sumner
Redstone's $40 billion media empire has investors hopeful that
change will come to underperforming Viacom Inc.
Read more
Redstone's $40 billion media empire has investors hopeful that
change will come to underperforming Viacom Inc.
Read more
UPDATE 2-Doubts mount over merger of health insurers Anthem, Cigna
May 23 (Reuters) - Wall Street expressed growing doubts
about a pending $54 billion merger of U.S. health insurers
Anthem Inc and Cigna Corp on Monday as news of
management squabbles added to...
Read more
about a pending $54 billion merger of U.S. health insurers
Anthem Inc and Cigna Corp on Monday as news of
management squabbles added to...
Read more
UPDATE 1-UniCredit set to start search for new CEO
* Capital increase, cuts to international network among
options
(Rewrites first paragraph with sources, Ghizzoni's comments,
board meeting details)
Read more
options
(Rewrites first paragraph with sources, Ghizzoni's comments,
board meeting details)
Read more
Shanda Group reports 11.7 pct stake in LendingClub
May 23 (Reuters) - Affiliates of investment firm Shanda
Group reported an 11.7 percent stake in LendingClub Corp,
sending the shares of the lending platform operator up more than
8 percent in...
Read more
Group reported an 11.7 percent stake in LendingClub Corp,
sending the shares of the lending platform operator up more than
8 percent in...
Read more
UPDATE 1-Shanda Group reports 11.7 pct stake in LendingClub
May 23 (Reuters) - Affiliates of Singapore-based private
investment firm Shanda Group reported an 11.7 percent stake,
including call options, in LendingClub Corp, sending
shares of the lending...
Read more
investment firm Shanda Group reported an 11.7 percent stake,
including call options, in LendingClub Corp, sending
shares of the lending...
Read more
Pakistan shares end slightly higher; rupee weakens, o/n rates fall
KARACHI, May 23 (Reuters) - Pakistan stocks closed
marginally higher on Monday, with banks taking a hit after the
central bank cut interest rates over the weekend, and energy
stocks drop following...
Read more
marginally higher on Monday, with banks taking a hit after the
central bank cut interest rates over the weekend, and energy
stocks drop following...
Read more
UPDATE 5-Bayer defies critics with $62 billion Monsanto offer
* Bayer shares fall as much as 3.6 pct to 2-1/2 year low
(Adds more CEO, analyst comments, background)
Read more
(Adds more CEO, analyst comments, background)
Read more
Britain's FTSE edges lower as commodities stocks slip
LONDON, May 23 (Reuters) - Britain's top share index edged
lower on Monday, with a drop in the prices of crude oil and
industrial metals putting pressure on commodities-related
stocks.
Read more
lower on Monday, with a drop in the prices of crude oil and
industrial metals putting pressure on commodities-related
stocks.
Read more
UPDATE 3-Bayer offers to buy Monsanto for $62 billion
* Bayer shares fall as much as 3.6 pct to 2-1/2 year low
(Adds CEO, fund manager and analyst comments, context, shares)
Read more
(Adds CEO, fund manager and analyst comments, context, shares)
Read more
UniCredit investors edgy as they wait to hear fate of CEO
MILAN, May 23 (Reuters) - Shares in UniCredit
initially fell more than 2 percent on Monday before recovering
on the eve of a board meeting that is expected to discuss the
fate of the Italian bank's...
Read more
initially fell more than 2 percent on Monday before recovering
on the eve of a board meeting that is expected to discuss the
fate of the Italian bank's...
Read more
UPDATE 1-Fiat Chrysler shares fall on report of German sales ban threat
MILAN, May 23 (Reuters) - Shares in Fiat Chrysler
fell more than 5 percent on Monday after Germany's Bild
newspaper reported that the carmaker could be prohibited from
selling cars in Germany if...
Read more
fell more than 5 percent on Monday after Germany's Bild
newspaper reported that the carmaker could be prohibited from
selling cars in Germany if...
Read more
BUZZ-Burberry: falls as Deutsche Bank cuts target
** Burberry falls 1 pct, one of the top FTSE 100
faller as Deutsche Bank cuts PT to 1250p from 1350p,
rating "hold"
Read more
faller as Deutsche Bank cuts PT to 1250p from 1350p,
rating "hold"
Read more
UPDATE 2-China's FGC to buy Germany's Aixtron for 670 mln euros
* Aixtron shares jump 15 pct to five-month high
(Adds analyst comment, background, advisers)
Read more
(Adds analyst comment, background, advisers)
Read more
Sunday, May 22, 2016
Fujian Grand Chip Investment to offer 670 mln euros for Aixtron
FRANKFURT, May 23 (Reuters) - China's Fujian Grand Chip
Investment Fund LP said on Monday it planned to offer 6 euros
per share to buy Aixtron, valuing the German
semiconductor equipment maker at...
Read more
Investment Fund LP said on Monday it planned to offer 6 euros
per share to buy Aixtron, valuing the German
semiconductor equipment maker at...
Read more
Friday, May 20, 2016
Little for U.S. stock investors to cheer on anniversary of S&P record high
By Lewis Krauskopf
NEW YORK, May 20 (Reuters) - A year ago the U.S. stock
market minted new all-time highs, but you could excuse investors
for not celebrating the anniversary.
The benchmark...
Read more
NEW YORK, May 20 (Reuters) - A year ago the U.S. stock
market minted new all-time highs, but you could excuse investors
for not celebrating the anniversary.
The benchmark...
Read more
UPDATE 2-Bayer's Monsanto approach sparks shareholder uproar
* Investors, analysts question size, financing of deal
(Adds Bayer comment, analyst comment on healthcare unit)
Read more
(Adds Bayer comment, analyst comment on healthcare unit)
Read more
UPDATE 1-UniCredit lifted by possibility of asset sales boosting capital
* Extraordinary board meeting called on May 24-sources
(Adds details on payments unit, board meeting)
Read more
(Adds details on payments unit, board meeting)
Read more
UPDATE 3-Deere posts lower quarterly results, cuts profit outlook
May 20 (Reuters) - Deere & Co cut its profit outlook
again and reported a decline in quarterly earnings on Friday as
a global farm recession and weak construction equipment markets
led to lower sales...
Read more
again and reported a decline in quarterly earnings on Friday as
a global farm recession and weak construction equipment markets
led to lower sales...
Read more
Pakistan shares close higher; rupee weaker, o/n rates fall
KARACHI, May 20 (Reuters) - Pakistan stocks inched up on
Friday after profit-taking pulled down shares in the second half
of the session, but extended gains from Thursday to close 1.6
percent higher...
Read more
Friday after profit-taking pulled down shares in the second half
of the session, but extended gains from Thursday to close 1.6
percent higher...
Read more
UniCredit lifted by possibility of asset sales boosting capital
MILAN, May 20 (Reuters) - UniCredit shares rose on
Friday on expectations of the Italian bank selling stakes it
holds in other banks to shore up its capital, reducing the need
to issue new shares.
Read more
Friday on expectations of the Italian bank selling stakes it
holds in other banks to shore up its capital, reducing the need
to issue new shares.
Read more
BUZZ-Ladbrokes: hits 2-month high on regulator's merger review
** British bookmaker Ladbrokes jumps as much as 12
pct to its highest since March 2, top FTSE midcap gainer
Read more
pct to its highest since March 2, top FTSE midcap gainer
Read more
REFILE-Britain's FTSE led higher by Coca-Cola HBC and miners
LONDON, May 20 (Reuters) - UK shares rose on Friday, set for
their biggest daily gain in more than a month after a rise in
bottling company Coca-Cola HBC and a rally in mining
stocks.
Read more
their biggest daily gain in more than a month after a rise in
bottling company Coca-Cola HBC and a rally in mining
stocks.
Read more
BUZZ-Spectris: hits 3-month low on softer Q1
** Electrical engineering company Spectris down as
much as 7 pct to its lowest since Feb 16 after a
softer-than-expected Q1
Read more
much as 7 pct to its lowest since Feb 16 after a
softer-than-expected Q1
Read more
UPDATE 1-Gap to close 75 Old Navy, Banana Republic stores outside N.America
May 19 (Reuters) - Gap Inc said it would shut 75 Old
Navy and Banana Republic stores overseas markets, as the
struggling apparel retailer focuses on its North American market
to revive its fortunes.
Read more
Navy and Banana Republic stores overseas markets, as the
struggling apparel retailer focuses on its North American market
to revive its fortunes.
Read more
Thursday, May 19, 2016
Gap to close 75 Old Navy, Banana Republic stores globally
May 19 (Reuters) - Apparel retailer Gap Inc said on
Thursday it would shut 75 Old Navy and Banana Republic stores
globally as the retailer tries to recover from five straight
quarters of falling...
Read more
Thursday it would shut 75 Old Navy and Banana Republic stores
globally as the retailer tries to recover from five straight
quarters of falling...
Read more
American Eagle's Aerie makes a splash as Victoria's Secret falters
May 19 (Reuters) - American Eagle Outfitters Inc's
lingerie and swimwear brand Aerie is the toast of the season as
it quietly takes away the spotlight from runway favorite
Victoria's Secret.
Read more
lingerie and swimwear brand Aerie is the toast of the season as
it quietly takes away the spotlight from runway favorite
Victoria's Secret.
Read more
Britain's FTSE falls as travel stocks suffer
* Prospect of U.S. Fed rate hike puts pressure on
commodities
(ADVISORY- Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon - see...
Read more
commodities
(ADVISORY- Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon - see...
Read more
UPDATE 1-Tonix shares soar as PTSD drug shows promise in study
May 19 (Reuters) - Tonix Pharmaceuticals Holding Corp
said a higher dose of its experimental drug for
post-traumatic stress disorder (PTSD) helped control symptoms in
patients, sending its shares...
Read more
said a higher dose of its experimental drug for
post-traumatic stress disorder (PTSD) helped control symptoms in
patients, sending its shares...
Read more
UPDATE 1-PE firm Cinven considering bid for Restaurant Group - Sky News
May 19 (Reuters) - Private equity firm Cinven is
considering a bid for Restaurant Group Plc, the owner of
Mexican food chains Chiquito and Joe's Kitchen, Sky News
reported on Thursday.
Read more
considering a bid for Restaurant Group Plc, the owner of
Mexican food chains Chiquito and Joe's Kitchen, Sky News
reported on Thursday.
Read more
Pakistan shares hit record high; rupee weakens, o/n rates rise
KARACHI, May 19 (Reuters) - Pakistan stocks closed at a
record high on Thursday, helped by good foreign investor
inflows, dealers said.
Read more
record high on Thursday, helped by good foreign investor
inflows, dealers said.
Read more
Britain's FTSE falls as travel stocks suffer
* Prospect of U.S. Fed rate hike puts pressure on miners
(ADVISORY- Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon - see...
Read more
(ADVISORY- Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon - see...
Read more
UPDATE 1-Wal-Mart profit beats expectations; stock jumps
May 19 (Reuters) - Wal-Mart Stores Inc on Thursday
reported a higher-than-expected quarterly profit as sales in the
U.S. market rose, sending the retailer's shares up nearly 10
percent.
Read more
reported a higher-than-expected quarterly profit as sales in the
U.S. market rose, sending the retailer's shares up nearly 10
percent.
Read more
U.S. bank stocks rally on hawkish Fed
NEW YORK, May 18 (Reuters) - Bank stocks were the standout
winners on Wednesday from the Federal Reserve's unexpectedly
firm signal that its next rate hike could be just weeks away, a
prospect that...
Read more
winners on Wednesday from the Federal Reserve's unexpectedly
firm signal that its next rate hike could be just weeks away, a
prospect that...
Read more
Wednesday, May 18, 2016
American Eagle's sales top estimates on strong demand
May 18 (Reuters) - Teen apparel retailer American Eagle
Outfitters Inc reported a higher-than-expected rise in
quarterly sales and profit as demand for its brands remained
resilient in a grim retail...
Read more
Outfitters Inc reported a higher-than-expected rise in
quarterly sales and profit as demand for its brands remained
resilient in a grim retail...
Read more
UPDATE 3-Target shares plunge after sales miss estimates
CHICAGO, May 18 (Reuters) - Target Corp gave a
cautious outlook on Wednesday after reporting a
lower-than-expected increase in quarterly sales at established
stores because of unseasonable weather...
Read more
cautious outlook on Wednesday after reporting a
lower-than-expected increase in quarterly sales at established
stores because of unseasonable weather...
Read more
CORRECTED-UPDATE 2-Lowe's sales beat estimates as housing market strengthens
May 18 (Reuters) - Home improvement chain Lowe's Cos Inc
followed larger rival Home Depot Inc in reporting
better-than-expected quarterly sales as strength in the U.S.
housing market and favorable...
Read more
followed larger rival Home Depot Inc in reporting
better-than-expected quarterly sales as strength in the U.S.
housing market and favorable...
Read more
Britain's FTSE retreats from 2-week high, miners weigh
LONDON, May 18 (Reuters) - Britain's top share index slipped
from a two-week high on Wednesday, with luxury firm Burberry
falling after a slump in its profits, and miners
tracking weaker metals...
Read more
from a two-week high on Wednesday, with luxury firm Burberry
falling after a slump in its profits, and miners
tracking weaker metals...
Read more
UBS raises 2016 growth forecasts for Germany, France and Spain
LONDON, May 18 (Reuters) - Swiss bank UBS raised on
Wednesday its growth forecasts for Germany, France and Spain for
the current year, but lowered its expectations for Italy.
Read more
Wednesday its growth forecasts for Germany, France and Spain for
the current year, but lowered its expectations for Italy.
Read more
Tuesday, May 17, 2016
Britain's FTSE reaches two-week high as Taylor Wimpey surges
* DCC rises after results
(ADVISORY- Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets
for...
Read more
(ADVISORY- Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets
for...
Read more
Britain's FTSE reaches two-week high as Taylor Wimpey surges
* DCC rises after results
(ADVISORY- Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets
for...
Read more
(ADVISORY- Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets
for...
Read more
Pakistan shares edge higher; rupee stronger, o/n rates flat
KARACHI, May 17 (Reuters) - Pakistani stocks edged higher in
volatile trade on Tuesday, led by a rise in global oil prices,
dealers said.
Read more
volatile trade on Tuesday, led by a rise in global oil prices,
dealers said.
Read more
Britain's FTSE reaches 2-week high as Taylor Wimpey surges
LONDON, May 17 (Reuters) - Britain's top equity index rose
to a two-week high on Tuesday, lifted by gains in major mining
stocks while housebuilder Taylor Wimpey also surged after
announcing a...
Read more
to a two-week high on Tuesday, lifted by gains in major mining
stocks while housebuilder Taylor Wimpey also surged after
announcing a...
Read more
Monday, May 16, 2016
Lending Club received subpoena from U.S. Justice Dept after CEO exit
May 16 (Reuters) - Lending Club Corp said on Monday
it received a subpoena from the U.S. Department of Justice last
week following the resignation of Chief Executive Renaud
Laplanche.
Read more
it received a subpoena from the U.S. Department of Justice last
week following the resignation of Chief Executive Renaud
Laplanche.
Read more
UPDATE 3-Buffett's Berkshire invested $1 billion in Apple
May 16 (Reuters) - Warren Buffett's Berkshire Hathaway Inc
revealed a more than $1 billion stake in Apple Inc
, a rare foray into the technology sector that the
billionaire has largely shunned,...
Read more
revealed a more than $1 billion stake in Apple Inc
, a rare foray into the technology sector that the
billionaire has largely shunned,...
Read more
Britain's FTSE finishes higher on stronger miners
LONDON, May 16 (Reuters) - Britain's top share index ended
higher on Monday, with a rally in basic resources stocks on the
back of stronger metals prices supporting the broader equities
market.
Read more
higher on Monday, with a rally in basic resources stocks on the
back of stronger metals prices supporting the broader equities
market.
Read more
Pakistan shares end steady; rupee weaker, o/n rates flat
KARACHI, May 16 (Reuters) - Stocks in Pakistan were nearly
unchanged in thin trade on Monday as the ongoing political
crisis in the Panama Papers leak hurt investor sentiment,
dealers said.
Read more
unchanged in thin trade on Monday as the ongoing political
crisis in the Panama Papers leak hurt investor sentiment,
dealers said.
Read more
Aduro's pancreatic cancer drug fails in mid-stage study
May 16 (Reuters) - Aduro Biotech Inc said its
pancreatic cancer drug did not improve overall survival in
patients who did not show improvement after at least two prior
therapies, in a mid-stage study.
Read more
pancreatic cancer drug did not improve overall survival in
patients who did not show improvement after at least two prior
therapies, in a mid-stage study.
Read more
Britain's FTSE slips, Brexit worries weigh on British Land Company
LONDON, May 16 (Reuters) - UK shares slipped on Monday as
concerns surrounding Britain's European Union referendum weighed
on British Land Company, though a rise in mining stocks
helped to offset...
Read more
concerns surrounding Britain's European Union referendum weighed
on British Land Company, though a rise in mining stocks
helped to offset...
Read more
UPDATE 1-Konecranes to buy Terex unit, full merger scrapped
HELSINKI, May 16 (Reuters) - Finnish crane maker Konecranes
is buying Terex Corp's Material Handling &
Port Solutions (MHPS) unit for 1.13 billion euros ($1.27
billion), in a move that cancels a...
Read more
is buying Terex Corp's Material Handling &
Port Solutions (MHPS) unit for 1.13 billion euros ($1.27
billion), in a move that cancels a...
Read more
Friday, May 13, 2016
Pakistan shares close higher; rupee strengthens, o/n rates fall
KARACHI, May 13 (Reuters) - Pakistan stocks closed higher on
Friday, posting their eight session of gains in nine, in
cautious trade after the country's Supreme Court refused to
probe the Panama...
Read more
Friday, posting their eight session of gains in nine, in
cautious trade after the country's Supreme Court refused to
probe the Panama...
Read more
Britain's FTSE gains limited by Inmarsat, Coca-Cola HBC
* Coca-Cola HBC falls after forex hits revenues
(Recasts, adds detail and quote, updates prices)
Read more
(Recasts, adds detail and quote, updates prices)
Read more
UPDATE 1-Exco Resources evaluating restructuring and other options
May 13 (Reuters) - Oil and gas producer Exco Resources Inc
said on Friday it formed a special committee to evaluate
strategic alternatives, including in-court or out-of-court
restructuring.
Read more
said on Friday it formed a special committee to evaluate
strategic alternatives, including in-court or out-of-court
restructuring.
Read more
Britain's FTSE set for fourth straight weekly loss
LONDON, May 13 (Reuters) - Britain's top share index fell on
Friday and was set for its fourth straight weekly loss, with
Inmarsat the top faller on concerns about the outlook
for satellite stocks.
Read more
Friday and was set for its fourth straight weekly loss, with
Inmarsat the top faller on concerns about the outlook
for satellite stocks.
Read more
CORRECTED-BUZZ-Inmarsat: falls on negative read-through from Eutelsat
** Taken from Fri's low, Inmarsat has lost c.780 mln stg of
its market cap since May 4, day before it cut FY revs guidance,
citing tough trading environment & weakening demand
Read more
its market cap since May 4, day before it cut FY revs guidance,
citing tough trading environment & weakening demand
Read more
Thursday, May 12, 2016
UPDATE 2-Shake Shack results beat estimates, raises forecast
May 12 (Reuters) - Shake Shack Inc, known for its
juicy antibiotic-free hamburgers and frozen custard shakes, on
Thursday reported results that topped expectations and raised
its same-restaurant...
Read more
juicy antibiotic-free hamburgers and frozen custard shakes, on
Thursday reported results that topped expectations and raised
its same-restaurant...
Read more
UPDATE 1-Nordstrom's comparable store sales fall; shares tumble
May 12 (Reuters) - Department store operator Nordstrom Inc
reported a drop in first-quarter sales at established
stores and slashed profit expectations for the year, adding to
the gloom in the...
Read more
reported a drop in first-quarter sales at established
stores and slashed profit expectations for the year, adding to
the gloom in the...
Read more
FTSE slips on ex-div firms, mining worries
LONDON, May 12 (Reuters) - Britain's top share index fell on
Thursday in choppy trade, pulled lower by declines among mining
companies and major firms trading without the attraction of
their latest...
Read more
Thursday in choppy trade, pulled lower by declines among mining
companies and major firms trading without the attraction of
their latest...
Read more
UPDATE 1-Hunting sees 30-40 pct fall in full-year revenue on oil slump
May 12 (Reuters) - Oilfield services company Hunting Plc
said it expects revenue for the year to fall between
30-40 percent due to the slump in oil prices.
Read more
said it expects revenue for the year to fall between
30-40 percent due to the slump in oil prices.
Read more
UPDATE 2-India's Dr Reddy's sees more challenges in U.S. business
* Working on resolving FDA concerns on plants
(Adds Chief Operating Officer comments from interview)
Read more
(Adds Chief Operating Officer comments from interview)
Read more
UPDATE 2-Germany's Bayer considering bid for Monsanto - Bloomberg
May 12 (Reuters) - Germany's Bayer AG is
exploring a bid for U.S. seed company Monsanto Co,
Bloomberg reported, citing people familiar with the matter.
Read more
exploring a bid for U.S. seed company Monsanto Co,
Bloomberg reported, citing people familiar with the matter.
Read more
Pakistan shares close lower; rupee weakens, o/n rates rise
KARACHI, May 12 (Reuters) - Pakistan stocks fell on Thursday
on foreign investor selling and as some investors booked profit
after seven straight sessions of gains, dealers said.
Read more
on foreign investor selling and as some investors booked profit
after seven straight sessions of gains, dealers said.
Read more
Germany's Bayer mulling bid for Monsanto - Bloomberg
May 12 (Reuters) - Germany's Bayer AG is
exploring a bid for seed company Monsanto Co, Bloomberg
reported.
Read more
exploring a bid for seed company Monsanto Co, Bloomberg
reported.
Read more
UPDATE 2-DIA sees return to Spanish sales growth next quarter
* Shares jump more than 8 percent
(Recasts on sales forecast, adds analyst call and share price)
Read more
(Recasts on sales forecast, adds analyst call and share price)
Read more
UPDATE 1-Kohl's reports surprise fall in same-store sales
May 12 (Reuters) - Department store operator Kohl's Corp
reported a surprise drop in comparable sales and the
first drop in net sales in six quarters as unseasonably cool
weather hurt sales of...
Read more
reported a surprise drop in comparable sales and the
first drop in net sales in six quarters as unseasonably cool
weather hurt sales of...
Read more
SuperGroup co-founder to quit firm
LONDON, May 12 (Reuters) - SuperGroup, the British
company behind the Superdry fashion brand, said on Thursday its
co-founder, brand and design director James Holder, is to quit
the retailer.
Read more
company behind the Superdry fashion brand, said on Thursday its
co-founder, brand and design director James Holder, is to quit
the retailer.
Read more
FTSE falls as major firms trade ex-divs, ITV slips after results
LONDON, May 12 (Reuters) - Britain's top share index fell on
Thursday, with companies such as Centrica, Sainsbury's
, GlaxoSmithKline and Morrisons falling
sharply after trading without the...
Read more
Thursday, with companies such as Centrica, Sainsbury's
, GlaxoSmithKline and Morrisons falling
sharply after trading without the...
Read more
Dutch offshore engineer Sif gains on first day of trading
AMSTERDAM, May 12 (Reuters) - Shares in Dutch offshore
energy engineer Sif Group rose on their first day of
trading in a sign that investors are attracted to a company that
stands to benefit from...
Read more
energy engineer Sif Group rose on their first day of
trading in a sign that investors are attracted to a company that
stands to benefit from...
Read more
Wednesday, May 11, 2016
HK online game developer Boyaa says chairman under investigation
HONG KONG, May 12 (Reuters) - Online game developer Boyaa
Interactive International Ltd said its chairman is
being investigated by judicial authorities in China, although
details of the probe were...
Read more
Interactive International Ltd said its chairman is
being investigated by judicial authorities in China, although
details of the probe were...
Read more
UPDATE 1-Macy's forecast helps trigger sell-off in U.S. retailers
NEW YORK, May 11 (Reuters) - Investors heavily discounted
U.S. retailers on Wednesday after a series of disappointments in
the sector, including a weak forecast from Macy's Inc.
Read more
U.S. retailers on Wednesday after a series of disappointments in
the sector, including a weak forecast from Macy's Inc.
Read more
Mitsubishi Motors shares untraded, indicated 16 pct higher at daily limit
TOKYO, May 12 (Reuters) - Shares of Mitsubishi Motors Corp
were untraded with a glut of buy orders on Thursday
morning, with the price indicated at the daily limit after the
automaker and Nissan...
Read more
were untraded with a glut of buy orders on Thursday
morning, with the price indicated at the daily limit after the
automaker and Nissan...
Read more
Macy's forecast drives sell-off in U.S. retailer shares
NEW YORK, May 11 (Reuters) - Investors heavily discounted
U.S. retailers on Wednesday after a series of disappointments in
the sector, including a weak forecast from Macy's Inc.
Read more
U.S. retailers on Wednesday after a series of disappointments in
the sector, including a weak forecast from Macy's Inc.
Read more
Britain's FTSE outperforms Europe, helped by commodity strength
* Experian falls after update
(ADVISORY - Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets
...
Read more
(ADVISORY - Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets
...
Read more
Pakistan shares little changed; rupee, o/n rates flat
KARACHI, May 11 (Reuters) - Pakistan stocks ended little
changed on Wednesday, amid political uncertainty ahead of the
prime minister's speech in parliament on the Panama Papers leak
that linked his...
Read more
changed on Wednesday, amid political uncertainty ahead of the
prime minister's speech in parliament on the Panama Papers leak
that linked his...
Read more
Britain's FTSE outperforms Europe, helped by mining sector strength
* Experian falls after update
(ADVISORY - Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets
...
Read more
(ADVISORY - Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets
...
Read more
Fossil's forecast points to tough times ahead; shares tank
May 11 (Reuters) - Shares of Fossil Group Inc
plunged 32 percent premarket on Wednesday and were set to open
at a 6-1/2-year low after the watch maker slashed its full-year
forecast.
Read more
plunged 32 percent premarket on Wednesday and were set to open
at a 6-1/2-year low after the watch maker slashed its full-year
forecast.
Read more
UPDATE 1-Macy's sales fall as apparel demand, tourist spend stay weak
May 11 (Reuters) - Department store operator Macy's Inc
reported its fifth straight drop in quarterly sales,
missing analysts' estimates, as customers cut back on buying
apparel and a strong dollar...
Read more
reported its fifth straight drop in quarterly sales,
missing analysts' estimates, as customers cut back on buying
apparel and a strong dollar...
Read more
Britain's FTSE steady, mining stocks advance
LONDON, May 11 (Reuters) - Britain's leading share index was
steady on Wednesday, with a rebound in the mining sector on the
back of stronger metals prices offsetting weakness in other
stocks...
Read more
steady on Wednesday, with a rebound in the mining sector on the
back of stronger metals prices offsetting weakness in other
stocks...
Read more
BUZZ-Compass: robust US demand boosts shares
** Compass, the world's biggest caterer, hits over
2-week high on stronger Q2, reiterates full-year outlook
Read more
2-week high on stronger Q2, reiterates full-year outlook
Read more
UPDATE 1-Banco Popolare's shares drop after first quarter writedowns
MILAN, May 11 (Reuters) - Shares in Banco Popolare
fell sharply on Wednesday after the Italian bank reported last
night a surprise first quarter loss due to loan writedowns.
Read more
fell sharply on Wednesday after the Italian bank reported last
night a surprise first quarter loss due to loan writedowns.
Read more
Tuesday, May 10, 2016
UPDATE 1-Treasury says small business needs more online lending protections
NEW YORK, May 10 (Reuters) - The U.S. Treasury Department on
Tuesday called for greater protections for small businesses that
borrow, but stopped short of suggesting other new regulations
for an...
Read more
Tuesday called for greater protections for small businesses that
borrow, but stopped short of suggesting other new regulations
for an...
Read more
Solar shares sell off after SolarCity forecast
NEW YORK, May 10 (Reuters) - After their hot rally at the
end of last year, shares of solar energy firms have turned ice
cold as concerns about slower growth and regulatory
uncertainties plague the...
Read more
end of last year, shares of solar energy firms have turned ice
cold as concerns about slower growth and regulatory
uncertainties plague the...
Read more
CORRECTED-UPDATE 3-Nokia stock falls 7 pct after vague long-term profit outlook
HELSINKI/FRANKFURT, May 10 (Reuters) - Nokia's
sales of network traffic equipment fell more than expected in
the first quarter and will decline this year, the Finnish
company said, as buyers hold...
Read more
sales of network traffic equipment fell more than expected in
the first quarter and will decline this year, the Finnish
company said, as buyers hold...
Read more
Treasury says small business needs more online lending protections
NEW YORK, May 10 (Reuters) - The U.S. Treasury Department on
Tuesday called for greater protections for small businesses that
borrow, but stopped short of suggesting other new regulations
for an...
Read more
Tuesday called for greater protections for small businesses that
borrow, but stopped short of suggesting other new regulations
for an...
Read more
Britain's FTSE 100 lifted by easyJet and Capita gains
* EasyJet boosted by dividend pledge and outlook
(ADVISORY- Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon - see...
Read more
(ADVISORY- Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon - see...
Read more
Stronger Capita and easyJet lift Britain's FTSE 100
LONDON, May 10 (Reuters) - Britain's leading stock index
rose on Tuesday, lifted by gains for shares in budget airline
easyJet and support services group Capita.
Read more
rose on Tuesday, lifted by gains for shares in budget airline
easyJet and support services group Capita.
Read more
UPDATE 2-Premium brands help cushion weak sales for Hindustan Unilever
* Exploring price increases as raw material costs go up -
CFO
(Recasts; adds CFO quote and share move)
Read more
CFO
(Recasts; adds CFO quote and share move)
Read more
BUZZ-Capita: top FTSE gainer on reassuring update
** British outsourcing group Capita +c.4%, top of
FTSE 100 index & on track for its best day in over a yr
Read more
FTSE 100 index & on track for its best day in over a yr
Read more
Monday, May 9, 2016
UPDATE 1-NewLink's pancreatic cancer therapy fails late-stage study
May 9 (Reuters) - NewLink Genetics Corp said on
Monday its experimental pancreatic cancer immunotherapy did not
meet the main goal in a late-stage study, sending its shares
tumbling 36 percent in...
Read more
Monday its experimental pancreatic cancer immunotherapy did not
meet the main goal in a late-stage study, sending its shares
tumbling 36 percent in...
Read more
UPDATE 1-Weak demand for Banana Republic, Old Navy weighs on Gap's results
May 9 (Reuters) - Apparel retailer Gap Inc reported
lower-than-expected quarterly sales at established stores, hurt
by weak demand for its Banana Republic and Old Navy brands.
Read more
lower-than-expected quarterly sales at established stores, hurt
by weak demand for its Banana Republic and Old Navy brands.
Read more
Apparel retailer Gap's quarterly sales fall 6 percent
May 9 (Reuters) - Apparel retailer Gap Inc reported
a 6 percent fall in quarterly sales, hurt by weak demand for its
Banana Republic and Old Navy brands.
Read more
a 6 percent fall in quarterly sales, hurt by weak demand for its
Banana Republic and Old Navy brands.
Read more
UPDATE 3-Redstone competence trial ends as judge tosses lawsuit
LOS ANGELES, May 9 (Reuters) - A trial over Sumner
Redstone's mental competence abruptly ended on Monday when a
California judge threw out a lawsuit brought by the
92-year-old's former girlfriend,...
Read more
Redstone's mental competence abruptly ended on Monday when a
California judge threw out a lawsuit brought by the
92-year-old's former girlfriend,...
Read more
Britain's FTSE ends lower as mining stocks slump
LONDON, May 9 (Reuters) - Britain's top share index closed
lower on Monday, extending its biggest weekly drop since
February, as a slump in mining stocks outweighed a rally in
travel and leisure...
Read more
lower on Monday, extending its biggest weekly drop since
February, as a slump in mining stocks outweighed a rally in
travel and leisure...
Read more
UPDATE 2-Lending Club CEO resigns after internal probe, shares plummet
May 9 (Reuters) - Online lending platform Lending Club Corp
said CEO Renaud Laplanche had resigned after an internal
probe found that $22 million of near-prime loans were sold to an
investor on...
Read more
said CEO Renaud Laplanche had resigned after an internal
probe found that $22 million of near-prime loans were sold to an
investor on...
Read more
Saturday, May 7, 2016
Pakistan shares edged up; rupee stronger, o/n overnight rates fall
KARACHI, May 6 (Reuters) - Pakistan shares closed marginally
higher on Friday, paring early gains as investors chose to book
profits after the stock index hit its highest level in nearly
nine months.
Read more
higher on Friday, paring early gains as investors chose to book
profits after the stock index hit its highest level in nearly
nine months.
Read more
Weaker commodities stocks push FTSE to 8-week low
LONDON, May 6 (Reuters) - Britain's top share index dropped
to an eight-week low on Friday, with satellite firm Inmarsat
slipping on a raft of broker downgrades and
commodities-related stocks...
Read more
to an eight-week low on Friday, with satellite firm Inmarsat
slipping on a raft of broker downgrades and
commodities-related stocks...
Read more
Thursday, May 5, 2016
Britain's FTSE steadies near 1-month low; Centrica slumps
LONDON, May 5 (Reuters) - Britain's top share index steadied
near a one-month low on Thursday, as gains in companies like BT
and RSA offset declines by companies such as
Centrica and Inmarsat after...
Read more
near a one-month low on Thursday, as gains in companies like BT
and RSA offset declines by companies such as
Centrica and Inmarsat after...
Read more
FTSE steadies near one-month low; Centrica slumps
LONDON, May 5 (Reuters) - Britain's top share index steadied
near a one-month low on Thursday, as gains in companies like BT
and RSA offset declines by companies such as
Centrica and Inmarsat after...
Read more
near a one-month low on Thursday, as gains in companies like BT
and RSA offset declines by companies such as
Centrica and Inmarsat after...
Read more
UPDATE 1-Finmeccanica lifts orders, cash guidance on Eurofighter deal
MILAN, May 5 (Reuters) - Italian aerospace and defence group
Finmeccanica raised its 2016 forecasts for orders and cash flow
on Thursday, helped by a multi-billion-euro Eurofighter
contract, but its...
Read more
Finmeccanica raised its 2016 forecasts for orders and cash flow
on Thursday, helped by a multi-billion-euro Eurofighter
contract, but its...
Read more
RPT-UPDATE 2-Merck sales disappoint as Januvia, Remicade fall short
May 5 (Reuters) - Merck & Co Inc on Thursday
reported lower-than-expected quarterly revenue, hurt by
disappointing sales of its Januvia diabetes treatment and
Remicade arthritis drug.
Read more
reported lower-than-expected quarterly revenue, hurt by
disappointing sales of its Januvia diabetes treatment and
Remicade arthritis drug.
Read more
Pakistan shares end higher; rupee stronger, o/n overnight rates rise
KARACHI, May 5 (Reuters) - Pakistan stocks rose for a third
straight session on Thursday to hit their highest level in
nearly nine months, on continued hopes that the country would
soon be upgraded...
Read more
straight session on Thursday to hit their highest level in
nearly nine months, on continued hopes that the country would
soon be upgraded...
Read more
EDP sees sound medium-term profit rise, stocks jump
LISBON, May 5 (Reuters) - EDP-Energias de Portugal
expects its net profit to grow by 4 percent a year through 2020
thanks to capacity additions at its wind energy division and a
gentle market...
Read more
expects its net profit to grow by 4 percent a year through 2020
thanks to capacity additions at its wind energy division and a
gentle market...
Read more
Flurry of strong earnings boosts Britain's FTSE
LONDON, May 5 (Reuters) - Britain's top share index rose on
Thursday as investors favoured telecom firm BT, insurer
RSA and grocer WM Morrison after strong results.
Read more
Thursday as investors favoured telecom firm BT, insurer
RSA and grocer WM Morrison after strong results.
Read more
BUZZ-Centrica: bottom of Stoxx on equity issuance
** Utility group Centrica -c.7%, top loser on Stoxx
600 & on track for worst day in >1 yr on surprise
equity issuance
Read more
600 & on track for worst day in >1 yr on surprise
equity issuance
Read more
Wednesday, May 4, 2016
Pakistan shares end higher; rupee stronger, o/n overnight rates fall
KARACHI, May 4 (Reuters) - Pakistan stocks rose for a second
straight session on Wednesday to hit their highest level in
eight-and-a-half months, on expectations the country's stock
market would soon...
Read more
straight session on Wednesday to hit their highest level in
eight-and-a-half months, on expectations the country's stock
market would soon...
Read more
UPDATE 1-Lower costs, demand for sauces drive Kraft Heinz profit beat
May 4 (Reuters) - Kraft Heinz Co, the maker of Kraft
cheese, Heinz ketchup and Jell-O, reported a
better-than-expected quarterly profit as demand for its
condiments and sauces rose and costs fell.
Read more
cheese, Heinz ketchup and Jell-O, reported a
better-than-expected quarterly profit as demand for its
condiments and sauces rose and costs fell.
Read more
BUZZ-IPF: top midcap loser on persisting Poland worries
** International Personal Finance -c.10% & top FTSE
midcap loser after consumer credit lender fails to
satisfy concerns about its trading in Poland, part of its
biggest market
Read more
midcap loser after consumer credit lender fails to
satisfy concerns about its trading in Poland, part of its
biggest market
Read more
UPDATE 1-Aeropostale files for Chapter 11 bankruptcy protection
May 4 (Reuters) - Struggling teen apparel retailer
Aeropostale Inc filed for Chapter 11 bankruptcy
protection on Wednesday, succumbing to years of losses as
shoppers thronged fast fashion retailers...
Read more
Aeropostale Inc filed for Chapter 11 bankruptcy
protection on Wednesday, succumbing to years of losses as
shoppers thronged fast fashion retailers...
Read more
UPDATE 1-Maersk shipping business returns to profit
COPENHAGEN, May 4 (Reuters) - A.P. Moller-Maersk
returned to profit at its main container shipping
business in the first quarter, helped by cost cutting and a pick
up in volumes, it said on...
Read more
returned to profit at its main container shipping
business in the first quarter, helped by cost cutting and a pick
up in volumes, it said on...
Read more
Tuesday, May 3, 2016
UPDATE 1-Canadian Western Bank sets aside more money for loan losses
May 3 (Reuters) - Canadian Western Bank's shares
fell as much as 12 percent after the lender said it set aside
more money to cover bad loans to oil companies.
Read more
fell as much as 12 percent after the lender said it set aside
more money to cover bad loans to oil companies.
Read more
Britain's FTSE falls as mining stocks and HSBC lose ground
* FTSE 100 some 13 pct below April 2015 record high
(ADVISORY- Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon - see...
Read more
(ADVISORY- Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon - see...
Read more
Pakistan shares end higher; rupee stable, o/n rate up
KARACHI, May 3 (Reuters) - Pakistani stocks ended higher on
Tuesday led by banks and on gains in shares of Oil and Gas
Development Co Ltd, dealers said.
Read more
Tuesday led by banks and on gains in shares of Oil and Gas
Development Co Ltd, dealers said.
Read more
UPDATE 1-Nigerian stocks hit 5-week high on MSCI index news
LAGOS, May 3 (Reuters) - Nigerian stocks climbed to a
five-week high on Tuesday after index provider MSCI said it
would not change the status of Nigerian securities on its
frontier index.
Read more
five-week high on Tuesday after index provider MSCI said it
would not change the status of Nigerian securities on its
frontier index.
Read more
Britain's FTSE falls as mining stocks and HSBC lose ground
LONDON, May 3 (Reuters) - Britain's top shares index fell on
Tuesday, weighed down by weaker mining stocks and data showing
an unexpected fall in manufacturing output.
Read more
Tuesday, weighed down by weaker mining stocks and data showing
an unexpected fall in manufacturing output.
Read more
BUZZ-Aberdeen: warns more EM pain to come after weak H1
** EM-focused Aberdeen Asset Management -7%, top
FTSE midcap loser & on track for worst fall in over 3
mnths
Read more
FTSE midcap loser & on track for worst fall in over 3
mnths
Read more
BUZZ-RSA Insurance: hits 7-month high on Barclays upgrade
** Insurer RSA Insurance's shares rises as much as
6.2% to its highest since Sept 2015; second-largest FTSE 100
gainer
Read more
6.2% to its highest since Sept 2015; second-largest FTSE 100
gainer
Read more
BUZZ-Regus: strong start to year lifts shares
** Regus +2.5% & top gainer on the FTSE 350 support
services index after office space supplier reports
strong start to the year
Read more
services index after office space supplier reports
strong start to the year
Read more
Monday, May 2, 2016
Pakistan shares end lower; rupee gains, o/n rates fall
KARACHI, May 2 (Reuters) - Pakistani stocks ended lower on
Monday with oil shares falling as global oil prices eased
slightly and on profit-booking in banks, dealers said.
Read more
Monday with oil shares falling as global oil prices eased
slightly and on profit-booking in banks, dealers said.
Read more
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