* Shares drop 7.6 pct in extended trading
(Adds analyst comment, job cut details, updates shares)
Read more
Thursday, June 30, 2016
Massachusetts judge asks about Sumner Redstone's condition in hearing
June 30 (Reuters) - A Massachusetts judge presiding over a
case hinging on Sumner Redstone's mental condition on Thursday
peppered attorneys on both sides of the dispute with questions
about the...
Read more
case hinging on Sumner Redstone's mental condition on Thursday
peppered attorneys on both sides of the dispute with questions
about the...
Read more
UPDATE 2-Film studio Lionsgate to buy Starz for $4.4 bln
June 30 (Reuters) - Lions Gate Entertainment Corp,
the film studio behind the Hunger Games movies, said Thursday it
would buy premium television network Starz for $4.4
billion in cash and stock, in a...
Read more
the film studio behind the Hunger Games movies, said Thursday it
would buy premium television network Starz for $4.4
billion in cash and stock, in a...
Read more
REFILE-UPDATE 3-Mondelez makes $23 billion takeover bid for Hershey -source
June 30 (Reuters) - Mondelez International Inc made
a $23 billion takeover offer for Hershey Co, looking to
create the world's largest confectioner, a person familiar with
the matter said on Thursday.
Read more
a $23 billion takeover offer for Hershey Co, looking to
create the world's largest confectioner, a person familiar with
the matter said on Thursday.
Read more
UPDATE 1-Canadian chemical maker Superior Plus scraps deal to buy Canexus
June 30 (Reuters) - Canadian chemical maker Superior Plus
Corp said it scrapped the acquisition of rival Canexus
Corp as they could not agree on terms, two days after
the C$324 million ($251 million)...
Read more
Corp said it scrapped the acquisition of rival Canexus
Corp as they could not agree on terms, two days after
the C$324 million ($251 million)...
Read more
UPDATE 1-Brexit fuels worries about expected U.S. earnings recovery
NEW YORK/SAN FRANCISCO, June 30 (Reuters) - Foreign exchange
volatility and economic uncertainty after Britain's vote to
leave the European Union have imperiled a projected profit
rebound in the...
Read more
volatility and economic uncertainty after Britain's vote to
leave the European Union have imperiled a projected profit
rebound in the...
Read more
UPDATE 2-Darden Restaurants quarterly sales disappoint, shares slide
June 30 (Reuters) - Darden Restaurants Inc reported
lower-than-expected quarterly sales as fewer customers visited
its flagship Olive Garden restaurants, and shares tumbled as
much as 5 percent.
Read more
lower-than-expected quarterly sales as fewer customers visited
its flagship Olive Garden restaurants, and shares tumbled as
much as 5 percent.
Read more
UPDATE 1-Mondelez makes takeover bid for Hershey -source
June 30 (Reuters) - Mondelez International Inc, the
maker of Oreo cookies and Cadbury chocolates, has made a
takeover bid for chocolate and sugar confectionery company
Hershey Co, a person familiar...
Read more
maker of Oreo cookies and Cadbury chocolates, has made a
takeover bid for chocolate and sugar confectionery company
Hershey Co, a person familiar...
Read more
Brexit fuels worries about expected U.S. earnings recovery
NEW YORK/SAN FRANCISCO, June 30 (Reuters) - Foreign exchange
volatility and economic uncertainty after Britain's vote to
leave the European Union have imperiled a projected profit
rebound in the...
Read more
volatility and economic uncertainty after Britain's vote to
leave the European Union have imperiled a projected profit
rebound in the...
Read more
Pakistan shares close steady; rupee weaker, o/n rates rise
KARACHI, June 30 (Reuters) - Pakistan stocks closed steady
on Thursday as the 2015/16 financial year draws to a close and
ahead of a long holiday next week for Eid, dealers said.
Read more
on Thursday as the 2015/16 financial year draws to a close and
ahead of a long holiday next week for Eid, dealers said.
Read more
Britain's FTSE set to finish June above its pre-Brexit level
LONDON, June 30 (Reuters) - Britain's top share index edged
lower on Thursday, but remained around its highest level in a
week, having completely rebounded from a substantial sell-off in
light of the...
Read more
lower on Thursday, but remained around its highest level in a
week, having completely rebounded from a substantial sell-off in
light of the...
Read more
UBS cuts its year-end FTSE target following shock Brexit vote
LONDON, June 30 (Reuters) - UBS has cut its year-end target
for the FTSE 100, citing political uncertainty in Britain
following its vote to leave the European Union.
Read more
for the FTSE 100, citing political uncertainty in Britain
following its vote to leave the European Union.
Read more
BUZZ-Stobart: best day ever as investors gear for larger payouts
** Stobart Group +c.13% & on track for best day
ever after support services co says plans to increase level &
frequency of divs
Read more
ever after support services co says plans to increase level &
frequency of divs
Read more
BUZZ-Travis Perkins: shares fall amid broker concern over Brexit fallout
** Travis Perkins, Britain's biggest supplier of
building materials, -3.5% & 3rd-top FTSE 100
Read more
building materials, -3.5% & 3rd-top FTSE 100
Read more
Key Vanke shareholder China Resources opposes proposal to oust board
HONG KONG, June 30 (Reuters) - China Vanke Co Ltd's
No. 2 shareholder China Resources Group
said on Thursday that it opposed plans by a bigger shareholder
to oust the property developer's board.
Read more
No. 2 shareholder China Resources Group
said on Thursday that it opposed plans by a bigger shareholder
to oust the property developer's board.
Read more
Britain's FTSE 100 edges lower, stays above pre-Brexit level
LONDON, June 30 (Reuters) - Britain's top share index edged
lower on Thursday, but remained around its highest level in a
week, having completely rebounded from a substantial sell-off in
light of the...
Read more
lower on Thursday, but remained around its highest level in a
week, having completely rebounded from a substantial sell-off in
light of the...
Read more
Wednesday, June 29, 2016
UPDATE 2-Giant diamond fails to sell at auction, trade interested
June 29 (Reuters) - The biggest uncut diamond to be
discovered in over a century failed to sell at a Sotheby's
auction on Wednesday, but the chief executive of Lucara Diamond
Corp, the company that...
Read more
discovered in over a century failed to sell at a Sotheby's
auction on Wednesday, but the chief executive of Lucara Diamond
Corp, the company that...
Read more
Layoffs at Chesapeake trigger partial termination of retirement plan
June 29 (Reuters) - The retirement plan at Chesapeake Energy
Corp is being partially terminated after significant
employee reductions at the company.
Read more
Corp is being partially terminated after significant
employee reductions at the company.
Read more
UPDATE 1-Layoffs at Chesapeake trigger partial termination of retirement plan
June 29 (Reuters) - The retirement plan at Chesapeake Energy
Corp, which has suffered heavy losses from big
allocations in company stock, is being partially terminated
after significant employee...
Read more
Corp, which has suffered heavy losses from big
allocations in company stock, is being partially terminated
after significant employee...
Read more
Britain's FTSE makes up all its post-Brexit losses
* Banks, insurers overcome Brexit concerns
(ADVISORY- Follow European and UK stock markets in real time on
the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets)
Read more
(ADVISORY- Follow European and UK stock markets in real time on
the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets)
Read more
Britain's FTSE erases all its post-Brexit vote losses
LONDON, June 29 (Reuters) - Britain's FTSE 100
erased all its post-Brexit losses on Wednesday fueled by a late
afternoon surge led by energy and financials shares.
Read more
erased all its post-Brexit losses on Wednesday fueled by a late
afternoon surge led by energy and financials shares.
Read more
UPDATE 1-Puerto Rico GO bond price up after U.S. Senate advances to final debt vote
NEW YORK, June 29 (Reuters) - Puerto Rico's benchmark 2035
General Obligation bond rose three quarters of a point in price
on Wednesday after the U.S. Senate cleared a procedural hurdle
that advanced...
Read more
General Obligation bond rose three quarters of a point in price
on Wednesday after the U.S. Senate cleared a procedural hurdle
that advanced...
Read more
FTSE up for second day as banks fight back from post-Brexit slump
LONDON, June 29 (Reuters) - Britain's top share index
climbed for a second straight session on Wednesday, led higher
by financials and commodities-related stocks, on expectations
the Brexit process...
Read more
climbed for a second straight session on Wednesday, led higher
by financials and commodities-related stocks, on expectations
the Brexit process...
Read more
Polish chemicals firm Police reinstates 2015 profit
WARSAW, June 29 (Reuters) - Polish chemicals company ZCh
Police backed out of an earlier decision to restate its
2015 results, the company said, adding it will likely book
losses from its Senegal...
Read more
Police backed out of an earlier decision to restate its
2015 results, the company said, adding it will likely book
losses from its Senegal...
Read more
UPDATE 3-Nike sales, forecast disappoint as Adidas gains ground
* Shares slump more than 4 pct after market
(Adds forecast from conference call, background)
Read more
(Adds forecast from conference call, background)
Read more
Tuesday, June 28, 2016
FTSE closes higher after post-Brexit slump, insurers rally
LONDON, June 28 (Reuters) - Britain's top share index
bounced back on Tuesday following two straight sessions of steep
losses as insurers and banks, hit hard in the aftermath of
Britain's decision to...
Read more
bounced back on Tuesday following two straight sessions of steep
losses as insurers and banks, hit hard in the aftermath of
Britain's decision to...
Read more
BRIEF-UniCredit shares turn negative, down 1.8 percent
* shares turn negative, down 1.8 percent
Further company coverage:
(Reporting by Milan newsroom)
Read more
Further company coverage:
(Reporting by Milan newsroom)
Read more
Soros had Deutsche Bank "short" bet at time of Brexit fallout
FRANKFURT, June 28 (Reuters) - Billionaire investor George
Soros took out a bet of more than 100 million euros ($111
million) that Deutsche Bank shares would fall at the
time of Britain's vote to...
Read more
Soros took out a bet of more than 100 million euros ($111
million) that Deutsche Bank shares would fall at the
time of Britain's vote to...
Read more
FTSE rebounds after post-Brexit slump, insurers lead
LONDON, June 28 (Reuters) - Britain's top share index
bounced back on Tuesday following two straight sessions of steep
losses as insurers and banks, hit hard in the aftermath of
Britain's decision to...
Read more
bounced back on Tuesday following two straight sessions of steep
losses as insurers and banks, hit hard in the aftermath of
Britain's decision to...
Read more
UPDATE 1-Fastjet investors block attempt to remove chairman
June 28 (Reuters) - Fastjet Plc investors voted to
retain Chairman Colin Child, defeating a move by the African
budget carrier's second-largest shareholder to force out a
second top executive within...
Read more
retain Chairman Colin Child, defeating a move by the African
budget carrier's second-largest shareholder to force out a
second top executive within...
Read more
Pakistan shares close slightly higher; rupee stronger, o/n rates rise
KARACHI, June 28 (Reuters) - Pakistan stocks closed
marginally higher after a volatile session on Tuesday, due to
positive sentiment after the International Monetary Fund's
executive board approved a...
Read more
marginally higher after a volatile session on Tuesday, due to
positive sentiment after the International Monetary Fund's
executive board approved a...
Read more
Britain's FTSE bounces after post-Brexit slump
LONDON, June 28 (Reuters) - British shares rebounded on
Tuesday following two straight sessions of substantial falls,
led higher by banks and travel stocks which were the hardest hit
in the aftermath...
Read more
Tuesday following two straight sessions of substantial falls,
led higher by banks and travel stocks which were the hardest hit
in the aftermath...
Read more
L&G says balance sheet resilient, shares jump
LONDON, June 28 (Reuters) - Legal & General's
balance sheet has proven resilient following Britain's decision
to leave the EU partly because the British insurer trimmed its
exposure to riskier...
Read more
balance sheet has proven resilient following Britain's decision
to leave the EU partly because the British insurer trimmed its
exposure to riskier...
Read more
Fastjet to raise funds as African aviation market remains tough
June 28 (Reuters) - African budget carrier Fastjet Plc
said it needed to raise further funds to have
sufficient working capital and implement changes as its
operations had remained cash negative in...
Read more
said it needed to raise further funds to have
sufficient working capital and implement changes as its
operations had remained cash negative in...
Read more
UPDATE 1-Shawbrook finds breaches in asset finance business, CFO resigns
June 28 (Reuters) - British bank Shawbrook Group Plc
said it expected to book an additional impairment
charge in the second quarter due to some irregularities in its
asset finance business and that...
Read more
said it expected to book an additional impairment
charge in the second quarter due to some irregularities in its
asset finance business and that...
Read more
Britain's FTSE rebounds after Brexit vote slump
LONDON, June 28 (Reuters) - British shares rebounded on
Tuesday led by banks and travel stocks which were the hardest
hit in the two-day post-Brexit slump.
Read more
Tuesday led by banks and travel stocks which were the hardest
hit in the two-day post-Brexit slump.
Read more
Monday, June 27, 2016
UPDATE 3-Belarus to sell India potash at lowest price in a decade
* India, China are world's biggest fertiliser consumers
(Adds Uralkali comment, updates share prices)
Read more
(Adds Uralkali comment, updates share prices)
Read more
UPDATE 3-Italy prepares to shield its banks from Brexit fallout
* Renzi, asked about banks, says will work to solve problems
(Adds Renzi comments in Berlin)
Read more
(Adds Renzi comments in Berlin)
Read more
Sunday, June 26, 2016
Kuka nears deal with Chinese bidder - source
BERLIN/FRANKFURT, June 26 (Reuters) - German robotics maker
Kuka is on the brink of agreeing to an investor
agreement with Chinese bidder Midea that includes a
long-term commitment to existing...
Read more
Kuka is on the brink of agreeing to an investor
agreement with Chinese bidder Midea that includes a
long-term commitment to existing...
Read more
Friday, June 24, 2016
US STOCKS-Wall St slides as Brexit takes investors by surprise
* Indexes down: Dow 2.80 pct, S&P 2.89 pct, Nasdaq 3.39 pct
(Adds details, changes comment, updates prices)
Read more
(Adds details, changes comment, updates prices)
Read more
Britain's FTSE closes down 3.2 pct, banks and housebuilders slump
LONDON, June 24 (Reuters) - Britain's top shares index
fell on Friday, led lower by banks and homebuilders, but
staged a sharp recovery from its initial slump caused by the
country's decision to...
Read more
fell on Friday, led lower by banks and homebuilders, but
staged a sharp recovery from its initial slump caused by the
country's decision to...
Read more
"Safe haven" U.S. tobacco stocks light up amid Brexit gloom
June 24 (Reuters) - Shares of the biggest U.S. tobacco
companies were up on Friday as investors viewed them as safe
investments amid a sharp slump in U.S. stocks after Britain
voted to leave the...
Read more
companies were up on Friday as investors viewed them as safe
investments amid a sharp slump in U.S. stocks after Britain
voted to leave the...
Read more
CORRECTED-UPDATE 1, INTERVIEW-Top BlackRock strategist sees further sterling fall
NEW YORK, June 24 (Reuters) - The British pound could weaken
further in the next six months even if it enjoys a temporary
rebound, a top BlackRock Inc investment strategist said
on Friday after...
Read more
further in the next six months even if it enjoys a temporary
rebound, a top BlackRock Inc investment strategist said
on Friday after...
Read more
US STOCKS-Wall St slides after shock Brexit vote
* Indexes down: Dow 2.39 pct, S&P 2.57 pct, Nasdaq 2.97 pct
(Adds details, changes comment, updates shares)
Read more
(Adds details, changes comment, updates shares)
Read more
Sterling could weaken more, but risk assets oversold -BlackRock strategist
NEW YORK, June 24 (Reuters) - The British pound could weaken
further over the next six months even if it enjoys a temporary
rebound, top BlackRock Inc investment strategist Ewen
Cameron Watt said on...
Read more
further over the next six months even if it enjoys a temporary
rebound, top BlackRock Inc investment strategist Ewen
Cameron Watt said on...
Read more
US STOCKS-Futures drop after Britons vote to abandon EU
* Futures down: Dow 504 pts, S&P 73.25 pts, Nasdaq 158.5 pts
(Changes comment, updates prices)
Read more
(Changes comment, updates prices)
Read more
US STOCKS-Wall St set to open sharply lower after shock Brexit vote
* Futures down: Dow 522 pts, S&P 74.25 pts, Nasdaq 160.25
pts
(Changes quote, updates prices)
Read more
pts
(Changes quote, updates prices)
Read more
BUZZ-UK life insurers: in red after UK says 'leave'
** London-listed life insurers roil as Britain's vote to
exit EU sparks biggest global financial shock since 2008 crisis
Read more
exit EU sparks biggest global financial shock since 2008 crisis
Read more
US STOCKS-Futures slump after Britons vote to leave EU
* Futures down: Dow 556 pts, S&P 82 pts, Nasdaq 173 pts
(Adds details, changes comment, updates prices)
Read more
(Adds details, changes comment, updates prices)
Read more
BA owner IAG warns on profit after Brexit vote
LONDON, June 24 (Reuters) - British Airways owner
International Consolidated Airlines Group warned on
profit on Friday, blaming a weaker than expected trading
environment in the run up to the...
Read more
International Consolidated Airlines Group warned on
profit on Friday, blaming a weaker than expected trading
environment in the run up to the...
Read more
Pakistan shares plummet on Brexit vote
KARACHI, June 24 (Reuters) - Pakistan stocks plunged more
than 2 percent and recorded their biggest percentage loss in
more than five months as Britain's exit from the European Union
rattled global...
Read more
than 2 percent and recorded their biggest percentage loss in
more than five months as Britain's exit from the European Union
rattled global...
Read more
BRIEF-Shares in UK's homebuilders slide; Redrow falls as much as 76 pct
* Shares In UK'S Homebuilders fall; Bovis Homes down
as much as 58 percent, Redrow down as much as 76
percent, bellway fall as much 38 percent
(Bengaluru Newsroom: +91 80 6749 1136)
Read more
as much as 58 percent, Redrow down as much as 76
percent, bellway fall as much 38 percent
(Bengaluru Newsroom: +91 80 6749 1136)
Read more
BRIEF-Shares in Restaurant Group falls as much as 34 percent after Brexit vote
* Shares in Restaurant Group falls as much as 34 percent
after Brexit vote
Further company coverage:
(Bengaluru Newsroom: +91 80 6749 1136)
Read more
after Brexit vote
Further company coverage:
(Bengaluru Newsroom: +91 80 6749 1136)
Read more
US STOCKS-S&P 500 futures slump after Britons vote to leave EU
SAN FRANCISCO, June 24 (Reuters) - Futures on the S&P 500
and Nasdaq plummeted 5 percent early on Friday and triggered
overnight circuit breakers after Britain's vote to quit the
European Union...
Read more
and Nasdaq plummeted 5 percent early on Friday and triggered
overnight circuit breakers after Britain's vote to quit the
European Union...
Read more
Thursday, June 23, 2016
Pakistani stocks fall 2 pct in early trade on Brexit volatility
ISLAMABAD, June 24 (Reuters) - Pakistani shares fell 2
percent in early trading on Friday, hurt by a global sell-off in
risk assets after Britain voted to leave the European Union.
Read more
percent in early trading on Friday, hurt by a global sell-off in
risk assets after Britain voted to leave the European Union.
Read more
US STOCKS-S&P 500, Nasdaq futures slump 5 pct as Britons vote to leave EU
June 23 (Reuters) - S&P 500 and Nasdaq E-mini futures
plummeted as much as 5 percent early on Friday, triggering
overnight circuit breakers as global markets reeled from
Britain's vote to quit the...
Read more
plummeted as much as 5 percent early on Friday, triggering
overnight circuit breakers as global markets reeled from
Britain's vote to quit the...
Read more
Trading briefly halted for Nikkei futures as circuit breaker kicks in
TOKYO, June 24 (Reuters) - Trading was briefly halted for
Japan's Nikkei futures on Friday as global equity markets
plunged on fears that Britain would leave the European Union.
Read more
Japan's Nikkei futures on Friday as global equity markets
plunged on fears that Britain would leave the European Union.
Read more
Sharp shares dive 16.5 pct on downgrade to Tokyo bourse's 2nd section
TOKYO, June 24 (Reuters) - Shares in Japanese electronics
maker Sharp Corp fell as much as 16.5 percent on Friday
after the company said it would be demoted to the Tokyo Stock
Exchange's second...
Read more
maker Sharp Corp fell as much as 16.5 percent on Friday
after the company said it would be demoted to the Tokyo Stock
Exchange's second...
Read more
UPDATE 1-Bond group grows amid Brazil's Oi bankruptcy plan, sources say
SAO PAULO, June 23 (Reuters) - A group representing holders
of Oi SA's bonds not guaranteed by unit Telemar Norte Leste SA
is growing, two sources familiar with the matter said,
underscoring the...
Read more
of Oi SA's bonds not guaranteed by unit Telemar Norte Leste SA
is growing, two sources familiar with the matter said,
underscoring the...
Read more
Bond group grows ahead of Brazil's Oi bankruptcy plan -sources
SAO PAULO, June 23 (Reuters) - A group representing holders
of Oi SA's bonds not guaranteed by unit Telemar Norte Leste SA
is growing, two sources familiar with the matter said,
underscoring the...
Read more
of Oi SA's bonds not guaranteed by unit Telemar Norte Leste SA
is growing, two sources familiar with the matter said,
underscoring the...
Read more
Index shifts, Brexit vote could make Friday freaky on Wall Street
NEW YORK, June 23 (Reuters) - Friday could offer an
especially wild ride on Wall Street as traders react to the vote
on British membership in the European Union and adjust their
portfolios to the...
Read more
especially wild ride on Wall Street as traders react to the vote
on British membership in the European Union and adjust their
portfolios to the...
Read more
Tech "unicorn" Twilio leaps in debut
June 23 (Reuters) - Shares of software maker Twilio Inc
surged as much as 70 percent in their debut on
Thursday, raising hopes that investor appetite for U.S. tech
IPOs is finally returning.
Read more
surged as much as 70 percent in their debut on
Thursday, raising hopes that investor appetite for U.S. tech
IPOs is finally returning.
Read more
UPDATE 1-Qunar Cayman Islands receives go-private offer
June 23 (Reuters) - Chinese online travel company Qunar
Cayman Islands Ltd said a unit of private equity fund
Ocean Imagination LP offered to acquire the company.
Read more
Cayman Islands Ltd said a unit of private equity fund
Ocean Imagination LP offered to acquire the company.
Read more
Pakistan shares end higher amid thin trading volumes
KARACHI, June 23 (Reuters) - Pakistan stocks closed higher
on Thursday, on a thin trading day that saw very few triggers in
the market, analysts said.
Read more
on Thursday, on a thin trading day that saw very few triggers in
the market, analysts said.
Read more
BRIEF-Banco Popolare, BPM rise after Banco completes cash call for merger
* Shares in Banco Popolare rise over 3 percent after the
lender said it raised 1 billion euros needed to complete a
planned merger with Banca Popolare di Milano (BPM)
Read more
lender said it raised 1 billion euros needed to complete a
planned merger with Banca Popolare di Milano (BPM)
Read more
FTSE near 2-week high as voting starts in Britain's EU referendum
LONDON, June 23 (Reuters) - Britain's top share index
climbed to trade near a two-week high on Thursday as Britons
started to cast their votes in a historic EU membership
referendum, with recent...
Read more
climbed to trade near a two-week high on Thursday as Britons
started to cast their votes in a historic EU membership
referendum, with recent...
Read more
UPDATE 1-Eletrobras names new CEO, gets 3.5 bln reais capital injection
SAO PAULO, June 22 (Reuters) - Brazil has tapped the leader
of one of the country's largest private electricity companies to
run Centrais Eletricas Brasileiras SA and is
preparing a capital injection...
Read more
of one of the country's largest private electricity companies to
run Centrais Eletricas Brasileiras SA and is
preparing a capital injection...
Read more
Wednesday, June 22, 2016
UPDATE 1-Red Hat cuts full-year profit forecast, shares drop
June 22 (Reuters) - Red Hat Inc, the world's largest
commercial distributor of the Linux operating system, said it
would buy software management provider 3scale, but cut its
full-year adjusted profit...
Read more
commercial distributor of the Linux operating system, said it
would buy software management provider 3scale, but cut its
full-year adjusted profit...
Read more
UPDATE 1-New products, marketing to drive Barnes & Noble sales this year
June 22 (Reuters) - Barnes & Noble Inc said it
expected sales at its retail stores open at least a year to stay
flat or rise by up to 1 percent this fiscal year as the U.S.
bookstore chain operator...
Read more
expected sales at its retail stores open at least a year to stay
flat or rise by up to 1 percent this fiscal year as the U.S.
bookstore chain operator...
Read more
Britain's FTSE closes off highs after new referendum poll
LONDON, June 22 (Reuters) - Britain's main share index hit a
two-week high on the eve of Thursday's vote on EU membership
before surrendering half the day's gains in the last minutes of
trading after...
Read more
two-week high on the eve of Thursday's vote on EU membership
before surrendering half the day's gains in the last minutes of
trading after...
Read more
Pakistan shares close lower; cement, oil stocks fall
KARACHI, June 22 (Reuters) - Pakistan shares closed lower on
Wednesday, led down by cement, and oil and gas stocks, dealers
said.
Read more
Wednesday, led down by cement, and oil and gas stocks, dealers
said.
Read more
GRAPHIC-Mind the gap: Valuation difference between US and European shares at 5-year high
LONDON, June 22 (Reuters) - The valuation gap between
European and U.S. shares has hit a near five-year high following
differing stock moves in the two regions, although that
differential could...
Read more
European and U.S. shares has hit a near five-year high following
differing stock moves in the two regions, although that
differential could...
Read more
Britain's FTSE rises as housebuilders rally ahead of UK EU vote
LONDON, June 22 (Reuters) - UK shares edged higher on
Wednesday as housebuilders and insurers rallied before Britain's
vote on its membership of the European Union on June 23.
Read more
Wednesday as housebuilders and insurers rallied before Britain's
vote on its membership of the European Union on June 23.
Read more
Credit Suisse would cut FTSE target by 6 pct if Brexit occurs
LONDON, June 22 (Reuters) - Credit Suisse would cut its
year-end forecasts for Britain's benchmark FTSE 100
equity index by 6 percent if Britain voted to leave the European
Union this week.
Read more
year-end forecasts for Britain's benchmark FTSE 100
equity index by 6 percent if Britain voted to leave the European
Union this week.
Read more
Tuesday, June 21, 2016
UPDATE 2-Oi rivals seen gaining while bankruptcy puts Brazil M&A hopes on hold
SAO PAULO, June 21 (Reuters) - Brazilian phone carrier Oi SA
faces long odds in trying to reorganize under the country's
complex bankruptcy law, offering rivals a chance to bolster
their market...
Read more
faces long odds in trying to reorganize under the country's
complex bankruptcy law, offering rivals a chance to bolster
their market...
Read more
Oi rivals seen gaining while bankruptcy puts Brazil M&A hopes on hold
SAO PAULO, June 21 (Reuters) - Brazil's No. 4 wireless
carrier Oi SA faces long odds in trying to reorganize under the
country's complex bankruptcy code, offering rivals a chance to
bolster their...
Read more
carrier Oi SA faces long odds in trying to reorganize under the
country's complex bankruptcy code, offering rivals a chance to
bolster their...
Read more
UPDATE 1-Adobe Q3 revenue forecast largely below Wall St estimates
June 21 (Reuters) - Photoshop maker Adobe Systems Inc
forecast third-quarter revenue largely below analysts'
estimates, sending the company's shares down 4.5 percent after
the bell on Tuesday.
Read more
forecast third-quarter revenue largely below analysts'
estimates, sending the company's shares down 4.5 percent after
the bell on Tuesday.
Read more
UPDATE 1-Brazil lower house agrees end to cap on foreign airline ownership
BRASILIA, June 21 (Reuters) - Brazil's Lower House on
Tuesday voted to end limits on foreign ownership of local
airlines, changing a presidential decree, and extending a
lifeline to carriers...
Read more
Tuesday voted to end limits on foreign ownership of local
airlines, changing a presidential decree, and extending a
lifeline to carriers...
Read more
ETE trial could hinge on whether tax lawyer acted in good faith
GEORGETOWN, Del., June 21 (Reuters) - The Delaware judge
ruling on the dispute that could scuttle Energy Transfer
Equity's (ETE) takeover of rival pipeline company
Williams Cos Inc said his decision...
Read more
ruling on the dispute that could scuttle Energy Transfer
Equity's (ETE) takeover of rival pipeline company
Williams Cos Inc said his decision...
Read more
Britain's FTSE supported by commodity stock rebound
* Circassia Pharmaceuticals rises after sharp slump
(ADVISORY- Follow European and UK stock markets in real time on
the Reuters Live Markets blog on Eikon, see...
Read more
(ADVISORY- Follow European and UK stock markets in real time on
the Reuters Live Markets blog on Eikon, see...
Read more
UPDATE 1-Oi shares plunge on Brazil's biggest bankruptcy filing
SAO PAULO, June 21 (Reuters) - Shares of Oi SA tumbled on
Tuesday after the mobile phone carrier filed for Brazil's
biggest-ever bankruptcy, triggering a legal process likely to
drag investors,...
Read more
Tuesday after the mobile phone carrier filed for Brazil's
biggest-ever bankruptcy, triggering a legal process likely to
drag investors,...
Read more
Pakistan shares close lower on profit-taking
KARACHI, June 21 (Reuters) - Pakistan stocks edged down on
profit-taking Tuesday, led lower by oil, cement and bank stocks,
dealers said.
Read more
profit-taking Tuesday, led lower by oil, cement and bank stocks,
dealers said.
Read more
UPDATE 2-Impax buys generic drugs from Teva, Allergan for $586 mln
June 21 (Reuters) - Impax Laboratories Inc said it
would buy a portfolio of generic drugs from Teva Pharmaceutical
Industries Ltd and Allergan Plc for about $586
million.
Read more
would buy a portfolio of generic drugs from Teva Pharmaceutical
Industries Ltd and Allergan Plc for about $586
million.
Read more
Britain's FTSE eases as commodities stocks weigh
LONDON, June 21 (Reuters) - UK shares slipped on Tuesday as
a fall in mining stocks overshadowed two opinion polls which
pointed to the campaign for Britain to remain in the European
Union regaining...
Read more
a fall in mining stocks overshadowed two opinion polls which
pointed to the campaign for Britain to remain in the European
Union regaining...
Read more
UPDATE 4-Oi files for Brazil's biggest ever bankruptcy protection
SAO PAULO, June 20 (Reuters) - Oi SA filed for Brazil's
largest ever bankruptcy protection on Monday after the country's
No. 1 fixed-line phone carrier ran out of time to reorganize
operations and...
Read more
largest ever bankruptcy protection on Monday after the country's
No. 1 fixed-line phone carrier ran out of time to reorganize
operations and...
Read more
Monday, June 20, 2016
Ackman releases new Herbalife video; stock climbs
BOSTON, June 20 (Reuters) - Billionaire investor William
Ackman revved up his campaign against Herbalife on Monday as
investors await the outcome of a U.S. Federal Trade Commission
(FTC) probe into...
Read more
Ackman revved up his campaign against Herbalife on Monday as
investors await the outcome of a U.S. Federal Trade Commission
(FTC) probe into...
Read more
UPDATE 1-California regulator approves Aetna-Humana deal with conditions
NEW YORK/WASHINGTON, June 20 (Reuters) - The California
Department of Managed Health Care approved Aetna Inc's
acquisition of Humana Inc with conditions including the
insurer's commitment to keeping...
Read more
Department of Managed Health Care approved Aetna Inc's
acquisition of Humana Inc with conditions including the
insurer's commitment to keeping...
Read more
FTSE ends 3 pct higher as 'Remain' camp in Britain's EU referendum regains ground
LONDON, June 20 (Reuters) - Britain's top share index ended
sharply higher on Monday, with banking and housebuilding stocks
surging following latest polls suggesting the campaign for
Britain to...
Read more
sharply higher on Monday, with banking and housebuilding stocks
surging following latest polls suggesting the campaign for
Britain to...
Read more
UPDATE 2-South Africa's MTN names Vodafone Europe head as new CEO
* Phuthuma Nhleko to stay executive chairman until Shuter
arrives
(Adds shareholder comment, updates shares)
Read more
arrives
(Adds shareholder comment, updates shares)
Read more
Apple to lose weighting in Russell index, shares could fall
NEW YORK, June 20 (Reuters) - After dropping more than $200
billion in market capitalization in one year, Apple shares could
fall further as they are set to lose their weighting and be
reclassified...
Read more
billion in market capitalization in one year, Apple shares could
fall further as they are set to lose their weighting and be
reclassified...
Read more
Britain's FTSE rallies as EU membership 'Remain' camp regains ground
LONDON, June 20 (Reuters) - UK shares paced by banks and
housebuilding rose on Monday, boosted by polls suggesting the
campaign for Britain to remain in the European Union was
regaining a narrow edge...
Read more
housebuilding rose on Monday, boosted by polls suggesting the
campaign for Britain to remain in the European Union was
regaining a narrow edge...
Read more
UPDATE 1-Cat allergy flop sinks high-profile UK biotech Circassia
June 20 (Reuters) - Circassia Pharmaceuticals lost
more than half its value on Monday as its experimental cat
allergy treatment failed in a late-stage trial, dealing a major
blow to the high-profile...
Read more
more than half its value on Monday as its experimental cat
allergy treatment failed in a late-stage trial, dealing a major
blow to the high-profile...
Read more
Shareholder steps up opposition to China Vanke's $6.9 bln white knight deal
HONG KONG, June 20 (Reuters) - China Vanke's
second-biggest shareholder increased its opposition to a planned
$6.9 billion purchase by China's biggest property company that
would see it issue shares...
Read more
second-biggest shareholder increased its opposition to a planned
$6.9 billion purchase by China's biggest property company that
would see it issue shares...
Read more
Friday, June 17, 2016
UPDATE 2-Bonds of Brazil phone carrier Oi jump on debt exchange terms
SAO PAULO, June 17 (Reuters) - Prices of Oi SA bonds jumped
on Friday after Brazil's most indebted wireless carrier laid out
the terms of a restructuring proposal aimed at cutting 50
billion reais...
Read more
on Friday after Brazil's most indebted wireless carrier laid out
the terms of a restructuring proposal aimed at cutting 50
billion reais...
Read more
UPDATE 4-Siemens, Gamesa to form world's largest wind farm business
MADRID/FRANKFURT, June 17 (Reuters) - Siemens and
Spain's Gamesa agreed on Friday to combine assets to
create the world's biggest builder of windfarms, with the German
company paying 1 billion euros...
Read more
Spain's Gamesa agreed on Friday to combine assets to
create the world's biggest builder of windfarms, with the German
company paying 1 billion euros...
Read more
Britain's FTSE rebounds from four-month low after EU campaign suspended
LONDON, June 17 (Reuters) - Britain's top share index rose
from a four-month low on Friday, as stocks that have been
hardest hit by concerns over a possible British exit from the EU
rebounded after...
Read more
from a four-month low on Friday, as stocks that have been
hardest hit by concerns over a possible British exit from the EU
rebounded after...
Read more
Britain's FTSE rebounds from four-month low after EU campaign suspended
LONDON, June 17 (Reuters) - Britain's top share index rose
from a four-month low on Friday, as stocks that have been
hardest hit by concerns over a possible British exit from the EU
rebounded after...
Read more
from a four-month low on Friday, as stocks that have been
hardest hit by concerns over a possible British exit from the EU
rebounded after...
Read more
Viacom forecasts third-quarter profit below analysts' estimates
June 17 (Reuters) - Viacom Inc forecast
third-quarter adjusted profit below analysts' estimates due to
lackluster collections for "Teenage Mutant Ninja Turtles: Out of
the Shadows", as well as a...
Read more
third-quarter adjusted profit below analysts' estimates due to
lackluster collections for "Teenage Mutant Ninja Turtles: Out of
the Shadows", as well as a...
Read more
UPDATE 1-Legal drama and Ninja Turtles to weigh on Viacom profit
June 17 (Reuters) - Viacom Inc on Friday said its
third-quarter earnings will fall short of Wall Street estimates,
citing a weak performance from its latest Teenage Mutant Ninja
Turtle movie and...
Read more
third-quarter earnings will fall short of Wall Street estimates,
citing a weak performance from its latest Teenage Mutant Ninja
Turtle movie and...
Read more
Britain's FTSE rebounds from four-month low after EU campaign suspended
LONDON, June 17 (Reuters) - Britain's top share index rose
from a four-month low on Friday, as stocks that have been
hardest hit by concerns over a possible British exit from the EU
rebounded after...
Read more
from a four-month low on Friday, as stocks that have been
hardest hit by concerns over a possible British exit from the EU
rebounded after...
Read more
Pakistan shares end higher; post best weekly gain in nearly 3 years
KARACHI, June 17 (Reuters) - Pakistan stocks hit a fresh
record closing high on Friday, led by energy and bank shares,
with the main index posting its best weekly gain in nearly three
years after the...
Read more
record closing high on Friday, led by energy and bank shares,
with the main index posting its best weekly gain in nearly three
years after the...
Read more
UPDATE 1-Scancell slumps as drug problem disrupts melanoma trial
LONDON, June 17 (Reuters) - British drug developer Scancell
has suspended dosing in a cancer clinical trial because
of quality problems with an immunotherapy treatment, wiping more
than a quarter...
Read more
has suspended dosing in a cancer clinical trial because
of quality problems with an immunotherapy treatment, wiping more
than a quarter...
Read more
UPDATE 1-U.S. gun shares extend gains after strong Smith & Wesson earnings
SAN FRANCISCO, June 16 (Reuters) - Shares of firearm makers
surged on Thursday after a strong quarterly report from Smith &
Wesson Holding Corp, adding to gains this week after a
shooting at a gay...
Read more
surged on Thursday after a strong quarterly report from Smith &
Wesson Holding Corp, adding to gains this week after a
shooting at a gay...
Read more
Thursday, June 16, 2016
EXCLUSIVE-Canada's Dream Industrial held talks about potential sale -sources
TORONTO, June 16 (Reuters) - Canada's Dream Industrial Real
Estate Investment Trust has held talks with potential
suitors to explore the prospect of selling itself, according to
two sources familiar...
Read more
Estate Investment Trust has held talks with potential
suitors to explore the prospect of selling itself, according to
two sources familiar...
Read more
Britain's EU vote fears drag FTSE to lowest since February
* Randgold Resources tracks higher gold prices
(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 2-Brexit darkens cloud hanging over European banks
LONDON/ FRANKFURT, June 16 (Reuters) - Euro zone bank stocks
dipped to near four-year lows on Thursday due to fears that a
possible departure of Britain from the European Union would
worsen their...
Read more
dipped to near four-year lows on Thursday due to fears that a
possible departure of Britain from the European Union would
worsen their...
Read more
Pakistan shares end higher, driven by MSCI announcement
KARACHI, June 16 (Reuters) - Pakistani stocks closed higher
on Thursday, largely due to continuing positive investor
sentiment following MSCI's announcement a day earlier that the
bourse was to be...
Read more
on Thursday, largely due to continuing positive investor
sentiment following MSCI's announcement a day earlier that the
bourse was to be...
Read more
N Brown shares jump on "better-than-feared" first quarter
June 16 (Reuters) - N Brown Group Plc shares
bounced well clear of six-year lows on Thursday after a
"better-than-feared" first quarter from the British plus-size
fashion retailer.
Read more
bounced well clear of six-year lows on Thursday after a
"better-than-feared" first quarter from the British plus-size
fashion retailer.
Read more
Euro zone bank stocks touch lowest level since August 2012
LONDON, June 16 (Reuters) - The euro zone banking sector
touched its lowest level since August 2012 on Thursday, hit over
uncertainty surrounding an upcoming referendum on Britain's EU
membership.
Read more
touched its lowest level since August 2012 on Thursday, hit over
uncertainty surrounding an upcoming referendum on Britain's EU
membership.
Read more
Wednesday, June 15, 2016
UPDATE 3-Healthcare service providers Envision, AmSurg to merge
June 15 (Reuters) - Envision Healthcare Holdings Inc
and AmSurg Corp have agreed to an all-stock
merger that would create a healthcare service provider with a
proforma market value of about $10...
Read more
and AmSurg Corp have agreed to an all-stock
merger that would create a healthcare service provider with a
proforma market value of about $10...
Read more
UPDATE 1-Zodiac Aerospace shares spike on fresh Safran bid report
PARIS, June 15 (Reuters) - France's Zodiac Aerospace
was engulfed in fresh takeover speculation on
Wednesday after a French publication said aircraft engine maker
Safran was preparing a bid, though...
Read more
was engulfed in fresh takeover speculation on
Wednesday after a French publication said aircraft engine maker
Safran was preparing a bid, though...
Read more
UPDATE 4-Steinhoff buys Poundland stake ahead of possible takeover bid
* Approach disclosed on eve of Poundland results
(Adds Steinhoff confirmation of share acquisition)
Read more
(Adds Steinhoff confirmation of share acquisition)
Read more
UPDATE 1-U.S. judge gives Caesars temporary reprieve from lawsuits
CHICAGO, June 15 (Reuters) - Caesars Entertainment Corp
received a temporary reprieve on Wednesday from
bondholder lawsuits seeking up to $11.4 billion after a U.S.
bankruptcy judge in Chicago...
Read more
received a temporary reprieve on Wednesday from
bondholder lawsuits seeking up to $11.4 billion after a U.S.
bankruptcy judge in Chicago...
Read more
Pakistan shares hit record high after inclusion in MSCI's EM index
KARACHI, June 15 (Reuters) - Pakistan stocks hit a record
closing high on Wednesday, after the country's stock market was
upgraded overnight and included in the MSCI's emerging market
index.
Read more
closing high on Wednesday, after the country's stock market was
upgraded overnight and included in the MSCI's emerging market
index.
Read more
BUZZ-Berkeley: top FTSE loser as Brexit fears hit house reservations
** Berkeley Group -c.2% & biggest loser on the FTSE
100 loser with London-focused housebuilder pointing to a
20% drop in new home reservations in the run-up to EU vote
Read more
100 loser with London-focused housebuilder pointing to a
20% drop in new home reservations in the run-up to EU vote
Read more
BUZZ-Aveva: slumps after ending deal talks with Schneider
** Aveva down 17 pct at the open, after the British software
maker ends preliminary deal talks with Schneider Electric SE
Read more
maker ends preliminary deal talks with Schneider Electric SE
Read more
Britain's FTSE falls for fourth day in row as Brexit fears bite
LONDON, June 14 (Reuters) - Britain's top share index fell
for the fourth straight session on Tuesday after polls showed
the campaign for Britain to leave the European Union had widened
its lead...
Read more
for the fourth straight session on Tuesday after polls showed
the campaign for Britain to leave the European Union had widened
its lead...
Read more
UPDATE 1-Aveva says preliminary talks with France's Schneider Electric end
June 15 (Reuters) - British software maker Aveva Group Plc
said its preliminary discussions with Schneider Electric
SE had ended, without giving reasons for the
termination.
Read more
said its preliminary discussions with Schneider Electric
SE had ended, without giving reasons for the
termination.
Read more
Tuesday, June 14, 2016
Britain's FTSE falls for fourth day in row as Brexit fears grow
LONDON, June 14 (Reuters) - Britain's top share index fell
for the fourth straight session on Tuesday after polls showed
the campaign for Britain to leave the European Union had widened
its lead...
Read more
for the fourth straight session on Tuesday after polls showed
the campaign for Britain to leave the European Union had widened
its lead...
Read more
Go-Ahead shares plunge on Thameslink rail network problems
LONDON, June 14 (Reuters) - Transport group Go-Ahead
warned that margins on its largest British rail contract would
be only half what it had expected because of disruption caused
by track and...
Read more
warned that margins on its largest British rail contract would
be only half what it had expected because of disruption caused
by track and...
Read more
Pakistan shares hit record high ahead of likely inclusion in MSCI's EM index
KARACHI, June 14 (Reuters) - Pakistan stocks closed at a
record high on Tuesday as expectations rose that the country's
stock market would be included in the MSCI's emerging market
index by...
Read more
record high on Tuesday as expectations rose that the country's
stock market would be included in the MSCI's emerging market
index by...
Read more
BRIEF-Shares in Italy merger partners BPM, Banco Popolare down sharply
* Sector falls as investors favour safer assets ahead of
Britain's vote over European Union membership next week
Read more
Britain's vote over European Union membership next week
Read more
UPDATE 2-Novo diabetes drug cuts heart risks by less-than-hoped 13 pct
* Investors had hoped for bigger benefit, shares off 5 pct
(Adds further reaction, latest shares)
Read more
(Adds further reaction, latest shares)
Read more
Britain's FTSE knocked back by Brexit worries, though Ashtead advances
LONDON, June 14 (Reuters) - London-listed shares fell for
the fourth straight session on Tuesday after two polls showed
the campaign for Britain to leave the European Union had widened
its lead over...
Read more
the fourth straight session on Tuesday after two polls showed
the campaign for Britain to leave the European Union had widened
its lead over...
Read more
BUZZ-Ashtead: top of FTSE after strong results, buyback plans
** Ashtead Group +2% & top FTSE 100 gainer
after industrial equipment hire co posts higher FY PBT &
announces share buyback of up to 200 mln stg for 2016/17
Read more
after industrial equipment hire co posts higher FY PBT &
announces share buyback of up to 200 mln stg for 2016/17
Read more
BRIEF-Shares in Premier Farnell open up 48 pct after it agrees to be bought
* Shares in Premier Farnell open up 48 pct after Daetwyler
Holding AG agrees to buy company
Further company coverage:
(Bengaluru Newsroom: +91 80 6749 1136)
Read more
Holding AG agrees to buy company
Further company coverage:
(Bengaluru Newsroom: +91 80 6749 1136)
Read more
UPDATE 1-Chinese search giant Baidu lowers revenue forecast, shares fall
June 13 (Reuters) - Chinese online search giant Baidu Inc
cut its revenue forecast for the current quarter,
saying regulatory scrutiny into healthcare and related ads was
hurting its advertising...
Read more
cut its revenue forecast for the current quarter,
saying regulatory scrutiny into healthcare and related ads was
hurting its advertising...
Read more
Monday, June 13, 2016
Chinese search engine giant Baidu cuts revenue forecast
June 13 (Reuters) - Chinese online search giant Baidu Inc
slashed its current-quarter revenue forecast, saying
many of its healthcare customers had cut or delayed advertising
spending due to the...
Read more
slashed its current-quarter revenue forecast, saying
many of its healthcare customers had cut or delayed advertising
spending due to the...
Read more
UPDATE 1-Revance to stop developing crow's feet drug after trial failure
June 13 (Reuters) - Revance Therapeutics Inc said
it would discontinue the development of its drug to treat crow's
feet after the topical gel failed a late-stage study.
Read more
it would discontinue the development of its drug to treat crow's
feet after the topical gel failed a late-stage study.
Read more
UPDATE 2-U.S. firearm makers' shares jump after Orlando shooting
June 13 (Reuters) - Shares of U.S. firearm makers surged on
Monday as renewed fears of tighter gun control after the
deadliest mass shooting in U.S. history led to expectations of a
spike in firearm...
Read more
Monday as renewed fears of tighter gun control after the
deadliest mass shooting in U.S. history led to expectations of a
spike in firearm...
Read more
Brexit concerns weigh on FTSE as two top banks back UK equities
LONDON, June 13 (Reuters) - Britain's blue-chip shares index
fell for the third day in a row on Monday but outperformed other
European bourses, as widespread unease about the country's
looming...
Read more
fell for the third day in a row on Monday but outperformed other
European bourses, as widespread unease about the country's
looming...
Read more
UPDATE 1-France's Schneider Electric sets sight on UK's Aveva again
June 13 (Reuters) - Aveva Group Plc said it received
a revised, conditional proposal from Schneider Electric SE
, six months after the French company pulled out of a
deal to buy a majority of the...
Read more
a revised, conditional proposal from Schneider Electric SE
, six months after the French company pulled out of a
deal to buy a majority of the...
Read more
UPDATE 1-G4S shares slide on news Florida gunman was employee
LONDON, June 13 (Reuters) - G4S shares fell as much
as 8 percent on Monday after the disclosure that one of its
employees was the gunman who killed 49 people at a packed gay
nightclub in Florida.
Read more
as 8 percent on Monday after the disclosure that one of its
employees was the gunman who killed 49 people at a packed gay
nightclub in Florida.
Read more
France's Schneider Electric sets sight on UK's Aveva again
June 13 (Reuters) - Aveva Group Plc said it received
a revised, conditional proposal from Schneider Electric
, six months after the French company pulled out of a
deal buy a majority of the British...
Read more
a revised, conditional proposal from Schneider Electric
, six months after the French company pulled out of a
deal buy a majority of the British...
Read more
Brexit concerns weigh on FTSE as 2 top banks back UK equities
LONDON, June 13 (Reuters) - Britain's blue-chip shares index
fell on Monday but outperformed other European bourses, as
widespread unease about the country's looming European Union
membership vote...
Read more
fell on Monday but outperformed other European bourses, as
widespread unease about the country's looming European Union
membership vote...
Read more
Firearm makers' shares rise after Orlando mass shooting
June 13 (Reuters) - Shares of firearm makers rose in
premarket trading on Monday, after the deadliest mass shooting
in U.S. history sparked renewed fears of potential gun control.
Read more
premarket trading on Monday, after the deadliest mass shooting
in U.S. history sparked renewed fears of potential gun control.
Read more
UPDATE 1-Marinus tanks as adult focal onset seizure drug fails late stage
June 13 (Reuters) - Marinus Pharmaceuticals Inc
said it plans to stop development of its treatment for
drug-resistant focal onset seizures in adults after it failed a
late-stage trial, sending the...
Read more
said it plans to stop development of its treatment for
drug-resistant focal onset seizures in adults after it failed a
late-stage trial, sending the...
Read more
G4S shares slide on news that Florida gunman was employee
LONDON, June 13 (Reuters) - News that a G4S employee
was the gunman who killed 50 people at a packed gay nightclub in
Florida wiped almost 200 million pounds ($282.80 million) off
the value of the...
Read more
was the gunman who killed 50 people at a packed gay nightclub in
Florida wiped almost 200 million pounds ($282.80 million) off
the value of the...
Read more
Pakistan shares end higher ahead of MSCI announcement
KARACHI, Pakistan, June 13 (Reuters) - Pakistani stocks
closed higher on Monday in a volatile trading session ahead of a
much-anticipated MSCI announcement on whether the bourse would
be reclassified...
Read more
closed higher on Monday in a volatile trading session ahead of a
much-anticipated MSCI announcement on whether the bourse would
be reclassified...
Read more
Deutsche and JP Morgan stay overweight UK equities even as Brexit fears mount
LONDON, June 13 (Reuters) - Strategists at Deutsche Bank and
JP Morgan backed staying "overweight" on UK equities on Monday,
even as fears over Britain's vote next week on its membership of
the...
Read more
JP Morgan backed staying "overweight" on UK equities on Monday,
even as fears over Britain's vote next week on its membership of
the...
Read more
Britain's FTSE shrugs off Brexit concerns as investment banks back UK equities
LONDON, June 13 (Reuters) - UK shares eased on Monday as
concerns surrounding Britain's vote on European Union membership
weighed on European markets, though Britain's blue-chip FTSE 100
...
Read more
concerns surrounding Britain's vote on European Union membership
weighed on European markets, though Britain's blue-chip FTSE 100
...
Read more
BRIEF-Italian banking shares fall at open
* Italy's banking share index is down 2.9 percent by 0717
GMT with Banca Monte dei Paschi falling 3.7 percent and Banca
Carige 4 percent, UniCredit sheds 3.2 percent
Read more
GMT with Banca Monte dei Paschi falling 3.7 percent and Banca
Carige 4 percent, UniCredit sheds 3.2 percent
Read more
Sunday, June 12, 2016
S.Korea bonds see foreign inflows for 3rd mth in May, stocks sold
SEOUL, June 13 (Reuters) - South Korean bonds saw inflows
from foreign investors for a third straight month in May,
official data released on Monday showed, while foreigners turned
sellers of South...
Read more
from foreign investors for a third straight month in May,
official data released on Monday showed, while foreigners turned
sellers of South...
Read more
Friday, June 10, 2016
UPDATE 2-Shares in Dutch discount gym slide at launch
AMSTERDAM, June 10 (Reuters) - Shares in Dutch discount gym
chain Basic-Fit fell when it launched its initial
public offering on Friday, despite being priced at the bottom of
its pre-offer range.
Read more
chain Basic-Fit fell when it launched its initial
public offering on Friday, despite being priced at the bottom of
its pre-offer range.
Read more
UPDATE 1-UniCredit won't be rushed into choosing new CEO - chairman
MILAN, June 10 (Reuters) - UniCredit, Italy's
biggest bank by assets, will not appoint a new chief executive
to replace Federico Ghizzoni before the end of July, the bank's
chairman said on Friday,...
Read more
biggest bank by assets, will not appoint a new chief executive
to replace Federico Ghizzoni before the end of July, the bank's
chairman said on Friday,...
Read more
UPDATE 1-Lufthansa shares hit as CFO leaves for pharma firm
* Lufthansa shares down 5.5 pct, biggest Dax faller
(Recasts, adds details, shares, analyst comment)
Read more
(Recasts, adds details, shares, analyst comment)
Read more
UPDATE 1-MTN agrees to reduced $1.67 bln Nigeria fine, shares jump
JOHANNESBURG, June 10 (Reuters) - MTN Group has
agreed to pay a reduced fine of 330 billion naira ($1.67
billion) in a settlement with the Nigerian government, it said
on Friday, sending shares in...
Read more
agreed to pay a reduced fine of 330 billion naira ($1.67
billion) in a settlement with the Nigerian government, it said
on Friday, sending shares in...
Read more
UPDATE 2-BP and Det norske agree $1.3 bln Norwegian oil merger
* Det norske shares jump 8 pct, BP's little changed
(Adds BP CEO quote, fund manager, analysts, detail, background)
Read more
(Adds BP CEO quote, fund manager, analysts, detail, background)
Read more
Pakistan shares end lower; MSCI inclusion weighs
KARACHI, June 10 (Reuters) - Pakistan stocks closed lower on
Friday on foreign selling and anxiety over whether the country's
stock market would be included as an emerging market in the MSCI
index...
Read more
Friday on foreign selling and anxiety over whether the country's
stock market would be included as an emerging market in the MSCI
index...
Read more
UPDATE 2-Air NZ sale of 20 pct Virgin Australia stake to Chinese firm stirs political debate
* Deal stokes political debate on foreign ownership
(Recasts throughout, adds comment, shares)
Read more
(Recasts throughout, adds comment, shares)
Read more
Britain's FTSE falters as financial and commodity stocks fall
LONDON, June 10 (Reuters) - Britain's top shares index fell
on Friday, hit by a drop in major financial and commodity
stocks, while lingering uncertainty over the country's vote this
month on...
Read more
on Friday, hit by a drop in major financial and commodity
stocks, while lingering uncertainty over the country's vote this
month on...
Read more
Thursday, June 9, 2016
UPDATE 2-U.S. reviewing suspension complaints in Tesla Model S cars
WASHINGTON, June 9 (Reuters) - A federal regulator said on
Thursday it is reviewing reports of suspension problems in Tesla
Motors Inc's Model S sedans, and is investigating
whether the company urged...
Read more
Thursday it is reviewing reports of suspension problems in Tesla
Motors Inc's Model S sedans, and is investigating
whether the company urged...
Read more
Pakistan shares close lower on profit-taking
KARACHI, June 9 (Reuters) - Pakistan stocks closed lower on
Thursday on profit-taking as investors cashed in after the index
saw a two-day high, dealers said.
Read more
Thursday on profit-taking as investors cashed in after the index
saw a two-day high, dealers said.
Read more
Mining stocks snap FTSE's winning streak
LONDON, June 9 (Reuters) - Britain's top share index fell on
Thursday after previously gaining for four sessions in a row,
with a sharp decline in commodities prices putting pressure on
mining and...
Read more
Thursday after previously gaining for four sessions in a row,
with a sharp decline in commodities prices putting pressure on
mining and...
Read more
UPDATE 1-Restoration Hardware slumps to record-low after weak forecast
June 9 (Reuters) - Restoration Hardware Inc's shares
plunged 21 percent to hit a record-low on Thursday as the luxury
furniture retailer's bleak forecast spooked investors and
prompted a slew of...
Read more
plunged 21 percent to hit a record-low on Thursday as the luxury
furniture retailer's bleak forecast spooked investors and
prompted a slew of...
Read more
UPDATE 4-Vodafone to merge New Zealand unit with Sky Network in $2.4 bln deal
* Deal subject to regulatory clearance; Sky shares jump
(Recasts, add Vodafone shares, ownership and competition
details)
Read more
(Recasts, add Vodafone shares, ownership and competition
details)
Read more
UPDATE 1-J.M. Smucker sales beat as demand rises for coffee, pet foods
June 9 (Reuters) - J.M. Smucker Co's quarterly net
sales jumped 25 percent, beating analysts' estimates, as demand
rose for its Folgers and Dunkin' Donuts branded coffee
and the company benefited...
Read more
sales jumped 25 percent, beating analysts' estimates, as demand
rose for its Folgers and Dunkin' Donuts branded coffee
and the company benefited...
Read more
Housebuilders snap UK FTSE's winning streak
LONDON, June 9 (Reuters) - Britain's FTSE 100 was set to
snap a four day winning streak on Thursday, hit by a fall in
property stocks after data showed house prices were set to fall
for the first...
Read more
snap a four day winning streak on Thursday, hit by a fall in
property stocks after data showed house prices were set to fall
for the first...
Read more
UPDATE 1-AstraZeneca sells rights to anaesthetics for up to $770 mln
* Aspen shares jump 10 percent, AstraZeneca stock slips
(Adds context on externalisation drive, market reaction)
Read more
(Adds context on externalisation drive, market reaction)
Read more
UPDATE 2-DONG Energy shares jump after biggest European IPO this year
* 17 bln crowns raised for Danish state, Goldman consortium
(Adds Chairman, analyst comment, shares, background)
Read more
(Adds Chairman, analyst comment, shares, background)
Read more
BRIEF-Essentra shares open down 22 percent after co warns on fy results
* Shares open down 22 percent after co warns on fy results
Further company coverage:
(Bengaluru Newsroom: +91 80 6749 1136)
Read more
Further company coverage:
(Bengaluru Newsroom: +91 80 6749 1136)
Read more
UPDATE 1-Essentra sees lower full-year adjusted operating profit
June 9 (Reuters) - Essentra Plc, a supplier of
speciality plastic and packaging components, warned of lower
full-year adjusted operating profit, citing challenging market
conditions in filter...
Read more
speciality plastic and packaging components, warned of lower
full-year adjusted operating profit, citing challenging market
conditions in filter...
Read more
Wednesday, June 8, 2016
UPDATE 1-Tesla CEO says may source Samsung battery for energy storage products
* Samsung SDI shares rebound on Thursday after Musk's tweet
(Recasts first paragraph with Tesla CEO's latest tweet on
non-car batteries)
Read more
(Recasts first paragraph with Tesla CEO's latest tweet on
non-car batteries)
Read more
U.S. judge says may be too late to halt lawsuits against Caesars
CHICAGO, June 8 (Reuters) - A U.S. bankruptcy judge said on
Wednesday he must look deeper into whether he has the authority
to halt bondholder lawsuits against Caesars Entertainment Corp
in New York...
Read more
Wednesday he must look deeper into whether he has the authority
to halt bondholder lawsuits against Caesars Entertainment Corp
in New York...
Read more
UPDATE 2-Vodafone grabs control of Sky NZ in $2.4 bln merger
WELLINGTON, June 9 (Reuters) - Britain's Vodafone Group Plc
on Thursday announced an effective takeover of leading
New Zealand pay TV provider Sky Network Ltd in a NZ$3.4
billion ($2.42 billion)...
Read more
on Thursday announced an effective takeover of leading
New Zealand pay TV provider Sky Network Ltd in a NZ$3.4
billion ($2.42 billion)...
Read more
Britain's FTSE steadies, underpinned by commodities
* British industrial output grows
(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
EXCLUSIVE-Penn West asset sale draws at least four bids -sources
TORONTO, June 8 (Reuters) - Canadian energy producer Penn
West Petroleum Ltd has received several bids
from companies for its Viking light oil assets as it races to
avoid a default, according to...
Read more
West Petroleum Ltd has received several bids
from companies for its Viking light oil assets as it races to
avoid a default, according to...
Read more
EXCLUSIVE-Penn West asset sale draws at least four bids -sources
TORONTO, June 8 (Reuters) - Canadian energy producer Penn
West Petroleum Ltd has received at least four
bids from companies for its Viking light oil assets as it races
to avoid a default, according...
Read more
West Petroleum Ltd has received at least four
bids from companies for its Viking light oil assets as it races
to avoid a default, according...
Read more
Britain's FTSE steadies, underpinned by commodities
* British industrial output grows
(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 hit yet another high
KARACHI, June 8 (Reuters) - Pakistan stocks climbed to yet
another high on Wednesday, led by energy and cement stocks,
dealers said.
Read more
another high on Wednesday, led by energy and cement stocks,
dealers said.
Read more
BUZZ-Workspace Group: Tops FTSE 250 as NAV beats expectations
** Workspace Group Plc, landlord for small
businesses, rises as much as 4.5 pct after co reports solid
results
Read more
businesses, rises as much as 4.5 pct after co reports solid
results
Read more
Britain's FTSE steadies, underpinned by commodities
LONDON, June 8 (Reuters) - Britain's top share index
steadied in morning trade on Wednesday, with a recovery in
commodities prices underpinning basic resources and energy
stocks.
Read more
steadied in morning trade on Wednesday, with a recovery in
commodities prices underpinning basic resources and energy
stocks.
Read more
Tuesday, June 7, 2016
UPDATE 1-Lending Club delays annual meeting in wake of CEO resignation
NEW YORK, June 7 (Reuters) - Lending Club Corp
delayed its annual meeting on Tuesday, saying it was not ready
to provide stockholders with a complete report on the state of
the company after its...
Read more
delayed its annual meeting on Tuesday, saying it was not ready
to provide stockholders with a complete report on the state of
the company after its...
Read more
UPDATE 3-Elliott Management takes stake in PulteGroup-CNBC
June 7 (Reuters) - Elliott Management Corp, the hedge fund
founded by billionaire Paul Singer, has taken a stake in U.S.
homebuilder PulteGroup Inc, CNBC reported on Tuesday
citing sources.
Read more
founded by billionaire Paul Singer, has taken a stake in U.S.
homebuilder PulteGroup Inc, CNBC reported on Tuesday
citing sources.
Read more
Britain's FTSE rises for third day as energy stocks climb
LONDON, June 7 (Reuters) - Britain's benchmark share index
chalked up its third straight day of gains on Tuesday, as a rise
in oil and energy shares offset weaker mining stocks.
Read more
chalked up its third straight day of gains on Tuesday, as a rise
in oil and energy shares offset weaker mining stocks.
Read more
Elliott Management takes stake in homebuilder PulteGroup-CNBC
June 7 (Reuters) - Elliott Management Corp, the hedge fund
founded by billionaire Paul Singer, has taken a stake in U.S.
homebuilder PulteGroup Inc, CNBC reported on Tuesday
citing sources.
Read more
founded by billionaire Paul Singer, has taken a stake in U.S.
homebuilder PulteGroup Inc, CNBC reported on Tuesday
citing sources.
Read more
UPDATE 1-Retailer Ralph Lauren to cut jobs, shut shops, lower real estate
June 7 (Reuters) - Luxury fashion retailer Ralph Lauren Corp
said it would cut jobs, close stores and reduce its real
estate as part of a sweeping plan to lower costs and revive
sales growth.
Read more
said it would cut jobs, close stores and reduce its real
estate as part of a sweeping plan to lower costs and revive
sales growth.
Read more
UPDATE 1-Zimmer to buy LDR in $1 bln deal to beef up spine offerings
June 7 (Reuters) - Medical device maker Zimmer Biomet
Holdings Inc said it would buy LDR Holding Corp
in a deal valued at about $1 billion to bolster its offerings
for spine disorders.
Read more
Holdings Inc said it would buy LDR Holding Corp
in a deal valued at about $1 billion to bolster its offerings
for spine disorders.
Read more
UPDATE 1-Biogen's MS drug misses main goal in mid-stage study
June 7 (Reuters) - Biogen Inc's keenly watched
experimental drug for treating multiple sclerosis, a nervous
system disease affecting the brain and the spinal cord, did not
meet the main goal of...
Read more
experimental drug for treating multiple sclerosis, a nervous
system disease affecting the brain and the spinal cord, did not
meet the main goal of...
Read more
Commodity strength lifts Britain's FTSE again
LONDON, June 7 (Reuters) - Commodity-related stocks rose
again to give Britain's top share index a lift on Tuesday, after
the market took heart from signs that the U.S. Federal Reserve
would likely...
Read more
again to give Britain's top share index a lift on Tuesday, after
the market took heart from signs that the U.S. Federal Reserve
would likely...
Read more
UPDATE 1-Samsung SDI making progress in talks with Tesla to supply batteries -source
* SDI to be supplier if Tesla sales beat expectations
-source
(Adds share reaction and comments from source)
Read more
-source
(Adds share reaction and comments from source)
Read more
UPDATE 2-Sarepta says FDA asks for more data for its muscle-wasting treatment
June 6 (Reuters) - Sarepta Therapeutics Inc said
the U.S. Food and Drug Administration has requested for
additional data from an ongoing study for its muscle-wasting
treatment as the agency decides...
Read more
the U.S. Food and Drug Administration has requested for
additional data from an ongoing study for its muscle-wasting
treatment as the agency decides...
Read more
Samsung SDI making progress in talks with Tesla to supply batteries -source
SEOUL, June 7 (Reuters) - Samsung SDI is making
progress in talks with Tesla Motors to supply batteries
for the U.S. automaker's Model 3 electric car as well as its
energy storage products, a source...
Read more
progress in talks with Tesla Motors to supply batteries
for the U.S. automaker's Model 3 electric car as well as its
energy storage products, a source...
Read more
Monday, June 6, 2016
UPDATE 1-Alexion shares slump as drug misses goal in late-stage trial
June 6 (Reuters) - Alexion Pharmaceuticals Inc said
its drug Soliris, already approved in the United States for the
treatment of two rare blood disorders, missed its primary goal
in a late-stage...
Read more
its drug Soliris, already approved in the United States for the
treatment of two rare blood disorders, missed its primary goal
in a late-stage...
Read more
Sarepta says FDA asks for more data for its muscle-wasting treatment
June 6 (Reuters) - Sarepta Therapeutics Inc said
the U.S. Food and Drug Administration has requested for
additional data for its muscle-wasting treatment as the agency
decides whether to approve the...
Read more
the U.S. Food and Drug Administration has requested for
additional data for its muscle-wasting treatment as the agency
decides whether to approve the...
Read more
U.S. funds buying in to energy sector's latest bull market: sand
NEW YORK, June 6 (Reuters) - With new signs of life in U.S.
oil fields as the price of crude has climbed back above $50 a
barrel, fund managers are upping their bets on an unheralded
aspect of the...
Read more
oil fields as the price of crude has climbed back above $50 a
barrel, fund managers are upping their bets on an unheralded
aspect of the...
Read more
Best Buy CEO nearly halves stake in company, shares fall
June 6 (Reuters) - Best Buy Co Inc's shares fell as
much as 5 percent on Monday after Chief Executive Hubert Joly
cut his stake in the electronics retailer by about 44 percent,
two weeks after the...
Read more
much as 5 percent on Monday after Chief Executive Hubert Joly
cut his stake in the electronics retailer by about 44 percent,
two weeks after the...
Read more
FTSE gains as UK mining index hits one-month high
LONDON, June 6 (Reuters) - Britain's top share index climbed
on Monday, with a rally in metals prices boosting the UK mining
index to a one-month high, although housebuilders fell on
concerns...
Read more
on Monday, with a rally in metals prices boosting the UK mining
index to a one-month high, although housebuilders fell on
concerns...
Read more
UPDATE 1-Estácio becomes prey in growing wave of Brazil education M&A
SAO PAULO, June 6 (Reuters) - Estácio Participações SA has
gone from predator to prey, as a recent share slump left
Brazil's No. 2 for-profit college operator vulnerable to
unsolicited takeover bids...
Read more
gone from predator to prey, as a recent share slump left
Brazil's No. 2 for-profit college operator vulnerable to
unsolicited takeover bids...
Read more
Pakistan shares end higher; rupee weaker, o/n rate up
KARACHI, June 6 (Reuters) - Pakistan stocks rose to a record
high on Monday in anticipation of the country's stock market
being included as an emerging market in the MSCI index this
month, dealers...
Read more
high on Monday in anticipation of the country's stock market
being included as an emerging market in the MSCI index this
month, dealers...
Read more
Burberry woes see CEO's total pay plunge 75 pct
LONDON, June 6 (Reuters) - Burberry paid its chief
executive Christopher Bailey 75 percent less last year than in
the 2014-15 period after the British luxury brand failed to meet
its profit target,...
Read more
executive Christopher Bailey 75 percent less last year than in
the 2014-15 period after the British luxury brand failed to meet
its profit target,...
Read more
UPDATE 1-Italy's Banco Popolare $1.1 bln cash call makes solid start
MILAN, June 6 (Reuters) - Banco Popolare's 1
billion euro ($1.1 billion) cash call got off to a solid start
on Monday with a rise in the price of the "rights" to subscribe
to the offer needed for its...
Read more
billion euro ($1.1 billion) cash call got off to a solid start
on Monday with a rise in the price of the "rights" to subscribe
to the offer needed for its...
Read more
FTSE gains as UK mining index hits one-month high
LONDON, June 6 (Reuters) - Britain's top share index climbed
higher on Monday, with a rally in metals prices boosting the UK
mining index to a one-month high, although housebuilders fell on
concerns...
Read more
higher on Monday, with a rally in metals prices boosting the UK
mining index to a one-month high, although housebuilders fell on
concerns...
Read more
Britain's FTSE boosted by mining stocks
LONDON, June 6 (Reuters) - UK shares opened in positive
territory on Monday, led by a rise in commodity-related stocks
which tracked metals prices higher, though housebuilders fell on
concerns...
Read more
territory on Monday, led by a rise in commodity-related stocks
which tracked metals prices higher, though housebuilders fell on
concerns...
Read more
Rights to buy into Banco Popolare cash call plunge at open
MILAN, June 6 (Reuters) - The rights to buy into a 1 billion
euro ($1.1 billion) share issue at Italy's fourth-largest bank
Banco Popolare fell sharply at open on Monday, the
first day of the cash...
Read more
euro ($1.1 billion) share issue at Italy's fourth-largest bank
Banco Popolare fell sharply at open on Monday, the
first day of the cash...
Read more
UPDATE 1-Banco Bradesco faces shareholder lawsuit in U.S.
NEW YORK, June 3 (Reuters) - Banco Bradesco SA
was sued on Friday in a U.S. court by shareholders who accused
the Brazilian lender of fraudulently concealing its involvement
in a bribery scheme, its...
Read more
was sued on Friday in a U.S. court by shareholders who accused
the Brazilian lender of fraudulently concealing its involvement
in a bribery scheme, its...
Read more
CORRECTED-Brazil education group Ser Educacional offers merger with Estácio
RIO DE JANEIRO, June 5 (Reuters) - Ser Educacional SA
, a Brazilian for-profit education company, said on
Sunday it had made a non-binding offer to merge with Estácio
Participações SA, a larger rival...
Read more
, a Brazilian for-profit education company, said on
Sunday it had made a non-binding offer to merge with Estácio
Participações SA, a larger rival...
Read more
Friday, June 3, 2016
Banco Bradesco faces shareholder lawsuit in U.S.
NEW YORK, June 3 (Reuters) - Banco Bradesco SA
was sued on Friday in a U.S. court by shareholders who accused
it of concealing its involvement in a bribery scheme, an effort
to avoid a 3 billion...
Read more
was sued on Friday in a U.S. court by shareholders who accused
it of concealing its involvement in a bribery scheme, an effort
to avoid a 3 billion...
Read more
RPT-Colombia's Avianca surges on takeover reports
June 3 (Reuters) - Avianca Holdings SA's
U.S.-listed shares jumped as much as 23 percent on Friday after
reports that United Continental Holdings Inc and Delta
Air Lines Inc were weighing bids for...
Read more
U.S.-listed shares jumped as much as 23 percent on Friday after
reports that United Continental Holdings Inc and Delta
Air Lines Inc were weighing bids for...
Read more
Colombia's Avianca surges on takeover reports
June 3 (Reuters) - Avianca Holdings SA's
U.S.-listed shares jumped as much as 23 percent on Friday after
reports that United Continental Holdings Inc and Delta
Air Lines Inc were weighing bids for...
Read more
U.S.-listed shares jumped as much as 23 percent on Friday after
reports that United Continental Holdings Inc and Delta
Air Lines Inc were weighing bids for...
Read more
European stocks, bond yields fall after weak U.S. payrolls data
LONDON, June 3 (Reuters) - European stocks markets fell and
Germany's 10-year bond yield hit its lowest level this year
after weaker-than-expected U.S. jobs data on Friday prompted
investors to scale...
Read more
Germany's 10-year bond yield hit its lowest level this year
after weaker-than-expected U.S. jobs data on Friday prompted
investors to scale...
Read more
Pakistan shares end at record closing high; rupee strengthens
KARACHI, June 3 (Reuters) - Pakistani stocks hit an all-time
closing high for the second consecutive session on Friday, as
the bourse rallied ahead of expected concessions for industrial
sectors in...
Read more
closing high for the second consecutive session on Friday, as
the bourse rallied ahead of expected concessions for industrial
sectors in...
Read more
UPDATE 1-Italy's Banco Popolare shares hit new low after cash call priced
MILAN, June 3 (Reuters) - Shares in Italy's fourth-largest
lender, Banco Popolare, hit a new record low on Friday, a day
after it priced a 1 billion euro ($1.1 billion) underwritten
cash call,...
Read more
lender, Banco Popolare, hit a new record low on Friday, a day
after it priced a 1 billion euro ($1.1 billion) underwritten
cash call,...
Read more
UPDATE 1-Experimental drugs for compassionate use to sell only at cost: FDA
June 2 (Reuters) - The U.S. Food and Drug Administration
said companies could only charge patients for the cost of
manufacturing experimental treatments used under compassionate
grounds, and it...
Read more
said companies could only charge patients for the cost of
manufacturing experimental treatments used under compassionate
grounds, and it...
Read more
Britain's FTSE gets commodity boost ahead of U.S. jobs data
LONDON, June 3 (Reuters) - Britain's top share index rallied
on Friday, boosted by a rebound in commodity-related stocks,
with investors focused on a U.S. jobs report due later in the
day.
Read more
on Friday, boosted by a rebound in commodity-related stocks,
with investors focused on a U.S. jobs report due later in the
day.
Read more
Thursday, June 2, 2016
UPDATE 1-Banco Popolare rights issue seeks to calm Italy banking nerves
MILAN, June 2 (Reuters) - Italy's fourth-largest lender,
Banco Popolare, priced its planned 1 billion euro ($1
billion) share issue on Thursday at a 49 percent discount to its
current stock price, in...
Read more
Banco Popolare, priced its planned 1 billion euro ($1
billion) share issue on Thursday at a 49 percent discount to its
current stock price, in...
Read more
UPDATE 2-Brazil's Kroton plans unsolicited $937 mln bid for rival college Estácio
SAO PAULO, June 2 (Reuters) - Kroton Educacional SA, Latin
America's biggest for-profit education company, is preparing an
unsolicited offer for smaller rival Estácio Participações SA
, setting the...
Read more
America's biggest for-profit education company, is preparing an
unsolicited offer for smaller rival Estácio Participações SA
, setting the...
Read more
Drugmakers can't charge beyond making costs for compassionate use: FDA
June 2 (Reuters) - The U.S. Food and Drug Administration
said companies could only charge patients for the cost of
manufacturing experimental treatments used under compassionate
grounds, and it...
Read more
said companies could only charge patients for the cost of
manufacturing experimental treatments used under compassionate
grounds, and it...
Read more
Britain's FTSE edges lower as oil prices slip
LONDON, June 2 (Reuters) - Britain's top share index edged
lower Thursday, with companies such as National Grid and
Marks & Spencer falling after trading without the
attraction of their latest...
Read more
lower Thursday, with companies such as National Grid and
Marks & Spencer falling after trading without the
attraction of their latest...
Read more
Pakistan shares hit record closing high; rupee stronger, o/n rates fall
KARACHI, June 2 (Reuters) - Pakistani stocks ended
Thursday's session at an all-time closing high, a day ahead of
the government's announcement of the annual budget that is
expected to benefit...
Read more
Thursday's session at an all-time closing high, a day ahead of
the government's announcement of the annual budget that is
expected to benefit...
Read more
Britain's FTSE rises as banking stocks gain ground
LONDON, June 2 (Reuters) - Britain's benchmark share index
rose on Thursday, lifted by gains in major financial stocks,
although traders said the market's near-term progress would be
stymied by...
Read more
rose on Thursday, lifted by gains in major financial stocks,
although traders said the market's near-term progress would be
stymied by...
Read more
Banco Popolare shares fall ahead of cash call price
MILAN, June 2 (Reuters) - Shares in Banco Popolare
fell 1 percent in early trade on Thursday ahead of a board
meeting that will set the price of a 1 billion euro ($1 billion)
share issue needed to...
Read more
fell 1 percent in early trade on Thursday ahead of a board
meeting that will set the price of a 1 billion euro ($1 billion)
share issue needed to...
Read more
UPDATE 4-Oracle hit with whistleblower lawsuit over cloud accounting
June 1 (Reuters) - Oracle Corp was sued on
Wednesday by a former senior finance manager who claimed she was
terminated in retaliation for complaining about improper
accounting practices in Oracle's...
Read more
Wednesday by a former senior finance manager who claimed she was
terminated in retaliation for complaining about improper
accounting practices in Oracle's...
Read more
Wednesday, June 1, 2016
UPDATE 2-Cloud storage provider Box's billings growth slows
June 1 (Reuters) - Cloud storage provider Box Inc
reported better-than-expected quarterly revenue and profit but a
slowdown in billings growth pulled its shares down as much as 10
percent in...
Read more
reported better-than-expected quarterly revenue and profit but a
slowdown in billings growth pulled its shares down as much as 10
percent in...
Read more
Britain's FTSE dragged down by mining shares; Wolseley slumps
LONDON, June 1 (Reuters) - Britain's top share index
retreated from a one-month high on Wednesday, with Wolseley's
slumping after poor results and mining shares falling
after metals prices dropped.
Read more
retreated from a one-month high on Wednesday, with Wolseley's
slumping after poor results and mining shares falling
after metals prices dropped.
Read more
Miners hit Britain's FTSE index, Wolseley wobbles
LONDON, June 1 (Reuters) - Britain's top share index
retreated from a one-month high on Wednesday, with Wolseley's
slumping after poor results and commodities-related
stocks mirroring a sharp drop...
Read more
retreated from a one-month high on Wednesday, with Wolseley's
slumping after poor results and commodities-related
stocks mirroring a sharp drop...
Read more
Britain's FTSE stumbles as Wolseley wobbles
LONDON, June 1 (Reuters) - UK equities fell on Wednesday,
weighed down by a drop in Wolseley's shares after a
disappointing set of results and also a fall in British
housebuilders.
Read more
weighed down by a drop in Wolseley's shares after a
disappointing set of results and also a fall in British
housebuilders.
Read more
Pakistan shares close higher; rupee stronger, o/n rates rise
KARACHI, June 1 (Reuters) - Pakistan stocks snapped two
sessions of falls and closed more than 1 percent higher on
Wednesday, helped by foreign investment inflows, dealers said.
Read more
sessions of falls and closed more than 1 percent higher on
Wednesday, helped by foreign investment inflows, dealers said.
Read more
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