Sunday, July 31, 2016

China's GOME shares fall more than 6 pct after H1 profit warning

HONG KONG, Aug 1 (Reuters) - Shares of China's GOME

Electrical Appliances Holding slid more than 6 percent

on Monday in early Hong Kong trading after the company warned it

expects its first-half...

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RPT-Monte dei Paschi's last-ditch rescue plan faces high hurdles

* Crisis threatens Italian banking system, regional

contagion

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Monte dei Paschi's last-ditch rescue plan faces high hurdles

* Crisis threatens Italian banking system, regional

contagion

Read more

Friday, July 29, 2016

Italy's Monte dei Paschi says rescue plan backed by underwriters

MILAN, July 29 (Reuters) - Italian bank Monte dei Paschi di

Siena has secured underwriters to back a turnaround

plan involving the sale of 9.2 billion euros ($10.3 billion) in

bad loans and a 5...

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UPDATE 3-Air Canada's shares slide on capacity, fare concerns

July 29 (Reuters) - Air Canada shares fell 5 percent

on Friday after the country's largest airline posted

second-quarter results that raised concerns about downward

pressure on fares.

Read more

FTSE ends flat, breaks five-week winning streak as Pearson plunges

* But Barclays jumps after results

(Adds details, closing prices)

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UPDATE 3-Health insurer Cigna to look for M&A targets if Anthem deal fails

* Shares fall as much as 6.4 pct

(Adds conference call comments; updates shares)

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Big data firm Talend soars 54 pct in debut

July 29 (Reuters) - Shares of Talend SA, whose

software helps businesses crunch large amounts of data, jumped

54 percent in their U.S. debut, valuing the company at $773.7

million.

Read more

Seres drug for treating intestinal infection fails in study

July 29 (Reuters) - Seres Therapeutics Inc said its

experimental drug for preventing a bacterial infection of the

large intestine missed the main goal in a mid-stage study,

sending its shares down 74...

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UPDATE 1-Monte dei Paschi set to reject UBS-sponsored rescue plan

* Bank expected to fare poorly in stress test results on

Friday

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UPDATE 2-Worries over model switch overshadow strong Safran results

* Shares fall 5 percent

(Recasts with market reaction, adds CEO and analyst comments)

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UPDATE 2-Barclays shares jump as transAtlantic refocus starts to pay off

* Shares rise 6.7 pct by 0954 GMT

(Recasts, adds shares, investor and analyst quotes)

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UPDATE 2-ArcelorMittal shares jump after topping forecasts in buoyant quarter

* Shares rise as much as 5.2 pct to 11-month high

(Adds CFO comment, market reaction)

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BUZZ-Berendsen: worst day in nearly 5 yrs on slower rev growth rate

** Commercial laundry company Berendsen -5.5%, 3rd

top FTSE midcap loser & on track for worst day since Oct

2011 as it trades down from its life high

Read more

UPDATE 1-Spain's Banco Popular fires CEO, cuts costs as profit drops

* Bad loan ratio 12.32 percent vs 12.68 pct three months

before

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BUZZ-Essentra: top European loser on FY rev warning

** Essentra, a supplier of specialty plastic and

packaging components, -20%, top loser on Stoxx 600 index

& 2nd worst day on record

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Thursday, July 28, 2016

CORRECTED-UPDATE 2-Expedia revenue misses estimates, mulls listing for Trivago

July 28 (Reuters) - Expedia Inc reported

lower-than-expected quarterly revenue due to higher promotions

for its member loyalty program and discounts to promote new

hotel listings, sending the...

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UPDATE 3-Alphabet posts strong revenue on video market, stock surges

July 28 (Reuters) - Alphabet Inc, Google's parent,

posted a 21.3 percent increase in second-quarter revenue,

exceeding analysts' expectations, as the tech giant continued to

nudge its vast...

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Google-parent Alphabet revenue up 21.3 percent

July 28 (Reuters) - Google-parent Alphabet Inc

posted a 21.3 percent rise in second-quarter revenue, driven by

strong advertising sales on mobile devices and for video

content.

Read more

UPDATE 1-Facebook shares hit record high as it beats estimates again

July 28 (Reuters) - Facebook Inc is growing so fast

that analysts can't keep up.

Read more

FTSE edges down from 1-year high, earnings weigh

* AstraZeneca closes at a record high

(Adds detail and updates prices at close)

Read more

UPDATE 5-Thomson Reuters misses on revenue, reaffirms outlook

July 28 (Reuters) - Thomson Reuters Corp's

revenue missed Wall Street expectations on Thursday, pushing

down the stock more than 2 percent, but the news and information

company reaffirmed its...

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Record online orders boosts GrubHub revenue, shares soar

July 28 (Reuters) - GrubHub Inc's revenue increased

more than expected in the second quarter as a record number of

people used its service to order meals online, sending the

company's shares surging...

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UPDATE 2-AstraZeneca a bid target again? CEO says someone may spot value

* Novartis stock down 1.8 percent

(Adds latest AstraZeneca and Novartis shares)

Read more

UPDATE 3-Sales of flagship drug Revlimid drive Celgene profit; forecast raised

NEW YORK, July 28 (Reuters) - Celgene Corp raised

its 2016 profit forecast and exceeded expectations for

second-quarter earnings on Thursday on the strength of its

flagship multiple myeloma drug...

Read more

UPDATE 2-Profits at Finnish refiner Neste send shares to record high

HELSINKI, July 28 (Reuters) - State-controlled Finnish

refiner Neste more than tripled its second-quarter

profit due to strong margins at its conventional oil products

and renewables business,...

Read more

UPDATE 1-Oracle to buy NetSuite in $9.3 bln deal

July 28 (Reuters) - Oracle Corp said it would buy

NetSuite Inc in a deal valued at about $9.3 billion to

expand into the fast-growing cloud market.

Read more

UPDATE 2-JCDecaux to cut UK investments after Brexit vote

* Shares drop over 7 pct, biggest faller among French stocks

(Adds more comment from CEO on UK advertising market, bus

shelter contract)

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UPDATE 3-Turkey coup and disruption force Thomas Cook profit outlook cut

* CEO pledges to pay dividend

(Adds CEO quotes, dividend detail)

Read more

FTSE edges down from 1-year high, earnings weigh

LONDON, July 28 (Reuters) - Britain's top share index dipped

on Thursday after hitting a one-year high in the previous

session, with Smith & Nephew and Royal Dutch Shell falling after

poorly received...

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Pinewood, home to James Bond, to be sold for 323 million pounds

LONDON, July 28 (Reuters) - The owner of Britain's Pinewood

Studios, home of the world's most famous fictional special agent

James Bond, is set to be sold to a real estate fund for 323

million pound...

Read more

UPDATE 1-JCDecaux to cut investments in Britain after Brexit vote

PARIS, July 28 (Reuters) - French outdoor advertising

company JCDecaux is planning to reduce investments in

Britain following the country's vote to leave the European

Union, its co-chief executive...

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UPDATE 1-Rolls-Royce sticks to annual forecast as turnaround takes shape

LONDON, July 28 (Reuters) - British engineering company

Rolls-Royce stuck to its prediction that profit would

improve in the second-half of the year, as it said its

turnaround plan would deliver...

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BUZZ-Intu: 2nd top FTSE gainer as forecast hike eases Brexit concerns

** British shopping centre landlord Intu Properties

+3%, 2nd top FTSE 100 gainer & hits its

highest since Brexit vote concerns pulled down property stocks

Read more

UPDATE 1-U.S. Justice Dept probes Alere over Medicare, Medicaid billing

July 27 (Reuters) - Diagnostic-testing company Alere Inc

has received a U.S. Department of Justice subpoena

seeking patient-billing records related to Medicare, Medicaid

and Tricare, the company...

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Wednesday, July 27, 2016

UPDATE 3-Whole Foods price cuts dig into results as its fends off rivals

July 27 (Reuters) - Whole Foods Market Inc on

Wednesday gave a disappointing profit forecast and posted its

fourth straight quarter of same-store sales declines as

competition, deflation and its own...

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UPDATE 2-Whole Foods sees earnings for current quarter below views

July 27 (Reuters) - Whole Foods Market Inc on

Wednesday forecast earnings for the current quarter below Wall

Street's estimate, sending its shares down more than 3 percent

in after-hours trading.

Read more

GoPro revenue plunges 47 pct, but beats estimates

July 27 (Reuters) - GoPro Inc's quarterly revenue

plunged 47.4 percent, but beat analysts' estimates, which have

been sharply lowered on shrinking demand for the company's

body-mounted point-of-view...

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UPDATE 1-GoPro revenue plunges 47 pct, but beats estimates

July 27 (Reuters) - GoPro Inc's quarterly revenue

plunged 47.4 percent, but beat analysts' estimates, which have

been sharply lowered on shrinking demand for the company's

body-mounted point-of-view...

Read more

UK's FTSE 100 rises near 1-yr high, mid-caps claw back Brexit losses

LONDON, July 27 (Reuters) - Britain's top share index

climbed to its highest closing level in nearly a year on

Wednesday, with housebuilders among the top performers, while

mid-cap stocks touched...

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UPDATE 1-Publisher Torstar cuts dividend as loss widens, advertising down

TORONTO, July 27 (Reuters) - Torstar Corp slashed

its dividend and reported a wider second-quarter loss on

Wednesday, sending its shares lower, as the owner of one of

Canada's largest circulation...

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UPDATE 2-Nasdaq shares hit record as earnings top expectations

July 27 (Reuters) - Trans-Atlantic exchange operator Nasdaq

Inc posted stronger-than-expected quarterly results on

Wednesday as recent acquisitions helped boost its revenue,

sending its shares to a...

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Britain's mid-cap index recoups post-Brexit losses

LONDON, July 27 (Reuters) - Britain's domestically-focused

mid-cap equity index advanced on Wednesday to recoup all its

losses since the result of last month's shock vote in the United

Kingdom in...

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UPDATE 1-As iPhone sales stagnate, services promise growth for Apple

July 27 (Reuters) - Though Apple Inc is selling

enough iPhones to keep investors happy for now, the world's most

valuable publicly traded company is set increasingly to rely on

its apps and services...

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UPDATE 4-GlaxoSmithKline invests $360 mln in UK despite Brexit

* Weak pound could boost 2016 earnings by 19 percent

(Adds Q2 earnings, further CEO and analyst comment, latest

shares)

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Pakistan shares hit record closing high; rupee flat, o/n rates rise

KARACHI, July 27 (Reuters) - Pakistan stocks extended gains

for a second session to close at an all-time high on Wednesday,

on continued foreign investor inflows and positive sentiment

about...

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UPDATE 3-Japan's Itochu attacked by short-seller Glaucus, shares slide

* Itochu had biggest net profit of Japan trading houses last

year

Read more

UPDATE 1-Coca-Cola's revenue misses estimates; shares fall

July 27 (Reuters) - Coca-Cola Co reported

lower-than-expected quarterly revenue, citing difficult

conditions in many of its emerging and developing markets.

Read more

UPDATE 2-Airbus Group takes $1.5 bln hit for troop plane, A350 problems

* Shares up 4 percent as group keeps full-year targets

(Recasts after analysts' call, adds quotes, shares)

Read more

UPDATE 2-Deutsche Bank CEO warns of deeper cuts after quarterly revenue drop

* Shares fall 4.2 percent, biggest DAX decliner

(Adds CEO, CFO, analyst comments)

Read more

UPDATE 1-Tullow returns to profit as cost cuts, hedging pay off

* Shares open up more than 4 pct

(Adds detail, background, CEO, CFO and analyst comments,

shares)

Read more

UPDATE 1-Peugeot posts record earnings despite sales dip

* Pledges extra 200 mln euros of savings

(Adds company, analyst comments, detail, background)

Read more

UPDATE 1-St James's Place sees no Brexit impact after forecast-beating first half

* Shares up 6 pct, leading gainer on the FTSE 100

(Adds detail from statement, analyst quote, share reaction,

bullet points)

Read more

Germany's DAX recoups all of its losses post-Brexit vote

LONDON, July 27 (Reuters) - Germany's benchmark DAX

equity index climbed on Wednesday to recoup all the losses

incurred during the broader stock market pullback that followed

Britain's shock vote in...

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Tuesday, July 26, 2016

Itochu shares fall after Glaucus criticises accounting practice

TOKYO, July 27 (Reuters) - Shares of Japan's Itochu Corp

skidded after activist short-seller Glaucus Research

Group released a report early on Wednesday criticising the

Japanese trading company's...

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UPDATE 1-Tinder-owner Match Group users 'swipe left' on paid accounts

July 26 (Reuters) - Match Group Inc's dating

services such as Tinder, Match.com and OkCupid attracted

fewer-than-expected users for paid services in the second

quarter, which hit the company's...

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Recro Pharma's intravenous painkiller succeeds in trial, shares soar

July 26 (Reuters) - Recro Pharma Inc said an

intravenous version of its lead painkiller was successful in the

first of two pivotal late-stage trials, sending the company's

shares surging 50 percent...

Read more

UPDATE 2-Apple sells more iPhones than expected, shares jump after hours

July 26 (Reuters) - Apple Inc sold more iPhones

than Wall Street expected in the third quarter and forecast

revenue in the current period would top many analysts' targets,

soothing fears that demand...

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Tinder owner Match Group's revenue rises more than expected

July 26 (Reuters) - Match Group Inc, owner of

dating services Tinder, Match.com and OkCupid, reported a

bigger-than-expected increase in quarterly revenue as more

people signed up for paid...

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UPDATE 4-Mobileye split with Tesla spurs debate on self-driving tech

BENGALURU/DETROIT, July 26 (Reuters) - A rift between Tesla

Motors Inc and key supplier Mobileye NV sent

down shares of the Israeli maker of chips for the electric

vehicle maker's semi-automated...

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Britain's FTSE supported by positive company updates

LONDON, July 26 (Reuters) - Britain's top share index ended

slightly higher on Tuesday, driven by gains in lender Provident

Financial engineering firm GKN and BT,

though housebuilders fell after a...

Read more

UPDATE 3-Caterpillar shares up on earnings beat; cuts 2016 outlook

July 26 (Reuters) - Caterpillar Inc reported

better-than-expected second quarter earnings on Tuesday, lifting

its shares, but the heavy machinery maker also lowered its

full-year forecast amid...

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UPDATE 1-Mobileye shares sink on news Tesla contract won't be extended

BENGALURU/DETROIT, July 26 (Reuters) - A widening rift

between electric vehicle maker Tesla Motors Inc and

Mobileye NV sent shares of the Israeli maker of

driving-assistance chips and software...

Read more

UPDATE 2-Freeport-McMoRan to issue up to $1.5 bln of stock, shares fall

July 26 (Reuters) - Freeport-McMoRan Inc said on

Tuesday it plans to issue up to $1.5 billion of shares to help

cut debt as the U.S. miner and oil producer also reported a

slightly...

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Mobileye shares sink on news Tesla contract won't be extended

July 26 (Reuters) - Shares of Mobileye NV, an

Israeli maker of driving-assistance chips and software,

plummeted on Tuesday after the company said its contract with

Tesla Motors Inc would not be...

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UPDATE 1-McDonald's comparable sales growth misses estimates

July 26 (Reuters) - McDonald's Corp reported much

lower-than-expected quarterly sales growth at established

restaurants in the United States and the burger chain said it

faced "a challenging...

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UPDATE 1-Sportswear maker Under Armour's quarterly revenue jumps 28 pct

July 26 (Reuters) - Under Armour Inc's quarterly

revenue jumped nearly 28 percent, driven by strong demand for

its sports shoes endorsed by NBA star Stephen Curry and golfer

Jordan Spieth.

Read more

UPDATE 2-Virgin Money defers small business plans, checks costs after Brexit vote

* H1 underlying pretax profit up 53 pct to 101.8 million

pounds

Read more

UPDATE 1-Randstad's slowing sales in Britain, U.S. hit shares

AMSTERDAM, July 26 (Reuters) - Randstad, the

world's No. 2 staffing agency, on Tuesday reported 11 percent

higher core earnings in the second quarter, but its shares fell

more than 5 percent on...

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UPDATE 1-Orange shares fall on heightened price war in French mobile market

PARIS, July 26 (Reuters) - Orange shares fell on

Tuesday after second-quarter results from France's leading

telecoms operator highlighted pressure on profitability stemming

from a price war in the...

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China's Peak Sport says chairman offers $310 mln to take it private

HONG KONG, July 26 (Reuters) - The chairman of China's Peak

Sport Products, which sponsors several U.S. basketball

teams, plans to the take the company private for around $310

million, saying the...

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REFILE-Britain's FTSE boosted by BT and GKN

LONDON, July 26 (Reuters) - UK shares opened in positive

territory on Tuesday, driven by gains in engineering firm GKN

and BT, though UK housebuilders fell after a

series of price target cuts.

Read more

Monday, July 25, 2016

Wall St expects big helping of earnings from restaurants

SAN FRANCISCO, July 25 (Reuters) - Wall Street is expecting

a solid helping of earnings from McDonald's and other

restaurant operators that are preparing to serve up quarterly

results over the next...

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Short sellers flock to Nintendo as Pokemon aura fades

SAN FRANCISCO, July 25 (Reuters) - Bets that shares of

videogame maker Nintendo will fall have quadrupled in

the past week following a major rally sparked by the wild

popularity of its Pokemon GO...

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UPDATE 1-Texas Instruments forecasts strong 3rd qtr

July 25 (Reuters) - Texas Instruments Inc forecast

revenue and profit for the current quarter largely above

analysts' estimates, helped by strong demand for its chips used

in the automotive,...

Read more

Texas Instruments profit rises 12 pct

July 25 (Reuters) - Texas Instruments Inc reported a

12 percent rise in second-quarter profit, helped by strong

demand for its chips used in the automotive, industrial and

communications equipment...

Read more

UPDATE 1-Gilead cuts 2016 sales forecast, cites hepatitis C drugs

July 25 (Reuters) - Gilead Sciences Inc on Monday

lowered its full-year sales outlook, citing slower-than-expected

sales of its key hepatitis C drugs, and said second-quarter

profits fell 22 percent.

Read more

UPDATE 1-EverBank working with UBS to explore sale - Bloomberg

July 25 (Reuters) - Florida-based EverBank Financial Corp

is exploring a sale after receiving interest from a

potential buyer, Bloomberg reported on Monday, citing people

familiar with the matter.

Read more

UPDATE 2-Sprint revenue beats estimates as discounts attract subscribers

July 25 (Reuters) - Sprint Corp reported

better-than-expected first-quarter revenue on Monday as big

discounts helped it attract more postpaid subscribers, and the

No. 4 U.S. wireless carrier said it...

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FTSE ends lower after 11-month highs as energy shares weigh

LONDON, July 25 (Reuters) - Britain's top share index ended

lower after hitting an 11-month high on Monday, with a fall in

crude oil prices hurting energy stocks and weaker gold prices

and negative...

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UPDATE 2-Ericsson ousts CEO after poor results

* Search for CEO likely to take "many months" - chairman

(Recasts, adds detail, background, analysts, shares)

Read more

UPDATE 1-Apollo Global affiliates to take Outerwall private in $1.6 bln deal

July 25 (Reuters) - Outerwall Inc, the owner of

Redbox video rental kiosks, said it had agreed to be taken

private by affiliates of private equity firm Apollo Global

Management LLC in a deal valued...

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UPDATE 2-Market boost cushions Aberdeen as investors withdraw more funds

* Market, FX moves add 17.5 bln; shares recover, up 2 pct

(Recasts, updates shares, adds fresh analyst quote)

Read more

Pakistan shares end lower; rupee flat, o/n rates fall

KARACHI, July 25 (Reuters) - Pakistan stocks extended losses

for a second session on Monday on profit-taking in oil stocks

after a drop in global crude prices, dealers said.

Read more

Wanda Commercial says major shareholder China Life in favour of its delisting plan

HONG KONG, July 25 (Reuters) - China's Dalian Wanda

Commercial Properties Co Ltd said on Monday one of its

largest shareholders intends to approve the developer's Hong

Kong delisting proposal, as it...

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UPDATE 2-Nintendo shares dive as company plays down Pokemon GO's earnings impact

* Stock cheap given potential for other franchises -fund

manager

(Recasts and adds comments from analyst and fund manager)

Read more

Britain's FTSE touches fresh year-high, though Randgold Resources falls

LONDON, July 25 (Reuters) - British shares advanced on

Monday, briefly touching a fresh year-high, though Randgold

Resources tumbled following a cut in its production

forecast.

Read more

Sunday, July 24, 2016

Thai SCCC to buy Sri Lanka cement firm from LafargeHolcim unit for $374 mln

BANGKOK, July 25 (Reuters) - Siam City Cement Pcl (SCCC)

, Thailand's second-largest cement maker, said on

Monday it has signed a deal to buy a Sri Lankan cement company

from Holderfin B.V., a unit...

Read more

CORRECTED-UPDATE 1-Nintendo shares plunge, company says Pokemon GO's earnings impact limited

* Shares fall by as much as 18 pct, nearly down by daily

limit

Read more

Nintendo shares plunge; company says Pokemon GO's earnings impact limited

TOKYO, July 25 (Reuters) - Shares of Nintendo Co

tumbled as much as 16.5 percent early on Monday after the

company said smash-hit mobile game Pokemon GO would have only a

limited impact on its...

Read more

UPDATE 1-Randgold lowers Ivory Coast output forecast on power cuts

ABIDJAN, July 24 (Reuters) - Randgold Resources'

Tongon mine in Ivory Coast will have a slightly lower gold

output this year than previously expected mainly owing to an

erratic power supply, Chief...

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Polish chemicals firm Police says impairment hit H1 results

WARSAW, July 23 (Reuters) - Polish chemicals company ZCh

Police said late on Friday that impairment of 10.5

million euros related to its Senegal business hit the group's

financial results in the...

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Saturday, July 23, 2016

REFILE-UPDATE 1-S&P 500 companies start facing up to the potential Brexit costs

SAN FRANCISCO/NEW YORK, July 22 (Reuters) - U.S. companies,

facing investors in their first profit reporting season since

Great Britain voted to leave the European Union, are broadly

conceding that...

Read more

Friday, July 22, 2016

UPDATE 2-American Air defers aircraft delivery, profit beats estimates

* Forecasts 3.5-5.5 pct drop in 3rd-qtr RASM

(Adds details; updates shares)

Read more

Britain's FTSE gains on BoE stimulus expectations

* easyJet extends Thursday's losses

(Adds detail and quote, updates prices at close)

Read more

Silver Run takes majority stake in oil producer Centennial

July 22 (Reuters) - Silver Run Acquisition Corp,

run by energy industry veteran Mark Papa, said on Friday it had

taken a controlling stake in oil producer Centennial Resource

Development LLC, with...

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Pakistan shares close down; rupee stronger, o/n rates fall

KARACHI, July 22 (Reuters) - Pakistan stocks fell on

profit-taking on Friday, ahead of the results season, after

having hit an all-time high in the previous session, dealers

said.

Read more

RPT-S&P 500 companies start facing up to the potential Brexit costs

SAN FRANCISCO/NEW YORK, July 22 (Reuters) - U.S. companies,

facing investors in their first earnings reporting season since

Great Britain voted to leave the European Union, are broadly

conceding that...

Read more

Britain's FTSE recovers on BoE stimulus expectations

LONDON, July 22 (Reuters) - Britain's top share index edged

higher on Friday on hopes of further action from the country's

central bank following poor UK data, with companies including

Vodafone and...

Read more

Strong U.S. growth seen behind CRH earnings guidance boost

DUBLIN, July 22 (Reuters) - Irish building materials group

CRH said its first-half earnings likely grew 10

percent ahead of its previous guidance, an improvement analysts

attributed to strong...

Read more

UPDATE 3-Pokemon GO launches in Japan, bringing smash-hit game home

* Shares in Nintendo, launch partner McDonald's Japan climb

(Adds quotes, colour)

Read more

S&P 500 companies start facing up to the potential Brexit costs

SAN FRANCISCO/NEW YORK, July 22 (Reuters) - U.S. companies,

facing investors in their first earnings reporting season since

Great Britain voted to leave the European Union, are broadly

conceding that...

Read more

Thursday, July 21, 2016

UPDATE 2-Pokemon GO launches in Japan, bringing global smash-hit game home

* Shares in Nintendo, launch partner McDonald's Japan climb

(Recasts, adds details throughout)

Read more

Users say Pokemon GO launches in Japan, bringing hit home

TOKYO, July 22 (Reuters) - Nintendo Co Ltd's

Pokemon GO mobile game has launched in Japan, players said on

Friday, bringing the record-setting global hit to the home of

the Pokemon characters.

Read more

UPDATE 4-Starbucks cafe sales miss targets as growth cools, stock falls

July 21 (Reuters) - Starbucks Corp reported

quarterly cafe sales growth that fell short of expectations in

all major markets as customers made fewer visits, sending its

shares down almost 3 percent...

Read more

UPDATE 1-PayPal announces Visa partnership; earnings rise

July 21 (Reuters) - PayPal Holdings Inc on Thursday

showed strong growth in its online payments business, meeting

Wall Street expectations on earnings and announcing a

partnership with Visa Inc that...

Read more

UPDATE 4-Union Pacific profit falls, freight seen weak for rest of 2016

CHICAGO, July 21 (Reuters) - Union Pacific Corp on

Thursday posted a lower quarterly net profit that was hurt by

slumping freight volumes - especially coal - and warned the

strong U.S. dollar, soft...

Read more

UPDATE 2-Blackstone profit beats forecasts on real estate, energy

NEW YORK, July 21 (Reuters) - Blackstone Group LP,

the world's biggest alternative asset manager, posted

stronger-than-expected earnings on Thursday as gains in property

holdings and rebounding oil...

Read more

UPDATE 4-U.S. regulators sue to block Anthem-Cigna, Aetna-Humana insurer mergers

NEW YORK, July 21 (Reuters) - U.S. antitrust officials on

Thursday moved to block an unprecedented consolidation of the

national health insurance market, filing suit against Anthem

Inc's proposed...

Read more

Airline stocks drag down Britain's FTSE

* Ashtead gains on U.S. readacross

(Adds detail and quote, updates prices at close)

Read more

UPDATE 2-Biogen's profit easily beats Street view; CEO to leave

July 21 (Reuters) - Biogen Inc on Thursday reported

second quarter profit that blew past Wall Street estimates and

significantly raised its full-year earnings forecast, while

announcing that Chief...

Read more

UPDATE 3-Southwest Air forecasts drop in 3rd-qtr unit revenue, shares fall

* Shares fall as much as 11.3 pct

(Adds details; updates shares)

Read more

U.S. lender F.N.B. to buy Yadkin Financial in $1.4 bln deal

July 21 (Reuters) - U.S. regional lender F.N.B. Corp

said it would acquire peer Yadkin Financial Corp in an

all-stock deal valued at about $1.4 billion, the latest sign

that community bank mergers...

Read more

Pakistan shares hit record closing high; rupee weaker, o/n rates fall

KARACHI, July 21 (Reuters) - Pakistan stocks snapped two

sessions of losses to close at a record high on Thursday, on

continued foreign investor inflow, and gains led by cement and

auto sector...

Read more

INTERVIEW-Nike optimistic for sales rebound in North America

BERLIN, July 21 (Reuters) - Nike Inc expects sales

growth to recover in North America after a weak March-May

quarter, helped by the upcoming Olympics, an expansion of its

basketball business and...

Read more

UPDATE 3-EasyJet and Lufthansa flag turbulent summer for airlines

* EasyJet shares fall 6 percent, Lufthansa down 7.5 pct

(Recasts with more background, detail, updates shares)

Read more

UPDATE 1-AO World says Brexit vote hasn't hit sales

LONDON, July 21 (Reuters) - British online electricals

retailer AO World has not seen a drop in sales since the

country voted to leave the European Union on June 23, its boss

said on Thursday, adding...

Read more

UPDATE 2-Galenica to buy biotech firm Relypsa for $1.5 bln, ahead of split

* Galenica shares down 7 percent

(Adds analyst reaction, latest shares, advisers)

Read more

Airline stocks drag down Britain's FTSE

LONDON, July 21 (Reuters) - Britain's top share index

slipped on Thursday after four straight days of gains, with

airline stocks falling sharply after industry bellwethers

easyJet and Lufthansa...

Read more

UPDATE 2-Mattel beats sales estimates as Barbie makes a comeback

* Shares up 5.4 pct after hours

(Adds background, executive comments)

Read more

Wednesday, July 20, 2016

Mattel beats sales estimates as Barbie makes a comeback

July 20 (Reuters) - Mattel Inc, the largest U.S.

toymaker, reported better-than-expected quarterly sales, driven

by strong demand for its flagship Barbie dolls.

Read more

Britain's FTSE climbs to 11-month closing high as insurers rise

LONDON, July 20 (Reuters) - Britain's top shares index

climbed to its highest closing level in 11 months on Wednesday,

boosted by a rise in insurance stocks, although a slump in Anglo

American pushed...

Read more

Pakistan shares end lower; rupee stronger, o/n rates rise

KARACHI, July 20 (Reuters) - Pakistan stocks ended lower for

a second session on Wednesday, led by oil and gas stocks on

falls in oil prices overnight and in early Asian trade, and as

investors...

Read more

UPDATE 1-SunEdison looking to sell interests in unit Terraform Global

July 20 (Reuters) - Bankrupt solar company SunEdison Inc

is looking to sell its interests in Terraform Global

Inc, the "yieldco" said on Wednesday.

Read more

UPDATE 1-VW profit tops forecast, but takes another dieselgate hit

FRANKFURT, July 20 (Reuters) - Volkswagen said on Wednesday

its first-half operating profit beat expectations, helped by

cost cutting at its core VW brand and rising European car sales,

but announced...

Read more

Britain's FTSE rallies though miners lag

LONDON, July 20 (Reuters) - UK shares advanced on Wednesday,

supported by recent currency weakness and gains in healthcare

stocks, though miners fell after updates from Anglo American

and BHP...

Read more

UPDATE 3-Japanese gamers upset as hopes of Wednesday Pokemon GO launch dashed

* TechCrunch says Japan launch was due Wednesday but now

delayed

Read more

UBI denies any interest in buying Antonveneta from Monte Paschi

MILAN, July 20 (Reuters) - UBI Banca has never

considered buying Antonveneta from Monte dei Paschi di Siena

, a spokesman for the Italian bank said on Wednesday,

denying a press report.

Read more

European tech index hits 6-month high as SAP and ASML climb

LONDON, July 20 (Reuters) - Europe's technology shares index

climbed to its highest level since early January on Wednesday,

boosted by a rally in SAP and ASML after

both reported forecast-beating...

Read more

UPDATE 2-Nintendo stock loses ground on report of Pokemon GO delay for Japan

* TechCrunch says Japan launch was due Wednesday but now

delayed

Read more

BRIEF-Shares in Monte dei Paschi up 2 percent in early trade

* Shares up 2 percent in early trade after a 3.3 percent

drop on Tuesday

Read more

Tuesday, July 19, 2016

Nintendo shares fall 8 pct after doubling on Pokemon GO craze

TOKYO, July 20 (Reuters) - Shares in Nintendo Co

opened down 8 percent on Wednesday after the game operator more

than doubled its market value in the past seven sessions powered

by the...

Read more

UPDATE 2-Zafgen to scrap lead obesity drug, shares slide

July 19 (Reuters) - Zafgen Inc said it was

suspending the development of its lead obesity drug, beloranib,

more than six months after the U.S. Food and Drug Administration

asked the company to halt...

Read more

UPDATE 2-Netflix subscriber miss stirs doubts about growth plan

LOS ANGELES, July 19 (Reuters) - Netflix Inc's

disappointing second-quarter subscriber growth and forecast

raised questions about whether the streaming video pioneer can

pick up the pace of its...

Read more

UPDATE 1-Intuitive Surgical 2nd-quarter profit jumps past expectations

July 19 (Reuters) - Intuitive Surgical Inc on

Tuesday reported much higher than expected second-quarter

profit, driven by an increase in sales of its da Vinci surgical

robots and in procedures using...

Read more

Britain's FTSE pulls back from 11-month closing high

* Coca-Cola HBC gains after upgrade

(Adds detail and updates prices at close)

Read more

Fire in residential building in Turkey's Ankara under control -Turkish official

ANKARA, July 19 (Reuters) - A fire broke out at a

residential building in the Turkish capital Ankara but it has

been brought under control, a Turkish official said on Tuesday,

following reports on...

Read more

UPDATE 1-Lockheed Martin raises forecast as quarterly revenue beats

July 19 (Reuters) - Lockheed Martin Corp, Pentagon's

No. 1 weapons supplier, reported better-than-expected quarterly

revenue, as the company benefited from the acquisition of

helicopter maker...

Read more

Britain's FTSE pulls back from 11-month closing high

LONDON, July 19 (Reuters) - Britain's top share index fell

on Tuesday, easing back from an 11-month closing high, with

miners dropping after a production update from Rio Tinto.

Read more

UPDATE 1-J&J sales beat estimates; company raises forecast

July 19 (Reuters) - Diversified healthcare company Johnson &

Johnson reported a better-than-expected rise in

quarterly sales, helped by strength in its pharmaceuticals

business.

Read more

RPT-UPDATE 1-Nintendo's market cap doubles to $42 bln since Pokemon GO launch

TOKYO, July 19 (Reuters) - Shares of Japan's Nintendo Co

soared another 14 percent on Tuesday, more than

doubling the firm's market capitalisation to 4.5 trillion yen

($42.5 billion) in just seven...

Read more

South Africa's MTN flags lower H1 profit, shares slide

JOHANNESBURG, July 19 (Reuters) - Africa's biggest mobile

phone operator MTN Group flagged lower first-half

profit on Tuesday, blaming a hefty fine in Nigeria and sending

its shares sliding nearly 4...

Read more

UPDATE 1-AkzoNobel beats consensus, but Brexit and forex a worry

AMSTERDAM, July 19 (Reuters) - Dutch chemicals company

AkzoNobel beat analysts' second-quarter earnings

forecast on Tuesday, but warned the currency volatility and

deflationary pressures that...

Read more

UPDATE 1-Nintendo's market cap doubles to $42 bln since Pokemon GO launch

* Trading volume hits a new record in Tokyo

(Adds comments, updates prices)

Read more

Monday, July 18, 2016

UPDATE 1-SoftBank shares sink 10 pct after $32 bln ARM purchase

* Shares fall to 3-1/2-month low

(Updates with percentage fall, background on deal, debt)

Read more

SoftBank untraded with glut of sell orders after $32 bln ARM purchase

TOKYO, July 19 (Reuters) - Shares in SoftBank Group Corp

were untraded in Tokyo on Tuesday amid a glut of sell

orders, after the heavily indebted company said it would buy

Britain's ARM Holdings for...

Read more

Nintendo shares up more than 10 pct in early trade

TOKYO, July 19 (Reuters) - Shares of Japan's Nintendo Co

soared 10 percent in early trade on Tuesday, buoyed by

the ongoing popularity of its Pokemon GO mobile game.

Read more

Britain's FTSE hits 11-month closing high as ARM soars 41 pct

LONDON, July 18 (Reuters) - Britain's top equity index

touched an 11-month closing high on Monday, boosted by a surge

in shares of ARM Holdings after Japan's SoftBank Group agreed to

buy the chip...

Read more

UPDATE 1-Brainstorm's cell therapy succeeds in ALS mid-stage study

July 18 (Reuters) - Brainstorm Cell Therapeutics Inc

said its experimental cell therapy was safe and well

tolerated in patients with amyotrophic lateral sclerosis (ALS),

a progressive neurological...

Read more

UPDATE 3-Hasbro beats estimates on strong demand for Disney Princess dolls

* Shares fall as much as 7.6 pct

(Adds details, analyst comments; updates shares)

Read more

Brainstorm's cell therapy safe, well tolerated in ALS study

July 18 (Reuters) - Drug developer Brainstorm Cell

Therapeutics Inc said its experimental cell therapy was

found safe and well tolerated in patients with amyotrophic

lateral sclerosis (ALS), a...

Read more

Pakistan shares end higher; rupee steady, o/n rates fall

KARACHI, July 18 (Reuters) - Pakistan stocks recovered from

initial losses to close higher on Monday, buoyed by gains in

refinery stocks, dealers said.

Read more

UPDATE 2-Fragrance sales boost Givaudan's first-half profit, shares rise

* Shares rise more than 2 percent

(Adds CEO and analyst comments, share price reaction)

Read more

Sterling hits day's high after BoE Weale says unsure he would back rate cut

LONDON July 18 (Reuters) - Sterling rose to the day's high

on Monday while British stock markets trimmed gains after

outgoing Bank of England policymaker Martin Weale said he was

unsure if he would...

Read more

Britain's FTSE boosted by surge in ARM after SoftBank deal

LONDON, July 18 (Reuters) - UK shares opened higher on

Monday, buoyed by a jump in ARM Holdings' after Japan's

SoftBank Group Corp agreed to buy the British chip

designer.

Read more

Saturday, July 16, 2016

Friday, July 15, 2016

Pakistan shares end lower on profit-taking; rupee steady, o/n rates fall

KARACHI, July 15 (Reuters) - Pakistan stocks closed lower on

Friday after gaining for five consecutive sessions, mainly on

profit-taking, dealers said.

Read more

Britain's FTSE edges lower, travel stocks fall after Nice attack

LONDON, July 15 (Reuters) - Britain's top share index edged

lower on Friday, with mining and energy shares losing ground on

weaker commodities prices and travel-related stocks falling

after an attack...

Read more

UPDATE 1-Developer of Nintendo's Pokemon GO aiming for rollout to 200 markets soon

* Says regulations need to be considered in China

(Updates with Nintendo stock milestones, details)

Read more

Niantic wants to roll out Pokemon GO in 200 markets soon -CEO

TOKYO, July 15 (Reuters) - The head of the developer behind

Nintendo Co Ltd's Pokemon GO said he wanted to launch

the smash-hit mobile game in roughly 200 countries and regions

"relatively soon" and...

Read more

Thursday, July 14, 2016

REFILE-UPDATE 2-Japanese chat app Line Corp soars in New York-Tokyo dual listings

TOKYO, July 15 (Reuters) - Shares of Japanese messaging app

operator Line Corp surged almost 50 percent in

Tokyo on Friday after soaring as much as 36 percent in their

U.S. market debut, valuing the...

Read more

S&P 500's record highs held back by Apple's falling stock price

SAN FRANCISCO, July 15 (Reuters) - The S&P 500's multiple

record highs set this week after more than a year-long wait on

Wall Street would not have taken so long had Apple Inc,

the index's largest...

Read more

Line shares debut in Tokyo 48 pct above IPO price

TOKYO, July 15 (Reuters) - Line Corp shares opened

48 percent above their IPO price in their Tokyo debut on Friday

after the Japanese messaging app firm raised 115 billion yen

($1.1 billion) from a...

Read more

REFILE-UPDATE 1-Nintendo surges to hit 6-year high, Pokemon GO hits UK market

TOKYO, July 15 (Reuters) - Shares of Nintendo Co

jumped nearly 10 percent to a six-year high on Friday, extending

their rally since the launch of its Pokemon GO augmented reality

game and almost...

Read more

Nintendo shares hit 6-year high, up more than 80 pct in a week

TOKYO, July 15 (Reuters) - Shares of Nintendo Co

soared almost 10 percent early on Friday, extending their rally

since the launch of the Japanese company's hugely popular

Pokemon Go mobile game,...

Read more

Britain's FTSE 100 retreats from 11-month high after BoE holds rates

* FTSE 100 still below pre-Brexit level in U.S. dollar terms

(ADVISORY- Follow European and UK stock markets in real time on

the Reuters Live Markets blog on Eikon, see...

Read more

Japanese chat app operator Line Corp soars in New York debut

July 14 (Reuters) - Shares of Japanese messaging app

operator Line Corp soared as much as 36 percent in their

U.S. market debut on Thursday, valuing the high-profile tech

startup at $9.34 billion in...

Read more

SuperGroup says diversification means well placed to weather Brexit fallout

LONDON, July 14 (Reuters) - SuperGroup, the British

company behind the Superdry fashion brand, is well placed to

weather sterling's depreciation in the wake of the Brexit vote

thanks to its overseas...

Read more

Sterling soars, shares fall as Bank of England keeps rates unchanged

LONDON, July 14 (Reuters) - Sterling surged to two-week

highs against the dollar and euro on Thursday while British

share prices turned negative, after the Bank of England kept

interest rates...

Read more

Britain's FTSE 100 retreats from 11-month high after BoE holds rates

* FTSE 100 still below pre-Brexit level in U.S. dollar terms

(ADVISORY- Follow European and UK stock markets in real time on

the Reuters Live Markets blog on Eikon, see...

Read more

Britain's FTSE 100 rises to 11-month high with BoE set to cut rates

LONDON, July 14 (Reuters) - Britain's top shares index rose

on Thursday to an 11-month high, boosted by expectations of an

interest rate cut from the Bank of England.

Read more

Nintendo shares jump 9.5 pct on Pokemon GO phenomenon

TOKYO, July 14 (Reuters) - Shares in Nintendo Co

jumped as much as 9.5 percent in early trade on Thursday,

powered by ongoing hopes for its new Pokemon GO mobile game,

which has become an instant...

Read more

BRIEF-Italian banks rise in early trade, index up 2 pct

* UniCredit shares rise 4 percent, Monte dei Paschi up 3.7

percent, Intesa Sanpaolo up 1.9 percent

Further company coverage:

(Reporting by Milan newsroom)

Read more

Wednesday, July 13, 2016

UPDATE 2-Lower costs help CSX beat profit estimates; coal volumes down

CHICAGO, July 13 (Reuters) - CSX Corp, the

third-largest U.S. railroad, on Wednesday posted a lower

second-quarter net profit that beat expectations as lower costs

partly offset a 34 percent drop in...

Read more

FTSE eases from 11-month high as oil and housebuilders retreat

* Poundland shares up over 12 pct on M&A news

(Adds detail and quote, updates prices at close)

Read more

UPDATE 3-Teva says Allergan deal to close 'any time', expects U.S. antitrust clearance

NEW YORK/TEL AVIV, July 13 (Reuters) - Teva Pharmaceutical

Industries Ltd said on Wednesday it expected its $40

billion deal to buy Allergan Plc's generics business to

close "at any time," even as...

Read more

FTSE eases from 11-month high as housebuilders retreat

LONDON, July 13 (Reuters) - Britain's top share index edged

lower on Wednesday after climbing to an 11-month high in the

previous session, with housebuilders giving up some of their

recent gains and...

Read more

Credit Suisse upgrades non-London housebuilders, cuts utilities

LONDON, July 13 (Reuters) - Credit Suisse's equity

strategists upgraded non-London focused UK housebuilding stocks

while cutting back on European utilities as part of changes to

recommendations...

Read more

Britain's FTSE eases from 11-month high, Poundland surges

LONDON, July 13 (Reuters) - Britain's top share index edged

lower on Wednesday after climbing to an 11-month high in the

previous session, with housebuilders giving up some of their

recent gains and...

Read more

BRIEF-Italian banks turn lower after Chinese data weighs

* UniCredit shares pare earlier gains, turn negative, down

1.4 percent by 0744 GMT

Read more

BRIEF-UniCredit shares rise more than 4 pct after Pekao stake sale

* Shares in Italy's biggest bank by assets rise more than 4

percent on Wednesday after the lender says it had raised 749

million euros by placing a 10 percent stake in Polish subsidiary

Bank Pekao.

Read more

BRIEF-Poundland shares open 12.1 pct up after Steinhoff agrees to buy co

* Shares in Poundland open 12.1 percent up after Steinhoff agrees to buy co in a $794 mln

deal

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom)

Read more

Tuesday, July 12, 2016

UPDATE 4-Sage's drug for postpartum depression succeeds in mid-stage study

* Shares soar as much as 48 pct in early trading

(Adds CEO, analyst comments; updates shares)

Read more

Britain's FTSE to fall 7 pct by year-end on Brexit jitters-Reuters poll

LONDON, July 12 (Reuters) - Britain's blue-chip share index

will fall 7 percent by the end of this year amid concerns about

the health of the economy following last month's vote to leave

the European...

Read more

Pakistan shares hit record closing high; rupee flat, o/n rates fall

KARACHI, July 12 (Reuters) - Pakistan stocks rallied to a

record closing high on Tuesday on news a tax rebate would

benefit shariah-compliant companies, dealers said.

Read more

UPDATE 2-Clock ticking on $1.2 bln Chinese bid for Norway's Opera

OSLO, July 12 (Reuters) - A $1.24 billion takeover bid for

online browser and advertising company Opera Software

by a Chinese consortium was thrown into doubt on Tuesday when

the Norwegian company...

Read more

Britain's FTSE sets 11-month high, mid-caps outperform

LONDON, July 12 (Reuters) - Britain's top share index held

near an 11-month high on Tuesday while midcaps rose nearly 1

percent as domestic political uncertainty eased after Theresa

May was lined up...

Read more

Sage Therapeutics' postpartum depression drug succeeds in study

July 12 (Reuters) - Sage Therapeutics Inc said its

experimental drug to treat severe postpartum depression met the

main goal of alleviating symptoms more than a placebo in a

mid-stage study.

Read more

BRIEF-Shares in UniCredit halted from trading after 6.6 pct rise

* Shares in Italy's biggest bank by assets suspended from

trading after 6.6 percent rise

Read more

Britain's FTSE hits 11-month peak, miners lead

LONDON, July 12 (Reuters) - Britain's top share index held

near an 11-month high on Tuesday while midcaps rose nearly 1

percent as domestic political uncertainty eased after Theresa

May was set to...

Read more

UPDATE 1-Shire on a roll as U.S. approves keenly awaited eye drug

* Analysts see potential sales of $1 billion or more

(Adds analyst comments, shares, background)

Read more

REFILE-Britain's mid-caps outperform after Leadsom quits PM race

LONDON, July 11 (Reuters) - Britain's domestically-focused

mid-cap share index hit a two-week high on Monday, outperforming

the blue chip index, after Andrea Leadsom withdrew from the

contest to...

Read more

Monday, July 11, 2016

Pakistan shares end higher, erase Brexit losses

KARACHI, July 11 (Reuters) - Pakistan stocks closed higher

on Monday, after a choppy trading session that saw initial

losses but was buoyed in late trading by investment sentiment

echoing regional...

Read more

Mining sector lifts Britain's FTSE to 11-month highs

LONDON, July 11 (Reuters) - The FTSE 100 climbed to

an 11-month high on Monday, helped by expectations of a cut in

interest rates by the Bank of England later this week and a

rally in mining...

Read more

Stronger miners lead Britain's FTSE to 11-month highs

LONDON, July 11 (Reuters) - Britain's top share index

climbed to an 11-month high on Monday, with a rally in mining

companies on the back of stronger metals prices and expectations

of further...

Read more

UPDATE 1-Nintendo shares extend surge on Pokemon mobile game hopes

* Game tops Apple's free app chart in US; Japan debut in

view

(Adds company context, trading details)

Read more

Sunday, July 10, 2016

Nintendo shares surge on Pokemon mobile game hopes



Read more

Britain's FTSE 100 rises, hovers near 1-year high

LONDON, July 8 (Reuters) - Britain's top share index rose to

its highest level in nearly a year on Friday and posted its

third straight weekly gain as investors continue to pile into

shares of large...

Read more

Friday, July 8, 2016

Britain's FTSE 100 rises, hovers near 1-year high

LONDON, July 8 (Reuters) - Britain's top share index rose to

hover near its highest level in a year on Friday, although the

value of the market in U.S. dollar terms remained dented by the

impact of...

Read more

BRIEF-Banco Popolare up 10 pct as Italy bank index jumps

* Shares in Banco Popolare up 10 percent after being halted

for excessive gains

Read more

Britain's FTSE 100 rises but faces weekly loss

LONDON, July 8 (Reuters) - Britain's top share index rose on

Friday, lifted by mining stocks, although mounting signs of an

economic hit from the country's vote to quit the European Union

still left...

Read more

Britain's FTSE 100 lifted by firmer mining stocks

LONDON, July 8 (Reuters) - Britain's top shares index rose

on Friday, lifted by mining stocks, although the more

domestically-focused mid-cap equity index fell on mounting signs

of an economic hit...

Read more

UPDATE 2-Nintendo shares soar as new Pokemon mobile game captures hearts

* Pokemon GO top free-app in iTunes after U.S. launch this

week

Read more

BRIEF-Monte Paschi shares lower in early trade

* Shares open lower, down 1.7 pct at 0703 GMT

Further company coverage:

(Reporting by Milan newsroom)

Read more

Thursday, July 7, 2016

Nintendo shares jump over 10 pct in early trade

July 8 (Reuters) - Shares in Japanese gaming group Nintendo

Co jumped more than 10 percent early on Friday, buoyed

by expectations for its recently launched Pokemon GO mobile

game.

Read more

UPDATE 2-Juno cancer study halted after patient deaths, shares slide 30 pct

July 7 (Reuters) - A trial of Juno Therapeutics Inc's

genetically engineered cancer therapy, known as

JCAR015, was put on hold by U.S. regulators after three leukemia

patients died from side...

Read more

Juno cancer study halted after patient deaths, shares fall 30 pct

July 7 (Reuters) - A Juno Therapeutics Inc trial of

its experimental CAR-T therapy, known as JCAR015, was put on

hold by U.S. regulators after the deaths last week of two

leukemia patients enrolled...

Read more

UPDATE 4-U.S. Justice Dept has concerns over Aetna-Humana deal -source

July 7 (Reuters) - The U.S. Department of Justice has

significant concerns about Aetna Inc's proposed

acquisition of health insurer Humana Inc, a source

familiar with the situation said on Thursday,...

Read more

FTSE bounces back, AB Foods records best day in 16 years

LONDON, July 7 (Reuters) - Britain's top share index

rebounded on Thursday, with Associated British Foods

recording its biggest one-day gain in 16 years after its

brighter outlook on earnings. Gains...

Read more

UPDATE 4-France's Danone to buy WhiteWave to boost U.S. business

* Danone, WhiteWave shares hit record highs

(Adds details on the deal, analysts comment, updates shares)

Read more

UPDATE 2-Sports Direct says Brexit will hit costs and confidence

* Says will be hit by drop in sterling and Brexit

uncertainty

Read more

INTERVIEW-Blockbuster hopes grow for Ablynx drug backed by AbbVie

July 7 (Reuters) - Ablynx's hopes for a potential

multibillion-dollar drug were boosted on Thursday by strong

clinical trial results in rheumatoid arthritis, vindicating a

$175 million bet placed on...

Read more

UPDATE 1-New products, lower costs help PepsiCo top profit estimates

July 7 (Reuters) - PepsiCo Inc reported a

better-than-expected profit for the second quarter, helped by

lower raw material costs as well as strong demand for Frito-Lay

snacks and new beverages in...

Read more

FTSE bounces back, AB Foods heads for best day in 16 years

LONDON, July 7 (Reuters) - Britain's top share index bounced

back on Thursday, with Associated British Foods heading

for its biggest one-day gain in 16 years after an encouraging

update, while energy...

Read more

Associated British Foods helps Britain's FTSE to rebound

LONDON, July 7 (Reuters) - Britain's top share index bounced

back in early trading on Thursday, with Associated British Foods

leading the market higher after an encouraging update,

while energy...

Read more

RPT-UPDATE 4-Walgreens U.S. retail sales rise less than expected

July 6 (Reuters) - Walgreens Boots Alliance Inc, the

No.1 U.S. drugstore operator by store count, reported a

lower-than-expected increase in quarterly sales, hurt by weak

demand for over-the-counter...

Read more

Wednesday, July 6, 2016

UPDATE 4-Walgreens U.S. retail sales rise less than expected

* Shares fall as much as 3.5 percent

(Adds analyst comment)

Read more

Weaker energy and property stocks hurt Britain's FTSE

LONDON, July 6 (Reuters) - Britain's top share index was led

lower on Wednesday by retail and property-related stocks, which

extended losses made after Britons voted to leave the European

Union, and...

Read more

Weaker energy and property stocks hurt Britain's FTSE

LONDON, July 6 (Reuters) - Britain's top share index fell on

Wednesday following a sharp sell-offs in energy, retail and

property-related stocks, although precious metals miners rallied

after...

Read more

BRIEF-Telecom Italia falls to lowest since Oct 2013 as Iliad enters Italy market

* Shares in the Italian company extend losses, down more

than 10 percent to touch lowest level since October 2013

Read more

UPDATE 3-Baoneng lifts stake in China Vanke, fuels speculation of hostile bid

* Baoneng firms have applied to issue up to $3.4 in debt

-Caixin

(Adds latest stake increase in para 6-7)

Read more

BRIEF-YNAP shares pare earlier gains, down 3.4 pct

* the stock initially rose more than 5 percent in early

trade

Read more

Britain's FTSE slides, energy stocks weigh

LONDON, July 6 (Reuters) - Britain's top share index

extended losses in the afternoon trading session, with energy

stocks falling further after crude oil prices fell more than 1

percent on a firmer...

Read more

Britain's FTSE falls as retail and property stocks slump

LONDON, July 6 (Reuters) - Britain's blue-chip share index

fell on Wednesday, with a sharp sell-off in retail and

property-related stocks outpacing a rally in precious metals

miners after prices of...

Read more

BRIEF-Ynap shares turn negative, trading down 0.3 percent

* shares in the online fashion retailer turn negative,

trading down 0.3 percent

Read more

UK utility shares hit record highs as hunt for yield deepens

LONDON, July 6 (Reuters) - Shares in United Utilities

, National Grid and Severn Trent rose to

record highs on Wednesday, as investors continued to pile into

dividend-yielding defensive stocks as a...

Read more

BRIEF-Most Italian banks recover, Monte dei Paschi up 14 pct

* most of the Italian banks recover, sector index up 0.9

percent

Read more

Britain's mid-cap equity index falls, underperforms blue-chips

LONDON, July 6 (Reuters) - Britain's mid-cap share index

fell on Wednesday, underperforming gains on the blue-chip index,

with domestically-focused property and banking stocks falling on

concerns...

Read more

BRIEF-YNAP shares rise 5 pct after new 2020 plan, says Brexit impact neutral

* Shares in the Italian online fashion retailer rise more

than 5 percent in early trade after new business plan

Read more

BRIEF-Italian banks volatile in early trade, Monte dei Paschi jumps 10 pct

* Share in Monte dei Paschi rise 10 percent in early trade

after heavy losses in previous sessions

Read more

Tuesday, July 5, 2016

UPDATE 4-BlackBerry ditches Classic, adding to smartphone future doubts

TORONTO, July 5 (Reuters) - BlackBerry Ltd

said on Tuesday it will stop making its Classic model, raising

further doubts about the future of the smartphone pioneer's

money-losing handset business...

Read more

UPDATE 1-Wanda Commercial shareholder vote on controversial delisting set for Aug. 15



Read more

Britain's FTSE lifted up by new Bank of England stimulus

LONDON, July 5 (Reuters) - Britain's top shares index rose

on Tuesday, lifted by new measures from the Bank of England to

prop up the economy in the wake of the country's vote to leave

the European...

Read more

BUZZ-View from the buyside: AllianzGI's Hall exits UK property

** Allianz Global Investors' Matthew Hall sells almost all

holding in UK housebuilders following the Brexit vote

Read more

Britain's FTSE turns higher after new Bank of England stimulus

LONDON, July 5 (Reuters) - Britain's top shares index rose

on Tuesday, lifted by new measures from the Bank of England to

prop up the economy in the wake of the country's vote to leave

the European...

Read more

China's taste for lukewarm yoghurt raises hopes at Chr. Hansen

COPENHAGEN, July 5 (Reuters) - Chinese demand for lukewarm

yoghurt could lift the fortunes of Danish food ingredients maker

Chr. Hansen, it said on Tuesday, after missing profit

expectations for the...

Read more

BRIEF-Italian finmin says precautionary liquidity boost possible for Italian banks

July 5 (Reuters) - Italian Economy Minister Pier Carlo

Padoan says:

Read more

Britain's FTSE extend losses as property stocks slump

LONDON, July 5 (Reuters) - Britain's top share index fell on

Tuesday, with real estate investment trusts dropping after

Standard Life Investments suspended trading in a real estate

fund and...

Read more

Britain's FTSE falls for 2nd day as miners and REITs slip

LONDON, July 5 (Reuters) - Britain's top share index fell

for a second straight day on Tuesday, with miners tracking

weaker metals, and real estate investment trusts (REITs) coming

under pressure...

Read more

UPDATE 1-UK's Persimmon positive after H1 despite Brexit hit to housebuilders

July 5 (Reuters) - British housebuilder Persimmon Plc

said it saw "good opportunities" ahead after a 12

percent rise in first-half revenue and despite housing shares

taking a heavy hit following...

Read more

BRIEF-Most Italian bank shares recover; Monte dei Paschi down 7 pct

* UniCredit shares up 3.5 percent, Intesa Sanpaolo up 1

percent

Read more

FTSE's post-Brexit recovery falters as property stocks weaken

LONDON, July 4 (Reuters) - Britain's top shares index

retreated from a 10-month high on Monday as weaker property and

housebuilding stocks weighed on the market and halted its

rebound from a slump...

Read more

Monday, July 4, 2016

BRIEF-LSE shares down 0.5 pct after co's shareholders approve LSE-Deutsche Boerse merger

* Shares in London Stock Exchange down 0.5 pct after its

shareholders vote to approve LSE-Deutsche Boerse merger

Further company coverage:

(Bengaluru Newsroom)

Read more

UPDATE 1-West China Cement shares plunge after Anhui Conch scraps deal

* 24 pct share decline follows steep share slide last week

(Recasts and adds analyst comment)

Read more

Weaker property stocks halt FTSE's post-Brexit recovery

LONDON, July 4 (Reuters) - Britain's top shares index fell

on Monday, as weaker property and housebuilding stocks weighed

on the market and halted its rebound from a slump caused by the

UK's decision...

Read more

UPDATE 1-ECB asks Italy's Monte dei Paschi to slash bad loans

* Rome seeks EU green light for state assistance to banks

(Recasts after bank statement, adds shares and background)

Read more

BUZZ-UK builders: Brexit concerns grow after construction data, analyst cautions

** UK's housing and commercial builders spend another day in the red, dominate the FTSE 100

losers list as data shows Britain's construction industry suffered its worst contraction

in 7 yrs in June

Read more

Precious metals miners set new peaks, Randgold hits record high

LONDON, July 4 (Reuters) - London-listed shares of precious

metals miners advanced to new highs on Monday, tracking gains in

gold and silver prices, with Randgold Resources climbing

to a record high...

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ECB asks Italy's Monte dei Paschi to cut bad loans by 30 pct

MILAN, July 4 (Reuters) - Ailing Italian bank Monte dei

Paschi di Siena, the country's third-biggest lender, said on

Monday the European Central Bank had told it to cut

non-performing loans by 30...

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West China Cement shares plunge after Anhui Conch scraps deal

HONG KONG, July 4 (Reuters) - Shares in West China Cement

Ltd fell as much as 35 percent on Monday after larger

rival Anhui Conch Cement Co Ltd scrapped a

planned takeover of the Hong Kong-listed...

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Monte dei Paschi falls 3 pct after report of ECB asking to cut NPLs

MILAN, July 4 (Reuters) - Shares in troubled Italian lender

Banca Monte dei Paschi di Siena fell more than 3

percent on Monday, with traders citing a report which said the

European Central Bank had...

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Friday, July 1, 2016

Post-Brexit rebound sees FTSE setting biggest weekly rise since 2011

LONDON, July 1 (Reuters) - Britain's top share index climbed

to a 10-month high on Friday and recorded its biggest weekly

rise in 4-1/2 years, as hopes of fresh Bank of England stimulus

lent momentum...

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UPDATE 1-Tesla shares slip after first fatality involving Autopilot

July 1 (Reuters) - Tesla Motors Inc's shares were

down less than 1 percent in early trading on Friday, with at

least one analyst saying that initial reaction to the first

fatality involving its...

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Tesla shares slip following fatality, but damage seen limited

July 1 (Reuters) - Tesla Motors Inc's shares were

down about 2 percent in premarket trading, with at least one

analyst saying that worries stemming from the first fatality

involving the company's...

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UPDATE 1-Italy's Salini Impregilo wins $3.9 bln Tajikistan contract

DUSHANBE, July 1 (Reuters) - Tajikistan has signed a $3.9

billion contract with Italy's Salini Impregilo to

build a dam for the Rogun hydroelectric power plant, Tajik

President Imomali Rakhmon's...

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Italian bank guarantee scheme has a ceiling of 150 bln euros - source

MILAN, July 1 (Reuters) - A scheme set up by the Italian

government to guarantee liquidity for domestic banks in the

event of a financial crisis has a ceiling of 150 billion euros

($167 billion), a...

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Post-Brexit vote rebound sees FTSE 100 set for biggest weekly rise since 2011

LONDON, July 1 (Reuters) - Britain's top share index rose on

Friday to touch a new high for 2016 and leaving it set to post

its biggest weekly rise in 4-1/2 years as the rebound from last

week's...

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BUZZ-Trinity Mirror: rallies on in-line update

** British Newspaper publisher Trinity Mirror +4%, among top 10 gainers on FTSE

Small Cap index & bouncing off lows last since in 2013 as estimates H1 results in-line

with expectations

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BRIEF-Shares in UniCredit turn negative, down 2 pct

* shares turn negative, fall 2.3 percent by 0819 GMT after a

brief suspension to trading

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UPDATE 3-U.S. opens investigation in Tesla after fatal crash in Autopilot mode

WASHINGTON, June 30 (Reuters) - A fatal accident in which

the driver of a Tesla Motors Inc Model S car operating

in Autopilot mode was killed in a collision with a truck has

prompted an investigation...

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