Thursday, September 22, 2016

EXCLUSIVE-Regulators expect Monte dei Paschi to ask Italy for help - sources

LONDON Sept 22 (Reuters) - European regulators expect

Italian bank Monte dei Paschi di Siena will have to turn to the

government for support, three euro zone officials with knowledge

of the matter...

Read more

UPDATE 1-UnitedHealth trims drug coverage, including Sanofi insulin

Sept 22 (Reuters) - UnitedHealth Group, the largest

U.S. health insurer, will stop covering several brand-name drugs

as of next year, reinforcing a trend of payers steering

prescriptions to...

Read more

UPDATE 1-Danish transport giant Maersk to spin off energy operations

COPENHAGEN, Sept 22 (Reuters) - Rocked by low freight and

oil prices, Denmark's A.P. Moller-Maersk will split

into separate transport and energy divisions under a

keenly-anticipated revamp announced...

Read more

UPDATE 3-KDB to extend $45 mln credit line to help unload Hanjin cargo

* KDB credit line comes after Korean Air agrees to provide

funds

Read more

UPDATE 2-Rocket Internet trims losses, increases debt buyback

* H1 aggregate revenue up 32 pct to 1.043 bln euros

(Adds detail from conference call)

Read more

Wednesday, September 21, 2016

Hanjin Shipping shares rally 28 pct after Korean Air approves lending

SEOUL, Sept 22 (Reuters) - Hanjin Shipping

shares surged as much as 28 percent in morning trade on Thursday

after the board of Korean Air Lines, its biggest

shareholder, approved lending 60 billion...

Read more

UPDATE 1-Brazil's Vale shares jump on talk of fertilizer unit sale

SAO PAULO, Sept 21 (Reuters) - Shares in Brazil's Vale SA

rose the most in almost 15 weeks on Wednesday on speculation the

world's largest iron ore producer would announce the partial

sale of a unit...

Read more

UPDATE 2-Caesars offers another $1.6 bln to creditors of bankrupt unit

CHICAGO, Sept 21 (Reuters) - Caesars Entertainment Corp

said on Wednesday it proposed along with its private

equity backers a settlement offer with an added $1.6 billion for

creditors of its casino...

Read more

UPDATE 1-Harley-Davidson shares pare gains after comment on buyout speculation

Sept 21 (Reuters) - Harley-Davidson Inc. shares

jumped nearly 7 percent early on Wednesday as speculation

resurfaced the company was a buyout target of equity firm

Kohlberg Kravis and Roberts.

Read more

UK's FTSE ends slightly higher as banks rise after BoJ policy overhaul

LONDON, Sept 21 (Reuters) - Britain's top shares index rose

on Wednesday, buoyed by its banks after the Bank of Japan's

overhaul of its monetary policy framework boosted financial

stocks around the...

Read more

BRIEF-Monte dei Paschi shares close up 2.5 pct ending string of losses

* Shares in the troubled Italian lender close up 2.46

percent after eight consecutive sessions of losses

Read more

UPDATE 1-Banco BPI shareholders pave way for takeover by Caixabank

PORTO, Sept 21 (Reuters) - Shareholders in Portugal's Banco

BPI on Wednesday lifted a 20 percent voting right limit,

clearing the way for a takeover bid by Spain's Caixabank and

ending months of...

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UK clothing retailer Bonmarche's shares dive after profit warning

LONDON, Sept 21 (Reuters) - British women's clothing

retailer Bonmarche warned on profit on Wednesday as

unseasonably hot September weather hit demand, hammering its

stock price.

Read more

Britain's FTSE buoyed by banks after BoJ policy overhaul

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

on Wednesday, buoyed by its banks after the Bank of Japan

overhauled its monetary policy framework, with Barclays leading

gainers after a...

Read more

UPDATE 2-Doubts raised on Hanjin rehab plan as ships clog Busan port

* Hanjin shares plunge to record low, rival surges

(Recasts, adds details from Busan port)

Read more

Shares in Monte dei Paschi rebound at open

MILAN, Sept 21 (Reuters) - Shares in Monte dei Paschi di

Siena opened sharply higher on Wednesday, halting a

string of losses that have shrunk the bank's market

capitalisation to one ninth of the...

Read more

BUZZ-Arrow Global: Jumps on report of takeover interest from PE firms

** Arrow Global jumps 11 pct to hit a record high

on media report that the debt purchaser and manager has

attracted takeover interest from PE

Read more

Tuesday, September 20, 2016

Court says Hanjin Shipping rehab plan "realistically impossible" - Yonhap

SEOUL, Sept 21 (Reuters) - The South Korean court overseeing

Hanjin Shipping's receivership said a rehabilitation

plan is "realistically impossible" if top priority debt such as

backlogged charter...

Read more

UPDATE 3-Rising revenue boosts FedEx quarterly profit

CHICAGO, Sept 20 (Reuters) - Package delivery company FedEx

Corp said on Tuesday quarterly profit rose more than

expected on stronger revenue in its express, ground and freight

business units,...

Read more

UPDATE 2-Adobe revenue beats estimates as cloud push gains pace

* Shares on pace to open at record high

(Adds CFO comment from conference call, details; updates

shares)

Read more

U.S. broadcaster shares fall after Sinclair warns on political ad spending

Sept 20 (Reuters) - Shares of U.S. TV and radio broadcasters

fell sharply on Tuesday after Sinclair Broadcast Group

warned that its third-quarter media revenue would miss its

targets due to low...

Read more

Mylan shares languish at low valuation as EpiPen hearing nears

NEW YORK, Sept 20 (Reuters) - Shares of Mylan NV are

trading at historically low valuations as the company's chief

executive officer is set to face a congressional grilling on

Wednesday over the...

Read more

McAfee's MGT sinks 21 percent after NYSE refuses share listing

SAN FRANCISCO, Sept 20 (Reuters) - Shares of MGT Capital

Investments, led by anti-virus software pioneer John

McAfee, dropped 21 percent on Tuesday after it said the New York

Stock Exchange denied...

Read more

UPDATE 2-French Connection investor urges retailer to step up turnaround plan

* Activist investor calls for more store closures

(Recasts, adds investor, analyst and COO comment, share price)

Read more

Britain's FTSE rises as Burberry and Tesco advance

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

on Tuesday, lifted by gains in consumer goods stocks ranging

from luxury fashion group Burberry to supermarket

retailer Tesco.

Read more

UPDATE 2-Monte dei Paschi's shares, bonds hit by worries on emergency plan

* BAML cuts subordinated debt on risk of forced

restructuring

Read more

Morgan Stanley says Wells Fargo stock inexpensive; raises rating

Sept 20 (Reuters) - The recent decline in Wells Fargo & Co's

share price after the bank agreed to settle a fraud case

with regulators makes the stock an attractive buy, Morgan

Stanley said, raising...

Read more

UPDATE 1-Allergan to buy Tobira in push for NASH treatments

Sept 20 (Reuters) - Allergan Plc said it would buy

Tobira Therapeutics Inc in a deal worth up to $1.7

billion, about 19 times the company's current value, to get a

leg up in the race to develop...

Read more

Allergan to buy Tobira in push for NASH treatments

Sept 20 (Reuters) - Allergan Plc said it would buy

Tobira Therapeutics Inc in a deal worth up to $1.7

billion, to gain access to its experimental therapies for a

fatty liver disease called NASH.

Read more

REFILE-UPDATE 1-Monte dei Paschi's shares hit by worries on emergency plan

MILAN, Sept 20 (Reuters) - Fears for the feasibility of a

rescue plan at Banca Monte dei Paschi di Siena hit the

share price of Italy's third-largest bank on Tuesday,

highlighting the challenges...

Read more

Britain's FTSE edges up, lifted by Kingfisher

LONDON, Sept 20 (Reuters) - Britain's top share index rose

on Tuesday, buoyed by results for Kingfisher, as supermarkets

headed in opposite directions following the latest Kantar sales

data.

Read more

UPDATE 1-Sports Direct to order independent review of working practices

LONDON, Sept 20 (Reuters) - British retailer Sports Direct

said it will order an independent inquiry into its

working practices and corporate governance, responding to demand

from somes shareholders...

Read more

BRIEF-UniCredit shares rise more than 2 pct in early trade

* Shares in the Italian lender rise more than 2 percent in

early trade, adding to gains from the previous session

Read more

Monte dei Paschi shares halted from trading after 5.85 pct drop

MILAN, Sept 20 (Reuters) - Shares in Monte dei Paschi di

Siena were suspended from trading on Tuesday, after

erasing early gains and dropping as much as 5.85 percent with

traders citing concerns over...

Read more

Monday, September 19, 2016

UPDATE 1-SeaWorld to suspend quarterly dividends

Sept 19 (Reuters) - SeaWorld Entertainment Inc on

Monday slashed its quarterly dividend and said it would suspend

future payments, six months after the company decided to stop

breeding killer whales...

Read more

UPDATE 1-John McAfee's MGT receives SEC subpoena, shares slump

Sept 19 (Reuters) - Shares in a firm led by anti-virus

software pioneer John McAfee fell 24 percent on Monday after it

disclosed that it had received a subpoena from the U.S.

Securities and Exchange...

Read more

UPDATE 2-Sarepta's keenly watched muscle dystrophy drug wins FDA approval

Sept 19 (Reuters) - Sarepta Therapeutics Inc's

Duchenne muscular dystrophy drug won approval from the U.S. Food

and Drug Administration on Monday, capping months of regulatory

uncertainty and...

Read more

BRIEF-Monte dei Paschi ends session down 1 pct, UniCredit up 4.3 pct

Sept 19 (Reuters) - Some Italian banks reverse earlier

gains, end session lower:

Read more

Commodity stocks help Britain's FTSE outperform Europe

* Mid cap Mitie posts record fall on profit warning

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

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

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Sarepta's keenly watched muscle dystrophy drug wins FDA approval

Sept 19 (Reuters) - Sarepta Therapeutics Inc's

Duchenne muscular dystrophy drug won approval from the U.S. Food

and Drug Administration on Monday, capping months of regulatory

uncertainty and...

Read more

UPDATE 1-Avnet to sell IT business to Tech Data for $2.6 bln

Sept 19 (Reuters) - U.S. electrical components distributor

Avnet Inc said it would sell its IT business to

technology products distributor Tech Data Corp for

about $2.6 billion.

Read more

UPDATE 1-Eldorado Resorts to buy Isle of Capri Casinos in $1.7 bln deal

Sept 19 (Reuters) - Gaming company Eldorado Resorts Inc

said it would buy rival Isle of Capri Casinos Inc

for $1.7 billion, including debt.

Read more

Britain's FTSE gains as miners rally, though mid cap Mitie drops

LONDON, Sept 19 (Reuters) - British shares advanced on

Monday, led by a rise in mining companies which were supported

by firmer oil prices and a weaker dollar, though mid cap Mitie

Group slumped...

Read more

UPDATE 1-Profit warning from Britain's Mitie sends shares tumbling

Sept 19 (Reuters) - A profit warning from Britain's Mitie

Group Plc sent shares in the outsourced services

provider down by 25 percent on Monday.

Read more

BRIEF-Shares in Mitie Group open down after co lowers FY oper profit outlook

* Shares in Mitie Group open down 23.8 percent after co

lowers full year operating profit outlook

Further company coverage:

(Bengaluru Newsroom: +91 80 6749 1136)

Read more

UPDATE 1-United Tech's Pratt issues will drag on cash flow -CEO

NEW YORK, Sept 16 (Reuters) - United Technologies Corp's

chief executive officer said on Friday the company would

deliver 150 Pratt & Whitney engines this year, missing its

target of 200 and putting...

Read more

Friday, September 16, 2016

UPDATE 1-Orange CEO said initial SFR, Bouygues, Iliad talks have resumed -spokesman

PARIS, Sept 16 (Reuters) - Orange Chief Executive

Officer Stephane Richard told investors last week in London that

preliminary consolidation talks have resumed between SFR

, Iliad and Bouygues, a...

Read more

Britain's FTSE falls as banking stocks lose ground

LONDON, Sept 16 (Reuters) - Britain's top share index fell

on Friday to record a second straight week of losses as

heavyweight bank stocks dropped after U.S. regulators demanded

$14 billion from...

Read more

UPDATE 1-SVG spurns HarbourVest's $1.4 bln bid, says in talks with others

LONDON, Sept 16 (Reuters) - Britain's SVG Capital

rejected a hostile bid by U.S. rival HarbourVest on Friday,

saying the $1.35 billion offer undervalued the listed private

equity firm and that it is...

Read more

BRIEF-Italian banks end session sharply lower

Sept 16 (Reuters) - Italian banks end Friday session sharply

lower as financial services were dragged down by Deutsche Bank

saying the U.S. government was seeking billions of dollars from

the German...

Read more

UPDATE 1-Intel raises revenue forecast as PC market improves

Sept 16 (Reuters) - Intel Corp raised its quarterly

revenue forecast for the first time in more than two years,

citing improving demand for personal computers.

Read more

UPDATE 2-Novo plans larger study after encouraging semaglutide results

COPENHAGEN, Sept 16 (Reuters) - Novo Nordisk's

experimental injectable diabetes drug semaglutide reduced

cardiovascular risk by 26 percent, according to results released

on Friday, paving the way...

Read more

RBS shares hit after U.S. demands hefty fine from Deutsche Bank

* UK lender awaits potential record fine after mis-selling

probe

Read more

Britain's FTSE set for weekly loss, knocked by banks

LONDON, Sept 16 (Reuters) - Britain's top share index fell

on Friday, setting it up for a second straight week of losses,

as the heavyweight banking sector dropped after U.S. regulators

fined...

Read more

SVG spurns HarbourVest's $1.4 bln bid, says in talks with others

LONDON, Sept 16 (Reuters) - Britain's SVG Capital

rejected a hostile bid by U.S. rival HarbourVest on Friday,

saying the $1.35 billion offer undervalued the listed private

equity firm, and it was in...

Read more

BRIEF-Monte dei Paschi shares fall to new record low

* Shares in the lender were halted after falling 4.8

percent, to touch new record low of 0.2117 euros

Further company coverage:

(Reporting by Milan newsroom)

Read more

BRIEF-Monte dei Paschi shares suspended from trading again

* Shares in the lender were suspended from trading for

second time in the morning, after a 7.3 percent drop

Further company coverage:

(Reporting by Milan newsroom)

Read more

Thursday, September 15, 2016

Apple stock heads for best four days since 2014; short sellers flee

SAN FRANCISCO, Sept 15 (Reuters) - Apple extended

its Wall Street rally on Thursday, with enthusiasm over demand

for its newest iPhone putting the stock on track for its

strongest four-day streak in...

Read more

Britain's FTSE rises as Morrison rally offsets Next slump

* Next is worst FTSE 100 performer

(Recasts, adds detail and quote, updates prices)

Read more

Former Bankrate executives must face SEC fraud lawsuit

NEW YORK, Sept 15 (Reuters) - Two former Bankrate Inc

executives failed to persuade a federal judge to

dismiss U.S. Securities and Exchange Commission claims that they

fraudulently manipulated the...

Read more

UPDATE 1-Investor pressure grows at SunOpta as 3rd hedge fund reports stake

TORONTO/NEW YORK, Sept 15 (Reuters) - Activist investor

Engaged Capital reported a 7.5 percent stake in SunOpta Inc

on Thursday and said it had signed a confidentiality

agreement with the Canadian...

Read more

WRAPUP 1-Weather exposes holes in H&M, Next clothing order chains

STOCKHOLM/LONDON, Sept 15 (Reuters) - European fashion

retailers blamed the weather for below-forecast figures on

Thursday as Hennes & Mauritz sales were hit by a hot

second half of August and...

Read more

UPDATE 3-Evidence of turnaround sends Morrisons' shares soaring

* Shares rise by up to 9 pct, pulling sector higher

(Adds fund manager, CEO comments, updates shares)

Read more

Britain's FTSE steadies as Next slump offsets Morrison rally

LONDON, Sept 15 (Reuters) - Britain's top equity index

steadied near a one-month low on Thursday, with a slump in Next

following poor results offsetting a strong rally in

Morrisons after a rise in...

Read more

Monte dei Paschi shares rise after new CEO named

MILAN, Sept 15 (Reuters) - Shares in ailing Italian lender

Monte dei Paschi di Siena rose on Thursday after the

bank appointed a new chief executive to implement an arduous

emergency rescue plan to...

Read more

Lawson shares jump 7 pct, Mitsubishi may raise stake

TOKYO, Sept 15 (Reuters) - Shares of Lawson Inc

jumped 7 percent on Thursday after the Japanese convenience

store operator and trading firm Mitsubishi Corp said

Mitsubishi was considering raising...

Read more

Wednesday, September 14, 2016

Embattled SeaWorld to stop breeding killer whales



Read more

Aerie's eye drug meets main goal in late-stage study; shares jump

Sept 14 (Reuters) - Aerie Pharmaceuticals Inc said

on Wednesday its eye drug met the main goal in a late stage

study, sending its shares up 71 percent in extended trading.

Read more

Bayer's Monsanto acquisition to face politically charged scrutiny

WASHINGTON D.C./NEW YORK, Sept 14 (Reuters) - As the global

agricultural sector races to consolidate, Bayer AG's

$66 billion all-cash deal to acquire Monsanto Co will

test growing political and...

Read more

UPDATE 1-Bayer's Monsanto acquisition to face politically charged scrutiny

* Changing political landscape could pose challenge

(New throughout, adds comments by three additional lawmakers

and Cotton Council)

Read more

UPDATE 1-iPhone optimism blasts Apple stock to 2016 high

SAN FRANCISCO, Sept 14 (Reuters) - Apple's stock

hit a 2016 high on Wednesday, with its market value peaking

above $600 billion for the first time since April as Wall Street

bet the technology...

Read more

UPDATE 1-Sarepta jumps on drug approval hopes after FDA critic departs

Sept 14 (Reuters) - Shares of Sarepta Therapeutics Inc

rose as much as 29 percent after a key critic of its

muscle-wasting drug left the U.S. Food and Drug Administration

ahead of the agency's...

Read more

iPhone optimism blasts Apple stock to 2016 high

SAN FRANCISCO, Sept 14 (Reuters) - Apple's stock

hit a 2016 high on Wednesday, with its market value peaking

above $600 billion for the first time since April as Wall Street

bet the technology...

Read more

Britain's FTSE ends slightly higher, miners lead

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

closed slightly higher on Wednesday, breaking a three-day losing

run, as firmer mining stocks enabled the market to recover some

ground.

Read more

Sarepta jumps on drug approval hopes after FDA critic departs

Sept 14 (Reuters) - Shares of Sarepta Therapeutics Inc

rose as much as 29 percent after a key critic of its

muscle-wasting drug left the U.S. Food and Drug Administration

ahead of the agency's...

Read more

UPDATE 1-Mylan CEO to testify before House panel over EpiPen pricing

WASHINGTON, Sept 14 (Reuters) - Mylan NL Chief

Executive Officer Heather Bresch will appear at a Sept. 21

congressional hearing over price increases for its allergy

auto-injector EpiPen, the U.S....

Read more

UPDATE 5-Bayer clinches Monsanto with improved $66 billion bid

* Bayer says expects deal to close by end-2017

(Adds detail on regulatory hurdles, executive comments, updates

shares)

Read more

Mylan CEO to testify before U.S. House over EpiPen pricing -lawmakers

WASHINGTON, Sept 14 (Reuters) - Mylan NL Chief

Executive Officer Heather Bresch will appear at a Sept. 21

congressional hearing over price increases for its allergy

auto-injector EpiPen, the U.S....

Read more

Allergan to buy experimental psoriasis drugmaker Vitae for $639 mln

NEW YORK, Sept 14 (Reuters) - Allergan Inc on

Wednesday said it would buy Vitae Pharmaceuticals,

which is testing an experimental drug to treat psoriasis and

other autoimmune disorders, for $639...

Read more

Communications company Sepura warns on FY adj. core profit

Sept 14 (Reuters) - British communications company Sepura

Plc said its full-year adjusted core profit could be 60

percent lower than its previous expectations, hurt by lower

order intake.

Read more

UK's FTSE recovers from losing streak, led by mining shares

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

on Wednesday, breaking off from a three-day losing run, as

firmer mining stocks enabled the market to recover some ground.

Read more

UPDATE 1-Monte dei Paschi set to appoint Morelli as new CEO

* BAML Italy head Marco Morelli to replace outgoing CEO

Viola

Read more

UPDATE 1-Builder Galliford Try's sales, prices up after Brexit vote

LONDON, Sept 14 (Reuters) - Galliford Try said on

Wednesday sales rates and prices at its housing division had

risen since Britain's vote the leave the European Union, adding

to signs the housing...

Read more

Britain's FTSE posts third straight day of losses, oil drags

* Margin caution hits Ocado

(Recasts, adds detail and quote, updates prices at close)

Read more

Tuesday, September 13, 2016

Sprint, T-Mobile iPhone pre-orders boost Apple shares

Sept 13 (Reuters) - U.S. wireless carriers Sprint Corp

and T-Mobile US Inc said on Tuesday they received

strong pre-orders for Apple Inc's iPhone 7, sending

shares of the world's most valuable...

Read more

U.S. Treasury's Lew faults 'bad behavior' at Wells Fargo

NEW YORK, Sept 13 (Reuters) - U.S. Treasury Secretary Jack

Lew said on Tuesday federal regulators were correct to punish

Wells Fargo & Co for setting up sham accounts without

customers' knowledge,...

Read more

Britain's FTSE stabilises after sell-off, underperforms Europe

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

steadied on Tuesday after a steep drop in the previous session,

although broker downgrades on Associated British Foods and Intu

Properties kept...

Read more

UPDATE 1-JD Sports profit up 73 pct on sports fashion sales growth

* Profit driven by strong sales in sports fashion

(Recasts, adds shares, details)

Read more

UPDATE 2-SolarCity raises $305 mln in deal advised by Soros' firm

Sept 12 (Reuters) - Solar panel installer SolarCity Corp

, which is being bought by Tesla Motors Inc, on

Monday said it had raised $305 million by selling the future

cash flows for a portfolio of...

Read more

Monday, September 12, 2016

Britain's FTSE hits lowest in over one month, AB Foods slumps

* Financials also sold off

(Recasts, adds detail and updates prices at close)

Read more

UPDATE 2-Linde, Praxair end $60 billion merger talks

* Linde shares down 7.8 percent

(Recasts with reason for talks ending, context on sector,

likelihood of other bids)

Read more

UPDATE 2-Uniper's $4.4 bln listing unveils huge valuation gap

* Flotation comes ahead of listing of RWE's Innogy

(Recasts, adds analyst comment, details on volume)

Read more

REFILE-UPDATE 2-AB Foods flags UK pension deficit, hit from sterling

LONDON, Sept 12 (Reuters) - Associated British Foods

said on Monday its UK pension scheme would slide into a deficit

due to rock-bottom government bond yields, highlighting a major

downside for...

Read more

UPDATE 2-Potash Corp, Agrium to merge to create $36 bln company

Sept 12 (Reuters) - Canada's Agrium Inc and Potash

Corp of Saskatchewan Inc said they would combine, a

deal that would create a fertilizer and farm retailing giant

with proforma enterprise value of...

Read more

Britain's FTSE poised for biggest drop since June

LONDON, Sept 12 (Reuters) - UK shares fell at the open, set

for their biggest drop since June 27 as stocks and bonds were

sold off across the world on nervousness about central bank

policies.

Read more

Agrium and Potash Corp to merge

Sept 12 (Reuters) - Canada's Agrium Inc and Potash

Corp of Saskatchewan Inc said on Monday they would

combine to create a fertilizer and farm retailing giant with

proforma enterprise value of $36...

Read more

UPDATE 1-Uniper opens above 10 euros per share in much awaited market debut

* Flotation comes ahead of spin-off of RWE's Innogy

(Recasts with Uniper flotation)

Read more

BRIEF-Shares in Monte dei Paschi down more than 3 pct

* Italian and European banking sectors down sharply

Further company coverage:

(Reporting by Milan Newsroom)

Read more

U.S. Senate committee chair: Mylan's response on EpiPen price hike 'incomplete'

WASHINGTON, Sept 9 (Reuters) - The chairman of the U.S.

Senate Judiciary Committee probing Mylan NV's EpiPen

price hike on Friday said its response to his query was

"incomplete," and called on the...

Read more

Friday, September 9, 2016

Britain's FTSE sees biggest weekly decline since May

* Mid-cap pub operators in focus after results

(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

UPDATE 1-Kroger cuts 2016 sales, profit forecasts amid low food prices

Sept 9 (Reuters) - Kroger Co, the biggest U.S.

supermarket chain, cut its full-year sales and profit forecasts

as it struggles with low food prices and stiff competition.

Read more

Deutsche Bank nearing mortgages settlement with U.S. authorities - sources

FRANKFURT, Sept 9 (Reuters) - Deutsche Bank is

nearing a settlement with U.S. authorities in an investigation

into past mis-selling of mortgage-backed securities, two people

close to the matter said.

Read more

UPDATE 1-Deutsche Bank faces $2.4 bln-plus U.S. settlement demand -manager magazin

FRANKFURT, Sept 9 (Reuters) - Deutsche Bank is

expected to receive a demand for more than $2.4 billion from

U.S. authorities in settlement of an investigation into past

mis-selling of mortgage-backed...

Read more

Britain's FTSE outperforms Europe after Draghi disappoints

* Pearson falls on peer read across

(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 slips, banking stocks gain after ECB

LONDON, Sept 9 (Reuters) - UK shares fell on Friday,

extending losses from the previous session after the European

Central Bank made no changes to its asset-buying programme,

although British banks...

Read more

Thursday, September 8, 2016

UPDATE 1-Google to buy software developer Apigee in $625 mln deal

Sept 8 (Reuters) - Alphabet Inc's Google is

acquiring software developer Apigee Corp in a deal

valued at about $625 million, as it strengthens its cloud

business.

Read more

UPDATE 2-Walgreens expects to sell more stores than estimated for Rite Aid deal

* Continues to expect deal to close in second half of this

year

Read more

Britain's FTSE outperforms Europe after Draghi disappoints

* Pearson falls on peer readacross

(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

Apple iPhone 7 not a game changer - analysts

Sept 8 (Reuters) - Not even Chief Executive Tim Cook singing

"Sweet Home Alabama" on Carpool Karaoke could get Wall Street

excited about the launch of Apple Inc's iPhone 7.

Read more

UPDATE 1-Barnes & Noble now expects full-year comparable sales to fall

Sept 8 (Reuters) - Barnes & Noble Inc said on

Thursday it now expected full-year comparable store sales to

fall, sending the company's shares down more than 6 percent in

premarket trading.

Read more

Dixons Carphone leads Britain's FTSE higher

LONDON, Sept 8 (Reuters) - UK shares rose on Thursday,

building on gains made in the previous session, with Dixons

Carphone advancing after a positive earnings update.

Read more

Thomas Cook shares rise on China JV launch, rival Dart's comments

Sept 8 (Reuters) - Shares in tour operator Thomas Cook Group

Plc rose more than 7 percent on Thursday, after the

company launched its China venture and positive comments on

bookings from a rival.

Read more

BUZZ-Zoopla: shrugs off Brexit property concerns with FY forecast hike

** Property website Zoopla +c.2% & among top FTSE

midcap gainers

Read more

UPDATE 4-Super Mario's iPhone surprise fuels hopes for Nintendo

* DeNA shares jump 11 pct

(Updates shares, adds fresh comments)

Read more

Wednesday, September 7, 2016

RPT-UPDATE 3-Sports Direct's Ashley defies critics at stormy meeting

* Shares down 9 percent

(Repeats to add link to BREAKINGVIEWS story. No change to text)

Read more

RPT-India's "flash boys" fret over proposed automated trading curbs

MUMBAI, Sept 7 (Reuters) - India's "flash boys", or

high-frequency traders, are pushing back against the domestic

markets regulator and in some cases putting investments in new

strategies on hold,...

Read more

Stock options suggest calm ahead of Apple launch

NEW YORK, Sept 7 (Reuters) - Options activity surrounding

Apple shares on Wednesday could best be described with an iPhone

ringtone: crickets.

Read more

Britain's FTSE rises as Ashtead and commodity stocks climb

LONDON, Sept 7 (Reuters) - Britain's top stock index rose on

Wednesday, supported by stronger precious metals and oil company

shares as well as by gains at equipment rentals company Ashtead

.

Read more

UPDATE 3-Retrophin kidney drug exceeds expectations in trial, shares jump

* Retrophin shares rise as much as 44 pct

(Adds details from conference call, analyst comment; updates

shares)

Read more

UPDATE 2-A resilient Apache Corp strikes oil in overlooked Texas field

HOUSTON, Sept 7 (Reuters) - Apache Corp announced a

major oil discovery in Texas on Wednesday, the latest sign the

strongest shale companies are not only surviving the steepest

price crash in a...

Read more

Apache Corp to develop new Texas oilfield, raises capex

Sept 7 (Reuters) - Oil and gas producer Apache Corp

raised its capital budget for the year and said it would spend

more than a fourth of the amount on a newly discovered oilfield

in Texas.

Read more

India's "flash boys" fret over proposed automated trading curbs

MUMBAI, Sept 7 (Reuters) - India's "flash boys", or

high-frequency traders, are pushing back against the domestic

markets regulator and in some cases putting investments in new

strategies on hold,...

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UK's CMC Markets warns on H1 income, blames low volatility

Sept 7 (Reuters) - British financial spreadbetting firm CMC

Markets Plc warned net operating income for the

first-half ended September would be lower than a year earlier as

low levels of volatility...

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Britain's FTSE rises as Ashtead, oil majors gain

LONDON, Sept 7 (Reuters) - UK shares rose on Wednesday,

supported by a rise in precious metals miners and oil stocks as

well as a surge in equipment rentals firm Ashtead.

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Sterling surges above $1.34 for first time since mid-July

LONDON, Sept 6 (Reuters) - Sterling surged by 1 percent on

Tuesday to trade above $1.34 for the first time since mid-July,

after U.S. data disappointed and the view spread that Britain

will - for now...

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Tuesday, September 6, 2016

Britain's FTSE weakens, hit by fall in banks

* Firmer sterling weighs on FTSE 100, FTSE 250 outperforms

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

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

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UPDATE 1-Tonix to stop testing drug for fibromyalgia, shares plunge

Sept 6 (Reuters) - Tonix Pharmaceuticals Holding Corp

said it would stop developing its drug for fibromyalgia

and focus on a late-stage trial testing the treatment in

patients with post-traumatic...

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Britain's FTSE weakens as StanChart and Provident Financial fall

LONDON, Sept 6 (Reuters) - Britain's top shares index lost

ground on Tuesday, as a drop in Asian-focused bank Standard

Chartered and Provident Financial weighed on

the market.

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Sterling firm near 7-week highs on robust UK data

LONDON, Sept 6 (Reuters) - Sterling rose to trade near a

7-week high against the dollar on Tuesday, amid expectations

that Britain had probably dodged a recession in coming months

with the economy...

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UPDATE 2-Hanjin Shipping's parent to raise funds to unload stranded cargo

* State-backed creditors may provide another 100 bln won in

loans

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Monday, September 5, 2016

Brazil Defense Ministry: Taurus arms exports not cleared for re-export

BRASILIA, Sept 5 (Reuters) - Brazil's Defense Ministry said

on Monday it had authorized gun maker Forjas Taurus SA

to export arms to Djibouti in recent years, but that

those weapons could not be...

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Brazil judge orders JBS CEO and others to step away from companies

BRASILIA, Sept 5 (Reuters) - The Brazilian judge overseeing

a sweeping graft probe of state-run companies' pension funds

ordered on Monday that dozens of business leaders and financiers

under...

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Britain's FTSE underperforms as RBS and Lloyds lose ground

* But robust UK services data lifts FTSE 250 index

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

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

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UPDATE 3-Germany's Vonovia agrees to buy Conwert in $3.2 bln deal

* Offer doc due on Nov. 17, settlement early January 2017

(Adds CEO, analyst comment, background, shares)

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SE Asia Stocks-Thailand falls in thin volumes; Singapore up

By Aparajita Saxena

Sept 5 (Reuters) - Southeast Asian markets closed mixed on

Monday with Thailand falling the most after heavy domestic fund

selling, while financials supported gains in...

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UPDATE 1-Sterling hits 7-week high vs dollar after robust UK services survey

LONDON, Sept 5 (Reuters) - Sterling jumped to a 7-week high

against the dollar on Monday, and hit a one-month peak against

the euro after a survey showed Britain's services industry

bounced back...

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Britain's FTSE underperforms as RBS and Lloyds lose ground

LONDON, Sept 5 (Reuters) - Britain's top shares index dipped

lower on Monday as a fall in the shares of Royal Bank of

Scotland and its rival Lloyds weighed on the

overall market.

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Govt warning on fees sends shares in Australian aged care operators tumbling

SYDNEY, Sept 5 (Reuters) - Shares in Australia's largest

listed aged care operators plunged to record lows on Monday

after the country's health department warned providers they are

not permitted to...

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Sunday, September 4, 2016

Britain's FTSE hits 2-week high after U.S. jobs data

LONDON, Sept 2 (Reuters) - Britain's top share index climbed

to a two-week high on Friday after data showing a greater than

expected slowdown in U.S. employment growth last month lowered

the chances...

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UPDATE 2-Hanjin takes legal steps to prevent ship seizures as more vessels blocked

* Odds of successful legal action depends on

jurisdiction-lawyers

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Friday, September 2, 2016

Britain's FTSE advances after U.S. jobs data, miners rally

LONDON, Sept 2 (Reuters) - Britain's top share index rose

further in afternoon trading on Friday after data showing a

greater than expected slowdown in U.S. employment growth last

month lowered the...

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Britain's FTSE rises as pharma, utilities rally ahead of U.S. labour data

LONDON, Sept 2 (Reuters) - UK shares rose on Friday ahead of

the release of key U.S. labour data, buoyed by a rise in

pharmaceuticals and utilities, though housebuilders declined.

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UPDATE 1-Segro bucks Brexit property blues with warehouse fund-raising

* Share placement books closed at 0915 GMT - bookrunner

(Adds bookmaker and other details, research, industry context)

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UPDATE 1-Go-Ahead, part-owner of Southern rail, posts higher profits

* Shares up 7 percent

(Adds CEO comment, analyst comment, background, share price)

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Hanjin Shipping says membership in CKYHE shipping alliance suspended

SEOUL, Sept 2 (Reuters) - South Korean container shipper

Hanjin Shipping Co Ltd said on Friday its membership

in the CKYHE shipping alliance has been suspended, adding to the

troubles of the...

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Thursday, September 1, 2016

UPDATE 2-Lululemon same-store sales fall short, sending shares lower

TORONTO, Sept 1 (Reuters) - Canadian yoga wear retailer

Lululemon Athletica Inc reported comparable sales

growth that fell short of analyst estimates, sending shares down

nearly 9 percent on Thursday...

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EXCLUSIVE-HP Enterprise in talks to sell software unit to Thoma Bravo -sources

Sept 1 (Reuters) - Hewlett Packard Enterprise Co (HPE)

is in talks with buyout firm Thoma Bravo LLC to sell its

software division, hoping it can fetch between $8 billion and

$10 billion, according...

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Britain's FTSE 100 falls as sterling rebounds and energy shares slide

* GKN rises, traders cite vague bid talk; GKN declines

comment

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UPDATE 2-Campbell Soup profit hit by product recall, weak carrot business

Sept 1 (Reuters) - Campbell Soup Co, the world's

largest soupmaker, reported a smaller-than-expected

fourth-quarter adjusted profit, hurt by a product recall as well

as higher costs and lower sales...

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Britain's FTSE 100 slips as sterling rebounds and energy shares fall

* FTSE 100 dips as sterling rises on strong manufacturing

data

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UPDATE 2-India's richest man unveils telecoms venture with free calls, cut-price data

* Shares in rivals Bharti Airtel, Idea Cellular slump

(Adds further details)

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UPDATE 2-Pernod sees cost cuts helping drive faster profit growth this year

* Achieved 2 pct growth in FY 2015/16 profit from recurring

ops

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Britain's FTSE rises as housebuilders, miners rally

LONDON, Sept 1 (Reuters) - UK shares rose on Thursday,

starting September in positive territory as housebuilders

rallied and mining stocks rose on recovering metals prices.

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LG Electronics says cancelling orders with Hanjin Shipping

SEOUL, Sept 1 (Reuters) - South Korea's LG Electronics Inc

said on Thursday it is cancelling orders with Hanjin

Shipping Co Ltd and seeking alternatives after the

troubled container shipper filed...

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UPDATE 2-Hays says hiring levels weakened after Brexit vote

Sept 1 (Reuters) - International recruitment firm Hays Plc

said hiring in Britain weakened significantly shortly

after the June 23 vote to leave the European Union, as private

sector clients became...

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