Friday, December 30, 2016

Takata stock jumps for 2nd day on possible U.S. criminal probe settlement

TOKYO, Dec 30 (Reuters) - Shares in Takata Corp,

the airbag maker at the centre of the world's largest automotive

recall, jumped by a fifth on Friday, surging for a second

straight day, on news that...

Read more

Britain's FTSE finishes 2016 in style, sets record high

LONDON, Dec 30 (Reuters) - Britain's blue-chip FTSE 100

index closed 2016 at a record high level on Friday, with

a blistering rally in mining stocks and a sharp fall in sterling

after June's shock...

Read more

Thursday, December 29, 2016

Britain's FTSE steadies near highs in thin trading

LONDON, Dec 29 (Reuters) - Britain's top share index

steadied in thin holiday trading on Thursday after setting a

record closing high in the previous session, with miners coming

under pressure...

Read more

UPDATE 1-Toshiba shares, bonds tumble as second downgrade fans writedown fears

TOKYO, Dec 29 (Reuters) - Shares in Toshiba fell

more than 19 percent on Thursday, clocking a third day of heavy

losses after the Japanese tech-to-nuclear conglomerate said

earlier this week it faced...

Read more

Wednesday, December 28, 2016

UPDATE 2-Kate Spade exploring sale - WSJ

Dec 28 (Reuters) - Hand bag and accessories maker and

retailer Kate Spade & Co, under pressure from an

activist investor, is exploring a sale and is working with a

bank to sound out possible buyers,...

Read more

Miners' rally supports European shares in quiet holiday trade

* Italian lenders Banco Popolare and Pop Milano under

pressure

(Adds detail, updates with closing prices)

Read more

Kate Spade exploring sale - CNBC, citing Dow Jones

Dec 28 (Reuters) - Hand bag and accessories maker and

retailer Kate Spade & Co is exploring a sale and is

working with a bank to sound out possible acquirers, CNBC

reported, citing Dow Jones.

Read more

Tuesday, December 27, 2016

UPDATE 2-Lockheed CEO tells Trump she will work to drive down cost of F-35

Dec 23 (Reuters) - The chief executive of Lockheed Martin

Corp told President-elect Donald Trump on Friday that

she was committed to driving down the cost of the company's F-35

fighter jet, a day...

Read more

Friday, December 23, 2016

UPDATE 2-Caesars unit resolves lender dispute, eyes bankruptcy exit

CHICAGO, Dec 23 (Reuters) - Caesars Entertainment Corp's

bankrupt operating unit resolved a dispute with its

lenders on Friday, paving the way for a consensual plan to push

the casino group out of...

Read more

Britain's FTSE steadies, RBS and Barclays diverge on U.S. settlement updates

LONDON, Dec 23 (Reuters) - Britain's top shares held roughly

steady in a shortened session on Friday, with RBS and

Barclays heading in opposite directions following the

latest developments in a U.S....

Read more

BRIEF-Telecom Italia shares up 2 pct in early trade

* Italy is considering a plan for its state lender to buy a

stake in Telecom Italia to counter the ambitions of French

businessman Vincent Bollore, La Stampa said

Further company coverage:

...

Read more

UPDATE 1-Nokia shares fall on patent dispute with Apple

HELSINKI/BELGRADE, Dec 22 (Reuters) - Nokia

shares fell by nearly 5 percent on Thursday in Helsinki as

analysts warned a legal battle with Apple could delay

for years royalty payments that are vital...

Read more

Thursday, December 22, 2016

Britain's FTSE ends at 2-month high helped by oil stocks

LONDON/MILAN, Dec 22 (Reuters) - British shares edged up to

two-month highs on Thursday, led by gains in the energy sector

and among precious metals miners.

Read more

CORRECTED-ANALYSIS-A volatile calm - the paradox of 2016 financial markets

LONDON, Dec 21 (Reuters) - Traditional measures of

volatility at historic lows and Wall Street stocks at new record

highs went hand-in-hand in 2016 with traders fretting about

bouts of wild...

Read more

Nokia shares fall on patent dispute with Apple

HELSINKI/BELGRADE, Dec 22 (Reuters) - Nokia

shares fell more than 4 percent on Thursday as analysts warned a

legal battle with Apple could delay for years royalty

payments that are vital to shoring...

Read more

BRIEF-Monte dei Paschi shares pare losses, up more than 3 pct

* Shares pare losses, now up more than 3 percent

Further company coverage:

(Reporting by Milan newsroom)

Read more

Britain's FTSE slips from 2-month high

LONDON, Dec 22 (Reuters) - British shares retreated on

Thursday, slipping from a 2-month high hit in the previous

session as mining stocks tracked copper prices lower.

Read more

BRIEF-Shares in Monte dei Paschi fail to open, indicated sharply down

* Shares in the lender fail to open and are indicated down

more than 6 percent after it said it had not secured any

concrete commitment by potential anchor investors so far

Further company coverage:...

Read more

BRIEF-Monte dei Paschi shares down 4 pct in volatile trade

* shares previously halted for excessive losses

Further company coverage:

(Reporting by Milan newsroom)

Read more

UPDATE 1-Nintendo's mobile Mario game sets download record but pricing proves sticking point

* Users put off by one-time pricing model

(Updates with 40 mln download number from Nintendo, instead of

25 mln estimate from Sensor Tower)

Read more

Wednesday, December 21, 2016

UPDATE 2-Chipmaker Micron's forecast powered by improving PC market

Dec 21 (Reuters) - Micron Technology Inc forecast

current-quarter revenue and profit above estimates as a

stabilizing PC market spurs demand and boosts prices of its

memory chips.

Read more

Britain's FTSE holds close to two-month high

* QinetiQ rises after deal for Meggitt defence unit

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

Read more

BRIEF-Monte dei Paschi shares halted after falling 10 pct

* Shares halted from trading after falling more than 10

percent

Read more

UPDATE 1-DONG Energy lifts earnings forecast after wind farm stake sale

COPENHAGEN, Dec 21 (Reuters) - Danish utility and wind farm

developer DONG Energy, whose listing in June was one

of the biggest IPOs globally this year, raised its full-year

earnings forecast on...

Read more

ANALYSIS-A volatile calm - the paradox of 2016 financial markets

LONDON, Dec 21 (Reuters) - Traditional measures of

volatility at historic lows and Wall Street stocks at new record

highs went hand-in-hand in 2016 with traders fretting about

bouts of wild...

Read more

UPDATE 1-Vivendi's CEO to talk to markets regulator about Mediaset on Friday -sources

PARIS/MILAN, Dec 21 (Reuters) - Vivendi's Chief

Executive Arnaud de Puyfontaine will meet Italian financial

markets regulator Consob in Rome on Friday following complaints

over the French media...

Read more

Vivendi CEO slated to meet Consob Italian markets regulators on Friday -sources

PARIS/MILAN, Dec 21 (Reuters) - Vivendi Chief

Executive Officer Arnaud de Puyfontaine will meet Consob Italian

market regulators in Rome on Friday, following complaints lodged

by Italian broadcaster...

Read more

BRIEF-Monte dei Paschi shares cut losses as Italy approves bank aid funds

* Shares cut losses after Italy's parliament approves debt

increase for eventual bank aid

Read more

UPDATE 1-Spanish banks face $4.2 bln hit from European court's loan ruling

* Bank shares fall sharply, Banco Popular down 7 pct

(Releads, adds details, background)

Read more

Britain's FTSE edges down from two month high

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

lower on Wednesday after reaching a two-month high, influenced

by a weaker mining sector and with outsourcer Capita

also hit by a downgrade...

Read more

BRIEF-Monte dei Paschi shares suspended after falling 12 pct

* Shares suspended after falling 12 percent

Further company coverage:

(Reporting by Milan newsroom)

Read more

BRIEF-Monte dei Paschi shares suspended after 5.7 percent drop

* Shares suspended after 5.66 percent drop

Further company coverage:

(Reporting by Milan Newsroom)

Read more

UPDATE 2-Japan Display to receive $640 mln aid from top investor INCJ

* Japan Display shares hit highest since November 2015

(Adds Japan Display announcement, updates share price)

Read more

Tuesday, December 20, 2016

UPDATE 2-Nike revenue beats; sees rebound in basketball category

Dec 20 (Reuters) - Nike Inc, the world's largest

footwear maker, reported better-than-expected quarterly revenue

and profit, and indicated a rebound in its basketball category.

Read more

Japan Display shares surge on report of imminent state-fund aid

TOKYO, Dec 21 (Reuters) - Shares of Japan Display Inc

surged 8 percent in morning trade on Wednesday after

media reported that its state-backed main investor was

finalising $640 million in aid for...

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Monte dei Paschi's new debt swap offer raises 500 mln euros as of Tuesday - source

MILAN, Dec 20 (Reuters) - Italy's Monte dei Paschi di Siena

has raised around 500 million euros as of Tuesday in a

voluntary debt-to-equity offer, a source told Reuters.

Read more

ANALYSIS-Legal pot growers to drive up California warehouse rates

Dec 20 (Reuters) - Legalizing recreational marijuana in

California is creating a gold rush for a decidedly less

intoxicating sector: warehouses in which to grow the plants.

Read more

Britain's FTSE hits two-month high, boosted by banks after Lloyds deal

* Precious metals miners

(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-Italian foreign minister "very concerned" by Vivendi's Mediaset move

PARIS, Dec 20 (Reuters) - Italian Foreign Minister Angelino

Alfano said on Tuesday that he was "very concerned" by Vivendi's

moves to increase its stake in Italian broadcaster and

media group...

Read more

UPDATE 3-BlackBerry boosts outlook on software growth; shares rise

TORONTO, Dec 20 (Reuters) - BlackBerry Ltd

reported higher-than-expected quarterly earnings and raised its

full-year forecast on Tuesday on growth in its higher-margin

software business, sending...

Read more

UPDATE 2-Acadia says Alzheimer's psychosis drug clears mid-stage study

Dec 20 (Reuters) - Acadia Pharmaceuticals Inc said

on Tuesday its drug to treat psychosis in patients suffering

from Alzheimer's disease met its main goal in a mid-stage study.

Read more

Italian foreign minister "very concerned" by Vivendi's Mediaset move

PARIS, Dec 20 (Reuters) - Italian Foreign Minister Angelino

Alfano said on Tuesday that he was "very concerned" by Vivendi's

moves to increase its stake in Italian broadcaster and

media group...

Read more

UPDATE 2-Utility Suez's shares up on report Engie considering full bid

* Companies were demerged in 2008

(adds context on company relationships, details)

Read more

RPT-Better rules, long IPO wait mean secondary market boom for 'unicorns'

SAN FRANCISCO, Dec 19 (Reuters) - After the debacle that

preceded the initial public offering of Facebook Inc in

2012, when the company's stock changed hands at wildly varying

prices and with little...

Read more

BlackBerry posts another quarterly loss, revenue slides

TORONTO, Dec 20 (Reuters) - BlackBerry Ltd

posted another loss and a 47.3 percent fall in third-quarter

revenue on Tuesday as the software growth it is relying on

failed to make up for shrinking...

Read more

Britain's FTSE falls, miners in the doldrums

LONDON, Dec 20 (Reuters) - Britain's top share index fell on

Tuesday as miners pulled back, though Lloyds rose after

a deal to buy a credit card business.

Read more

BRIEF-Shares in Monte dei Paschi up 4 pct in early trade

* Shares up 4 percent in early trade

Further company coverage:

(Reporting by Milan newsroom)

Read more

Better rules, long IPO wait mean secondary market boom for 'unicorns'

SAN FRANCISCO, Dec 19 (Reuters) - After the debacle that

preceded the initial public offering of Facebook Inc in

2012, when the company's stock changed hands at wildly varying

prices and with little...

Read more

BRIEF-Telecom Italia shares up around 2 pct in early trade

* shares up around 2 percent in early trade

Further company coverage:

(Reporting by Milan newsroom)

Read more

Monday, December 19, 2016

UPDATE 1-Conatus to get $50 mln in liver drug deal with Novartis, shares jump

Dec 19 (Reuters) - Swiss drugmaker Novartis on

Monday said it signed a licensing deal to co-develop a fatty

liver disease drug with Conatus Pharmaceuticals Inc,

under which the small U.S. company...

Read more

UPDATE 3-Clovis's ovarian cancer drug wins accelerated FDA approval

* Shares soar as much as 26 pct

(Adds Lynparza sales and Rubraca sales estimate)

Read more

European shares retreat from 11-month highs as Monte Paschi slumps

* Drax Group jumps after upgrade

(Adds detail, updates prices at close)

Read more

REFILE-European shares retreat from 11-month highs as Monte Paschi slumps

MILAN, Dec 19 (Reuters) - European shares retreated from

11-month highs on Monday, with Italy's Monte dei Paschi

leading banks lower on worries over a cash call, and

Danone hit after the world's...

Read more

UPDATE 2-Food group Danone sees 2016 sales growth below target

* Weaker-than-expected Q4 performance at European dairy

business

Read more

European shares weighed down by weaker financial stocks, Danone

MILAN, Dec 19 (Reuters) - European shares fell slightly in

early deals on Monday, weighed down by weaker financial stocks,

while Danone was among the top losers after warning over its

sales growth.

Read more

UPDATE 1-Quadruple witching day is not that scary for markets

NEW YORK, Dec 16 (Reuters) - Friday marked "quadruple

witching day," the quarterly simultaneous expiration of U.S.

options and futures contracts, but ominous as it sounds,

traders may have little to...

Read more

Friday, December 16, 2016

Patriot National shares fall as dividend delayed further

Dec 16 (Reuters) - Shares of Patriot National Inc

fell 4.6 percent on Friday after it announced late Thursday that

it could not pay a special dividend pending a court hearing that

would happen late...

Read more

Quadruple witching day is not that scary

NEW YORK, Dec 16 (Reuters) - Friday marked "quadruple

witching day," the quarterly simultaneous expiration of U.S.

options and futures contracts, but ominous as it sounds,

traders may have little to...

Read more

Britain's FTSE posts 2nd week of gains, oil lends support

* Micro Focus falls after downgrade

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

Read more

BRIEF-Monte dei Paschi shares suspended after falling 3.7 pct

* shares in the Italian lender are temporarily suspended

after falling 3.7 percent

Read more

UPDATE 1-Chipotle names new directors, including Bill Ackman's nominees

Dec 16 (Reuters) - Chipotle Mexican Grill Inc, under

pressure from activist investor Bill Ackman, appointed four more

members to its board, including nominees from Ackman's Pershing

Square Capital...

Read more

UPDATE 2-Honeywell forecasts 2017 earnings largely below expectations

* Expects 2017 organic sales growth of 1-3 pct

(Adds background)

Read more

Britain's FTSE inches lower, still on track for 2nd week of gains

LONDON, Dec 16 (Reuters) - Britain's top share index edged

down on Friday after hitting a seven-week high the previous day,

with IT firm Micro Focus falling after a rating

downgrade and Antofagasta...

Read more

UPDATE 1-Actelion's shares jump on report of Sanofi deal nearing

* potential deal could come next week - Bloomberg

(Adds shares, background on negotiations)

Read more

Turkey arrests Dogan executive in Gulen-linked probe - state media

ISTANBUL, Dec 16 (Reuters) - Turkey has formally arrested an

executive of Dogan Holding, a conglomerate with major

media interests, in a widening probe into a U.S.-based cleric

Ankara accuses of...

Read more

BRIEF-Monte dei Paschi shares up 4 pct, debt swap offer reopened

* Monte dei Paschi has opened its offer for a debt to equity

conversion, a major part of a privately-funded rescue of the

troubled bank, to retail investors.

Further company coverage:

(Reporting...

Read more

Thursday, December 15, 2016

Italy's PM says Mediaset important, justifies monitoring over Vivendi raid

BRUSSELS, Dec 15 (Reuters) - Italy's Prime Minister Paolo

Gentiloni said on Thursday he considers Mediaset and the

telecommunications sector as important and will monitor it

against hostile...

Read more

UPDATE 1-Italy PM says monitoring broadcaster Mediaset as Vivendi buys stake

BRUSSELS, Dec 15 (Reuters) - Italy's Prime Minister Paolo

Gentiloni said on Thursday he considers Mediaset and the

telecommunications sector as important and will monitor it

against hostile...

Read more

UPDATE 1-Oracle's Q2 revenue rises less than expected

Dec 15 (Reuters) - Oracle Corp reported a

smaller-than-expected rise in quarterly adjusted revenue as the

business software maker's sales from countries outside the

United States were weighed down by...

Read more

UPDATE 1-SQM controller abandons stake sale as offers fall short

SANTIAGO, Dec 15 (Reuters) - The sale of an indirect stake

in Chile's SQM, one of the world's biggest producers of lithium

and iodine, has ended without a successful buyer, after the

owner of the...

Read more

UPDATE 4-Lilly eases investors' jitters with strong 2017 forecast

* Shares jump 5.7 percent

(Adds ADA recommendation, U.S. launch of insulin product;

updates shares)

Read more

UPDATE 3-Yahoo shares fall on worries new breach will kill Verizon deal

Dec 15 (Reuters) - Yahoo Inc shares fell more than

5 percent on Thursday after the technology company disclosed a

second massive data breach that raised fears Verizon might kill

a deal to buy its...

Read more

BRIEF-Monte dei Paschi up 4 pct in volatile trade

* Shares in the troubled lender rise 4 percent by 1511 GMT

after briefly reducing gains in volatile trade

Further company coverage:

(Reporting by Milan newsroom)

Read more

U.S. senator seeks probe of Yahoo security after massive hack revealed

WASHINGTON, Dec 15 (Reuters) - A senior Democratic senator

on Thursday said he intended to investigate Yahoo's cyber

security practices after the company announced it had uncovered

another massive...

Read more

Punch Taverns agrees to takeover from Heineken and partner

Dec 15 (Reuters) - British pub operator Punch Taverns Plc

has agreed to a takeover offer from Dutch brewer

Heineken NV and investment partner Patron Capital, it

said on Thursday.

Read more

UPDATE 1-Punch Taverns agrees to takeover from Heineken and partner

Dec 15 (Reuters) - Dutch brewer Heineken NV and

its investment partner Patron Capital have agreed a 403 million

pound ($503 million) takeover offer for British pubs group Punch

Taverns Plc, the...

Read more

UPDATE 2-EDF shares slump after warning of lower earnings in 2017

* Overcapacity, low demand depress power prices

(Adds detail about earnings, stock price, analyst comment)

Read more

Silver miner Hochschild says production halted at mine in Peru

Dec 15 (Reuters) - Silver miner Hochschild Mining Plc

said production at its Pallancata silver mine in Peru

had been temporarily suspended, as members of a local community

blocked a road and...

Read more

UPDATE 1-Italy's Mediaset shares slip as raider Vivendi reaches goal

MILAN, Dec 15 (Reuters) - Mediaset shares fell on

Thursday after France's Vivendi said it had reached its

initial goal of amassing a 20 percent stake in Italy's biggest

private broadcaster.

Read more

UPDATE 2-Lonza to buy U.S. capsule maker Capsugel for $5.5 bln

Dec 15 (Reuters) - Lonza Group AG will buy

Capsugel, a U.S. maker of capsule products and other drug

delivery systems, for $5.5 billion in cash, it said on Thursday,

in the Swiss pharmaceutical...

Read more

BRIEF-Monte dei Paschi shares suspended after rising 7.3 pct

* Shares in the troubled lender were temporarily suspended

from trading after rising 7.3 percent

Read more

Wednesday, December 14, 2016

Yahoo discloses new data breach affecting 1 bln accounts

Dec 14 (Reuters) - Yahoo Inc said on Wednesday that

it has identified a new system breach that occurred in August

2013 and involved data associated with more than one billion

user accounts.

Read more

UPDATE 2-U.S. files first charges in generic drug price-fixing probe

WASHINGTON, Dec 14 (Reuters) - The U.S. Department of

Justice accused two former generic pharmaceutical executives on

Wednesday of colluding with other generic manufacturers to fix

prices, the first...

Read more

U.S. files first charges in generic drug price-fixing probe - Bbg

Dec 14 (Reuters) - The U.S. Department of Justice accused

two executives of Heritage Pharmaceuticals Inc of colluding with

other generic drugmakers to fix prices, the first criminal

charges stemming...

Read more

UPDATE 1-Britain's FTSE edges down, hit by Dixons Carphone slump

* UK data points to mixed economic picture

(Adds detail, updates prices at close)

Read more

UPDATE 1-CMC Markets reviews its options as Britain plans spreadbetting clampdown

Dec 14 (Reuters) - Spreadbetting group CMC Markets Plc

said on Wednesday it was considering future options for

its business after Britain's finance watchdog proposed

tightening regulation of the...

Read more

CMC Markets reviews its options after spreadbetting clamp down

Dec 14 (Reuters) - Spreadbetting group CMC Markets Plc

said on Wednesday it was considering future options for

its business after Britain's finance watchdog proposed

tightening up regulation of the...

Read more

UPDATE 1-Micro Focus shares lifted by surprise first-half revenue rise

* Shares up 4 pct to two-month high

(Adds CEO comments, analyst reaction, shares)

Read more

UPDATE 3-Actelion talks to new party, reported to be Sanofi, as J&J drops bid

NEW YORK/ZURICH, Dec 14 (Reuters) - Switzerland's Actelion

Ltd confirmed it was in talks about a "strategic

transaction", with a report that Sanofi had filled the

gap left after U.S. healthcare group...

Read more

Britain's FTSE edges down, hit by Dixons Carphone slump

LONDON, Dec 14 (Reuters) - Britain's top share index dipped

on Wednesday, dropping back from its highest close since

October, as Dixons Carphone turned lower after results.

Read more

Australia shares buoyed by M&A activity; NZ ends at month low

Dec 14 (Reuters) - Australian shares ended at a more than

four-month high on Wednesday, underpinned by mergers and

acquisitions activity while traders awaited the outcome of the

U.S. Federal...

Read more

Tuesday, December 13, 2016

UPDATE 2-JetBlue to double share buyback as checked bag fees boost revenue

NEW YORK, Dec 13 (Reuters) - JetBlue Airways Corp

on Tuesday said it was earning more than expected from checked

bag fees and higher-priced fares and it plans to double the

money it will return to...

Read more

UPDATE 2-Proteon Therapeutics kidney drug fails key study, shares slump

* Shares plummet about 75 pct to hit a record low

(Adds analyst comment; updates shares)

Read more

BRIEF-Former industry minister Passera says has no plan for Monte dei Paschi

Dec 13 (Reuters) - Former industry minister Corrado Passera

says:

Read more

Paysafe rejects Spotlight Research report on illegal gambling

Dec 13 (Reuters) - Paysafe Group Plc on Tuesday

denied allegations from Spotlight Research, which claimed that

the company was enabling both illegal gambling and Chinese

capital control evasion.

Read more

UPDATE 5-Japan's Asahi expands in Europe with AB InBev beer deal

* Asahi shares close down 4.6 pct on funding questions

(Adds additional adviser)

Read more

UPDATE 2-Bollore turns up heat on Berlusconi over Mediaset stake

* Mediaset top investor brands move a hostile takeover

attempt

Read more

CORRECTED-UPDATE 1-Mediaset shares soar after Vivendi stirs talk of takeover bid

MILAN, Dec 13 (Reuters) - Shares in Italian broadcaster

Mediaset jumped more than 20 percent on Tuesday on the

expectations of a possible hostile takeover bid by French media

group Vivendi, which has...

Read more

BRIEF-Shares in UniCredit erase early losses after cash call announcement

* Shares down as much as 5.4 percent at open after bank

announces 13 billion euro share issue, 18 billion euro bad loan

disposals

Read more

Monday, December 12, 2016

European shares pull back from 11-month high, oil stocks soar

MILAN/LONDON, Dec 12 (Reuters) - Europe retreated from an

11-month high on Monday with falls in shares such as Swedish

biometric technology firm Fingerprint and Swiss

drugmaker Lonza outweighing a...

Read more

FTSE slips from highs as gold miners lose lustre

LONDON, Dec 12 (Reuters) - Britain's top share index slipped

on Monday after gaining in the previous five sessions in a row,

with outsourcing group Capita extending its recent

losses and precious...

Read more

UPDATE 2-National Amusements pulls CBS, Viacom merger proposal

NEW YORK, Dec 12 (Reuters) - Sumner Redstone's

privately-held National Amusements on Monday withdrew its merger

proposal for CBS and Viacom, citing prospects

for a turnaround at Viacom under its new...

Read more

SCENARIOS-Monte dei Paschi faces difficult choices as refinancing deadline looms

MILAN/FRANKFURT, Dec 12 (Reuters) - Italy's Banca Monte dei

Paschi di Siena will likely turn to Rome to help plug

a hole in its finances within weeks, officials and regulators

believe, although many...

Read more

UPDATE 1-Achaogen's lead antibiotic succeeds in two key studies

Dec 12 (Reuters) - Achaogen Inc's plazomicin, being

developed to fight multi-drug resistant bacterial infections,

was successful in two pivotal studies, prompting the company to

proceed with...

Read more

National Amusements pulls CBS, Viacom merger proposal -source

NEW YORK, Dec 12 (Reuters) - Sumner Redstone's

privately-held National Amusements on Monday withdrew its merger

proposal for CBS and Viacom, according to a

source familiar with the situation who...

Read more

European shares pull back but oil rally limits losses

MILAN, Dec 12 (Reuters) - European shares fell on Monday

after a rally last week, as weaker drug makers more than offset

gains by oil stocks to near 17-month highs.

Read more

Britain's FTSE steadies near 1-month high, supported by oil

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

near a one-month high on Monday, supported by a surge in the oil

sector after OPEC and non-OPEC producers agreed to curtail oil

production in...

Read more

UPDATE 2-France's Amundi to buy Pioneer from UniCredit for 3.6 bln euros

* UniCredit shares also rise

(Adds details, share price reaction)

Read more

BRIEF-Shares in Monte dei Paschi rise more than 5 pct

* Shares in the bank are up more than 5 percent after it

said on Sunday it would press ahead with its privately-funded

capital plan.

Further company coverage:

(Reporting by Milan newsroom,...

Read more

UPDATE 1-Questions around Capita's strategy after asset management shock

EDINBURGH, Dec 9 (Reuters) - Shares in Capita fell

for a second day on Friday after a profit warning and decision

to sell its asset management business left analysts questioning

the British...

Read more

Friday, December 9, 2016

BRIEF-Monte dei Paschi shares close down 10.6 percent

* shares close down 10.6 percent after a source told Reuters

the European Central Bank rejected a request by the bank for

more time to raise capital

Further company coverage:

(Reporting by...

Read more

FTSE records best week since July, Sky surges 27 pct on Fox bid

* Sky jumps 27 pct on takeover approach

(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

Shares in Britain's Capita fall further as investors shun strategy

EDINBURGH, Dec 9 (Reuters) - Shares in Capita fell

further on Friday after a profit warning and the decision to

sell its asset management business left investors questioning

the British outsourcing...

Read more

BRIEF-Monte dei Paschi chairman is not at all worried about bank's situation

* Chairman Alessandro Falciai says he is not at all worried

about the bank's situation

Read more

No time, investors for private rescue of Monte dei Paschi by year-end - source

MILAN, Dec 9 (Reuters) - A consortium of investment banks

that must decide whether to underwrite a privately-backed

5-billion euro rescue plan for Monte dei Paschi di Siena

believes there is not...

Read more

BRIEF-Monte dei Paschi down 15.5 pct after Reuters report of ECB rejection

* the European Central Bank has rejected a request by the

lender for more time to raise capital, a source told Reuters, a

decision that piles pressure on the Rome government to bail out

the lender...

Read more

BRIEF-Monte dei Paschi shares fall after Reuters report of ECB rejection

* a source told Reuters on Friday the European Central Bank

had rejected a request by the bank for more time to raise

capital

Source text for Eikon:

Further company coverage:

(Reporting by Milan...

Read more

BRIEF-Monte dei Paschi shares halted after falling 4.5 percent

* a source told Reuters on Friday the European Central Bank

had rejected a request by the bank for more time to raise

capital

Source text for Eikon:

Further company coverage:

(Reporting by Milan...

Read more

Britain's FTSE gains, on track for best week since July

* Rally in bank stocks falters

(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

BRIEF-UniCredit shares down 5 pct

* Shares are down 5 percent after earlier having been halted

limit down

Read more

UPDATE 1-Japan's Sumitomo Corp to buy Irish banana firm Fyffes for $800 mln

DUBLIN, Dec 9 (Reuters) - Japanese trading firm Sumitomo

Corporation has agreed to buy Irish banana producer

Fyffes for 751 million euros ($798 million), a 49

percent premium to Thursday's price, and...

Read more

UPDATE 1-Fears of Beijing gambling crackdown sends casino stocks crashing

* China clamping down on capital outflows as FX reserves

shrink

Read more

Thursday, December 8, 2016

Fears of Beijing gambling crackdown sends casino stocks crashing

HONG KONG, Dec 9 (Reuters) - Casino stocks from Australia's

Crown Resorts to Las Vegas Sands tumbled after

a report that Macau, the world's biggest gambling hub, would

limit cash withdrawals as part...

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UPDATE 1-Casino stocks fall after report of ATM cash withdrawal limit in Macau



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UPDATE 1-Citron calls Express Scripts culprit in drug price gouging

Dec 8 (Reuters) - Short seller Citron's Andrew Left has

turned his sights on Express Scripts Holding Co,

calling the pharmacy benefit manager (PBM) the "culprit behind

pharmaceutical price gouging."

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Casino stocks fall after report of ATM cash withdrawal limit in Macau

Dec 8 (Reuters) - Macau was preparing to slash in half the

amount of cash China UnionPay bank card holders can withdraw

from ATM machines in the city, the South China Morning Post

reported, citing a...

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Citron calls Express Scripts culprit in drug price gouging

Dec 8 (Reuters) - Short seller Citron's Andrew Left has

turned his sights on Express Scripts Holding Co,

calling the pharmacy benefit manager (PBM) the "real culprit

behind pharmaceutical price...

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Britain's FTSE lags Europe after ECB extends stimulus

* Sports Direct down after weak 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)

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UPDATE 1-British lawmakers urge clampdown on bookmakers' betting machines

* Shares in William Hill, Ladbrokes fall 7 pct

(Adds background, William Hill comment)

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British lawmakers urge clampdown on bookmakers' betting machines

LONDON, Dec 8 (Reuters) - Britain should drastically reduce

the limit on the amount of money gamblers can stake on

fixed-odds-betting terminals to tackle problems in the industry,

a committee of...

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Britain's FTSE, propped up by ECB, dips on Capita slump

LONDON, Dec 8 (Reuters) - UK shares fell on Thursday,

breaking a three-day winning streak as shares in outsourcing

firm Capita tumbled on a profit warning, though with the

ECB expected to extend its...

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UPDATE 2-Sports Direct warns tough times ahead after Brexit knocks profit

* Shares 8.5 pct lower, down more than half in 12 months

(Releads, adds share price fall, analyst reaction)

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UPDATE 1-Novae's shares slump after insurer warns on FY underwriting contributions

Dec 8 (Reuters) - Lloyd's of London insurer Novae Group Plc

said larger individual risk and catastrophe losses in

the year would lead to its full-year underwriting contribution

being lower than it...

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BRIEF-UniCredit shares turn negative, down 0.9 pct

* Shares turn negative, down 0.9 percent after earlier

rising 2 percent

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BRIEF-UniCredit shares up 1.9 percent after agrees Pekao sale

* Shares in Italy's biggest bank by assets rise 1.9 percent

in early trade after it agreed to sell a 33 percent stake in

Poland's second biggest bank Pekao to two Polish state

entities for $2.6...

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Wednesday, December 7, 2016

UPDATE 2-Lululemon quarterly sales top expectations, shares jump

TORONTO, Dec 7 (Reuters) - Canadian yoga and leisure apparel

retailer Lululemon Athletica Inc on Wednesday reported

quarterly profit that beat analysts' forecasts, helped by

higher-than-expected...

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UPDATE 2-Abbott seeks to abort planned acquisition of Alere

Dec 7 (Reuters) - Abbott Laboratories said on

Wednesday that it had moved to terminate its proposed

acquisition of Alere Inc, citing a "substantial loss" in

the value of the diagnostics company since...

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Swept up after Trump win, construction stocks may be vulnerable

NEW YORK, Dec 7 (Reuters) - Optimism about President-elect

Donald Trump's U.S. economic agenda has sent shares of

construction and engineering companies soaring, but the stocks

may be vulnerable if...

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UPDATE 2-EpiPen maker Mylan to restructure and cut its workforce

Dec 7 (Reuters) - Generic drugmaker Mylan NV, which

has been under fire for its price hikes on the life-saving

EpiPen allergy treatment, said on Wednesday that it would

restructure and expected to...

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UPDATE 1-Pharma, biotech stocks fall after Trump comment on drug prices

NEW YORK, Dec 7 (Reuters) - Shares of U.S. pharmaceutical

and biotechnology companies tumbled on Wednesday after

President-elect Donald Trump said he would "bring down drug

prices."

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Britain's FTSE rises again, as banks and miners lead cyclical charge

LONDON, Dec 7 (Reuters) - Britain's top share index rose on

Wednesday, rallying for a third straight session as investors

snapped up bank stocks and miners and rotated out of more

"defensive" parts...

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UPDATE 1-UK's Stagecoach says on course to hit profit target

LONDON, Dec 7 (Reuters) - British transport company

Stagecoach stuck to its forecast for a dip in annual

earnings, saying improving demand for rail travel would help

offset weakness in its bus...

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BRIEF-Italian banks up more than 3 percent

* Italy' banking stock up 3 percent

Source text for Eikon:

Further company coverage:

(Reporting by Milan newsroom)

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UPDATE 4-Trump claims $50 bln SoftBank investment due to his election win

* Son expects a lot of "deregulation" under Trump

administration

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Shares in Monte dei Paschi rise strongly at open

MILAN, Dec 7 (Reuters) - Shares in Monte dei Paschi

shot up more than 9 percent in early trade on

Wednesday after sources said Italy is preparing to take a

controlling stake in the troubled bank.

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Tuesday, December 6, 2016

SoftBank shares jump after CEO says to invest $50 bln in U.S.

TOKYO, Dec 7 (Reuters) - Shares of SoftBank Corp

soared to their highest level in more than a year on Wednesday

after Chief Executive Masayoshi Son said he would invest $50

billion in U.S....

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UPDATE 4-BMO comfortable with capital after earnings beat view

TORONTO, Dec 6 (Reuters) - Bank of Montreal's Chief

Financial Officer said he was comfortable with the

bank's capital strength, despite it being weaker than rivals',

after the lender reported...

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British clampdown raises concerns over smaller retail brokers

LONDON, Dec 6 (Reuters) - A British clampdown on retail

trading platforms prompted warnings among industry players and

investors on Tuesday that some smaller firms may not be able to

sustain their...

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UPDATE 2-JBS shares surge on spin-off plan of international units in U.S.

SAO PAULO, Dec 6 (Reuters) - Shares of Brazil's JBS

, the world's biggest beef exporter, soared on

Tuesday, adding nearly $3 billion to its market value after

management announced it would take its...

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UPDATE 3-BMO quarterly results beat market view, shares higher

* Shares up 2.4 percent

(Adds shares, further analyst comment)

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UPDATE 2-Italy readying state bailout for Monte dei Paschi bank-sources

* Private-sector solution for bank increasingly

difficult-sources

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UPDATE 1-Britain clamps down on spread betting industry

* Follows moves in Cyprus, France, Belgium

(Adds details, context, company comments, updates shares)

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BRIEF-Monte dei Paschi shares suspended after 5 pct fall

* Shares in the troubled lender were temporarily suspended

from trading after falling 5 percent

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UPDATE 1-State aid measures for Italy's Monte dei Paschi ready - sources

ROME, Dec 6 (Reuters) - Measures to allow state aid for

Banca Monte dei Paschi di Siena are ready, with the

Italian lender's hopes of pulling off a privately-backed

fundraising fading, three sources...

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UK's financial watchdog tightens rules for spread betting products

Dec 6 (Reuters) - Britain's financial watchdog proposed

tougher rules for retail financial spread betting products known

as 'contracts for difference' (CFD) after finding that 82

percent of customers...

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State aid measures for Monte dei Paschi ready - sources

MILAN/ROME, Dec 6 (Reuters) - Measures to allow state aid

for Banca Monte dei Paschi di Siena are ready but will

depend on political developments in coming days, sources

familiar with the matter said.

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BRIEF-Monte dei Paschi shares volatile in early trade

* Shares in the troubled lender fall more than 4 percent at

open, but later pare some of the losses; the stock is down 2.3

percent by 0808 GMT

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Monday, December 5, 2016

Hawaiian Airlines raises outlook, stock hits record high

Dec 5 (Reuters) - Hawaiian Holdings Inc on Monday

raised its forecast for operating unit revenue, pushing the

company's stock to a record high.

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Britain's FTSE 100 rises as mining, banking shares gain

* Precious metals miners track weaker gold price

(Follow European and UK stock markets in real time on the

Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets)

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Deep-sea prospector Fugro's shares sink after Boskalis trims holding

AMSTERDAM, Dec 5 (Reuters) - Shares in Dutch deep-sea

prospector Fugro fell 4.5 percent on Monday after

larger rival Boskalis announced that it had trimmed

its holding in the company.

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Monte dei Paschi subordinated debt drops as swap seen at risk

MILAN, Dec 5 (Reuters) - The yield on a Sept. 2020

subordinated bond by Monte dei Paschi targeted by a

debt-to-equity conversion offer launched by the Italian bank

rose on Monday as traders said the...

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BRIEF-Monte dei Paschi shares close down 4.2 pct, cash call in danger

* A 5 billion euro ($5.33 billion) rescue plan for the

troubled Italian bank hung by a thread on Monday after Prime

Minister Matteo Renzi's defeat in a referendum tipped the

country into political...

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Miners and banks help Britain's FTSE 100 to advance

LONDON, Dec 5 (Reuters) - Britain's top share index climbed

on Monday, after falling in the previous two sessions, with

basic resources stocks leading the market higher on the back of

rising prices...

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BRIEF-Shares in Monte dei Paschi turn positive in volatile trade

* Italian blue chip index FTSE MIB rise 0.2 percent

reversing early losses

Further company coverage:

(Reporting by Milan newsroom)

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BRIEF-Shares in Monte dei Paschi, UniCredit down 5 percent

* Shares in UniCredit, Monte dei Paschi down 5 percent after

delayed opening

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Australia shares to open higher after U.S. jobs data while NZ falls

Dec 5 (Reuters) - Australian shares are likely to rise on

Monday, after strong U.S jobs data further cemented a case for

an interest rate hike this year, with gains expected in basic

material stocks...

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BRIEF-Italian bank shares slump after vote; Monte Paschi seen down 10 pct

* Shares open sharply lower after PM Renzi suffers heavy

defeat in constitutional referendum

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Friday, December 2, 2016

EXCLUSIVE-U.S. networking company Ixia explores sale -sources

Dec 2 (Reuters) - Ixia, a U.S. provider of

equipment and applications that help maintain computer networks,

is exploring a potential sale, people familiar with the matter

said on Friday.

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UPDATE 1-Becton Dickinson wins reversal of $340 mln syringe award

Dec 2 (Reuters) - A federal appeals court on Friday threw

out an antitrust verdict that ordered medical device maker

Becton Dickinson and Co to pay rival Retractable

Technologies Inc $340 million in...

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Britain's FTSE slips lower ahead of Italian referendum

* Berkeley helps property stocks

(Updates throughout with close)

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BRIEF-Monte dei Paschi shares close down 5.4 pct

* Shares in the troubled bank close down 5.4 percent

Further company coverage:

(Reporting by Milan newsroom)

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BUZZ-Ambarella Inc: Biggest pct loss in more than 8 months

** Video processing chip maker's shares down as

much as 9.53 pct at $55.5; biggest intraday pct loss in more

than 8 months

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BRIEF-Monte Paschi shares suspended from trading after 5 pct drop

* Shares are suspended from trading after falling 5 percent

Further company coverage:

(Reporting by Milan newsroom)

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UPDATE 1-Medical device maker Teleflex to buy Vascular Solutions for $1 bln

Dec 2 (Reuters) - Teleflex Inc said on Friday it

agreed to buy fellow medical device maker Vascular Solutions Inc

for about $1 billion.

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Britain's FTSE falls but outperforms Europe ahead of Italy vote

LONDON, Dec 2 (Reuters) - Britain's top share index fell on

Friday, dropping to a 1-month low but outperforming European

equities as investors were unwilling to take risky bets heading

into the...

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UPDATE 1-Aixtron says has not received Obama decision on China deal

* Shares down 3.5 pct

(Adds China comment, detail, background, updates shares)

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BRIEF-Monte dei Paschi shares volatile in early trade

* Shares retrace early losses to trade up 1.3 pct at 0803

GMT

Further company coverage:

(Reporting by Milan newsroom)

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UPDATE 2-Australian formula maker flags supply glut on China rule change, shares plunge

* Bellamy warns supply glut hitting sales due to new China

rules

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Thursday, December 1, 2016

Wall Street steps into Skechers after CEO buys shares

SAN FRANCISCO, Dec 1 (Reuters) - Skechers USA's stock

was on track for its best day in over two years on

Thursday after the shoe seller's chief executive bought $11

million worth of the beleaguered...

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Britain's FTSE slips as higher costs hit consumer goods firms

* Energy shares supported by crude oil

(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-GM, Ford, Toyota post strong November U.S. auto sales

DETROIT, Dec 1 (Reuters) - Hefty discounts during a robust

Black Friday weekend helped boost November U.S. auto sales

between 4 percent and 5 percent, the first automakers to report

said on Thursday,...

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REFILE-UPDATE 1-Aradigm's inhaled antibiotic fails late-stage study, shares sink

Dec 1 (Reuters) - Aradigm Corp said on Thursday its

inhaled antibiotic for a rare, incurable disorder affecting the

lungs failed in a late-stage study, sending the company's shares

down nearly 54...

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UPDATE 1-Engineering company Parker-Hannifin to buy Clarcor in $4.3 bln deal

Dec 1 (Reuters) - Parker-Hannifin Corp, which makes

motion and control systems for the industrial and aerospace

markets, said on Thursday it would buy air filtration systems

maker Clarcor Inc for...

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Britain's FTSE slips as gold miners lose glitter

LONDON, Dec 1 (Reuters) - Britain's top equity index fell on

Thursday as water utility Severn Trent slipped after its shares

traded without rights to their latest dividend payouts, while

precious...

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UPDATE 1-Carmat shares slump after France halts heart implants

* Carmat shares down around 30 pct since start of 2016

(adds analyst comment, background)

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UPDATE 1-Turkish company Dogan's shares slide on reports executive detained

ISTANBUL, Dec 1 (Reuters) - An executive of Turkey's Dogan

Holding has been detained in an investigation related to July's

failed coup, state media reported on Thursday, sending the

company's shares...

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Carmat shares slump after French drugs agency suspends its heart implants

PARIS, Dec 1 (Reuters) - Shares in artificial heart maker

Carmat slumped on Thursday after France's national

drugs agency ordered it to suspend further implants following

the death of a patient in...

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UPDATE 3-U.S. should cede control of Fannie and Freddie -Mnuchin

NEW YORK/WASHINGTON, Nov 30 (Reuters) - U.S. President-elect

Trump's nominee for Treasury Secretary, Steven Mnuchin, on

Wednesday waded into the long-running battle over the future

control of Fannie...

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Linde chairman backs deal with Praxair - Handelsblatt

FRANKFURT, Dec 1 (Reuters) - Linde supervisory

board Chairman Wolfgang Reitzle is still in favour of a tie-up

between the German industrial gases maker and U.S. rival Praxair

, which has made a...

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