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Labour ‘open for business’ stance faces early test

BREAKINGVIEWS-Labour ‘open for business’ stance faces early test The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By George Hay LONDON, July 5 (Reuters Breakingviews) - Global capital is set to provide an early test for Britain’s new government. Keir Starmer’s landslide victory in Thursday’s general election means international investors will soon find out whether his Labour Party’s claims to be “open for business” hold water.
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Expect more telco M&A ahead in Europe, MS says

BUZZ-Expect more telco M&A ahead in Europe, MS says ** After an action packed year so far in European telcos M&A space, Morgan Stanley says there's likely still more to come ** "Whilst our upbeat view on the sector is based on fundamentals, we continue to think M&A could skew the sector's risk reward upward," MS says in a July 3 note ** The broker
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Bechtle AG, Centrica, Clariant AG

EUROPE RESEARCH ROUNDUP-Bechtle AG, Centrica, Clariant AG July 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bechtle AG, Centrica and Clariant AG, on Monday. HIGHLIGHTS * Akzo Nobel NV AKZO.AS : Goldman Sachs cuts to sell from neutral * Bechtle AG BC8G.DE : Exane BNP Paribas cuts to underperform from neutral * Centrica CNA.L : Berenberg raises to buy from hold * Clariant AG CLN.S : Goldman Sachs raises to buy from neutral * Fin
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Admiral, Cucinelli, URW

EUROPE RESEARCH ROUNDUP-Admiral, Cucinelli, URW June 27 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral, Cucinelli and URW, on Thursday. HIGHLIGHTS * Admiral ADML.L : BofA Global Research raises to buy from neutral * Adriatic Metals Plc ADT1.L : Berenberg raises to buy from hold * Anglo American AAL.L : Berenberg cuts to sell from hold * Cucinelli BCU.MI : Stifel raises to buy from hold * URW URW.PA : JP Morgan raises to ne
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M&C Saatchi names Simon Fuller as CFO

UPDATE 1-M&C Saatchi names Simon Fuller as CFO Adds details on new CFO in paragraph 3, sector context in paragraph 4 and earnings details in paragraph 5 June 21 (Reuters) - British advertising group M&C Saatchi SAA.L said on Friday Simon Fuller had been appointed as its next chief financial officer, effective July 1. Fuller replaces Bruce Marson, who will revert to the position of deputy CFO, the company said in a statement.
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Hargreaves Lansdown, Segro, Umicore

EUROPE RESEARCH ROUNDUP-Hargreaves Lansdown, Segro, Umicore June 19 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Hargreaves Lansdown, Segro and Umicore, on Wednesday. HIGHLIGHTS * GEA Group AG G1AG.DE : Jefferies raises to buy from hold * Hargreaves Lansdown HRGV.L : Jefferies cuts to hold from buy * Oxford Instruments OXIG.L : Berenberg raises target price to 2,945p from 2,640p * Segro SGRO.L : Jefferies cuts to hold from buy *
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Carlos Slim’s BT stake may just be a prelude

RPT-BREAKINGVIEWS-Carlos Slim’s BT stake may just be a prelude The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pierre Briancon LONDON, June 13 (Reuters Breakingviews) - As New York Times stakeholders discovered during the global financial crisis, Carlos Slim has an eye for a bargain. The Mexican billionaire and controlling owner of Latin America’s $52 billion telecommunications group América Móvil AMXB.MX just spent $520 million to acquire a 3% stake
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Carlos Slim’s BT stake may just be a prelude

BREAKINGVIEWS-Carlos Slim’s BT stake may just be a prelude The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pierre Briancon LONDON, June 13 (Reuters Breakingviews) - As New York Times stakeholders discovered during the global financial crisis, Carlos Slim has an eye for a bargain. The Mexican billionaire and controlling owner of Latin America’s $52 billion telecommunications group América Móvil AMXB.MX just spent $520 million to acquire a 3% stake in
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UK's BT up after Carlos Slim buys 3% stake

BUZZ-UK's BT up after Carlos Slim buys 3% stake ** Shares of BT Group BT.L jump 2.5% to 132.7 pence ** Stock among top gainers on FTSE 100 index .FTSE ** Mexican magnate Carlos Slim buys 3.16% stake in British telecom giant, according to market filing on Wednesday ** Slim's stake has market value of about 408 mln pounds ($522.00 mln) based on BT's
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British Business - June 13

PRESS DIGEST-British Business - June 13 June 13 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Starling Bank has signalled that it is edging closer to a stock market listing in London after higher interest rates propelled the digital-only lender to its third year of profits.
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Financial Times - June 13

PRESS DIGEST- Financial Times - June 13 June 13 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Mexican billionaire Carlos Slim takes 3% stake in BT - EY's UK boss Hywel Ball triggers leadership race after deciding to step down - Permira appoints co-CEOs to succeed Kurt Bjorklund - Labour will consult on plan to raise tax on private equity bosses Overview - Mexican billionaire Carlos S
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Carlos Slim takes 3% stake in Britain's BT

Carlos Slim takes 3% stake in Britain's BT LONDON, June 12 (Reuters) - Mexican magnate Carlos Slim has taken a 3.16% stake in BT BT.L , Britain's biggest broadband and mobile operator, according to a stock market filing on Wednesday, in a boost to the company's new chief executive Allison Kirkby. The stake bought by Slim, whose family controls telecommunications giant America Movil AMXB.MX , has a market value of about 408 million pounds ($522 million), based on BT's closing share price on Wedne
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Mexico’s Carlos Slim Takes 3% Stake In FT

BRIEF-Mexico’s Carlos Slim Takes 3% Stake In BT - FT June 12 (Reuters) - MEXICO’S CARLOS SLIM TAKES 3% STAKE IN BT - FT Further company coverage: BT.L
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British Business - June 7

REFILE-PRESS DIGEST-British Business - June 7 Corrects date to June 7 June 7 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Mike Lynch, the founder of Autonomy, one of Britain's most successful technology companies, has been found not guilty of fraud by a jury in San Francisco, winning a criminal case in which he was accused of duping Hewlett Packard HPE.N out of
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British Business - June 5

PRESS DIGEST-British Business - June 5 June 5 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Roman Silha, who heads mergers and acquisitions for Kretinsky's investment vehicle EP Group, has met union bosses in an attempt to convince them of the merits of 3.6 billion pounds ($4.60 billion) takeover of Royal Mail's parent company.
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AJ Bell, Kone Oyj, Wizz Air

EUROPE RESEARCH ROUNDUP-AJ Bell, Kone Oyj, Wizz Air May 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including AJ Bell, Kone Oyj and Wizz Air, on Friday. HIGHLIGHTS * AJ Bell AJBA.L : RBC raises target price to 380p from 320p * Greencore Group Plc GNC.L : Deutsche Bank raises target price to 130p from 105p * Kone Oyj KNEBV.HE : HSBC raises to buy from hold * Ocado OCDO.L : JP Morgan raises target price to 450p from 350p * Wizz Air WIZZ.
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Cher, Demi Moore entertain guests at glamorous Cannes fundraiser for AIDS

UPDATE 1-Cher, Demi Moore entertain guests at glamorous Cannes fundraiser for AIDS Writes through after event By Miranda Murray CANNES, France, May 23 (Reuters) - From Cher to Demi Moore and Magic Johnson, the fashion and entertainment industry's biggest names decamped to Antibes on Thursday night to raise money for AIDS research in one of the most luxurious, and secluded, settings on the French Riviera.
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British Business - May 23

PRESS DIGEST-British Business - May 23 May 23 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - British Prime Minister Rishi Sunak called a national election on Wednesday for July 4, saying Britons would be able to choose their future in a vote his Conservatives are widely expected to lose to the opposition Labour Party after 14 years in power.
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Assura, Cranswick, Weir Group

EUROPE RESEARCH ROUNDUP- Assura, Cranswick, Weir Group May 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Assura, Cranswick and Weir Group, on Wednesday. HIGHLIGHTS * Assura AGRP.L : Jefferies cuts to hold from buy * Babcock BAB.L : Barclays raises target price to 560p from 529p * Cranswick Plc CWK.L : Berenberg raises target price to 5312p from 4921p * Prudential PRU.L : Jefferies cuts target price to 1,350p from 1,750p * Weir
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UK Stocks-Factors to watch on May 22

UPDATE 1-UK Stocks-Factors to watch on May 22 Updates futures, Adds news items May 22 - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.57%. * M&S: British retailer Marks & Spencer MKS.L reported a 58% rise in annual profit, ahead of market expectations, as its strategy to re-shape the business delivered strong sales growth in both its food and clothing divisions.
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