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British Business - July 16

PRESS DIGEST-British Business - July 16 July 16 (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 luxury label Burberry BRBY.L has replaced Jonathan Akeroyd, its chief executive, with Joshua Schulman and axed its dividend after issuing the latest in a series of profit warnings.
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Danske Bank, Entain, Halma

EUROPE RESEARCH ROUNDUP-Danske Bank, Entain, Halma July 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Danske Bank, Entain and Halma, on Wednesday. HIGHLIGHTS * Danske Bank DANSKE.CO : Berenberg initiates coverage with hold rating; PT DKK 215 * Entain ENT.L : JP Morgan cuts target price to 900p from 910p * Halma HLMA.L : JP Morgan raises target price to 2,350p from 2,000p * Novonesis NSISb.CO : JP Morgan raises target price to
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JPM sees growth for UK utilities with investment boost, regulatory clarity

BUZZ-JPM sees growth for UK utilities with investment boost, regulatory clarity ** Shares in UK utilities .FTUB6510 up 0.5% at 727.3 pence vs FTSE 100 index .FTSE which is flat at 0.03% ** J.P. Morgan predicts continued growth for UK utilities with increase in investment and regulatory clarity ** Predicts rise in National Grid's NG.L and SSE's SSE.
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Labour win spells more regulatory clarity for UK utilities, JPM says

Labour win spells more regulatory clarity for UK utilities, JPM says July 5 (Reuters) - British utilities are expected to benefit from an increase in investment and regulatory clarity after the centre-left Labour Party's victory in the parliamentary election, analysts at JP Morgan said on Friday. The FTSE utilities index .FTUB6510 was up 0.6% by 0921 GMT, with gains led by British Gas owner Centrica CNA.L and power plant operator Drax DRX.L .
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British Business - July 5

PRESS DIGEST-British Business - July 5 July 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 - British savings and life insurance company Utmost is aiming for a 2 billion pounds ($2.55 billion) flotation in London within two years after striking a deal to buy Lombard International, the wealth manager.
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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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Centrica Says All Resolutions Proposed At AGM Were Passed

BRIEF-Centrica Says All Resolutions Proposed At AGM Were Passed June 5 (Reuters) - Centrica PLC CNA.L : ALL RESOLUTIONS PROPOSED AT AGM WERE DECIDED ON A POLL AND WERE PASSED Source text for Eikon: ID:nRSE2706Ra Further company coverage: CNA.L
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UK's Centrica falls as lack of buyback disappoints

BUZZ-UK's Centrica falls as lack of buyback disappoints Updates ** Shares of UK Gas owner Centrica CNA.L down 2.6% at 138.6p; among top losers on FTSE 100 index .FTSE ** Sees FY adjusted EPS in line with consensus analyst expectations * * However, co did not announce a share buyback, which a nalysts at J.P.Morgan say "could disappoint" investors **
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FTSE 100 ends higher on revived US rate cut bets, ECB awaited

UPDATE 2-FTSE 100 ends higher on revived US rate cut bets, ECB awaited For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 up 0.2%, FTSE 250 off 0.2% B&M falls after preliminary full-year results Weaker US jobs data cements rate cut bets Updated at 1550 GMT By Pranav Kashyap and Purvi Agarwal June 5 (Reuters) - Britain's FTSE 100 closed higher on Wednesday, buoyed by economic data cementing bets for a September rate cut by the U.S.
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UK's Centrica down after in-line profit forecast

BUZZ-UK's Centrica down after in-line profit forecast ** Shares of UK Gas owner Centrica CNA.L down 2.6% at 138.6p; among top losers on FTSE 100 index .FTSE ** Sees FY adjusted EPS to be in line with consensus analyst expectations ** Says profitability to be strongly weighted to the first half of the year ** CNA says performance for year so far has
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Centrica Performance So Far This Year Has Been In Line With Expectations

BRIEF-Centrica Performance So Far This Year Has Been In Line With Expectations Centrica PLC CNA.L : CENTRICA: PERFORMANCE SO FAR THIS YEAR HAS BEEN IN LINE WITH EXPECTATIONS CENTRICA: FULL YEAR GROUP ADJUSTED EARNINGS PER SHARE ARE EXPECTED TO BE IN-LINE WITH CONSENSUS ANALYST EXPECTATIONS CENTRICA: SECOND HALF RESULTS ARE EXPECTED TO REFLECT LOWER COMMODITY PRICES AND, FOR CES+, LOWER SEASONAL GAS PRICE SPREADS AND VOLATILITY.
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Eiffage, Quilter, Ricardo

EUROPE RESEARCH ROUNDUP-Eiffage, Quilter, Ricardo June 3 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Eiffage, Quilter and Ricardo, on Monday. HIGHLIGHTS * Acciona Energia ANE.MC : Morgan Stanley raises to equalweight from underweight * Eiffage FOUG.PA : Goldman Sachs raises to buy from neutral * Quilter Plc QLT.L : JP Morgan raises to overweight from neutral * Ricardo Plc RCDO.L : Berenberg raises to buy from hold * St.
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London stocks end higher for third month

UPDATE 2-London stocks end higher for third month For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 up 0.5%, FTSE 250 gains 0.3% JD Sports slumps on unchanged profit outlook U.S. inflation data in-line, rate cuts bets revive Updated at 1605 GMT By Pranav Kashyap and Purvi Agarwal May 31 (Reuters) - London stocks closed higher on Friday, logging a third straight month of gains, as investors cheered an in-line inflation reading from
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European shares rise after US inflation data keeps Fed rate cut hopes alive

UPDATE 3-European shares rise after US inflation data keeps Fed rate cut hopes alive For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Capgemini down on ratings downgrade Saab jumps after getting $727 mln defence equipment order STOXX 600 up 0.3%, logs monthly gains Updated at 1550 GMT By Shubham Batra and Shashwat Chauhan May 31 (Reuters) - European shares rose on Friday after softer U.S.
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Capegemini, Quilter, Telecom Italia

EUROPE RESEARCH ROUNDUP- Capegemini, Quilter, Telecom Italia May 31 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Capegemini, Quilter and Telecom Italia, on Friday. HIGHLIGHTS * Alphawave IP Group Plc AWE.L : Jefferies cuts target price to 155p from 270p * Capgemini CAPP.PA : JP Morgan cuts to neutral from overweight * De La Rue Plc DLAR.L : Deutsche Bank raises target price to 95p from 80p * Quilter Plc QLT.L : Citigroup raises
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ABB Ltd, Capital & Regional Plc, Neste Oyj

EUROPE RESEARCH ROUNDUP- ABB Ltd, Capital & Regional Plc, Neste Oyj May 15 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including ABB Ltd, Capital & Regional Plc and Neste Oyj, on Wednesday. HIGHLIGHTS * ABB Ltd ABBN.S : TD Cowen raises target price to CHF 46 from CHF 38 * Capital & Regional Plc CAL.L : Berenberg cuts target price to 65p from 68p * Hannover Re HNRGN.DE : HSBC raises target price to EUR 235 from EUR 225 * Neste Oyj NESTE.H
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British Business - May 9

PRESS DIGEST-British Business - May 9 May 9 (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 - John Wood Group WG.L has rejected a 1.4 billion pounds ($1.75 billion) takeover bid from a smaller rival, Sidara, saying it "fundamentally undervalued" the engineering consultancy.
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Adecco Group, Centrica, UBS

EUROPE RESEARCH ROUNDUP-Adecco Group, Centrica, UBS May 8 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adecco Group, Centrica and UBS, on Wednesday. HIGHLIGHTS * Adecco Group AG ADEN.S : RBC raises to outperform from sector perform * Centrica CNA.L : UBS raises to buy from neutral * Direct Line Insurance DLGD.L : Morgan Stanley resumes coverage with equal-weight rating * Lindt & Spruengli LISN.S : Barclays raises to equal weight
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Octopus Energy says its valuation has risen to $9 bln

UPDATE 1-Octopus Energy says its valuation has risen to $9 bln Adds detail throughout LONDON May 7 (Reuters) - Octopus Energy's valuation has risen by 15% to $9 billion after two shareholders increased their stakes in the energy and technology group, it said on Tuesday. Generation Investment Management has raised its stake to 13% and Canada Pension Plan Investment Board increased its stake to 12%.
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Octopus Energy becomes Britain’s largest home electricity supplier

Octopus Energy becomes Britain’s largest home electricity supplier LONDON, April 29 (Reuters) - Octopus Energy has become Britain's largest domestic electricity supplier by customer numbers, latest Ofgem data showed after the company added 1.3 million customers following its takeover of Shell Energy late last year. Octopus Energy, which is eight years old, has overtaken Centrica’s CNA.L British Gas which had been the largest electricity supplier for almost the past twenty years, Ofgem data s
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