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News

PostNL's CEO to step down in April 2025

PostNL's CEO to step down in April 2025 Nov 4 (Reuters) - PostNL PTNL.AS said on Monday that CEO Herna Verhagen had decided to step down after the Dutch postal operator's annual general meeting on April 15, 2025. She will be replaced by current Chief Financial Officer Pim Berendsen. PostNL also lowered its normalised operating profit guidance for 2024, and now sees it at around 80 million euros ($87.2 million), at the low end of its previous guidance of 80-110 million euros .
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Assa Abloy, Kering, L'Oréal

EUROPE RESEARCH ROUNDUP-Assa Abloy, Kering, L'Oréal Oct 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Assa Abloy, Kering and L'Oréal, on Thursday. HIGHLIGHTS * Assa Abloy ASSAb.ST : Deutsche Bank raises target price to SEK 305 from SEK 300 * Barratt Redrow Plc BTRW.L : Morgan Stanley cuts target price to 580p from 600p * Dowlais Group Plc DWL.L : Citigroup raises to neutral from sell * Kering PRTP.PA : JP Morgan cuts target
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What to Watch in the Day Ahead - Wednesday, October 23

What to Watch in the Day Ahead - Wednesday, October 23 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT Wall Street expects Tesla to post a 9% rise in quarterly revenue when the electric vehicle maker reports third-quarter results.
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What to Watch in the Week Ahead and on Monday, October 21

What to Watch in the Week Ahead and on Monday, October 21 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT ON MONDAY Federal Reserve Bank of Dallas President Lorie Logan will speak and participate in a moderated question-and-answer session before the 2024 SIFMA (Securities Industry and Financial
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Adidas, Bellway, Nestle

EUROPE RESEARCH ROUNDUP- Adidas, Bellway, Nestle Oct 18 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Adidas, Bellway, and Nestle, on Friday. HIGHLIGHTS * Adidas AG ADSGn.DE : Baader Helvea raises to add from reduce * Bellway Plc BWY.L : Peel Hunt cuts to hold from add * Danone DANO.PA : Morgan Stanley cuts to equal weight from overweight * Greencore GNC.L : Deutsche Bank raises to hold from sell * Nestle SA NESN.S : Jefferies cut
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UK Stocks-Factors to watch on Oct 18

UK Stocks-Factors to watch on Oct 18 Oct 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.40%. * BRITISH AMERICAN TOBACCO: British American Tobacco BATS.L will launch a version of its Velo nicotine pouches using synthetic nicotine in the United States, David Waterfield, president of the company's U.S.
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FTSE 100 touches five-month closing high on optimism over rate cuts

UPDATE 1-FTSE 100 touches five-month closing high on optimism over rate cuts FTSE 100 up 0.7%, FTSE 250 climbs 0.6% ECB cuts rate as expected Rentokil climbs on N.America overhaul plans Updated at 1650 GMT By Pranav Kashyap and Sruthi Shankar Oct 17 (Reuters) - The UK's FTSE 100 closed at a near five-month high on Thursday, as pest control group Rentokil announced an overhaul of its struggling North America business, while investors continued to bet on further policy easing by the Bank of Englan
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U.S. STOCKS Avery Dennison, Snap-On, Avadel Pharma

BUZZ-U.S. STOCKS ON THE MOVE-Avery Dennison, Snap-On, Avadel Pharma Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street gained on Thursday, with the S&P 500 and the Dow touching intraday record highs, driven by TSMC's upbeat forecast and a bigger-than-expected rise in monthly retail sales indicating a strong U.S.
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U.S. STOCKS PPG Industries, Travelers, ShiftPixy

BUZZ-U.S. STOCKS ON THE MOVE-PPG Industries, Travelers, ShiftPixy Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock indexes were set to rise on Thursday, with an upbeat forecast from TSMC boosting semiconductor stocks, while a bigger-than-expected rise in September retail sales pointed to a strong U.S.
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U.S. STOCKS Meta Platforms, Elevance Health, Robinhood Markets

BUZZ-U.S. STOCKS ON THE MOVE-Meta Platforms, Elevance Health, Robinhood Markets Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures advanced on Thursday, with an upbeat forecast from TSMC boosting semiconductor stocks, while investors awaited key economic data for clues on the U.S.
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European shares close higher after ECB lowers interest rates

UPDATE 3-European shares close higher after ECB lowers interest rates For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Nordea carries banks up 1% Sartorius tops STOXX 600 after Q3 results Germany's DAX closes at a record high STOXX 600 up 0.8% Updated at 1600 GMT By Ankika Biswas, Paolo Laudani and Johann M Cherian Oct 17 (Reuters) - European stocks closed less than 1% away from record high levels on Thursday after the European Central B
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Earnings lift the STOXX, banks buoyant

LIVE MARKETS-Earnings lift the STOXX, banks buoyant STOXX 600 up 0.2% TSMC beat, earnings provide support ECB in focus Banks lead gainers Nasdaq futures rise Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EARNINGS LIFT THE STOXX, BANKS BUOYANT A number of well-received earning updates helped European shares bounce back on Thursday, following a poor start to the week on disappoin
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UK's Rentokil tops FTSE 100 on expanding North America growth initiatives

BUZZ-UK's Rentokil tops FTSE 100 on expanding North America growth initiatives ** Shares of British pest control company Rentokil Initial RTO.L up as much as 10.1% at 375.4 pence; top gainer on the FTSE 100 index ** Co expands initiatives to increase organic growth in North America ** Says review of Terminix integration program to take place early in the New Year to assess various elements, slightly delaying timing of synergy delivery by ~2-3 months ** RTO bought Terminix for $6.7 bln in 2021 bu
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Rentokil shares jump as group moves to fix North America business

UPDATE 2-Rentokil shares jump as group moves to fix North America business Sees 2025 profit and margins hurt by delay in realising Terminix acquisition benefits N. America Q3 organic revenue growth ahead of H2 guidance range Results suggest some early traction on growth plan - Jefferies Adds CEO comment, analysts comment, shares and details By Shanima A Oct 17 (Reuters) - British pest control company Rentokil RTO.L reported a 2.6% rise in third-quarter revenue and announced a management overhaul
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UK Stocks-Factors to watch on Oct 17

UPDATE 1-UK Stocks-Factors to watch on Oct 17 Adds new items, updates futures Oct 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0 .1%. * ENTAIN: British gambling group Entain ENT.L raised its 2024 net gaming revenue outlook and said it now expects core profit for the year to be towards the top end of the 1 billion pound ($1.30 billion) to 1.1 billion pound range.
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Rentokil expects hit to 2025 profit on delay in Terminix deal synergy

Rentokil expects hit to 2025 profit on delay in Terminix deal synergy Oct 17 (Reuters) - British pest control company Rentokil Initial RTO.L said on Thursday its profit and margins in 2025 will be hurt by a delay of about two to three months in realizing synergies from its acquisition U.S. rival Terminix. Reporting by Yamini Kalia in Bengaluru; Edi
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Rentokil Initial Says Terminix Integration synergies Delayed By 2-3 Months

BRIEF-Rentokil Initial Says Terminix Integration synergies Delayed By 2-3 Months Oct 17 (Reuters) - Rentokil Initial PLC RTO.L : RENTOKIL INITIAL PLC - Q3 TRADING UPDATE RENTOKIL INITIAL PLC - FY 24 REVENUE AND MARGIN GUIDANCE UNCHANGED RENTOKIL INITIAL PLC - Q3 GROUP REVENUE GROWTH OF 3.6%, ORGANIC REVENUE GROWTH OF 2.6% RENTOKIL INITIAL PLC - TER
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ECB to cut, markets want clues on next move

LIVE MARKETS-ECB to cut, markets want clues on next move Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com ECB TO CUT, MARKETS WANT CLUES ON NEXT MOVE A look at the day ahead in European and global markets from Tom Westbrook The European Central Bank is expected to make its first back-to-back rate cut in 13 years on Thursday.
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UK Stocks-Factors to watch on Oct 17

UK Stocks-Factors to watch on Oct 17 Oct 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.17%. * ZEGONA COMMUNICATIONS: Zegona Communications ZEG.L is considering terminating a long-term contract with telecom network provider Vantage Towers over prices charged by the Germany-based company, Bloomberg News reported on Wednesday.
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ECB to cut, markets want clues on next move

MORNING BID EUROPE-ECB to cut, markets want clues on next move A look at the day ahead in European and global markets from Tom Westbrook The European Central Bank is expected to make its first back-to-back rate cut in 13 years on Thursday. With that in the price, the policy outlook will be traders' focus and it will need to sound pretty dovish to drive the euro lower still.
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