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DB starts Avolta with 'buy' on balanced business model

BUZZ-DB starts Avolta with 'buy' on balanced business model ** Deutsche Bank initiates Swiss duty-free retailer Avolta AVOL.S with "buy", saying co has balanced business and attractive investment opportunity ** DB says Avolta is the market leader in airport retail and the food & beverage (F&B) space ** The hybrid offer of retail and F&B creates a b
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Banco, Shell, WH Smith

EUROPE RESEARCH ROUNDUP-Banco, Shell, WH Smith Sept 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Banco, Shell and WH Smith on Thursday. HIGHLIGHTS * ABN Amro Bank NV ABNd.AS : JP Morgan raises to neutral from underweight * Banco Bpm BAMI.MI : JP Morgan raises to neutral from underweight * Shell Plc SHEL.L : Berenberg cuts target price to 3,100p from 3,400p * UMG UMG.AS : Citigroup cuts target price to EUR 26 from EUR 29.50 *
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FTSE 100 drops on Rentokil warning; U.S. inflation data weighs

UPDATE 1-FTSE 100 drops on Rentokil warning; U.S. inflation data weighs For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 down 0.2%, FTSE 250 off 0.6% Rentokil falls after third warning on North America weakness US consumer prices rise moderately; underlying inflation sticky UK gross domestic product shows no change in July WH Smith rises on annual revenue growth Updated at 1540 GMT By Purvi Agarwal and Khushi Singh Sept 11 (Reute
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Miners and retailers lift STOXX

LIVE MARKETS-Miners and retailers lift STOXX STOXX 600 up 0.4% UniCredit buys Commerzbank stake Mining stocks bounce Wall St futures edge lower 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 MINING AND RETAIL LIFT STOXX The STOXX 600 .STOXX is adding 0.4%, buoyed my mining .SXPP and retail stocks .SXRP which are both up 1.5%.
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BMW, Legrand, Sodexo

EUROPE RESEARCH ROUNDUP- BMW, Legrand, Sodexo Sept 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including BMW, Legrand and Sodexo, on Wednesday. HIGHLIGHTS * BMW BMWG.DE : HSBC cuts target price to EUR 85 from EUR 109 * Kion Group AG KGX.DE : JP Morgan raises to overweight from neutral * Legrand LEGD.PA : JP Morgan raises to overweight from neutral * Phoenix PHNX.L : Peel Hunt cuts target price to 650p from 690p * Sodexo EXHO.PA : JP M
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UK's WH Smith gains on FY rev growth, share buyback

BUZZ-UK's WH Smith gains on FY rev growth, share buyback ** Shares of WH Smith Plc SMWH.L jump 11.7% to 1,370p, their highest since September 2023; stock top pct gainer on FTSE 250 .FTMC index ** UK retailer posts 7% rise in annual revenue as higher travel demand propelled sales of its products ranging from sandwiches to books ** Adds, it received
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UK retailer WH Smith posts 7% annual revenue growth fuelled by travel demand

UK retailer WH Smith posts 7% annual revenue growth fuelled by travel demand Sept 11 (Reuters) - WH Smith SMWH.L reported a higher annual revenue on Wednesday as robust travel demand propelled sales of its products ranging from sandwiches to books, sending the British retailer's shares up 11%. WH Smith, an over 230-year-old brand, said trading in the new financial year so far was in line with expectations.
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STOXX eyes strong start

CORRECTED-LIVE MARKETS-STOXX eyes strong start Changes WH Smith share buyback from £500 million to £50 million in sixth paragraph 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 STOXX EYES STRONG START European stocks are heading for a strong start to Wednesday, as European traders catch up with a closely-watched U.S.
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WH Smith Announces £50 Mln Share Buyback

BRIEF-WH Smith Announces £50 Mln Share Buyback Sept 11 (Reuters) - WH Smith PLC SMWH.L : WH SMITH PLC - PRE-CLOSE TRADING UPDATE WH SMITH PLC - OUTCOME FOR YEAR TO 31 AUGUST 2024 TO BE IN LINE WITH EXPECTATIONS WH SMITH PLC - ANNOUNCES £50M SHARE BUYBACK WH SMITH PLC - GROUP REVENUE UP 7% FOR THE YEAR Source text for Eikon: ID:nRSK6366Da Further
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UK Stocks-Factors to watch on Sept. 11

UK Stocks-Factors to watch on Sept. 11 Sept 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures down 0.19%. * RIGHTMOVE: Australian property listing firm REA Group REA.AX said on Wednesday that Britain's largest real estate portal Rightmove RMV.L had rejected its 5.6 billion pounds ($7.33 billion) cash-and-stock takeover offer.
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REUTERS NEWS SCHEDULE AT 10:00 a.m. GMT/ 6:00 a.m. ET

REUTERS NEWS SCHEDULE AT 10:00 a.m. GMT/ 6:00 a.m. ET Here are the top stories and upcoming coverage plans for Reuters text service as of 10:00 a.m. GMT/ 6:00 a.m. ET. For a full schedule of news and events, go to our editorial calendar on Reuters Connect or on Media Express . TOP STORIES GLOBAL UKRAINE-CRISIS/ATTACK-RUSSIA Ukraine strikes Moscow in biggest drone attack to date Ukraine struck the Moscow region on Tuesday in its biggest drone attack so far on the Russian capital, killing at least
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