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Academic publishers face class action over ‘peer review’ pay, other restrictions

Academic publishers face class action over ‘peer review’ pay, other restrictions By Mike Scarcella Sept 13 (Reuters) - A University of California Los Angeles neuroscience professor has sued six major academic journal publishers, claiming in a proposed class action that they violated antitrust law by barring simultaneous submissions to multiple journals and denying pay for “peer review” services.
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German $10 bln publisher IPO is buyout exit test

RPT-BREAKINGVIEWS-German $10 bln publisher IPO is buyout exit test The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Yawen Chen LONDON, Sept 12 (Reuters Breakingviews) - Springer Nature’s fourth attempt at going public will set the bar for buyout barons stuck on the way out. The German academic research publisher on Thursday announced its intention to float in Frankfurt, over a decade after private equity owner BC Partners bought in.
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German $10 bln publisher IPO is buyout exit test

BREAKINGVIEWS-German $10 bln publisher IPO is buyout exit test The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Yawen Chen LONDON, Sept 12 (Reuters Breakingviews) - Springer Nature’s fourth attempt at going public will set the bar for buyout barons stuck on the way out. The German academic research publisher on Thursday announced its intention to float in Frankfurt, over a decade after private equity owner BC Partners bought in.
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Equity index futures ease after US holiday weekend

LIVE MARKETS-Equity index futures ease after US holiday weekend S&P 500 e-minis down 0.6%, Nasdaq e-minis down 0.8% STOXX 600 down 0.5% Dollar, bitcoin edge up; gold down; oil falls US 10-yr Treasury yield dips to 3.87% 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 EQUITY INDEX FUTURES EASE AFTER US HOLIDAY WEEKEND S&P 500 e-minis EScv1 were lower early on Tuesday as US investo
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Springer Nature could launch IPO as soon as next week, sources say

Springer Nature could launch IPO as soon as next week, sources say By Emma-Victoria Farr FRANKFURT, Sept 3 (Reuters) - German academic research publisher Springer Nature is planning to file documents next week announcing its listing plans, kicking off the European initial public offering (IPO) market for autumn, three people familiar with the matter told Reuters.
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Weak dollar could pressure Europe's media companies

LIVE MARKETS-Weak dollar could pressure Europe's media companies STOXX 600 down 0.4% Miners, energy lag Wall Street futures 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 WEAK DOLLAR COULD PRESSURE EUROPE'S MEDIA COMPANIES Europe's media companies .SXMP could be particularly sensitive to foreign exchange rates, analysis from Citi found, especially large-cap companies, give
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From Natwest to BAE: Active funds adding UK exposure

LIVE MARKETS-From Natwest to BAE: Active funds adding UK exposure STOXX 600 up 0.4% Retailers lead Euro zone PMIs show strength Wall St futures edge up 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 FROM NATWEST TO BAE: ACTIVE FUNDS ADDING UK EXPOSURE Investor appetite for UK equities is on the rise, according to a Morgan Stanley analysis of $1.3 trillion in assets across 280 gl
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Britain's CEOs get record pay in 2023, research shows

Britain's CEOs get record pay in 2023, research shows LONDON, Aug 12 (Reuters) - The bosses of Britain's biggest companies enjoyed record pay in 2023, with nine firms offering them packages of more than 10 million pounds ($12.75 million), research on Monday showed, as British workers argue for higher wages. The median pay for a FTSE-100 company CEO rose 2.2% to 4.19 million pounds last year, think tank the High Pay Centre said, though it added CEO pay growth had slowed compared with the previous
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Buy the dip on Europe's AI winners, says MS

LIVE MARKETS-Buy the dip on Europe's AI winners, says MS STOXX 600 down 0.9% Volatility above 23 Tech leads fallers Some UK earnings please Wall St futures soft 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 BUY THE DIP ON EUROPE'S AI WINNERS, SAYS MS AI beneficiaries were the first to feel the pain in the recent market sell-off, but Morgan Stanley equity analysts expect them to
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Sharp market weakness "an overreaction", says UBS

LIVE MARKETS-Sharp market weakness "an overreaction", says UBS STOXX 600 down 0.2% Volatility drops, Tokyo rallies Tech gains, banks turn negative Wall St futures edge up, off highs 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 SHARP MARKET WEAKNESS "AN OVERREACTION", SAYS UBS UBS European equity strategists think the recent sharp selloff in global stock markets is an "overreac
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UK Stocks-Factors to watch on August 1

UK Stocks-Factors to watch on August 1 Aug 1 - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.3%. * INTEREST RATES: The Bank of England looks in a position to cut interest rates on Thursday after holding them at a 16-year high of 5.25% for the past year, though markets and economists are far from certain the British central bank will take the plunge.
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UK's RELX says powered analytics driving strong growth

UK's RELX says AI-powered analytics driving strong growth LONDON, July 25 (Reuters) - Britain's RELX REL.L said demand for its analytics, underpinned by AI, was driving strong growth as it reported a 10% rise in adjusted operating profit in the first half. "Our improving long-term growth trajectory continues to be driven by the ongoing shift in business mix towards higher growth analytics and decision tools that deliver enhanced value to our customers across market segments," said Chief Executiv
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Relx Expects Year Of Strong Underlying Growth In Revenue, Adjusted Operating Profit

BRIEF-Relx Expects Year Of Strong Underlying Growth In Revenue, Adjusted Operating Profit July 25 (Reuters) - Relx PLC REL.L : RELX PLC - RELX 2024 INTERIM RESULTS RELX - EXPECT ANOTHER YEAR OF STRONG UNDERLYING GROWTH IN REVENUE, ADJUSTED OPERATING PROFIT RELX - EXPECT STRONG GROWTH IN ADJUSTED EARNINGS PER SHARE ON CONSTANT CURRENCY BASIS FOR FY
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UK Stocks-Factors to watch on July 25

UK Stocks-Factors to watch on July 25 July 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.2%. * CAR OUTPUT: UK's car output fell for the fourth consecutive month in June, as more manufacturers wound down old models and transitioned towards electric vehicles, industry data showed. * MORTGAGE RATE: Rising mortgage rates in Britain likely pushed around 320,000 people into poverty, almost 100,000 more than suggested by official statistics,
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UK corporate earnings week ahead

DIARY-UK corporate earnings week ahead July 19 (Reuters) - Diary of U.K (.FTSE) corporate earnings for the week ahead UK EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 24-Jul-2024 NTS UTG.L Unite Group PLC Half Year 2024 Unite Group PLC Earnings Release 24-Jul-2024 BMO INF.L Informa PLC Half Year 2024 Informa PLC Earnings Release 24-Jul-2024 06:00 EZJ.L Easyjet PLC Q3 2024 Easyjet PLC Earnings Release 24-Jul-2024 06:00 RKT.L Reckitt Benckiser Group PLC Half Year 2024 Reckitt Be
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In economic recovery JPM prefers cheap and smaller European media stocks

BUZZ-In economic recovery JPM prefers cheap and smaller European media stocks ** In an economic recovery, J.P.Morgan prefers those European media stocks that are cheap with improving earnings, which could lead shares re-rating ** As we move from economic contraction, "investors should typically favor value, low quality, high risk, small caps and rising momentum to maximize returns," says JPM ** "Contraction winners, quality names that are easy to love, may struggle to outperform unless they have
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Bunzl, Relx, Rolls-Royce

EUROPE RESEARCH ROUNDUP-Bunzl, Relx, Rolls-Royce July 4 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Bunzl, Relx and Rolls-Royce, on Thursday. HIGHLIGHTS * Biomerieux BIOX.PA : Midcap raises to buy from hold * Bunzl BNZL.L : HSBC raises to buy from hold * Hennes & Mauritz HMB.ST : HSBC raises to buy from hold * Relx REL.L : Citigroup raises target price to 3525p from 3300p * Rolls-Royce RR.L : Barclays raises target price to 495p
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Air France-KLM, Shell, Watches of Switzerland

EUROPE RESEARCH ROUNDUP-Air France-KLM, Shell, Watches of Switzerland June 28 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Air France-KLM, Shell and Watches of Switzerland, on Friday. HIGHLIGHTS * Air France-KLM AIRF.PA : Barclays cuts to equal-weight from overweight * BP BP.L : Jefferies raises target price to 590p from 580p * Liontrust Asset Management Plc LIO.L : Peel Hunt cuts to hold from buy * Shell Plc SHEL.L : Jefferies
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Law firm Morrison & Foerster to exit Miami office for 'flexible' alternative

Law firm Morrison & Foerster to exit Miami office for 'flexible' alternative By Sara Merken June 26 (Reuters) - Morrison & Foerster has decided it will not continue to maintain a traditional office in Miami, the law firm said , five years after announcing its first hires in the city. A Morrison Foerster spokesperson told Reuters that the San Francisco-founded firm will "transition to a flexible office space model" after its lease in a downtown Miami skyscraper expires at the end of 2024. The fir
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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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