Bayer up on victory in legal battle against Roundup cancer claims
** Shares in Bayer BAYGn.DE jump 8% after it won a legal victory in its fight to limit liability from claims that its Roundup weed killer causes cancer
** A U.S. appeals court said on Thursday that federal law shields Bayer from a lawsuit by a Pennsylvania landscaper, which claimed it had failed to provide a cancer warning on the label of Roundup
** The U.S. Circuit Court of Appeals in Philadelphia says the Federal Insecticide, Fungicide, and Rodenticide Act requires nationwide uniformity in pesticide labels, and prevented Pennsylvania from adding a cancer warning
** The win could help Bayer in corral cancer suits, Stifel says, as it still faces multiple claims regarding Roundup
** Bayer's shares are among top performers on the pan-European STOXX 600 .STOXX index and on track for their best day since March 2020 if the gains hold
Reporting by Isabel Demetz
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