BUZZ-Top of the Street: Rentokil, Clariant, Bachem A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** UBS upgrades Britain's Rentokil RTO.L to "neutral" from "sell" and raises the pest control company's PT by 22% to 480p, seeing a potential change in strategy, particularly after recent activist involvement ** Goldman Sachs raises Clariant CLN.S to "buy" from "neutral", saying the Swiss chemical group has successfully transformed into a fully downstream, spe

UK Stocks-Factors to watch on June 13 June 13 - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.33%. * HOUSING MARKET: Britain's housing market lost momentum in May as the prospect of imminent rate cuts by the Bank of England faded, spurring a drop in buyer demand and house prices, a survey showed. * BT: Mexican magnate Carlos Slim has taken a 3.16% stake in BT BT.L , Britain's biggest broadband and mobile operator, according to a stock market filing,

BUZZ-U.S. STOCKS ON THE MOVE-Tesla, Casey's General Store, Western Alliance 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. stocks rose broadly on Wednesday, with the S&P 500 and the Nasdaq touching fresh record highs after softer inflation data lifted hopes for central bank rate cuts, while Apple overtook Microsoft to become the world's most valuable company.

BUZZ-U.S. STOCKS ON THE MOVE-Tesla, Take-Two, Caterpillar 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 The S&P 500 and the Nasdaq jumped to record highs on Wednesday after softer inflation data lifted hopes for a rate cut by the Federal Reserve, while Apple overtook Microsoft as the world's most valuable company.

BUZZ-U.S. STOCKS ON THE MOVE-Oracle, Beamr Imaging, Casey's General Stores 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 The S&P 500 and the Nasdaq were on track to open at record highs on Wednesday after benign consumer prices data reassured investors inflation was cooling, boosting hopes for interest-rate cuts from the Federal Reserve later this year.

BUZZ-U.S. STOCKS ON THE MOVE-Oracle, Beamr Imaging, Paramount Global 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 traded flat to slightly higher on Wednesday, as investors awaited a crucial inflation report and the conclusion of the Federal Reserve's policy meeting.

BRIEF-Nelson Peltz's Trian Confirms Significant Position In Rentokil June 12 (Reuters) - Trian spokesperson: NELSON PELTZ'S TRIAN: CONFIRMS IT HAS SIGNIFICANT POSITION IN RENTOKIL AND IS CURRENTLY A TOP 10 SHAREHOLDER NELSON PELTZ'S TRIAN: CONFIRMS IT REACHED OUT TO RENTOKIL TO DISCUSS IDEAS AND INITIATIVES TO IMPROVE SHAREHOLDER VALUE Further comp

UPDATE 2-European shares gain as cool US data bolsters Fed rate cut hopes For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Umicore drops after lowering FY profit forecast Rentokil gains after activist investor Peltz builds stake German inflation rises on higher service costs in May STOXX 600 up 1.2% Updated at 1550 GMT By Shristi Achar A and Shashwat Chauhan June 12 (Reuters) - European shares advanced on Wednesday, with rate-sensitive se

LIVE MARKETS-Banks tick higher but autos weigh on STOXX 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 BANKS TICK HIGHER BUT AUTOS WEIGH ON STOXX The STOXX 600 .STOXX is rising 0.5%, as banks stage a recovery, 1.4% higher after falling 2.3% on Tuesday, caught up in market volatility around the upcoming French election.

UPDATE 2-London stocks rise as early rate cut bets revive; Fed decision in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 jumps 0.8%, FTSE 250 adds 1.1% Cooler U.S. inflation data, slowing UK economy revive rate cut bets Rentokil jumps after report Trian Fund Management amassed significant stake Updated at 1550 GMT By Pranav Kashyap and Purvi Agarwal June 12 (Reuters) - London stocks rebounded on Wednesday on revived hope

UPDATE 1-Rentokil shares soar after report of Peltz's stake Adds shares and background throughout June 11 (Reuters) - Shares of Rentokil Initial RTO.L jumped 16% on Wednesday after a report said Nelson Peltz's Trian Fund Management had amassed a significant stake in the British pest-control firm. The activist investor, now among the top 10 shareholders in Rentokil, had reached out to the company to discuss strategies, Bloomberg News reported late on Tuesday, citing people familiar with the matte

UPDATE 2-Rentokil shares soar after activist investor Peltz builds stake Adds detail in paragraph 2,3 and background in paragraphs 5,11 June 11 (Reuters) - Shares of Rentokil Initial RTO.L jumped 16% on Wednesday after activist investor Nelson Peltz's Trian Fund Management amassed a significant stake in the British pest-control firm. The New York-based hedge fund, now among the top 10 shareholders in Rentokil, said it had reached out to the company to discuss "ideas and initiatives", a spokesper

BUZZ-UK's Rentokil Initial rises after report on Nelson Peltz's Trian stake ** Shares of British pest-control firm Rentokil Initial RTO.L up 15% at 481p ** Rentokil stock is top pct gainer in FTSE 100 index .FTSE ** Nelson Peltz's Trian Fund Management has amassed a significant stake in British pest-control firm Rentokil, Bloomberg News reported on

UK Stocks-Factors to watch on June 12 June 12 - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.38%. * RENTOKIL INITIAL: Nelson Peltz's Trian Fund Management has amassed a significant stake in British pest-control firm Rentokil Initial RTO.L , Bloomberg News reported, citing people familiar with the matter.

Nelson Peltz's Trian amasses top 10 stake in British pest-control firm Rentokil, Bloomberg News reports June 11 (Reuters) - Nelson Peltz's Trian Fund Management has amassed a significant stake in British pest-control firm Rentokil Initial RTO.L , Bloomberg News reported on Tuesday, citing people familiar with the matter. The activist investor is now among the top 10 shareholders in Rentokil, which was reached out to discuss strategies, the report added.

UPDATE 2-UK's M&S taps Rightmove's Alison Dolan as finance chief Dolan will succeed interim CFO Jeremy Townsend Townsend will remain in role until May 2025 Dolan's starting date to be decided in due course Adds share movement in paragraph 3, details on Dolan in paragraph 7 May 29 (Reuters) - Marks & Spencer (M&S) MKS.L said on Wednesday it has appointed Alison Dolan as its chief financial officer, days after the British retailer smashed profit forecasts and announced its first yearly dividend si

BRIEF-Rentokil Says All Resolutions Passed At AGM May 8 (Reuters) - Rentokil Initial PLC RTO.L : RENTOKIL - ALL RESOLUTIONS WERE PASSED WITH REQUISITE MAJORITY AT AGM Source text for Eikon: ID:nRSH6548Na Further company coverage: RTO.L

UPDATE 2-PostNL confirms 2024 outlook, swings to loss amid high labour costs, low mail volumes Adds shares in paragraph 3, Dutch volumes in para 4, brokers in para 5, CFO in para 7, parcel volumes in para 9 By Olivier Cherfan May 6 (Reuters) - PostNL PTNL.AS reported a bigger-than-expected loss for the first quarter on Monday, citing rising labour costs and a drop in domestic mail volumes, although the Dutch postal firm maintained its full-year outlook.

BUZZ-Rentokil Initial bottoms FTSE as North America performance disappoints ** Shares of British pest control firm Rentokil Initial RTO.L down 7.5% at 413.4p; top pct. loser on FTSE 100 index .FTSE ** Jefferies says growth in North America at 1.5% in Q1 is slightly disappointing against 2% target, with only a slight sequential improvement despite w

UPDATE 2-London stocks gain on upbeat corporate earnings 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 0.4%, FTSE 250 adds 0.6% eazyJet jumps on improved winter performance Hipgnosis Songs Fund surges on $1.4 billion buyout Updated at 1550 GMT By Pranav Kashyap, Khushi Singh and Shubham Batra April 18 (Reuters) - British equities recovered for a second straight session on Thursday supported by positive corporate updates, wh