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Pubs, bookies and builders drive budget bounce for UK mid-caps

UPDATE 1-Pubs, bookies and builders drive budget bounce for UK mid-caps Mid-cap stocks outperformed blue-chip index despite new tax rises Small cap stocks saw a significant boost, led by AIM index Banks, homebuilders, betting companies, and pubs benefited from budget measures Updates with comments, budget details; refreshes prices at 1522 GMT By Lucy Raitano LONDON, Oct 30 (Reuters) - UK mid cap stocks enjoyed a lift on Wednesday as market players deemed the new Labour government's first UK budg
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British bookmakers rise as Reeves' budget leaves sector tax unchanged

BUZZ-British bookmakers rise as Reeves' budget leaves sector tax unchanged ** Shares of London-listed bookmakers Entain ENT.L , Evoke EVOK.L and Flutter FLTRF.L gain as Chancellor of the Exchequer Rachel Reeves' maiden budget did not change taxes for the gambling sector ** Shares fell sharply on Oct. 14 after a Guardian report that the Labour gover
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BRITISH BANK SHARES RISE, BARCLAYS UP 3.2%, NATWEST UP 1.8%, FTSE 350 BANK INDEX UP 0.8%

Pubs, bookies and builders drive budget bounce for UK mid-caps LONDON, Oct 30 (Reuters) - UK domestically-focussed stocks led a charge higher in London on Wednesday as UK finance minister Rachel Reeves 's first budget encouraged a rise particularly in shares of pubs, homebuilders and gambling platforms. At 1235 GMT, the mid-cap FTSE 250 .FTMC index was at a session high, up 0.9%, while the FTSE 100 .FTSE was down 0.4% and barely changed from the day's open.
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Swedish gaming group Cherry weighs sale of ComeOn, sources say

Swedish gaming group Cherry weighs sale of ComeOn, sources say By Amy-Jo Crowley LONDON, Oct 24 (Reuters) - Swedish gaming operator Cherry is exploring options for its online casino and sports betting subsidiary ComeOn including a sale, two people familiar with the matter said. Cherry would be the latest European gambling group looking to divest its consumer-focused brands in order to focus on its business providing software and services to online gaming firms.
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Diamond Sports Group & Fanduel Announce Broad Commercial Partnership

BRIEF-Diamond Sports Group & Fanduel Announce Broad Commercial Partnership Oct 18 (Reuters) - FANDUEL GROUP: DIAMOND SPORTS GROUP AND FANDUEL ANNOUNCE BROAD COMMERCIAL PARTNERSHIP FINANCIAL DETAILS OF AGREEMENT WERE NOT DISCLOSED
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Ladbrokes owner Entain sees annual core profit at top end of forecast

UPDATE 2-Ladbrokes owner Entain sees annual core profit at top end of forecast Company sees profit at high end of 1-1.1 billion pound forecast Shares up nearly 4% after 15% slide on Monday Group drops plans for sale of Crystalbet Adds context about U.S. market in paragraph 3, share move in paragraph 6 Oct 17 (Reuters) - British gambling group Entain ENT.L said on Thursday it now expects annual core profit to be towards the top end of its earlier forecast of 1 billion pounds ($1.30 billion) to 1.
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UK tax threat revives gambling stocks’ M&A saga

BREAKINGVIEWS-UK tax threat revives gambling stocks’ M&A saga The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Yawen Chen LONDON, Oct 14 (Reuters Breakingviews) - Britain’s gambling industry is in the firing line. Shares in UK-focused betting companies like Entain ENT.L and Evoke EVOK.L fell over 10% on Monday morning following a Guardian report flagging the risk of a 3-billion-pound ($3.9 billion) tax hike on the sector.
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China's stimulus: how many trillion for an equity boost?

LIVE MARKETS-China's stimulus: how many trillion for an equity boost? STOXX 600 up 0.2% Aerospace and Defense leads UK gambling names fall Wall St futures steady 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 CHINA’S STIMULUS: HOW MANY TRILLIONS FOR AN EQUITY BOOST?
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STOXX 600 ends at two-week high with eyes on earnings, ECB decision

UPDATE 2-STOXX 600 ends at two-week high with eyes on earnings, ECB decision For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Luxury stocks hit by China stimulus update ECB set to cut rates on Thursday Entain, Flutter tumble on tax hike fears Tetragon jumps after report on possible Equitix sale Updated at 1650 GMT By Paolo Laudani, Sruthi Shankar and Johann M Cherian Oct 14 (Reuters) - European stocks ended Monday's choppy session at a t
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British bookmakers' shares slump on tax hike fears

UPDATE 3-British bookmakers' shares slump on tax hike fears Labour government's maiden budget due on Oct. 30 Analysts expect major hit to companies Entain top percentage loser on blue-chips index Adds HM Treasury, Evoke decline to comment in paragraph 7; updates shares By Shanima A and Yadarisa Shabong Oct 14 (Reuters) - Shares in British bookmakers Entain ENT.L , Evoke EVOK.L and Flutter FLTRF.L fell sharply on Monday, after a media report that the Labour government is considering a 3 billion p
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European shares mostly higher, UK gambling names tumble

LIVE MARKETS-European shares mostly higher, UK gambling names tumble STOXX 600 up 0.2% Aerospace and Defense leads UK gambling names fall Wall St futures steady 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 EUROPEAN SHARES MOSTLY HIGHER, UK GAMBLING NAMES TUMBLE Major European bourses are edging higher on Monday as investors looked ahead to key events this week, including the E
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British bookmakers slump on report of government mulling tax hikes

British bookmakers slump on report of government mulling tax hikes Oct 14 (Reuters) - Shares in British bookmakers Entain ENT.L , Evoke EVOK.L and Flutter FLTRF.L fell on Monday, after a media report the Labour government is mulling a 3 billion pound ($3.92 billion) tax raid on the gambling sector to shore up public finances. Ladbrokes owner Entain dropped nearly 13%, Evoke, owner of the 888 brands, slumped 14% and Paddy Power owner Flutter slipped 7% in early trade.
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UK betting firms plummet on report government can levy hefty taxes

BUZZ-UK betting firms plummet on report government can levy hefty taxes ** Shares in UK-listed gambling firms fall on media report that government could double taxes ** Evoke EVOK.L slides 13.8%, Entain ENT.L 14.3%, Flutter FLTRF.L 6.9% and Playtech PTEC.L 2.2% ** UK government is weighing proposals to double some taxes on online casinos and bookma
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European stock futures struggle for direction

LIVE MARKETS-European stock futures struggle for direction 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 EUROPEAN STOCK FUTURES STRUGGLE FOR DIRECTION Major European equity index futures are struggling for direction on Monday as details on China's stimulus remain scant following a weekend press conference, and as eyes turn to Thursday's ECB rate announcement.
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U.S. ANI Pharmaceuticals, Deere & Co, Zoetis

U.S. RESEARCH ROUNDUP-ANI Pharmaceuticals, Deere & Co, Zoetis Oct 11 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including ANI Pharmaceuticals, Deere & Co and Zoetis, on Friday. HIGHLIGHTS * ANI Pharmaceuticals Inc ANIP.O : Piper Sandler initiates coverage with overweight rating * Deere & Co DE.N : JP Morgan raises target price to $420 from $360 * Northrop Grumman NOC.N : Citigroup raises target price to $587 from $521 * S
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Brazil's Lula says will ban sports bets if 'addiction' not regulated

Brazil's Lula says will ban sports bets if 'addiction' not regulated Betting hitting household incomes Worried about gambling addiction Credit cards for gambling now banned BRASILIA, Oct 6 (Reuters) - Brazil President Luiz Inacio Lula da Silva, whose government is trying to stop a sports bets craze consuming household incomes, said on Sunday he will ban online betting if regulation does not cure "addiction" by bettors.
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U.S. Cintas, Nasdaq, Talen Energy

U.S. RESEARCH ROUNDUP-Cintas, Nasdaq, Talen Energy Sept 26 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Cintas, Nasdaq and Talen Energy, on Thursday. HIGHLIGHTS * Celldex Therapeutics Inc CLDX.O : Wells Fargo raises to overweight from equal weight * Cintas Corp CTAS.O : JP Morgan raises target price to $228 from $212.50 * Expedia Group Inc EXPE.O : TD Cowen cuts to hold from buy * Nasdaq Inc NDAQ.O : TD Cowen init
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U.S. STOCKS SLM Corp, Amgen Inc, Cintas Corp

BUZZ-U.S. STOCKS ON THE MOVE-SLM Corp, Amgen Inc, Cintas Corp 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's main indexes were mixed on Wednesday, with the S&P 500 hovering near a record high, as investors awaited more indicators on the state of the economy and upcoming interest rate reductions.
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U.S. STOCKS DoorDash, KB Home, Tyson Foods

BUZZ-U.S. STOCKS ON THE MOVE-DoorDash, KB Home, Tyson Foods 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's main indexes were mixed on Wednesday, with the S&P 500 hovering near record highs, as investors awaited more indicators on the state of the economy and upcoming interest rate reductions.
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U.S. STOCKS DoorDash, KB Home, Tyson Foods

BUZZ-U.S. STOCKS ON THE MOVE-DoorDash, KB Home, Tyson Foods 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 was set for a subdued start on Wednesday, with investors awaiting further indicators on the state of the economy and potential interest rate reductions, a week after the Federal Reserve initiated its policy relaxation cycle.
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Onlayn savdo platformamizda chop etilgan barcha materiallar faqat taʼlim/axborot maqsadlari uchun moʻljallangan va unda moliyaviy, investitsiya soligʻi yoki savdo maslahatlari va tavsiyalar; yoki bizning savdo narxlarimizning qaydlari; yoki har qanday moliyaviy vositalar bilan bitim tuzish maslahati yoki taklifi; yoki sizga kerak boʻlmagan moliyaviy reklama aksiyalari hisoblanmaydi

Har qanday uchinchi tomon kontenti, shuningdek XM tomonidan tayyorlangan kontent, masalan: fikrlar, yangiliklar, tadqiqotlar, tahlillar, narxlar va boshqa maʼlumotlar yoki bu veb-saytda joylashgan uchinchi tomon saytlariga havolalar umumiy bozor sharhi sifatida "boricha" taqdim etiladi va investitsiya maslahatini tashkil etmaydi. Har qanday kontent investitsiya tadqiqoti sifatida talqin qilinsa, siz bunday kontentni investitsiya tadqiqotlarining mustaqilligini ragʻbatlantirish uchun moʻljallangan qonun talablariga muvofiq moʻljallanmagan va tayyorlanmaganligini eʼtiborga olishingiz va qabul qilishingiz kerak, shuning uchun unga tegishli qonunlar va qoidalarga muvofiq marketing kommunikatsiyasi sifatida qaraladi. Mustaqil boʻlmagan investitsiya tadqiqoti va yuqoridagi maʼlumotlarga oid risk haqida ogohlantirishimizni oʻqib chiqqaningizga va tushunganingizga ishonch hosil qiling, unga bu yerdan kirish mumkin.

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