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FTSE 100 ends lower on Burberry profit warning, US political worries

UPDATE 1-FTSE 100 ends lower on Burberry profit warning, US political worries 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 0.9%, FTSE 250 off 0.1% Burberry falls to 14-year low after profit warning Robert Walters dips after fall in quarterly net fees British CPI data on tap Updated at 1558 GMT By Purvi Agarwal and Roshan Abraham July 15 (Reuters) - Britain's FTSE 100 closed lower on Monday , pressured by weaker commodity
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Major investors pile in to UK rental homes despite regulatory fears

Major investors pile in to UK rental homes despite regulatory fears By Iain Withers and Aby Jose Koilparambil LONDON, July 12 (Reuters) - Aviva AV.L , Legal & General LGEN.L and M&G MNG.L are ramping up investments in rental homes in Britain, betting on long-term returns in a market where housing demand far outstrips supply, even though the country's new Labour government could impose tougher regulations.
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India's TCS beats Q1 view, flags persistent demand uncertainty

UPDATE 3-India's TCS beats Q1 view, flags persistent demand uncertainty Recasts throughout By Sai Ishwarbharath B and Haripriya Suresh BENGALURU, July 11 (Reuters) - Tata Consultancy Services TCS.NS , India's top IT services company, said despite slightly surpassing first-quarter revenue estimates, it is "too early" to predict sustained growth in future quarters.
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UK green fund has risky but valid investor carrots

BREAKINGVIEWS-UK green fund has risky but valid investor carrots The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Francesco Guerrera LONDON, July 10 (Reuters Breakingviews) - Rachel Reeves wants investors to eat their greens. Or at least fund them. The new UK finance minister on Tuesday launched what she described as a “National Wealth Fund” (NWF) to speed up the decarbonisation of the economy.
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Aviva Completes Acquisition Of Probitas

BRIEF-Aviva Completes Acquisition Of Probitas July 10 (Reuters) - Aviva PLC AV.L : AVIVA PLC - COMPLETION OF ACQUISITION OF PROBITAS AVIVA - PROPOSED DEAL FOR £249 MILLION. Source text for Eikon: ID:nRSJ7674Va Further company coverage: AV.L
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UK Labour's win: a burden for Diversified Financials and Insurance, a relief for Utilities

LIVE MARKETS-UK Labour's win: a burden for Diversified Financials and Insurance, a relief for Utilities STOXX 600 up 0.5% FTSE 100 +0.3%, FTSE 250 +1% Labour wins big majority Payrolls in focus S&P 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 UK LABOUR'S WIN: A BURDEN FOR DIVERSIFIED FINANCIALS AND INSURANCE, A RELIEF FOR UTILITIES With a centre-left Labour winn
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Pearson, Softcat, Trelleborg

EUROPE RESEARCH ROUNDUP- Pearson, Softcat, Trelleborg July 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Pearson, Softcat and Trelleborg, on Friday. HIGHLIGHTS * Aker BP ASA AKRBP.OL : Jefferies cuts target price to NOK 340 from NOK 345 * GSK GSK.L : Citigroup cuts target price to 1900p from 2120p * Pearson PSON.L : Deutsche Bank raises target price to 1052p from 1050p * Softcat Plc SCTS.L : Jefferies cuts target price to 1,490p
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Smith & Nephew shares soar as activist Cevian builds stake

UPDATE 3-Smith & Nephew shares surge on activist Cevian building stake Cevian's 5% stake to make it no.2 shareholder in S+N S+N shares rise to top of FTSE 100 Cevian sees potential by improving operating performance S+N says will continue talks with Cevian Adds analyst quote in paragraphs 10-11 By Yadarisa Shabong July 4 (Reuters) - Shares in Smith & Nephew SN.L rose 7% to the top of the FTSE 100 index on Thursday after activist investor Cevian Capital disclosed a 5% stake in the British medical
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Smith & Nephew shares soar as activist Cevian discloses stake

Smith & Nephew shares soar as activist Cevian discloses stake July 4 (Reuters) - Shares in Smith & Nephew SN.L rose nearly 7% on Thursday after activist investor Cevian Capital disclosed a 5% stake in the British medical equipment maker, a filing showed. Smith & Nephew, which makes orthopaedic implants and prosthetics, wound dressings, and other surgical materials, has lost more than 50% of its stock value since February 2020, just before the pandemic lockdowns.
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Aviva Completes 300 Mln Stg Share Buyback Programme

BRIEF-Aviva Completes 300 Mln Stg Share Buyback Programme July 1 (Reuters) - Aviva PLC AV.L : COMPLETION OF £300M SHARE BUYBACK PROGRAMME COMPLETES £300M SHARE BUYBACK PROGRAMME Source text for Eikon: ID:nRSA4792Ua Further company coverage: AV.L
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Aviva Says Thomas Neil Morrison Appointed As Non-Exec Director

BRIEF-Aviva Says Thomas Neil Morrison Appointed As Non-Exec Director June 18 (Reuters) - Aviva PLC AV.L : AVIVA PLC - DIRECTORATE CHANGE AVIVA - THOMAS NEIL MORRISON WAS APPOINTED AS A NON-EXECUTIVE DIRECTOR OF AVIVA PLC ON 17 JUNE 2024. Source text for Eikon: ID:nRSR8625Sa Further company coverage: AV.L
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Tesco board faces heat over CEO's 10 mln pound pay package

Tesco board faces heat over CEO's 10 mln pound pay package By James Davey LONDON, June 14 (Reuters) - The board of Tesco TSCO.L , Britain's biggest supermarket group, will be asked to justify chief executive Ken Murphy's near 10 million pounds ($13 million) pay package when it faces shareholders at its annual meeting on Friday. Investors have become more vocal in their opposition to boardroom pay deals they deem excessive amid a cost of living crisis.
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Labour to ensure pension funds invest more in UK firms if it wins power

UPDATE 1-Labour to ensure pension funds invest more in UK firms if it wins power Adds Lyons comment in paragraph 7, reaction in paragraph 13, private equity tax in paragraph 14 By Huw Jones and Carolyn Cohn LONDON, June 13 (Reuters) - Britain's Labour Party, tipped in the polls to win a general election on July 4, said on Thursday that if it won power it would ensure that pension funds invested more in UK companies.
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London stocks lose steam after Fed's rate cut outlook; Halma jumps

UPDATE 2-London stocks lose steam after Fed's rate cut outlook; Halma jumps 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 0.6%, FTSE 250 off 1.5% Halma jumps after full-year revenue, core profit beat Crest Nicholson warns of drop in annual profit; shares slide Updated at 1553 GMT By Pranav Kashyap and Purvi Agarwal June 13 (Reuters) - British stocks closed lower on Thursday, tracking European market losses as investors di
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Credit Agricole, Hermes, Whitbread

EUROPE RESEARCH ROUNDUP-Credit Agricole, Hermes, Whitbread June 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Credit Agricole, Hermes and Whitbread, on Wednesday. HIGHLIGHTS * Credit Agricole CAGR.PA : Jefferies raises to buy from hold * Flutter Entertainment Plc FLTRF.L : JP Morgan cuts target price to 20,700p from 21,300p * Hermes HRMS.PA : Barclays cuts target price to EUR 2320 from EUR 2410 * Renew Holdings Plc RNWH.L : Ber
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Legal & General shares drop on $250 mln buyback, merger of investment units

UPDATE 3-Legal & General shares drop on $250 mln buyback, merger of investment units Recasts lead, adds shares paragraph 4, fresh CEO comment 6-7 By Carolyn Cohn LONDON, June 12 (Reuters) - British life insurer Legal & General LGEN.L is planning a 200 million pound ($254.9 million) share buyback and a merger of its investment units, it said on Wednesday as it looks to boost returns, though the changes disappointed investors.
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French stocks send Europe's STOXX 600 lower on political uncertainty

UPDATE 2-French stocks send Europe's STOXX 600 lower on political uncertainty For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window French stocks at three-month lows Aviva dips after JPM downgrade Updated at 1550 GMT By Sruthi Shankar and Shashwat Chauhan June 10 (Reuters) - European shares fell on Monday, with French stocks hit after President Emmanuel Macron called a snap election following a heavy trouncing of his allies in European Union p
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UK equities slip as French election, US rate uncertainty make investors jittery

UPDATE 2-UK equities slip as French election, US rate uncertainty make investors jittery For a Reuters live blog on U.S., UK and Europe an stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 down 0.2%, FTSE 250 off 0.5% M&G Plc up after JP Morgan upgrades stock to "overweight" UK wages, GDP figures due later in the week Updated at 1555 GMT By Pranav Kashyap and Purvi Agarwal June 10 (Reuters) - UK stocks s lipped on Monday, tracking losses in European stocks after French President
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Aviva, DCC, Puig Brands

EUROPE RESEARCH ROUNDUP-Aviva, DCC, Puig Brands June 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Aviva, DCC and Puig Brands on Monday. HIGHLIGHTS * Aviva AV.L : JP Morgan removes stock from its analyst focus list * Bellway Plc BWY.L : Citigroup raises target price to 3151p from 3033p * Computacenter Plc CCC.L : Peel Hunt raises to buy from add * DCC DCC.L : Jefferies raises target price to 7600p from 7400p * Puig Brands SA P
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UK's Aviva slips as JPM removes from analyst focus list, cuts to 'neutral'

BUZZ-UK's Aviva slips as JPM removes from analyst focus list, cuts to 'neutral' ** Shares of life and general insurer Aviva AV.L down 2% at 467.7p in early trade ** Among top pct losers on FTSE 100 index .FTSE ** JPM removes AV stock from its analyst focus list ** Cuts rating to 'neutral' from 'overweight' and target price to 550p from 575p ** Shar
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