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UK Stocks-Factors to watch on May 8

Tue, 08th May 2018 06:25

May 8 (Reuters) - Britain's FTSE 100 index is seen opening 13 points higher at 7,580on Tuesday, according to financial bookmakers. * VIRGIN MONEY: Virgin Money said on Monday it had received an all-stock takeoveroffer from rival CYBG Plc, a proposal that values the British lender at about 1.6billion pounds ($2.17 billion). * TAKEDA-SHIRE: Takeda Pharmaceutical is nearing an agreement to buy rivaldrugmaker Shire Plc, a deal which could be announced on Tuesday, the deadline set byU.K. regulators for Takeda to make a firm offer for Shire, Bloomberg reported, citing sources.https://bloom.bg/2I0D92e * SHELL: Royal Dutch Shell Plc's Shell Gas B.V. unit said on Monday it was sellingits entire stake in Canadian Natural Resources Ltd for $3.3 billion. * BP: Iraq's state-run North Oil Company signed an agreement with BP on Monday totriple output from the Kirkuk fields in the north of the country, Oil Minister Jabar al-Luaibisaid. * SKY: U.S. cable operator Comcast has formally notified the European Commissionof its intention to bid for Britain's pay-TV group Sky, starting the clock on a review,a regulatory source told Reuters on Monday. * GOLD: Gold prices remained subdued on Tuesday as the dollar held steady near its 2018 highon the relative strength of the U.S. economy. * OIL: Oil prices retreated from 3-1/2 year highs on Tuesday as investors waited on anannouncement by President Donald Trump on whether the United States will reimpose sanctions onIran. * The UK blue chip index closed 0.86 percent higher at 7,567.14 points on Friday, helped bystrong results from British Airways owner IAG, while HSBC joined French banks in reportingweaker profit which hit its shares. * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets * UK CORPORATE DIARY: Savills AGM Statement William Hill Trading Statement Anglo American AGM TODAY'S UK PAPERS > Financial Times > Other business headlines Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit http://topnews.session.rservices.com * For Top News : http://topnews.reuters.com (Reporting by Justin George Varghese)
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26 Apr 2018 12:14

Bid target Shire reports 6 pct rise in first-quarter earnings

LONDON, April 26 (Reuters) - Shire, the London-listed drugmaker targeted by Takeda Pharmaceutical, reported a 6 percent rise in first-quarter earnings on Thursday, helped by higher product sales a

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26 Apr 2018 07:32

Doubts Over Shire's Credit Profile If Bought By Takeda - Moody's

LONDON (Alliance News) - Moody's Investors Service late Wednesday expressed uncertainty regarding biotechnology company Shire PLC's credit profile following a potential acquisition by Co -

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26 Apr 2018 06:56

LONDON MARKET EARLY CALL: Shell, Barclays Earnings Due; ECB In Focus

LONDON (Alliance News) - Stocks in London are set to open marginally higher on Thursday, supported by some gains in the US overnight, with focus for the day ahead on the European Central latest at

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26 Apr 2018 06:42

UPDATE 1-Roche lifts 2018 outlook as Ocrevus shines, Tecentriq stumbles

ZURICH, April 26 (Reuters) - Roche raised its 2018 sales outlook on Thursday after getting a lift in the first three months of the year from newer drugs including multiple sclerosis medicine the 6

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25 Apr 2018 17:07

European Markets Drop With Interest Rate Hike Concerns

BRUSSELS/FRANKFURT/PARIS (Alliance News) - The European markets ended Wednesday's session firmly in negative territory. Investor sentiment took a hit after Wall Street stocks sold off Tuesday

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25 Apr 2018 16:02

Reuters Business News Schedule at 1500 GMT/11 AM ET

Editor: Steve Orlofsky +1 646 223 6200 Global Picture Desk: +65 6870 3775 Global Graphics Desk: + 65 6870 3595 (All times GMT / ET) Receive this schedule by confirms -

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25 Apr 2018 13:30

Reuters Business News Schedule at 1230 GMT/8:30 AM ET

Editor: Louise Heavens, +44 207 542 1897 Global Picture Desk: +65 6870 3775 Global Graphics Desk: + 65 6870 3595 (All times GMT / ET) Receive this schedule by pulls for

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25 Apr 2018 12:39

GSK rules out entering Shire takeover battle

LONDON, April 25 (Reuters) - GlaxoSmithKline's chief executive said on Wednesday she had no interest in acquiring Shire, the London-listed rare diseases specialist that Takeda Pharmaceutical

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25 Apr 2018 10:36

ANALYSIS-Shire bid marks Takeda's latest - and biggest - push for global status

* CEO Weber continuing predecessor's international push * Japan already accounts for only 30 percent of Takeda's drug sales * Takeda is trying to rebuild its $64 bln Shire 25

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25 Apr 2018 09:03

FOREX-Firm yields push dollar to a 4-month high

* Dollar rises 0.3 percent on U.S. yields * Investors focused on Thursday's ECB meeting * Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh By Tom April 25 - The a

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25 Apr 2018 07:02

TOP NEWS: Shire Board To Recommend Revised GBP46 Billion Takeda Offer

LONDON (Alliance News) - Shire PLC said late Tuesday that its board is willing to recommend a revised merger proposal worth GBP46 billion made by Japanese pharmaceutical company Takeda Co Ltd to a

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25 Apr 2018 06:59

LONDON MARKET EARLY CALL: Lower Call; Shire And Takeda Reach Deal

LONDON (Alliance News) - Stock prices in London are set to open lower on Wednesday after equities in the US slumped on Tuesday.This comes amid a quiet day for economic data ahead of the on

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25 Apr 2018 04:19

FOREX-Dollar edges up as US yields poke above 3 percent to 4-year highs

* Dollar index edges up towards 4-month highs * 10-yr US yield pokes above 3 pct for first time since early 2014 * Widening yield spreads seen supporting dollar long term * at

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24 Apr 2018 19:40

Reuters Business News Schedule at 1830 GMT/2:30 PM ET

Editor: Steve Orlofsky +1 646 223 6200 Global Picture Desk: +65 6870 3775 Global Graphics Desk: + 65 6870 3595 (All times GMT / ET) Receive this schedule by St sunk by

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24 Apr 2018 17:17

European Markets Finished Mixed After Early Gains Erode

BRUSSELS/FRANKFURT/PARIS (Alliance News) - The European markets ended Tuesday's session with mixed results. After a positive start to the day, the market began to pare their early gains in the

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