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Sainsbury's CFO John Rogers tells CNBC why the UK supermarket chain's non-food business is growing at three times the rate of its food business. Sainsbury's reported second quarter earnings early on Wednesday.
LONDON, Oct 3- Premier Foods PLC:. *Appointment of chief operating officer. *Geoff Eaton appointed chief operating officer.
LONDON, Oct 3- Timeweave PLC:.
LONDON, Oct 3- Firstgroup PLC:. *Until this point we had no indication that there were any issues with the. *We had received assurances from the dft that their processes were robust.
Oct 3- British soft drinks group Britvic and Irn-Bru maker AG Barr said the takeover panel had agreed to extend "the put up or shut up" deadline on their 1.3 billion pound merger. The deadline, which was due to expire on Wednesday, has now been extended to Oct. 31.
*Q2 LfL sales up 1.9 pct ex fuel. LONDON, Oct 3- J Sainsbury, Britain's third-biggest supermarket group, posted better than expected quarterly sales growth, boosted by strong take-up of its own label range and the roll out of its convenience stores.
LONDON, Oct 3- African Barrick Gold PLC:.
*China official services PMI slows. *China, South Korea on holidays. TOKYO, Oct 3- The dollar firmed while most riskier assets fell on Wednesday as data from China and Australia deepened gloom about the global economic outlook, further reducing risk appetite already hurt by uncertainty about the timing of Spain's request for a bailout.
LONDON, Oct 3- Marjorie Scardino, the chief executive of publishing group Pearson, is to step down at the end of the year after 16 years in the job, bringing to an end a period of transformational change for the group.
*Earnings before tax and exceptional items are in line with our expectations.
HELSINKI, Oct 3- The following stocks may be affected by newspaper reports and other factors on Wednesday:. The Oslo- listed oil driller said it plans to replace Chief Executive Alf Thorkildsen with Fredrik Halvorsen, the head of its Archer affiliate, and is looking to relocate management outside Norway.
LONDON, Oct 3- Dunelm Group PLC:. *Q1 total sales value 151.8 million STG. *Q1 total sales growth +13.8 percent.
*Britain's FTSE 100 index is seen opening 9 to 14 points, or as much as 0.2 percent, lower on Wednesday, according to financial bookmakers.
MOSCOW, Oct 3- Promsvyazbank, one of Russia's largest privately owned lenders, set an indicative price range on Wednesday for its initial public offering of stock at $10- $12 per Global Depository Receipt.
UK retail chains Sainsbury's and Tesco both reported earnings early on Wednesday. Jim McCaughan, chief executive of Principal Global Investors, tells CNBC which he thinks is the better stock pick.
MOSCOW, Oct 3- Here are events and news stories that could move Russian markets on Wednesday. EVENTS: MOSCOW- Russia Calling VTB Capital investment conference. MOSCOW- Press conference by Aeroflot Chief Executive Vitaly Savelyev and SAP executives.
MADRID, Oct 3- Spain's corporate tax take has tumbled by almost two thirds from pre-crisis levels as small businesses fail and a growing number of big corporations seek profits abroad to compensate for the prolonged downturn at home.
LONDON, Oct 3- European stocks were set for a mixed open, albeit in a tight range, on Wednesday as investors balanced new gloomy economic data and uncertainty about Spain's debt crisis with underlying monetary support from central banks across the world. Financial spreadbetters expected Britain's FTSE 100.
*TANZANIA- Bank of Tanzania to auction a 10- year fixed rate Treasury bond. *KENYA- The Nairobi Securities Exchange and FTSE International launch the. *KENYA- Central Bank of Kenya auctions 364- day and 182- day Treasury bills.
Ipsen said that Inspiration Biopharmaceuticals had not raised third-party financing by the contractual deadline of Sept. 30 and that it was therefore no longer obligated to pay the additional $12.5 million in exchange for Inspiration equity. The parties continue to explore various options, Ipsen said.