• *Earnings before tax and exceptional items are in line with our expectations.

  • NORDIC STOCKS - Factors to watch on Oct 3 Wednesday, 3 Oct 2012 | 2:11 AM ET

    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.

  • BRIEF-Dunelm first quarter sales grow Wednesday, 3 Oct 2012 | 2:07 AM ET

    LONDON, Oct 3- Dunelm Group PLC:. *Q1 total sales value 151.8 million STG. *Q1 total sales growth +13.8 percent.

  • UK Stocks-Factors to watch on Wed, Oct 3 Wednesday, 3 Oct 2012 | 2:05 AM ET

    *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.

  • Russia's Promsvyazbank sets IPO price range Wednesday, 3 Oct 2012 | 2:05 AM ET

    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.

  • 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.

  • African Markets - Factors to watch on Oct 3 Wednesday, 3 Oct 2012 | 1:03 AM ET

    *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.

  • French and Benelux stocks-Factors to watch on Oct. 3 Wednesday, 3 Oct 2012 | 12:59 AM ET

    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.

  • Official: France not worried about EADS-BAE merger Wednesday, 3 Oct 2012 | 12:47 AM ET

    PARIS-- A French official says France's government is working out a common position with Germany on the proposed merger between Franco-German aerospace group EADS and Britain's BAE Systems. France and Germany have long fought for an equal say in EADS, which owns plane maker Airbus.

  • UPDATE 4-Spanish investors in Gecina file for bankruptcy Wednesday, 3 Oct 2012 | 12:46 AM ET

    *Natixis, Banco Popular and Bankia highest exposure. By Carlos Ruano and Tracy Rucinski. MADRID, Oct 3- Two Spanish investment firms that own 31 percent of French property company Gecina have filed one of the biggest bankruptcy actions in Spanish history after a bank refused to refinance a 1.6 billion euro loan.

  • European shares edge down on Spain, growth concerns Wednesday, 3 Oct 2012 | 12:35 AM ET

    *Gecina falls as 2 owners file for bankruptcy. LONDON, Oct 3- European shares edged lower on Wednesday on concerns about Spain, the focal point of the regional debt crisis, and slowing global growth, with indexes keeping to recent tight trading ranges. As the market waits for Spain to request a bailout, investors have remained reluctant to commit further to equities.

  • BRIEF-Polski Koncern signs crude oil deal with Glencore Wednesday, 3 Oct 2012 | 12:33 AM ET

    LONDON, Oct 3- Polski Koncern Naftowy Orlen SA:. *Signed spot agreement with Glencore Energy UK ltd, London, UK. *Net value of the agreement amounts to approximately USD 80 million.

  • STOCKHOLM, Oct 3- The owners of Nordic optician chain Synsam are launching a sale of the company which could fetch around 500 million euros, sources familiar with the matter told Reuters. Another adviser said anti-trust issues meant that Britain's Specsavers and Synoptik, controlled by Dutch investment firm HAL Trust, were unlikely to be allowed to buy Synsam.

  • Britain's FTSE edges higher as defensive stocks climb Wednesday, 3 Oct 2012 | 12:29 AM ET

    *FTSE 100 closes up 0.3 percent at 5,825.81 points. *Traders say technical levels favouring FTSE at present. *Intl Airlines Group and ARM top FTSE 100 leaderboard By Sudip Kar-Gupta.

  • LONDON, Oct 3- The European Commission's ambition for a single energy market conflicts with aims in Britain and other countries to boost their own national energy security by paying investors to ensure gas-fired power capacity is available several years ahead.

  • Luxfer shares rise on NYSE after IPO raises $80M Wednesday, 3 Oct 2012 | 12:28 AM ET

    NEW YORK-- Luxfer Holdings PLC's U.S. shares jumped in their first hours of trading Wednesday on the New York Stock Exchange. The initial public stock offering of the chemicals and metals maker, which is based in the U.K., priced 8 million shares at $10 each. The company had predicted that shares would price higher, from $12 to $14 each.

  • LONDON/ NEW YORK, Oct 3- The euro zone's economic woes accelerated last month and China's slowdown looked likely to extend to a seventh quarter, surveys on Wednesday showed, while the United States proved the bright spot with better-than-expected news on services and jobs.

  • WAfrica Crude-Easier on unsold November cargoes Wednesday, 3 Oct 2012 | 12:17 AM ET

    *Qua Iboe valued at dated plus $2.20- $2.60. LONDON, Oct 3- Nigerian crude oil differentials slipped a little on Wednesday as a small overhang of November-loading cargoes encouraged sellers to move lower. *Qua Iboe: 5- 10 cents per barrel lower, traders said.

  • Europe Power-Spot rises after German holiday slump Wednesday, 3 Oct 2012 | 12:11 AM ET

    *Germany's Cal 13 falls to three-month low on data. Germany's benchmark electricity contract for 2013 delivery hit a three-month low on the back of lower oil prices and gloomy macro-economic data. Germany's baseload contract for Thursday delivery rose 2.13 euros to 44.5 euros per megawatt hour.

  • A series of recent investor meetings with Fitch's EMEA Food Retail team in London, Frankfurt, and Paris underlined that investors are concerned to what extent ratings are at risk due to increased business and credit risks for European food retail companies.