NEW BRITAIN, Conn.-- Stanley Black& Decker said Thursday that its 2013 and 2014 earnings should fall largely in line with analyst estimates.» Read More
*Vodafone tables 7.7 bln euro bid for Kabel Deutschland. Heavyweight Vodafone struck its biggest deal since 2007, agreeing to buy Germany's largest cable operator Kabel Deutschland for 7.7 billion euros.. Kabel Deutschland's shares rose 1.8 percent and Vodafone was 1.0 percent higher.
*Vodafone shares up 1.4 pct, Kabel Deutschland up 1.8 pct. LONDON/ FRANKFURT, June 24- Vodafone has agreed to buy Germany's largest cable operator Kabel Deutschland for 7.7 billion euros, betting on TV and fixed-line services in its biggest deal since 2007..
MOSCOW, June 24- The Kremlin is unaware of any contact between former U.S. spy agency contractor Edward Snowden and the Russian authorities, President Vladimir Putin's spokesman said on Monday.
*German Ifo eyed for cues on euro zone health. LONDON, June 24- The U.S. central bank's plans to scale back its stimulus and fears Chinese policy may be tightening sent the dollar sharply higher on Monday, while world shares extended last week's dismal performance.
*Combined unit would be second to Vodafone in Ireland. DUBLIN, June 24- Indebted Spanish group Telefonica has agreed to sell its O2 Ireland mobile business for 780 million euros in cash to Hutchison Whampoa's local unit 3 Ireland, it was announced on Monday.
SHANGHAI, June 24- China's cash crunch eased further on Monday after the central bank moved to prevent the money market from seizing up, but bank stocks tanked as the authorities made clear that the days of unlimited cheap official funds are over.
LONDON, June 24- The dollar extended gains against a basket of currencies on Monday to trade near its highest in over two weeks, boosted by expectations that U.S. monetary stimulus will soon be scaled back.
SEOUL, June 24- South Korea and Japan have agreed to end their bilateral won-yen currency swap deal worth $3 billion at the expiry on July 3, the Bank of Korea said on Monday, without elaborating.
PARIS, June 24- The Euro STOXX 50 Volatility index, known as the VSTOXX, hit a four-month high early on Monday, signalling a sharp rise in risk aversion as mounting worries over China's banking sector kept investors on edge.
*China credit squeeze, slower economy may hurt demand. SINGAPORE, June 24- London copper dropped to its weakest level in nearly 21 months on Monday, falling for a fifth session out of six on a firmer dollar and worries over top consumer China where a liquidity squeeze may curb demand already hit by slower growth.
MOSCOW, June 24- Russian President Vladimir Putin appointed Andrei Belousov as his top economic adviser on Monday, beefing up his Kremlin staff with an advocate of a big state role in the economy as part of a wider rotation of his policy team.
*China factors lead shares to reverse course. *Construction equipment makers, Fanuc underperform. TOKYO, June 24- Japan's Nikkei share average fell on Monday in choppy trade as worries about Chinese economic and financial stability soured investor sentiment, dragging down China- related stocks such as construction equipment makers and some exporters.
*Gold extends last week's 7 pct decline. SINGAPORE, June 24- Gold fell over 1 percent on Monday, extending last week's 7 percent decline, hurt by a stronger dollar amid worries over an early end to the U.S. Gold for immediate delivery was trading near three-year lows.
LONDON, June 24- A bumper takeover in the telecoms sector helped European shares bounce on Monday after three days of losses, although concern over the impact of stimulus withdrawal in the United States and the health of China's banks weighed.
HONG KONG, June 24- China shares suffered their biggest daily loss since August 2009 on Monday, with financials hammered on worries that the central bank would keep money tight and economic growth could slow sharply. The Shanghai financial sub-index plummeted 7.3 percent in its worst day since November 2008.
*Doubts over U.S., China demand growth hurt. SINGAPORE, June 24- Brent crude dropped below $100 per barrel on Monday, its lowest in more than two weeks, hurt by a stronger dollar and concerns about demand from top oil consumers the United States and China. Brent crude was down 96 cents at $99.95 a barrel by 0655 GMT, after dropping to as low as $99.85-- its weakest since June 3.
LONDON, June 24- Vodafone has agreed to buy Germany's largest cable operator Kabel Deutschland for 7.7 billion euros, making its biggest deal since 2007 a bet on TV and fixed line services to protect its most important market in Europe.
MOSCOW, June 24- Washington should not expect Moscow to expel former spy agency contractor Edward Snowden, a senior Russian lawmaker and Kremlin ally said on Monday. The White House urged Moscow to send Snowden back to the United States after he fled Hong Kong on Sunday for Moscow. He was expected to fly out of Moscow on Monday, possibly to Cuba.
TOKYO, June 24- The dollar mounted a two-and-a-half week peak against a basket of major currencies and surged against its Japanese counterpart in Asia on Monday, as expectations of scaled-back U.S. monetary stimulus pushed up yields on U.S. sovereign debt.
*Doubts over U.S., China demand growth hurt. SINGAPORE, June 24- Brent crude dropped toward $100 per barrel on Monday, hurt by a stronger dollar and concerns about demand from top oil consumers the United States and China.