×

Europe News London

  • LONDON, Oct 12- Mission Marketing Group PLC:. *Acquisition, placing and board appointment. *acquired Friars 573 Ltd, trading as balloon dog, for up to  £3.2 million.

  • is in talks to buy a significant stake in Sprint Nextel Corp, the ailing U.S. wireless carrier said. A deal would offer a multibillion-dollar lifeline that could help Sprint finance future mergers of its own and better compete with its much bigger and richer rivals.

  • LONDON, Oct 12- GW Pharmaceuticals PLC:. *Positive German sativex data presented at ectrims. *confirms clinically relevant benefits in Multiple Sclerosis Spasticity.

  • LONDON, Oct 12- Travis Perkins PLC:. *Group financial director, Paul Hampden Smith to step down. *making good progress in its search for a new Group Finance Director.

  • LONDON, Oct 12- Travis Perkins PLC:. *Total like-for-like sales per trading day% for Q3. *Remain on target to meet market expectations.

  • LONDON, Oct 12- Hargreaves Lansdown PLC:. *Assets under administration increased  £2.2 billion in three months to 30. September to  £28.5 billion.

  • LONDON, Oct 12- The Unite Group PLC:.

  • LONDON, Oct 12- Computacenter PLC:. *UK continued its revenue improvement with growth of 12% in the third quarter. *In France, overall revenue performance was flat in the third quarter and 7%.

  • MOSCOW, Oct 12- Russian private healthcare provider MD Medical Group said on Friday it had priced its initial public offering at $12 per global depositary receipt, raising $311 million assuming full exercise of an over-allotment option. The statement confirmed earlier Reuters report that MD Medical Group will sell shares at no less than $12 per GDR.

  • LONDON, Oct 12- European stock index futures pointed to a lower open on Friday as expectations for weak corporate earnings and concerns about Spain's debt crisis keep investors on the back foot after healthy gains in the previous session.

  • *Britain's FTSE 100 index is seen opening down 15 to 18 points, or 0.3 percent on Friday, according to financial bookmakers, retreating after a strong rise in the previous session after Wall Street pared its gains to end flat and Asian markets fell overnight. *Banks will be in focus as JPMorgan Chase& Co. and Wells Fargo.

  • CANBERRA, Oct 12- Australian shares edged up 0.1 percent on Friday as gains in index-heavy mining stocks helped break a two-day run of losses, but the market still ended slightly down on the week. Global miner BHP Billiton Ltd. gained 0.9 percent to A $33.54 and major rival Rio Tinto Ltd rose 1.8 percent to A $56.40, helped by a rebound in iron ore prices.

  • LONDON, Oct 12- European stocks were set to open slightly lower on Friday as expectations for a weak earnings season and lingering uncertainty about Spain's debt crisis kept investors on the back foot after healthy gains in the previous session. Financial spreadbetters expected Britain's FTSE 100 to open 15 to 18 points lower, or as much as 0.3 percent.

  • By early afternoon in Europe, benchmark oil for November delivery was up 21 cents to $92.28 per barrel in electronic trading on the New York Mercantile Exchange. The contract gained 82 cents to close at $92.07 per barrel in New York on Thursday.

  • Oct 12- Fitch Ratings has affirmed the Long-term Issuer Default Ratings of Russia's Home Credit and Finance Bank at' BB-', and thereby resolved the Rating Watch Positive on the ratings. Fitch placed HCFB's ratings on RWP on 23 May 2012, reflecting the view that the bank's stand-alone credit metrics warranted a higher rating than the' BB-' level.

  • --Following our review of the remaining loan backing Victoria Funding, we consider that the risk of principal losses and cash flow disruption has increased. --Victoria Funding is a 2005- vintage transaction currently backed by one loan secured by seven commercial real estate assets in the U.K..

  • LONDON, Oct 12- Russian Urals crude extended its rally on Friday, trading in the Baltic at a discount of less than $1 a barrel to dated Brent for the first time since late August, as refiners scrambled to pick up remaining scarce volumes. In the Platts window, BP continued to bid for an Oct 22-26 cargo in the Baltic at dated Brent minus $1 but found no sellers, traders said.

  • LONDON, Oct 12- Irish originator Permanent TSB made a capital gain in excess of EUR150m with its RMBS tender offer, repurchasing EUR644.6m of bonds from the Fastnet 2 transaction.

  • LONDON-- Financial markets slipped on Friday, as disappointing earnings from Wells Fargo bank offset brighter figures from JP Morgan Chase& Co. and a strong U.S. consumer confidence survey. But revenue gains reported by Wells Fargo were below investors' expectations, pushing stock markets back down by the time European exchanges closed.

  • Billionaire Vincent Bollore plans to list shares of his holding company's electric-car-and-batteries unit next year, the French tycoon told daily Les Echos in an interview. The French ad group said it had acquired 117,415 shares in LBi International NV as part of a deal to acquire the Dutch agency announced in September.