The forecast and weak quarterly sales at domestic McDonald's restaurants sent shares in the world's biggest restaurant company down 4.5 percent to $121.71 and pulled down most of the restaurant sector. The Dow Jones U.S. Restaurants& Bars Index was off 2.2 percent. The world's biggest fast-food chain gets roughly one-third of its revenue and 40 percent of... » Read More
*Credit Suisse cuts Banco Popular target price to euros 1.45 from. *Credit Suisse raises Banco Sabadell target price to euros 1.50 from. *Credit Suisse raises BBVA target price to euros 6.30 from euros 5.50; rating neutral.
TOKYO, Oct 1- Japan's No.3 mobile carrier Softbank Corp plans to buy smaller wireless company eAccess Ltd through a share swap in a deal valued at just under 200 billion yen, the Nikkei business daily said on its Website.
LONDON, Oct 1- European shares edged higher on Monday, starting the new quarter with a bounce off three-week lows, as investors increased their exposure to cyclical sectors such as banks and miners.
*Moody's says that Sony Corporation's alliance with Olympus Corporation will make it more challenging for Sony to reduce its high leverage in a timely manner.
*Nippon Yusen, Daido Steel cut earnings guidance. *China official PMI, Japanese manufacturing sentiment weak. TOKYO, Oct 1- The Nikkei share average fell to its lowest close in three weeks on Monday, hurt by downbeat economic data from Japan and China as well as a smattering of profit warnings from local companies like shipper Nippon Yusen KK.
Shares in French telecom equipment gear maker Alcatel drop 2.5 percent, the biggest loser on France's blue-chip CAC 40 index, after UBS downgrades the stock to' Sell' from' Neutral'. "Our recent conversations suggest Alcatel is likely to once again sell assets to pay back bond holders to the detriment of equity holders," they add.
ZURICH, Oct. 1- Swiss retail sales rose 5.9 percent in August in real real terms versus the year-earlier month, the Federal Statistics Office said on Monday. Sales were up 0.4 percent compared to the previous month when adjusted for seasonal effects. For recent Swiss National Bank comments...
OSLO, Oct 1- Opera Software. *The major software company referred to in Opera's OSE announcement on September 21, 2012 was Yandex. *On Sept 21 Opera said: Opera Software ASA has entered into an agreement with a major software company pursuant to which the customer will license and integrate Opera's technology into their product.
LONDON, Oct 1- Britain's blue-chip index was fractionally higher early on Monday, led by miner Xstrata. after it gave its long-awaited blessing to trader Glencore's bid. Shares in Xstrata gained 1.6 percent as its board backed Glencore's bid after wrestling for three weeks to reconcile opposing demands from shareholders over the deal terms.
WARSAW, Oct 1- Poland's Purchasing Managers' Index. fell to 47.0 points in September, below analysts' forecast, signalling the worst performance of the country's economy in more than three years, data released by Markit and HSBC showed on Monday. AGATA URBANSKA, CENTRAL AND EASTERN EUROPE ECONOMIST AT HSBC:.
BUDAPEST, Oct 1- Hungary's government met in an extraordinary session on Monday after being convened by Prime Minister Viktor Orban, a spokeswoman said. She declined to give detail about the agenda of the meeting, which began at 0600 GMT. A government representative and Janos Lazar, Orban's chief of staff, will hold a news conference at 0730 GMT.
Oct 1- CTC Media Inc:.
PARIS, Oct 1- French new car registrations fell 18 percent in September, led by declines at France's Renault, Italian carmaker Fiat and U.S. automaker Ford, the CCFA industry association said on Monday. Registrations fell to 136,859 last month, the CCFA said in a statement, contributing to a nine-month drop of 14 percent.
Oct 1- CME Group Inc:. *Jefferies raises CME Group price target to $65 from $60; rating buy. Reuters Station users, click. 1568.
Oct 1- London Stock Exchange Group PLC:. *Credit Suisse cuts London Stock Exchange Group Plc price target to. Reuters Station users, click. 1580.
Oct 1- Weir Group PLC:. *Credit Suisse cuts Weir Group PLC to neutral from outperform. Reuters Station users, click. 1580.
LONDON, Oct 1- Bwin.Party Digital Entertainment PLC:. *Sale of ongame to amaya gaming group inc. *sale of ongame, a leading b2b online poker network to amaya gaming for up to E25.0 million.
Oct 1- Renew Holdings PLC:. *N +1 Brewin raises Renew Holdings PLC price target to 120 P from 110 P;. Reuters Station users, click. 1580.
*HERA trial favours status quo, PHARE trial inconclusive* Experts say key message is one year of Herceptin is best* Results limit downside risk for Roche's Herceptin revenues By Kate Kelland LONDON, Oct 1- Extending treatment with Roche'S. Data from both trials were presented at the European Society of Medical Oncology conference in Vienna on Monday.
SYDNEY, Oct 1- Australian shares ended flat on Monday, giving up early gains after data showing China's manufacturing sector remained in contraction in September fuelled investor worries about weak global growth. Mining and steel maker Arrium.