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Rentokil


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Auction Technology, Compass, D'Ieteren Group

EUROPE RESEARCH ROUNDUP-Auction Technology, Compass, D'Ieteren Group Sept 17 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Auction Technology, Compass Group and D'Ieteren Group on Tuesday. HIGHLIGHTS * Auction Technology Group Plc ATG.L : JP Morgan raises to overweight from neutral * Compass Group CPG.L : RBC cuts to sector perform from outperform * D'Ieteren Group SA IETB.BR : Jefferies cuts to hold from buy * Hermes HRMS.PA : Ex
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Banco, Shell, WH Smith

EUROPE RESEARCH ROUNDUP-Banco, Shell, WH Smith Sept 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Banco, Shell and WH Smith on Thursday. HIGHLIGHTS * ABN Amro Bank NV ABNd.AS : JP Morgan raises to neutral from underweight * Banco Bpm BAMI.MI : JP Morgan raises to neutral from underweight * Shell Plc SHEL.L : Berenberg cuts target price to 3,100p from 3,400p * UMG UMG.AS : Citigroup cuts target price to EUR 26 from EUR 29.50 *
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UK Stocks-Factors to watch on Sept 12

UK Stocks-Factors to watch on Sept 12 Sept 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 1.03%. * RIO TINTO: A Native American group on Wednesday asked the U.S. Supreme Court to block Rio Tinto RIO.L and BHP BHP.AX from gaining access to Arizona land needed to build one of the world's largest copper mines.
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U.S. STOCKS AES Corp, Applied DNA Sciences, health insurers

BUZZ-U.S. STOCKS ON THE MOVE-AES Corp, Applied DNA Sciences, health insurers Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes fell on Wednesday after latest inflation numbers hit expectations of a bigger interest rate cut by the Federal Reserve, while odds of Democrat Kamala Harris winning the U.S.
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Europe's STOXX 600 little changed as focus shifts to ECB

UPDATE 2-Europe's STOXX 600 little changed as focus shifts to ECB For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window STOXX 600 ends flat Britain's economy showed no growth on a month-on-month basis U.S. August CPI at 2.5% vs 2.6% YoY Commerzbank surges after Unicredit bought 9% stake Updated at 1600 GMT By Pranav Kashyap and Shubham Batra Sept 11 (Reuters) - European shares ended flat on Wednesday as gains in technology shares were offset b
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FTSE 100 drops on Rentokil warning; U.S. inflation data weighs

UPDATE 1-FTSE 100 drops on Rentokil warning; U.S. inflation data weighs For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 down 0.2%, FTSE 250 off 0.6% Rentokil falls after third warning on North America weakness US consumer prices rise moderately; underlying inflation sticky UK gross domestic product shows no change in July WH Smith rises on annual revenue growth Updated at 1540 GMT By Purvi Agarwal and Khushi Singh Sept 11 (Reute
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U.S. STOCKS Cantaloupe, Children's Place, GameStop

BUZZ-U.S. STOCKS ON THE MOVE-Cantaloupe, Children's Place, GameStop Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street was set to open lower as uncertainty about the Federal Reserve's interest rate path increased following the latest inflation data, while odds of Democrat Kamala Harris winning the U.S.
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U.S. STOCKS Coinbase Global, GameStop, Trump Media & Technology Group

BUZZ-U.S. STOCKS ON THE MOVE-Coinbase Global, GameStop, Trump Media & Technology Group Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures dipped on Wednesday, with investors pricing in greater odds of Democrat Kamala Harris prevailing in the upcoming presidential elections, while focus moved to a key inflation reading later in the day.
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Rentokil’s US bug invites management fumigation

BREAKINGVIEWS-Rentokil’s US bug invites management fumigation The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan LONDON, Sept 11 (Reuters Breakingviews) - Rentokil RTO.L makes money helping people get rid of unwanted pests. The $13 billion group now needs to find a solution for a similarly persistent problem: disappointing growth in its U.S.
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Bernstein cuts Elis on concerns around offer on Vestis

BUZZ-Bernstein cuts Elis on concerns around offer on Vestis ** Bernstein downgrades Elis ELIS.PA to "market-perform" from "outperform", saying the French hygiene group's offer on Vestis VSTS.N prompts investment risk concerns ** Expansion in the US makes sense for Elis on the long term, but the current deal presents risks for investors, as positive
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European shares rise on boost from tech, resources sectors

CORRECTED-UPDATE 1-European shares rise on boost from tech, resources sectors Corrects paragraph 13 to clarify UniCredit paid 702 million euros for a 4.5% stake in Commerzbank, not the entire 9% stake STOXX 600 up 0.2% Britain's economy showed no growth on a month-on-month basis Commerzbank surges after Unicredit bought 9% stake By Pranav Kashyap Sept 11 (Reuters) - European shares opened higher on Wednesday, boosted by the tech and basic resources sectors, while investors awaited a key U.S.
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UK's Rentokil hits over 4-year low on weakness in North America

BUZZ-UK's Rentokil hits over 4-year low on weakness in North America ** British pest control company Rentokil Initial RTO.L tumbles 20% to 379.8p; stock at its lowest level since April 2020 ** RTO is the worst performer on London's main market index .FTSE and pan-European STOXX 600 index .STOXX ** Co says it would cut jobs and warns of further weak
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Miners and retailers lift STOXX

LIVE MARKETS-Miners and retailers lift STOXX STOXX 600 up 0.4% UniCredit buys Commerzbank stake Mining stocks bounce Wall St futures edge lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com MINING AND RETAIL LIFT STOXX The STOXX 600 .STOXX is adding 0.4%, buoyed my mining .SXPP and retail stocks .SXRP which are both up 1.5%.
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Rentokil shares fall after third warning on North America weakness

UPDATE 3-Rentokil shares fall after third warning on North America weakness Shares have lost about a third in value since October 2023 Company to cut US jobs to address cost overruns Says North America sales in July and August lower than expected Adds CEO comment in paragraph 3, details on Terminix deal and analyst quote in paragraphs 10-12 By Yamini Kalia and Yadarisa Shabong Sept 11 (Reuters) - Rentokil Initial RTO.L warned of lower annual profit on Wednesday after weaker than expected sales i
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UK Stocks-Factors to watch on Sept 11

UPDATE 1-UK Stocks-Factors to watch on Sept 11 Adds news items, updates futures Sept 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures up 0.15%. * RIGHTMOVE: Britain's largest real estate portal Rightmove RMV.L rejected the 5.6 billion pound ($7.32 billion) cash-and-stock takeover proposal from Australia's REA Group REA.AX , it said, citing that the bid undervalued its prospects.
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UK's Rentokil to cut jobs, sees slowdown in North American revenue

UK's Rentokil to cut jobs, sees slowdown in North American revenue Sept 11 (Reuters) - British pest control company Rentokil Initial RTO.L said on Wednesday it would cut jobs to slash the cost over-runs as it guided a smaller revenue growth at its North American business in the second half of the year. The company, which made about 60% of its revenue in North America last year, did not specify on the number of jobs that will be impacted under the cost-cutting plan.
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Rentokil Initial Sees FY24 Group Adjusted PBTA To Be C.£700 Mln

BRIEF-Rentokil Initial Sees FY24 Group Adjusted PBTA To Be C.£700 Mln Sept 11 (Reuters) - Rentokil Initial PLC RTO.L : RENTOKIL INITIAL PLC - TRADING UPDATE RENTOKIL: FY 24 GROUP ADJUSTED PBTA NOW EXPECTED TO BE C.£700M Source text for Eikon: ID:nRSK6621Da Further company coverage: RTO.L
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Elis shares tumble after reported bid for US uniform supplier Vestis

UPDATE 2-Elis shares tumble after reported bid for US uniform supplier Vestis Rewrites paragraph 1 with Elis confirming approach to Vestis, adds comment in paragraph 2 Sept 6 (Reuters) - Elis ELIS.PA said on Friday it had made a preliminary approach to U.S. uniform supplier Vestis VSTS.N about a potential acquisition, confirming a Reuters report that prompted the French workplace supplies provider's shares to tumble 16%.
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Elis shares drop after reported bid for US uniform supplier Vestis

Elis shares drop after reported bid for US uniform supplier Vestis Sept 6 (Reuters) - Shares in Elis ELIS.PA fell 11% on Friday after Reuters reported , citing sources, that the French workplace supplies provider had approached Vestis VSTS.N , the former uniform rentals business of Aramark ARMK.N , with an acquisition offer. Vestis, valued at $3.3 billion on the stock market, has become an acquisition target after recent underperformance due to the loss of key customers.
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Siemens Energy resumes sales of its troubled 4.X onshore wind turbine

Siemens Energy resumes sales of its troubled 4.X onshore wind turbine By Christoph Steitz FRANKFURT, Sept 5 (Reuters) - Siemens Energy ENR1n.DE said it has resumed sales of its 4.X wind turbine, which has been at the heart of its biggest corporate crisis, in a sign that the German energy group is fully returning to the onshore market. Responding to a Reuters query , a spokesperson for Siemens Energy said sales of the troubled turbines have resumed but would be limited to selected markets, withou
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