Author Archives: Editor - Stock Markets News

Stagecoach annual earnings boosted by rail unit

LONDON, June 29 (Reuters) – Britain’s Stagecoach reported a rise in adjusted annual earnings per share on Wednesday led by higher revenue from its rail operations and said that it would aim to stimulate growth. Adjusted earnings per share rose … Continue reading

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Suzuki Motors says Brexit to have 'major' impact on earnings

TOKYO (Reuters) – Suzuki Motor Corp on Wednesday said currency market volatility after Britain voted to exit the European Union would likely have a “major” impact on earnings, and that it would offset the impact by cutting costs and local … Continue reading

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Asian stocks up as worries from Britain's EU leave vote ease

SEOUL, South Korea (AP) — Asian stock markets rallied on Wednesday following overnight gains on Wall Street and even bigger gains in Europe, as worries about uncertainty following Britain’s EU referendum eased. Japan’s Nikkei 225 jumped 1.4 percent to 15,543.72 … Continue reading

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Suzuki Motors says Brexit to have 'major' impact on earnings

TOKYO (Reuters) – Suzuki Motor Corp <7269.T> on Wednesday said currency market volatility after Britain voted to exit the European Union would likely have a “major” impact on earnings, and that it would offset the impact by cutting costs and … Continue reading

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Congressional watchdog expands probe of lax Wall Street oversight

By Jonathan Spicer NEW YORK (Reuters) – A U.S. congressional watchdog said on Tuesday it has formally added three agencies to its investigation into whether government regulators are too soft on the banks they are meant to police. In March, … Continue reading

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Wall St moves higher after Brexit-induced selloff

By Yashaswini Swamynathan REUTERS – Wall Street was higher on Tuesday as investors rushed to pick up stocks after Britain’s decision to leave the European Union sparked a massive two-day selloff in global markets. Banks, which were the worst hit … Continue reading

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Wall Street rebounds as post-Brexit bargain hunt begins

By Yashaswini Swamynathan (Reuters) – Wall Street opened sharply higher on Tuesday as investors rushed to pick up stocks after Britain’s decision to leave the European Union sparked a massive two-day selloff in global markets. Banks, which were the worst … Continue reading

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S&P: No other EU downgrades post-Brexit, will look at UK banks

LONDON (Reuters) – Standard and Poor’s said on Tuesday it had no plans to downgrade any other EU country in the wake of Britain’s Brexit vote and that it will decide if any UK banks ratings should be cut in … Continue reading

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Ratings agency S&P says expects BoE to help UK to dodge recession

LONDON (Reuters) – Britain is likely to avoid entering recession after voting to leave the European Union if the Bank of England cuts interest and restarts its quantitative easing programme, ratings agency Standard & Poor’s said on Tuesday. On Monday … Continue reading

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Paris steps up pitch to London bankers seeking to move

PARIS, June 28 (Reuters) – A leading French banker and a top Paris politician cranked up the French capital’s campaign on Tuesday to attract London bankers shocked by the UK vote to leave the European Union, calling for tax incentives … Continue reading

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