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Recruiter Robert Walters says UK job market subdued ahead of budget

UPDATE 2-Recruiter Robert Walters says UK job market subdued ahead of budget Group net fee income down 12% in Q3 Sees no recovery in client, candidate sentiment until 2025 Hiring weakens ahead of UK budget Rewrites with CEO quote, details on UK market, industry background throughout By Prerna Bedi Oct 15 (Reuters) - British recruiter Robert Walters RWA.L on Tuesday said both job seekers and employers in the UK paused activity ahead of the new government's maiden budget at the end of the month, w
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UK recruiter Robert Walters' quarterly net fee income drops 12%

UK recruiter Robert Walters' quarterly net fee income drops 12% Oct 15 (Reuters) - British recruiter Robert Walters RWA.L reported a 12% drop in its third-quarter net fee income on Tuesday, weighed down by tepid risk appetite among both job seekers and employers amid macroeconomic uncertainties. Reporting by Prerna Bedi in Bengaluru; Editing by She
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Bunzl, Equinor ASA, L'Oreal

EUROPE RESEARCH ROUNDUP-Bunzl, Equinor ASA, L'Oreal Oct 14 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bunzl, Equinor ASA and L'Oreal, on Monday. HIGHLIGHTS * Adidas AG ADSGn.DE : UBS raises target price to EUR 279 from EUR 275 * Bunzl BNZL.L : JP Morgan raises to overweight from neutral * Equinor ASA EQNR.OL : Morgan Stanley raises to equal weight from underweight * L'Oreal OREP.PA : Citigroup cuts target price to EUR 420 from
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UK's Hays rises as Q1 net fee falls in line with expectations

BUZZ-UK's Hays rises as Q1 net fee falls in line with expectations ** Shares of British recruiter Hays HAYS.L up 2.5% at 87.9 pence ** Stock among top pct gainers on the FTSE mid cap index .FTMC , which is down 0.1% ** Posts 14% fall in Q1 like-for-like net fees, which Jefferies says is in line with company consensus ** "Momentum was stable through the quarter.
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UK Stocks-Factors to watch on Oct 11

UPDATE 1-UK Stocks-Factors to watch on Oct 11 Adds new items, updates futures Oct 11 - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.1%. * BP: BP BP.L said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous three months. * SAGA: British holiday group Saga SAGA.L said that Ageas AGES.BR would buy its insurance underwriting business for 67.5 million pounds ($88.06 million), and that it was in
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UK's Hays warns of tough hiring market ahead; forecasts profit drop

UPDATE 2-UK's Hays warns of tough hiring market ahead; forecasts profit drop Like-for-like Q1 net fees down 14% Shares up 3% in early trade Hays sees H1 profit below that of prior six months Recasts, adds shares in paragraph 5, brokerage comments in paragraph 6-7 Oct 11 (Reuters) - Hays HAYS.L on Friday warned that hiring market conditions could remain challenging in the near term as the British recruiter forecast first half profits would be lower than the prior six-month period.
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Recruiter Hays expects H1 operating profit to fall sequentially

Recruiter Hays expects H1 operating profit to fall sequentially Oct 11 (Reuters) - Hays HAYS.L forecast a fall in first-half operating profit from the previous six-month period after the British recruiter reported a 15% drop in quarterly net fees on Friday, weighed by hesitance among employees to switch jobs and employers to hire amid macroeconomic uncertainties.
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Hays Sees H1 25 Pre-Exceptional Oper Profit Sequentially Lower Than H2 24

BRIEF-Hays Sees H1 25 Pre-Exceptional Oper Profit Sequentially Lower Than H2 24 Oct 11 (Reuters) - Hays PLC HAYS.L : FIRST QUARTER TRADING STATEMENT REPORTS NET FEES DOWN 14% IN Q1 FY25 TARGETS £30M ANNUAL STRUCTURAL SAVINGS BY END OF FY27 EXPECTS FY25 TO BENEFIT FROM £60M COST SAVINGS SECURED LAST YEAR EXPECT THAT PRE-EXCEPTIONAL OPERATING PROFI
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Anglo American, Boliden, Central Asia Metals

EUROPE RESEARCH ROUNDUP-Anglo American, Boliden, Central Asia Metals Oct 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Anglo American, Boliden and Central Asia Metals, on Thursday. HIGHLIGHTS * Anglo American AAL.L : JP Morgan cuts to neutral from overweight * Boliden AB BOL.ST : JP Morgan cuts to underweight from neutral * Central Asia Metals Plc CAML.L : Berenberg cuts to hold from buy * Fevertree Drinks Plc FEVR.L : Exane BN
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Top of the Street: Kering, Hays, B&M, Nordic mining tools makers

BUZZ-Top of the Street: Kering, Hays, B&M, Nordic mining tools makers A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** BofA cuts French luxury goods company Kering PRTP.PA to "neutral" from "buy", pointing to weak demand from China and predicting muted revenue growth for the sector through 2025 ** Exane BNP Paribas cuts UK recruitment firm Hays HAYS.L to "underperform" from "neutral" citing the lack of improvement in market conditions through Q3 and struc
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UK recruitment firm Hays falls as Exane BNP Paribas cuts to 'underperform'

BUZZ-UK recruitment firm Hays falls as Exane BNP Paribas cuts to 'underperform' ** Shares of recruitment firm Hays Plc HAYS.L fall 3.4% to 90.65p, stock among top pct losers on FTSE 250 .FTMC index ** Analysts at Exane BNP Paribas downgrade rating on the stock to "underperform" from "neutral", citing the lack of improvement in market conditions thr
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Anglo American, Mercedes-Benz, Next

EUROPE RESEARCH ROUNDUP- Anglo American, Mercedes-Benz, Next Sept 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Anglo American, Mercedes-Benz and Next, on Monday. HIGHLIGHTS * Anglo American AAL.L : JP Morgan cuts target price to 2,305p from 2,440p * Mercedes-Benz Group AG MBGn.DE : Jefferies cuts target price to EUR 75 from EUR 90 * Next Plc NXT.L : JP Morgan raises target price to 10,500p from 9,900p * Porsche AG P911_p.DE :
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MS names European business services top picks into end-2024

BUZZ-MS names European business services top picks into end-2024 ** Morgan Stanley reiterates its preference for business services providers among European equities thanks to their high inverse correlations to bond yields, and names its "overweight" picks for the sector ** The broker turns more constructive on speciality chemicals distribution, upg
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Argenx, Glencore, Volvo Car

EUROPE RESEARCH ROUNDUP- Argenx, Glencore, Volvo Car Aug 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Argenx, Glencore and Volvo Car, on Friday. HIGHLIGHTS * Argenx SE ARGX.BR : JP Morgan raises target price to EUR 570 from EUR 470 * Glencore GLEN.L : Morgan Stanley cuts target price to 470p from 480p * Rockwool A/S ROCKb.CO : Morgan Stanley raises PT to DKK 3023 from DKK 2664 * Swiss Re AG SRENH.S : RBC raises target price t
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UK recruiter Hays up as profit matches market forecast

BUZZ-UK recruiter Hays up as profit matches market forecast Updates ** Shares of British recruiter Hays HAYS.L reverse course, up 2.4% at 97.25p ** FY operating profit plummets 47% on a like-for-like basis to 105.1 mln pounds, in line with analysts consensus ** Net fees also falls 14% to 1,113.6 mln pounds in the year ** Says the co saw increasingl
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Dollar bulls

LIVE MARKETS-Dollar bulls STOXX 600 up 0.5% Retailers lead, up 1.3% Euro zone PMIs show strength 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 DOLLAR BULLS The dollar is trading near its lowest in more than a year against the euro and sterling, while investors wonder whether the greenback is on the cusp of a sustained downturn or whether the recent decline will soon become a bu
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Retailers lift STOXX, miners drag

LIVE MARKETS-Retailers lift STOXX, miners drag 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 RETAILERS LIFT STOXX, MINERS DRAG The STOXX 600 .STOXX is adding 0.3%, with retail .SXRP stocks providing a lift, rising 0.8%, while miners .SXPP tumble 1%.
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UK recruiter Hays down on dour FY results

BUZZ-UK recruiter Hays down on dour FY results ** Shares of British recruiter Hays HAYS.L down 1.4% at 93.65p ** FY operating profit plummets 47% on a like-for-like basis to 105.1 mln pounds ** Net fees also falls 14% to 1,113.6 mln pounds in the year ** Says the co saw increasingly challenging market conditions through FY24 in both Perm and Temp d
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UK Stocks-Factors to watch on Aug 22

UPDATE 1-UK Stocks-Factors to watch on Aug 22 Adds new items, updates futures Aug 22 - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.1%. * JD SPORTS: British sportswear retailer JD Sports Fashion JD.L reported a 2.4% rise in second-quarter underlying sales, an improvement on the previous quarter, but said it was cautious on its outlook for the rest of the year with the overall market remaining volatile.
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UK recruiter Hays cutting more costs as profit drops on hiring slowdown

UPDATE 2-UK recruiter Hays cutting more costs as profit drops on hiring slowdown Adds shares in paragraph 2, CEO quotes in paragraph 3 &4, comments on current trading in paragraph 8, Aug 22 (Reuters) - British recruiter Hays HAYS.L said it would make further cost cuts after reporting a 47% drop in annual profit on Thursday due to the slowdown in the jobs market as economic and political uncertainty weighed on decision making.
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