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Housebuilders fall on media report UK will not extend stamp duty threshold hike

BUZZ-Housebuilders fall on media report UK will not extend stamp duty threshold hike ** UK housebuilders' index .FTNMX402020 falls 2%, with all constituents in the red ** UK Chancellor Rachel Reeves will not extend increase in stamp duty threshold in the impending budget, according to a report by The Times published on Thursday after market ** The property tax benefit, introduced by the Tories, is slated to end in March next year, adding about 2,500 pounds ($3,261.50) to the average home purchas
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Adidas, Bellway, Nestle

EUROPE RESEARCH ROUNDUP- Adidas, Bellway, Nestle Oct 18 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Adidas, Bellway, and Nestle, on Friday. HIGHLIGHTS * Adidas AG ADSGn.DE : Baader Helvea raises to add from reduce * Bellway Plc BWY.L : Peel Hunt cuts to hold from add * Danone DANO.PA : Morgan Stanley cuts to equal weight from overweight * Greencore GNC.L : Deutsche Bank raises to hold from sell * Nestle SA NESN.S : Jefferies cut
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UK homebuilders gain as sharp fall in inflation spurs rate cut hopes

BUZZ-UK homebuilders gain as sharp fall in inflation spurs rate cut hopes ** Shares of UK housebuilders .FTNMX402020 rise 2.2%, after data showed that British inflation dropped sharply last month and key price gauges watched by the Bank of England fell, bolstering bets for an interest rate cut next month ** The rate of annual consumer price inflati
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Adidas AG, Covivio SA, L'Oreal

EUROPE RESEARCH ROUNDUP-Adidas AG, Covivio SA, L'Oreal Oct 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Adidas AG, Covivio SA and L'Oreal, on Wednesday. HIGHLIGHTS * Adidas AG ADSGn.DE : RBC raises target price to EUR 265 from EUR 260 * Covivio SA CVO.PA : JP Morgan raises to overweight from neutral * L'Oreal OREP.PA : JP Morgan cuts to underweight from neutral * OCI NV OCI.AS : JP Morgan cuts to neutral from overweight * Wizz
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London's FTSE 100 dips as oil, mining stocks slide

UPDATE 1-London's FTSE 100 dips as oil, mining stocks slide FTSE 100 down 0.5%; FTMC 250 off 0.1% British unemployment rate down to 4% from 4.1% Bellway up after upbeat 2025 forecast Updated at 1621 GMT By Pranav Kashyap and Sruthi Shankar Oct 15 (Reuters) - Britain's FTSE 100 fell on Tuesday, as a plunge in commodity prices knocked heavyweight oil and mining stocks lower, while a mixed labour market data put the Bank of England on track to cut interest rates next month.
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