Company Results & Outlooks

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Tax could cost UBS up to 10 pct of Europe assets

ZURICH, May 26 - UBS AG could see up to 10 percent of its European assets of 300 billion Swiss francs ($312.52 billion) moved out due to pressure to clamp down on untaxed accounts, the head of the wealth management business was quoted as saying on Saturday.

UPDATE 3-Lehman to buy rest of Archstone for $1.58 bln

May 25 - Lehman Brothers Holdings Inc said it would acquire the remaining 26.5 percent of apartment company Archstone that it didn't already own from Barclays Capital and Bank of America Corp for $1.58 billion.

TABLE-John Lewis weekly dept store sales up 11.6 pct

London, May 25 - British retailer John Lewis on Friday gave the following sales figures for the latest week compared with a year earlier.

25 May 2012

UPDATE 4-Tiffany forecasts disappoint; U.S., Asia slowing

* Tiffany sees FY sales up 7-8 pct; previous view 10 pct

Regulatory News, 24 May 2012

BG to spend $30 bln on Brazil offshore oil by 2025

RIO DE JANEIRO, May 24 - BG Group Plc. plans to spend about $30 billion to expand oil and natural gas output in Brazil by 2025, an investment expected to provide the British energy company with about a third of its future worldwide output, a top BG executive in Brazil told Reuters.

UPDATE 1-A350 schedule 'tight but feasible' - Airbus exec

* Immediate challenges include first airframe - exec (Adds detail, exec comments, changes dateline to Toulouse)

Aerospace & Defence 24 May 2012

A350 schedule 'tight but feasible' - Airbus exec

PARIS, May 24 - Planemaker Airbus' target to get the A350, its next all-new passenger jet, ready in time for first delivery in the first half of 2014 is "tight but it remains feasible", the head of the European aircraft project said on Thursday.

Market Movers 24 May 2012

Signet Jewelers profit beats but sales miss view

May 24 - Signet Jewelers Ltd, parent of Kay Jewelers, Jared and H. Samuel, reported better than expected first-quarter profit despite a slowing pace of growth in its U.S. sales.

Regulatory News 24 May 2012

UPDATE 2-CWC halves dividend in tougher telecoms world

* Full-year core earnings up 5 pct, slightly ahead of expectations

24 May 2012

UPDATE 2-Cheese brands smooth rough year at Dairy Crest

* Final dividend up 4 pct at 14.7 pence (Adds CEO, analyst quotes, details, background)

M&A 24 May 2012
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