Company Results & Outlooks

UPDATE 1-Snam could take stake in TAP pipeline, but not now

* Snam shares higher after Q3 results (Recasts lead, adds CEO comments, shares)

UPDATE 2-AbbVie says strong results lessen need for big deal

Oct 31 - AbbVie, which this month abandoned its planned $55 billion purchase of Dublin drugmaker Shire, reported impressive quarterly earnings on demand for its Humira arthritis drug and said it could deliver strong long-term growth without rushing into another big merger attempt.

Regulatory News, M&A 31 Oct 2014

Without a plan, junk status looms for Britain's Tesco - Moody's

LONDON, Oct 31 - Tesco could see its debt downgraded to "junk" status unless it outlines plans to cut borrowing and improve trading, rating agency Moody's said, raising the prospect of higher financing costs for Britain's biggest grocer.

IPOs, 31 Oct 2014

European oil majors' Q3 refining boost to be short lived

* Falling oil price and maintenance boost refining margins

31 Oct 2014

UPDATE 2-British Airways owner confident on growth as rivals falter

* Q3 profit up 30 pct to 900 mln euros vs 879 mln forecast

31 Oct 2014

UPDATE 2-AB InBev profit capped by weak U.S., Brazil recession

* U.S. weaker, Brazil stagnant, limited cost savings in Mexico

Regulatory News, 31 Oct 2014

BRIEF-Ted Baker says insurance claim againt AXA has not been upheld

* Claim against AXA Insurance UK PLC, its previous insurers, for loss of profit arising from theft of inventory from its warehouse from 2004 to 2008 has not been upheld

31 Oct 2014

UPDATE 2-Advertising group WPP sticks to full-year outlook despite slowdown

* Shares flat after recent strong run (Adds reaction, shares)

31 Oct 2014

UPDATE 1-Pendragon upbeat on 2014 after third-quarter profit rise

LONDON, Oct 31 - Britain's largest car dealership Pendragon said on Friday its full-year performance would be ahead of expectations after an increase in visits to its website boosted sales, which contributed to a rise in third-quarter profits.

31 Oct 2014

BRIEF-Pendragon shares up 5 pct after Q3 profit boost, raises expectations

* Shares up 5 percent after q3 profit boost, raises full-year expectations Further company coverage: (Reporting By Costas Pitas)

Global Market Data 31 Oct 2014
Currency
US $ inGBP =0.6252
Euro inGBP =0.7822
¥en inGBP =0.0056