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Hawaiian Electric falls after disclosing $250 mln stock offering plan

Hawaiian Electric falls after disclosing $250 mln stock offering plan Sept 19 (Reuters) - Shares of Hawaiian Electric HE.N fell 3.3% premarket on Thursday after the parent company of Hawaii's largest utility said it plans to sell up to $250 million worth of shares to partly fund its portion of the Maui wildfire settlement. The Honolulu-based company will conduct an "at-the-market offering," selling shares at prevailing market prices rather than a predetermined rate, according to a regulatory fil
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Hawaiian Electric drops on $250 mln stock offering plans

BUZZ-Hawaiian Electric drops on $250 mln stock offering plans ** Hawaiian Electric's HE.N shares down 3.4% premarket to $11.65 as co looks to raise equity ** Utility co early Thurs files up to $250 mln "at-the-market" (ATM) equity sales program to be handled by Wells Fargo, Barclays and Guggenheim ** Co plans to use net proceeds from any sales to invest in loans to Hawaiian Electric Industries (HEI) subsidiaries, finance strategic investments or potential acquisitions, and fund litigation expens
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Barclays Appoints Derek Mcnulty As Global Co-Head Of Chemicals

BRIEF-Barclays Appoints Derek Mcnulty As Global Co-Head Of Chemicals Sept 18 (Reuters) - Barclays PLC BARC.L : BARCLAYS - APPOINTS DEREK MCNULTY AS GLOBAL CO-HEAD OF CHEMICALS, DEREK DAVIDSON AS HEAD OF AMERICAS COMMERCIAL, RESIDENTIAL AND INDUSTRIALS SERVICES BARCLAYS - APPOINTS JARED ITKOWITZ AS HEAD OF AMERICAS TRANSPORTATION AND LOGISTICS WITHI
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Big banks in Britain eyed by watchdog over low saving rates

Big banks in Britain eyed by watchdog over low saving rates LONDON, Sept 18 (Reuters) - The largest banks in Britain are paying below-average interest rates for some savings accounts and face regulatory action if they fail to offer better value, the Financial Conduct Authority (FCA) warned on Wednesday. The FCA, which last year launched a review of the cash savings market, said it had worked with Lloyds LLOY.L , HSBC HSBA.L , NatWest NWG.L , Santander UK SAN.MC , Barclays BARC.L , Nationwide Bui
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Barclays Appoints Abhishek Singhal As A Managing Director Within Technology Investment Banking

BRIEF-Barclays Appoints Abhishek Singhal As A Managing Director Within Technology Investment Banking Sept 17 (Reuters) - Barclays PLC BARC.L : BARCLAYS APPOINTS ABHISHEK SINGHAL AS A MANAGING DIRECTOR WITHIN TECHNOLOGY INVESTMENT BANKING Source text for Eikon: ID:nBw6rdzdHa Further company coverage: BARC.L ( Reuters.Briefs@thomsonreuters.com )
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Ghislaine Maxwell's sex-trafficking conviction upheld, appeal planned

UPDATE 1-Ghislaine Maxwell's sex-trafficking conviction upheld, appeal planned Adds details from decision, comment by lawyer, possible U.S. Supreme Court appeal, background, paragraphs 2-9, 11-12, 14 and 17-19 Maxwell convicted of aiding disgraced Jeffrey Epstein Maxwell's lawyer signals U.S. Supreme Court appeal Appeals court says 20-year prison sentence not too long By Jonathan Stempel NEW YORK, Sept 17 (Reuters) - A U.S.
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Yen rally: slam dunk or widowmaker?

LIVE MARKETS-Yen rally: slam dunk or widowmaker? STOXX 600 up 0.8% Kingfisher soars on results Central banks in focus Wall St futures inch up 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 YEN RALLY: SLAM DUNK OR WIDOWMAKER? Bets against Japanese government debt and the yen JPY=EBS can cause surprise, catastrophic losses.
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Can Trump weaken the dollar?

LIVE MARKETS-Can Trump weaken the dollar? STOXX 600 up 0.7% Kingfisher soars on results Central banks in focus Wall St futures inch up 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 CAN TRUMP WEAKEN THE DOLLAR? The impact of U.S. presidential elections on the greenback is a topic of intense debate among analysts.
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UMG, Taylor Swift's music label, sees higher profit, helped by superfans

UPDATE 3-UMG, Taylor Swift's music label, sees higher profit, helped by superfans Taylor Swift's music label held capital markets day UMG sees 10% annual EBITDA growth through 2028 Sees 7% annual revenue growth in the period CFO urges investors not to 'overreact' to fluctuations Adds CEO comments in paragraphs 3-6, CFO in 10, shares in 13 Sept 17 (Reuters) - Universal Music Group UMG.AS said on Tuesday it expects annual core profit growth of more than 10% through 2028 on higher subscription reve
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Hedge fund Citadel expands Global Fixed Income and Macro team

MOVES-Hedge fund Citadel expands Global Fixed Income and Macro team Adds new hire in paragraph 4, adds decline to comments in paragraph 10 By Nell Mackenzie LONDON, Sept 16 (Reuters) - Hedge fund Citadel said on Monday it has hired London-based portfolio managers for its Fixed Income and Macro business adding three new hires to start from November through next year.
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Hedge fund Citadel expands Global Fixed Income and Macro team

MOVES-Hedge fund Citadel expands Global Fixed Income and Macro team Adds context behind the hires and details from paragraph 3 By Nell Mackenzie LONDON, Sept 16 (Reuters) - Hedge fund Citadel said on Monday it has hired London-based portfolio managers for its Fixed Income and Macro business adding three new hires to start from November through next year.
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Brokerages lift S&P 500 target on hopes of Fed rate cut

FACTBOX-Brokerages lift S&P 500 target on hopes of Fed rate cut Updates forecasts for BofA Global Research's currency, UBS Global Research's UK and global GDP, J.P. Morgan's China GDP, Deutsche Bank's U.S. and China GDP and S&P 500 target, Goldman Sachs' headline CPI and euro area GDP and Citigroup's core PCE; Adds background in paragraph 2 and updates paragraph under U.S.
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UBS cuts oil price view for 2024 on weak demand outlook

FACTBOX-UBS cuts oil price view for 2024 on weak demand outlook Adds UBS forecasts, quotes and context Sept 16 (Reuters) - UBS cut its oil price forecasts for 2024, citing a weaker global demand outlook especially driven by a slowing Chinese economy. It lowered its price view for both Brent and WTI by $4 to $80 per barrel and $76 per barrel respectively.
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Money losing natgas producer BKV revives US IPO

UPDATE 2-Money losing natgas producer BKV revives US IPO Adds valuation in paragraph 2, background in paragraph 4 By Niket Nishant and Arathy Somasekhar Sept 16 (Reuters) - Loss-making natural gas producer BKV Corp BKV.N said on Monday it aims to raise up to $315 million through an initial public offering of shares, nearly two years after first filing to sell shares publicly.
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India bond yields set to dip on expectations of larger Fed rate cut

INDIA BONDS-India bond yields set to dip on expectations of larger Fed rate cut By Dharamraj Dhutia MUMBAI, Sept 16 (Reuters) - Indian government bond yields are expected to open lower at the start of the week, with odds tilting towards a larger rate cut as the Federal Reserve prepares to announce its monetary policy decision on Wednesday. The benchmark 10-year yield IN071034G=CC is likely to move between 6.77% and 6.80%, compared with its previous close of 6.7904%, the lowest since March 30, 20
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France's Rexel rebuffs $9.4 billion offer from Brad Jacobs-led QXO

EXCLUSIVE-France's Rexel rebuffs $9.4 billion offer from Brad Jacobs-led QXO Recast from top with Rexel confirmation, adds background throughout By Anirban Sen Sept 15 (Reuters) - QXO QXO.O , the company billionaire Brad Jacobs is seeking to launch into building services, recently made an offer of around $9.4 billion to acquire Rexel RXL.PA that the French company on Sunday said it had rebuffed.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds CoreWeave, Barclays, Ares Management, Eni, Bain Capital, U.S. Steel, SoftwareOne; updates Vista Outdoor Sept 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1939 GMT on Friday: ** Swiss technology firm SoftwareOne Holding SWON.S is exploring a potential merger with smaller Norwegian competitor Crayon Group Holding CRAYN.OL , Bloomberg News reported on Friday, citing people familiar with the matter.
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Barclays struggling to sell stake in UK payments business, sources say

UPDATE 1-Barclays struggling to sell stake in UK payments business, sources say Barclays struggling to sell stake in UK payments arm -sources Fails to agree on price after private equity talks -sources Process complicated by takeover of payments partner -sources Adds additional Barclays comment in paragraph 8 By Amy-Jo Crowley and Emma-Victoria Farr LONDON, Sept 13 (Reuters) - Barclays BARC.L is finding it difficult to sell a stake in its British merchant payments business due to diverging views
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Barclays struggling to sell stake in UK payments business, sources say

Barclays struggling to sell stake in UK payments business, sources say Barclays struggling to sell stake in UK payments arm -sources Fails to agree on price after private equity talks -sources Process complicated by takeover of payments partner -sources By Amy-Jo Crowley and Emma-Victoria Farr LONDON, Sept 13 (Reuters) - Barclays BARC.L is finding it difficult to sell a stake in its British merchant payments business due to diverging views on its valuation, four people with knowledge of the matt
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Macquarie lowers oil price outlook for 2024 on weaker demand

FACTBOX-Macquarie lowers oil price outlook for 2024 on weaker demand Adds detail, context and adds Macquarie forecasts to table Sept 13 (Reuters) - Macquarie cut its oil price outlook for 2024 , citing lower demand especially driven by China as the key factor along with a well supplied oil market. It lowered its price view for both Brent and WTI by $2 per barrel to $80 a barrel and $75 per barrel respectively for the rest of the year.
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