• The Independent

    FA Cup agrees to scrap replays due to ‘expanded’ Champions League

    FA Cup replays have been scrapped from the first round proper as the Premier League pledged to put forward an additional £33m to grassroots football

  • Reuters

    Genuine Parts lifts profit forecast as US prospects brighten

    In the past months, the company has been implementing pricing initiatives and strategic sourcing programs to perk up slowing sales in its U.S. automotive segment that was hurt by high costs and other inflationary pressures. It reaffirmed its sales growth forecast of 3% to 5% for the full year. Genuine Parts reported an adjusted profit of $2.22 per share for the quarter ended March 31, beating analysts' estimate of $2.16 per share.

  • Reuters

    UPDATE 1-Spanish cosmetics group Puig seeks to raise up to 2.9 bln euros in IPO

    Spanish perfume and fashion company Puig said on Thursday it aims to raise between 2.3 billion euros ($2.46 billion) and 2.9 billion euros in Spain's largest initial public offering in almost a decade. The maker of Paco Rabanne and Carolina Herrera fragrances is offering to sell its shares in the range between 22 euros to 24.5 euros ($23.48-$26.15) per share, according to a document sent to the Spanish stock market regulator. It is offering 1.25 billion euros worth of new shares along with 1.36 billion euros of existing shares through the IPO.