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BUZZ-Ashtead: worst week in four years on United Rentals read

Reuters - UK Focus

** Plant hire co Ashtead poised for biggest weekly drop since August 2011, hit by disappointing Q2 from major US competitor United Rentals (NYSE: URI - news) this week

** Ashtead already had chance to react to the United Rentals numbers -- released after hours on Wednesday -- in previous session, but extends falls on Friday in wake of c.14% slide from United Rentals overnight (traders blame conference call)

** Ashtead down 2.5% on Friday -- taking its decline this week to 11.9% -- top OTD faller on FTSE 100 & most actively traded on index, with a third of 90-day daily avg having gone through in 30 mins

** BAML double downgrade hit Ashtead on Wednesday (broker had highlighted weaker commentary from United Rentals ahead of the Q2 figures) (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)