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BUZZ-Hays: staffing co stumbles on pre-election weakness

Reuters - UK Focus

** Hays (LSE: HAS.L - news) falls back from 8-yr high reached Thurs in heavy volume after posting slowdown in UK net fee growth ahead of May election as cos hold back on hiring decisions

** Elsewhere, e.g. Germany (c.40% of EBIT), trading more buoyant

** Stock, down 2.3 pct, 2nd-top FTSE 250 faller & 2nd most actively traded on index, with 1.5 times 90-day daily avg volume having gone through

** Co boosted Thurs by two-notch BofA Merrill Lynch upgrade to "buy" (to reflect improving European macro outlook) (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)