BUZZ-Home Retail: UK competition watchdog clears Sainsbury's deal
** Argos-owner Home Retail (Other OTC: HMRLF - news) 's shares +3.5 pct, second-largest FTSE 250 gainers, after UK's Competition and Markets Authority clears Sainsbury (Amsterdam: SJ6.AS - news) 's acquisition of co
** CMA says its investigation found deal will not hurt competition in the UK
** A fifth of co's daily avg vols gone through in the first 40 minutes of trade
** Sainsbury's shares down 0.3 pct vs 0.2 pct fall in FTSE 100, a tenth of their 30-day avg vols gone through in the first 40 minutes of trade (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)