(Adds company news items, futures) May 23 (Reuters) - Britain’s FTSE 100 index is seen opening 27 points lower at 7,307 on Thursday, according to financial bookmakers, with futures down 0.58% ahead of the cash market open. * LondonMetric Property: Warehouse owner LondonMetric Property said on Thursday it had agreed to buy real estate investment trust A & J Mucklow in a cash and stock deal that values the Midlands-based peer at 414.7 million pounds ($524.22 million). * B&M European: British discounter B&M European Value Retail reported an 8.7% rise in full-year profit and said it had entered its new financial year with renewed trading momentum. * JOHN MENZIES: UK airline servicing company John Menzies Plc has appointed Swiss private equity fund manager Christian Kappelhoff-Wulff to its board and formed two new committees to consider strategic and structural options for the company. * TALKTALK: British broadband provider TalkTalk reported a 17% rise in full-year … [Read more...] about UPDATE 1-UK Stocks-Factors to watch on May 23
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UPDATE 1-UK Stocks-Factors to watch on May 17
(Adds company news items and futures) May 17 (Reuters) - Britain’s FTSE 100 index is expected to open 23 points lower at 7,331 on Friday, according to financial bookmakers, with futures up 0.34% ahead of the cash market open. * STAFFLINE GROUP: Staffline Group Plc said ongoing Brexit uncertainty was driving companies to move a significant number of temporary workers into permanent positions to protect against the risk of the labour market tightening, hurting its margins. * SAGE: British software company Sage on Friday said it expects full-year organic recurring revenue growth to be at the top end of its previous forecast, underpinned by higher software subscriptions. * HIKMA PHARMACEUTICALS: Hikma Pharmaceuticals Plc on Friday backed its forecast for the full-year, boosted by higher demand for its injectable drugs and a rebound in its generics business. * EASYJET: British budget airline easyJet warned of a tough trading environment on Friday and said revenue per seat in the … [Read more...] about UPDATE 1-UK Stocks-Factors to watch on May 17
UK Stocks-Factors to watch on May 17
May 17 (Reuters) - Britain's FTSE 100 index is expected to open 23 points lower at 7,331 on Friday, according to financial bookmakers. * METRO BANK: Embattled British lender Metro Bank has raised 375 million pounds ($479.63 million) of vital capital to shore up its finances just hours after launching a discounted funding round on Thursday. * LLOYDS BANKING: Lloyds Banking Group has defended the 6.3 million pound ($8.06 million) pay package awarded to chief executive Antonio Horta-Osorio, after criticism from politicians and investor trade bodies. * BT Group: The new boss of Britain's BT Group will give each employee 500 pounds ($641) worth of shares, at a total cost of 50 million pounds, in one of his first moves to drive better performance at the telecoms giant. * OIL: Oil prices rose again on Friday and were on track for the first weekly gains this month, as rising tensions in the Middle East stoked fears of supply disruptions. * GOLD: Gold extended its losses on Friday, following … [Read more...] about UK Stocks-Factors to watch on May 17
UPDATE 1-UK Stocks-Factors to watch on May 16
(Adds company news items and futures) May 16 (Reuters) - Britain’s FTSE 100 index is expected to open 32 points lower at 7,265 on Thursday, according to financial bookmakers, with futures down 0.08% ahead of the cash market open. * JUST GROUP: Specialist pension provider Just Group recorded a 59% fall in retirement income sales to 184 million pounds ($236.40 million) in the first quarter, hurt by lower sales of bulk annuities, it said on Thursday. * PREMIER OIL: Britain’s Premier Oil increased its production guidance for this year on Thursday to 75,000 to 80,000 barrels of oil equivalent per day (boed) from up to 75,000 boed previously. * NATIONAL GRID: National Grid Plc, which runs Britain’s energy systems, on Thursday reported an 18% fall in its annual operating profit on costs related to storms in the United States. * Keller Group: Ground engineering contractor Keller Group Plc said on Thursday first-half results for 2019 will be materially lower compared to a … [Read more...] about UPDATE 1-UK Stocks-Factors to watch on May 16
Letter From The UK: Lost In England (In An Audi SQ7)
England is a small country, yet the biggest of the four that make up the United Kingdom of Great Britain and Northern Ireland. The others don’t like us much; they see us as conquerors as if we could do anything about changing history. In Scotland, some want independence from the Union and in Wales they put up all their signs in Welsh as well as England in a message of national defiance that just confuses tourists. Northern Ireland meanwhile historically has had terrible troubles of its own, but despite it all we’re still sticking together, demonstrating that it is economics, not love, that conquers all. As mentioned, England is a small country. It would fit three times into France or Spain and there are several of your United States that are larger by area, yet we have one of the largest populations in Europe. In short, this is one crowded nation. It has been fully mapped for centuries, every road and every lane, every contour and every feature of interest is documented. We … [Read more...] about Letter From The UK: Lost In England (In An Audi SQ7)