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UPDATE 1-UK Stocks-Factors to watch on June 7

Published 07/06/2017, 04:44 pm
Updated 07/06/2017, 04:50 pm
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on June 7
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(Adds futures, company news items)

June 7 (Reuters) - Britain's FTSE 100 futures FFIc1 0.01 percent lower ahead of the cash market open.

* ANGLO AMERICAN: Anglo American AAL.L said on Wednesday that Stuart Chambers would become its next chairman. EASYJET: British budget airline easyJet EZJ.L said on Tuesday it would close its Hamburg base next summer, as part of a strategy to focus on its core European airports. RPC: British packaging company RPC Group Plc RPC.L reported a 67 percent rise in its full-year revenue, helped partly by acquisitions, and said it had started the financial year in line with management's expectations. CHESNARA: UK insurer Chesnara CSN.L said on Tuesday it could move its headquarters to the Netherlands or Sweden if required, depending on the regulatory situation after Britain leaves the European Union. ICAG: British Airways cancelled nearly 60 percent of its flights on May 27 when an IT outage knocked out the airline's systems and stranded 75,000 people over a holiday weekend. RIO: Rio Tinto (LON:RIO) Ltd RIO.AX on Wednesday detailed pricing for a $781 million cash tender as part of its already announced $2.5 billion bond buyback to reduce its debt. SHELL/NORWAY: About 150 oil platform workers would go on strike, potentially disrupting output from several Norwegian fields, if they fail to get a pay deal by midnight on Friday, their union said on Tuesday. The UK blue chip index closed flat in percentage terms at 7,524.95 points on Tuesday , while the more domestically-exposed mid cap index .FTMC dropped more than 1 percent, as investors sought safety in precious metals miners and defensives ahead of Thursday's general election, while British mid caps dropped close to a three-week low. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

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