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UPDATE 1-UK Stocks-Factors to watch on May 16

Published 16/05/2017, 04:50 pm
© Reuters. UPDATE 1-UK Stocks-Factors to watch on May 16

(Adds company news, futures)

May 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening broadly unchanged on Tuesday, according to financial bookmakers, with futures FFIc1 down 0.01 percent ahead of the cash market open.

* EASYJET: British budget airline easyJet EZJ.L posted a bigger-than-expected loss in the first half of the year, though said it still expected to meet full-year targets due to strong cost control. PREMIER: Premier Foods PFD.L reported lower sales and earnings on Tuesday, citing tough trading conditions, and announced a change in strategy to focus more on cost efficiencies and cash generation. VODAFONE: Vodafone VOD.L , the world's second-biggest mobile operator, reported a 6.1 billion euro ($6.71 billion) loss for the year to end-March, dragged lower by its Indian unit it is merging with Idea Cellular. EUSKALTEL/ZEGONA: Spain's Euskaltel EKTL.MC said on Tuesday it had bought Telecable from Britain's Zegona ZEG.L for 701 million euros ($771.73 million) to create northern Spain's leading integrated telecoms operator. HSBC: HSBC Holdings Plc HSBA.L has settled claims by a group of U.S. bondholders that it conspired with rivals to rig the Libor benchmark interest rate, according to a New York court filing on Monday by the bondholders' attorneys. BHP: BHP BHP.AX BLT.L on Tuesday said it was disappointed with the latest salvo from Elliott Management which said the company was not open to suggestions and had been misleading in its response to the activist investor's calls for a change in strategy. activist investor Elliott Management upped the pressure for strategic changes at BHP, calling for an independent review of the mining giant's petroleum business. Elliott Management on Tuesday revised its proposal for an overhaul of BHP Billiton's BHP.AX , BLT.L corporate structure, calling for the mining giant to remain incorporated in Australia. CYBER ATTACK: Most patients saw no change to hospital services on Monday and all local doctors' surgeries opened after a cyber attack hit dozens of computers in Britain's health service, interior minister Amber Rudd said. STERLING: Sterling rose towards $1.30 again on Monday, with figures showing that speculators have cut bearish bets on the currency by the most in more than a year and the third most on record. The UK blue chip index was up 0.3 percent at 7,454.37 points at its close on Monday, having hit a fresh high at the open, fuelled by oil and mining stocks, and cybersecurity firm Sophos SOPH.L jumped after a ransomware attack hit companies, hospitals and schools worldwide. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

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* UK CORPORATE DIARY:

CYBG Plc

CYBGC.L

Half Year 2017 CYBG Plc

Earnings Release Vodafone Group Plc

VOD.L

Full Year 2016/2017 Vodafone

Group Plc Earnings Release EI Group Plc

EIGE.L

Half Year 2017 Enterprise Inns

Plc Earnings Release ITE Group Plc

ITE.L

Half Year 2017 ITE Group Plc

Earnings Release easyJet Plc

EZJ.L

Half Year 2017 easyJet Plc

Earnings Release BTG Plc

BTG.L

Full Year 2017 BTG Plc Earnings

Release Zytronic Plc

ZYT.L

Half Year 2017 Zytronic Plc

Earnings Release Premier Foods Plc

PFD.L

Full Year 2017 Premier Foods

Plc Earnings Release Newriver Reit Plc

NRRT.L

Full Year 2017 Newriver Reit

Plc Earnings Release

TODAY'S UK PAPERS

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> Other business headlines

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