(Adds company news items and futures)
Aug 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 7 points on Wednesday, according to financial bookmakers, with futures FFIc1 down 0.2 percent ahead of the cash market open.
* WPP: WPP WPP.L , the world's largest advertising group, cut its full-year net sales outlook on Wednesday after it missed first-half targets due to a drop in demand from consumer goods clients and weak trading in the United States. VEDANTA RESOURCES: Diversified miner Vedanta Resources VED.L said its quarterly core earnings jumped about 48 percent as zinc production at its Indian unit nearly doubled. ENQUEST: North Sea-focused oil producer EnQuest ENQ.L cut its full-year production forecast on Wednesday as prolonged commissioning of its Kraken production storage unit led to lower-than-expected efficiencies. HANSTEEN: Property group Hansteen Holdings HSTN.L plans to return 580 million pounds ($744 million) to shareholders by the end of this year, as it looks to hand back the proceeds of the sale of its German and Dutch industrial property portfolios. BHP: Global miner BHP Billiton BLT.L on Wednesday unveiled a board shakeup that will see controversial director Grant King step down six months after joining the company amid concerns among investors over oil investments. VODAFONE: Vodafone VOD.L is in talks with BT's network subsidiary Openreach about a joint investment in ultrafast UK broadband, The Telegraph reported on Tuesday. GVC HOLDINGS: British online gambling company GVC Holdings GVC.L recently held talks about a takeover of bookmaker Ladbrokes Coral LCL.L but discussions ended without a deal, two sources familiar with the matter said. OIL: Oil prices fell on Wednesday, weighed down by concerns of oversupply as Libyan output improves and as U.S. gasoline inventories rose despite the peak summer driving season. The UK blue chip FTSE 100 .FTSE index closed 0.9 percent up at 7,381.74 points on Tuesday, underpinned by mining shares and gains in almost all stocks. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
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