NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

UPDATE 1-UK Stocks-Factors to watch on Jan 17

Published 17/01/2018, 06:48 pm
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Jan 17
UK100
-
XAU/USD
-
NWG
-
UBM
-
RIO
-
BRBY
-
PSON
-
INF
-
GKN
-
MRON
-
CLLN
-
BEZG
-
GC
-
UK100
-
CINE
-
DXY
-

(Adds company news items and futures)

Jan 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 21 points at 7,735.3 on Wednesday, according to financial bookmakers, with futures FFIc1 down 0.16 percent ahead of the cash market open.

* INFORMA-UBM: Britain's Informa INF.L on Wednesday offered to buy events organiser UBM UBM.L for cash and stock. PEARSON: Education group Pearson PSON.L said it expected to deliver underlying profit growth in 2018 when stripping out disposals and changes to currency, despite ongoing pressures in its North American business. BURBERRY: British luxury brand Burberry BRBY.L reported a 2 percent drop in revenue for the three months to end-December after sales in Europe slipped against a year ago, when a fall in the pound helped it perform well in its home market. BEAZLEY: Lloyd's of London insurer Beazley BEZG.L said it expected to report 2017 pre-tax profit ahead of current market expectations, despite the sector having faced hurricanes, earthquakes and wildfire bills of over $135 billion. CINEWORLD: British cinema operator Cineworld Group CINE.L , which is buying U.S. peer Regal Entertainment for $3.6 billion, said total 2017 revenue grew 11.6 percent on strong box office takings for titles such as "Star Wars: The Last Jedi" and "Dunkirk". RIO TINTO: Rio Tinto Plc RIO.L on Tuesday said a U.S. regulator's lawsuit accusing the big Anglo-Australian mining company of fraud for overstating the value of Mozambique coal assets it had bought in 2011 should be dismissed. GKN-MELROSE: Any potential buyer of British engineering company GKN GKN.L should be aware of its billion pound-plus pension deficit, its pension trustees said on Tuesday, a day after Melrose MRON.L appealed directly to GKN investors to back its 7 billion pound takeover offer. CARILLION: Carillion CLLN.L collapsed only days after Royal Bank of Scotland RBS) RBS.L , one of the British group's main lenders, tightened the terms of its funding, court documents show. GOLD: Gold prices XAU= edged up on Wednesday, as the U.S. dollar slumped to three-year lows against a basket of currencies .DXY . OIL: Oil prices gave away earlier gains on Wednesday as analysts warned of a downward correction after prices have gained more than 13 percent over the past month. The UK blue chip FTSE 100 .FTSE index closed down 0.28 percent at 7,747.18 points on Tuesday, as oil and mining companies dragged the index, tracking energy and metals prices lower, after gaining earlier in the session on a fall in sterling. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB Multimedia versions of Reuters Top News are now available for:

* 3000 Xtra

: visit http://topnews.session.rservices.com

* For Top News : http://topnews.reuters.com

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.