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50GP - Croda International News Story

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Position in Universe th / 1807

UPDATE 1-UK Stocks-Factors to watch on Feb. 26

Tue 26th February, 2019 7:48am
(Adds company news items and futures)
    Feb 26 (Reuters) - Britain's FTSE 100  .FTSE  index is seen opening 45
points lower at 7,139, on Tuesday, according to financial bookmakers, while FTSE
100 futures  .FFIc1  were down 0.64 percent ahead of the cash market open. 
   * ASTRAZENECA: British drugmaker AstraZeneca Plc  AZN.L  said on Tuesday its
cancer drug being jointly developed with U.S.-based Merck & Co  MRK.N  met the
primary goal in a late-stage study for pancreatic cancer.*:nL3N20L2S0
   * DRAX: British power producer Drax Group Plc  DRX.L  reported a 9 percent
rise in full-year core earnings on Tuesday, driven by higher levels of renewable
power generation from its biomass units.
   * PERSIMMON: Britain's Persimmon Plc  PSN.L , which is under scrutiny from
the government for its practices under the "Help to Buy" scheme, on Tuesday
named interim Chief Executive Officer Dave Jenkinson to the role on a permanent
   * PROVIDENT FINANCIAL: Britain's competition watchdog said on Tuesday it had
reasonable grounds for suspecting that a takeover by Non-Standard Finance Plc
 NSF.L  of Provident Financial Plc  PFG.L  would result in the subprime lenders
"ceasing to be distinct".
   * RSA INSURANCE: British insurer RSA Insurance  RSA.L  on Tuesday said it had
hired Charlotte Jones as chief financial officer from asset management company
Jupiter Fund Management  JUP.L*:nL5N20L1N5
   * BABCOCK: Britain's Babcock  BAB.L  said it would take a one-off tax cost of
around 10 million pounds ($13 million) and expects an ongoing cost of 10 million
pounds per year to restructure its aerial fire-fighting business ahead of
    * LAURA ASHLEY: Investment firm Flacks Group said on Monday it was in the
preliminary stages of evaluating a possible deal to buy Laura Ashley Holdings
Plc  ALY.L , valuing the British fashion retailer at 20 million pounds ($26.16
    * ROLLS ROYCE: Britain's government on Monday said it had awarded Rolls
Royce  RR.L  a 235 million-pound ($307 million) contract to maintain nuclear
    * Gold: Palladium hit a record high on Tuesday, surging above $1,550 as a
threatened strike by South African mineworkers added to supply risk concerns in
an already tight market, while gold prices edged up on a subdued
    * OIL: Oil prices slipped on Tuesday, extending losses of more than 3
percent during the previous session, after U.S. President Donald Trump called on
OPEC to ease its efforts to boost the market.*:nL3N20L1KI
    * The UK blue chip index closed 0.07 percent up at 7183.74 on Monday, as
banks got a boost from comments about a possible Brexit delay, while
housebuilders were hit by reports the government was worried about Persimmon's
handling of a state house-funding scheme.*:nL5N20K24G
    * For more on the factors affecting European stocks, please click on:
    > Financial Times                       PRESS/FT 
    > Other business headlines              PRESS/GB 
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 (Reporting by Adil Bhat in Bengaluru)
 ((; within U.K. +44 020 7542 1810, outside
U.K. +91 80 6749 1719; Reuters Messaging:
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