UK Stocks-Factors to watch on Feb 18 (updated)
18/02/2019 07:57
(Adds company news items and futures)
Feb 18 - Britain's FTSE 100 .FTSE index is seen 2 points higher at 7,239
on Monday, according to financial bookmakers, while FTSE 100 futures .FFIc1
were down 0.10 percent ahead of the cash market open.
* COCA-COLA: Soft drink bottler Coca-Cola HBC CCH.L said on Monday it would
buy Serbian biscuit and confectionary maker Bambi for an enterprise value of 260
million euros ($294 million) from private equity investor Mid Europa
Partners. urn:newsml:reuters.com:*:nL3N20D2JH
* GALLIFORD TRY: Builder Galliford Try GFRD.L struck a deal worth about 275
million pounds ($354.9 million) to build 470 new homes and a new council
headquarters building as it handed over its Aberdeen Western Peripheral Route
project that has faced numerous delays. urn:newsml:reuters.com:*:nL3N20D2JZ
* INTERCONTINENTAL EXCHANGE: Exchange operator Intercontinental Exchange
ICE.N said on Monday that its European derivatives clearing platform has been
given clearance to continue to serve European Union clients even if Britain
leaves the bloc without a formal deal at the end of March. urn:newsml:reuters.com:*:nASP0005J0
* PETRA DIAMONDS: Miner Petra Diamonds Ltd PDL.L has appointed former
AngloGold Ashanti finance director Richard Duffy as its new chief executive
officer, the company said on Monday as it reported first-half adjusted core
earnings of $75.6 million. urn:newsml:reuters.com:*:nL3N20D2H9
* SPIRAX-SARCO: Valve maker Spirax-Sarco Engineering Plc SPX.L said it had
started exclusive talks to buy French electrical thermal products maker
Thermocoax Developpement for 158 million euros ($178.7 million) to grow in
Europe and the United States. urn:newsml:reuters.com:*:nL3N20D2I8
* PEARSON: British education company Pearson PSON.L said on Monday it had
agreed to sell its U.S. K12 courseware business to Nexus Capital Management LP
for $250 million as it shifts its focus from textbooks to digital. urn:newsml:reuters.com:*:nL5N20D10N
* MCCOLL: British convenience retailer McColl's MCLSM.L warned of an 11
percent fall in sales in April and May if Britain leaves the European union
without a deal, as customers migrate to new products and supply chains are
disrupted. urn:newsml:reuters.com:*:nL3N20D2I1
* RECKITT BENCKISER: British consumer goods group Reckitt Benckiser Group
RB.L reported higher-than-expected fourth-quarter sales growth, helped by
improvements in both its health and home and hygiene businesses. urn:newsml:reuters.com:*:nL5N20D0Y1
* BURBERRY: Burberry Group Plc BRBY.L creative head Riccardo Tisci went
back to his fashion-student days in 1990s London for his second catwalk show for
the luxury label on Sunday, presenting a collection he said looked at Britain as
a country of contrasts. urn:newsml:reuters.com:*:nL5N20C0SB
* LLOYDS: Britain's biggest mortgage lender Lloyds Banking Group LLOY.L
has hired senior Morgan Stanley banker William Chalmers as its new chief
financial officer. urn:newsml:reuters.com:*:nL5N20A2VA
* PLUS500: Online trading platform Plus500 Ltd PLUSP.L confirmed on Friday
a drafting error in its 2017 report resulted in the company failing to disclose
certain losses from customer trading. urn:newsml:reuters.com:*:nL3N20A4HQ
* GOLD: Gold prices rose to their strongest level in more than two weeks on
Monday as the dollar weakened on hopes the United States and China are nearing a
trade deal, while palladium hit a record high. urn:newsml:reuters.com:*:nL3N20D1KV
* OIL: Oil prices fell on Monday after climbing to their highest this year
earlier in the session as China reported automobile sales in January fell for a
seven month, raising concerns about fuel demand in the world's second-largest
oil user. urn:newsml:reuters.com:*:nL3N20D143
* The UK blue chip index closed 0.55 percent up at 7326.68 on Friday on news
of progress in the Sino-U.S. trade talks. urn:newsml:reuters.com:*:nL5N20A2B9
* For more on the factors affecting European stocks, please click on:
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(Reporting by Adil Bhat)
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U.K. +91 80 6749 1719; Reuters Messaging:
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