UK Stocks-Factors to watch on April 18 (updated)
18/04/2023 07:45
(Adds news items, updates futures)
April 18 - Britain's FTSE 100 .FTSE index is seen opening higher on
Tuesday with futures FFIc1 up 0.15%.
* EASYJET: British airline easyJet EZJ.L expects full-year profit to beat
market forecasts, encouraged by summer bookings and strong demand over Easter
despite French strikes.
* CINEWORLD: British cinema chain operator Cineworld CINE.L said it
abandoned planned sale
of its businesses in Eastern Europe and Israel, saying proposals it got did
not meet the value needed by its lenders.
* GSK: GSK Plc GSK.L will
buy
Canada-based late-stage biopharma company Bellus Health Inc BLU.TO in an
all-cash deal for $2 billion, the companies said.
* ENTAIN: Ladbrokes-owner Entain Plc ENT.L reported
higher
quarterly net gaming revenues, helped by acquisitions and a rise in the
number of active customers.
* THG: THG THG.L , online retail platform said it
received an approach
, reported a 2.7% rise in full-year revenue to 2.24 billion pounds ($2.78
billion) and said it expected a similar low- to mid-single digit rise this year.
* SHELL: Shell SHEL.L said it
restarted operations
at Pierce field in the UK Central North Sea.
* ANGLO AMERICAN: Chile's ministry of environment said committee of
government ministers approved environmental permit for $3 billion extension of
Anglo American's AAL.L Los Bronces project in Chile.
* GLENCORE: Glencore GLEN.L executives have met with some 120 Teck
Resources shareholders during a short visit to Toronto to try to win support for
a takeover bid, a source familiar with the situation said.
* FTSE: UK's FTSE 100 eked out small gains for a seventh straight session on
Monday, as a weaker pound lifted shares of internationally focused firms.
* For more on the factors affecting European stocks, please click on:
LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB
(Reporting by Hani Kollathodi in Bengaluru)
((Hani.Kollathodi@thomsonreuters.com;))