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FUTR - Future News Story

3176p -86.0  -2.6%

Last Trade - 4:49pm

Consumer Cyclicals
Large Cap
Market Cap £3.93bn
Enterprise Value £4.20bn
Revenue £467.9m
Position in Universe 222nd / 1787

UPDATE 1-UK Stocks-Factors to watch on Oct. 4

Mon 4th October, 2021 7:54am
(Updates futures, adds news items)
    Oct 4 (Reuters) - Britain's futures  .FFIc1  marginally up
0.04% on Monday.
    * FUTURE PLC: British media company Future Plc  FUTR.L  said
it expects full-year profit at the top end of market
expectations.  urn:newsml:reuters.com:*:nL4N2R00Z0 
    * FRENCH CONNECTION: Struggling fashion retailer French
Connection  FCCN.L  has agreed to sell itself for 29 mln pounds
to a group of buyers that includes its second-largest
shareholder, it said on Monday.  urn:newsml:reuters.com:*:nL4N2R00X5
    * COMPASS GROUP: Britain's Compass Group  CPG.L  said
company veteran Palmer Brown will take over as finance chief,
replacing Karen Witts who will step down at the end of this
month.  urn:newsml:reuters.com:*:nL4N2R00YN
    * PLUS500: Online trading platform Plus500  PLUSP.L  expects
revenue and core earnings for the current year to top market
estimates, the British company said on Monday, raising its
forecast for the second time in less than three months.
    * MORRISONS: Clayton, Dubilier & Rice (CD&R) has won the
auction for Morrisons  MRW.L  with a 7 billion pound ($9.5
billion) bid, paving the way for the U.S. private equity firm to
take control of Britain's fourth-biggest supermarket group.
    * PETROFAC: British oil services group Petrofac  PFC.L  said
it is looking at refinancing options including debt and fresh
equity as it faces a possible $240 million fine from a London
court.  urn:newsml:reuters.com:*:nL1N2QY082
    * GOLD: Gold prices edged down, with a firmer dollar dimming
bullion's appeal, as investors eye a key U.S. jobs report later
this week that could influence the Federal Reserve's timeline
for tapering its asset purchases.  urn:newsml:reuters.com:*:nL1N2R003H
    * OIL: Oil fell ahead of a meeting by OPEC and its allies
which may determine whether a recent rally in prices amid supply
shocks and a recovery from the COVID-19 pandemic will be
sustained.  urn:newsml:reuters.com:*:nL1N2R005V
    * British mid-cap stocks closed at two-month lows on Friday.
    * For more on the factors affecting European stocks, please
click on:  LIVE/     
    > Financial Times                       PRESS/FT 
    > Other business headlines              PRESS/GB 

 (Reporting By Amna Karimi)
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