UK Stocks-Factors to watch on July 18 (updated)

Gam Holding AG

18/07/2023 07:46

(Updates futures, adds news items in bullets 1-5)
       July 18 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening higher on Tuesday, with futures  FFIc1  up 0.03%.
    
    * REVOLUTION BEAUTY: Revolution Beauty  REVB.L  said CEO Bob
Holt and Chairman Derek Zissman agreed to step down, as part of
settlement agreement with top shareholder Boohoo  BOOH.L  over
board changes.
        * OCADO: Ocado  OCDO.L , British online supermarket and
technology group, kept its financial guidance for year as it
reported return to 
    underlying profit
     in first half.
  
        * DARKTRACE: Cyber-security company Darktrace  DARK.L 
said 
    review
     by auditing firm EY showed "number of areas" where its
systems, processes or controls could be improved.
  
        * JUST GROUP: British specialist insurer Just Group
 JUSTJ.L  said it expects to achieve 
    full-year financial targets
     aided by strong new business growth in first half of fiscal
year.
  
        * LIONTRUST: A shareholder group controlling roughly
9.6% of GAM Holding's  GAMH.S  shares announced 
    partial cash offer
     to purchase further 17.5% of Swiss asset manager's capital
in counter-bid to its takeover by Liontrust  LIO.L .
  
    * MICROSOFT: Microsoft's  MSFT.O  appeal against Britain's
block on its $69 billion takeover of Activision Blizzard
 ATVI.O  was formally paused by a London tribunal, to give the
parties more time to resolve the dispute.
    * BANKS: Britain's financial regulator and information
watchdog will warn banks that they cannot hide behind data
protection rules if they fail to alert savers of better deals,
the Financial Times reported.
    * FDA: The U.S. Food and Drug Administration (FDA) said it
had approved Sanofi and partner AstraZeneca's antibody therapy
to prevent respiratory syncytial virus (RSV) in infants and
toddlers.
    
    * 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 and Radhika Anilkumar in
Bengaluru)
 ((Radhika.Anilkumar@thomsonreuters.com; c))