UK Stocks-Factors to watch on May 11 (updated)

Genel Energy

11/05/2023 08:00

(Adds news items, updates futures)
       May 11 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening higher on Thursday, with futures  FFIc1  up 0.1%.
    
    * ROLLS ROYCE: British engine maker Rolls-Royce  RR.L  said
it performed as expected in the first part of the year, with
flying hours recovering and steps taken by its new CEO to find
savings putting it on track to meet 2023 targets.
    * VODAFONE: Vodafone Group  VOD.L  said the chief executive
officer of its largest shareholder Emirates Telecommunications
Group Co PJSC  EAND.AD , also known as e&, will join the British
telecommunications company's board.
        * JD SPORTS: British sportswear retailer JD Sports
Fashion Plc  JD.L  
    named
     Dominic Platt as its chief financial officer.
  
        * ITV: British broadcaster ITV  ITV.L  said total
advertising revenue (TAR) in the first three months of the year
was 
    down
     10%, as expected.
  
        * WOOD GROUP: John Wood Group  WG.L  said its
first-quarter revenue 
    rose
     on the back of a steady demand across its business units.
  
        * GENEL: Genel Energy  GENL.L  
    scrapped
     its 2023 production forecast on Thursday, saying it was no
longer valid amid the closure of the Iraq-Turkey Pipeline in
March.
  
        * MAN GROUP: Man Group  EMG.L  said its chief executive
Luke Ellis would 
    retire
     in September and be succeeded by the company's current
president Robyn Grew.
  
        * S4 CAPITAL: Martin Sorrell's advertising group S4
Capital SFOR.L said it was on course to 
    meet
     its full-year guidance.
  
    * TESCO: The Guardian newspaper reported that John Allan,
the chairman of Britain's biggest retailer Tesco  TSCO.L , was
facing claims of inappropriate behaviour from four women.
    * PURPLEBRICKS: Britain's biggest online-only estate agency
Purplebricks  PURP.L  granted Strike Limited an exclusive short
period to negotiate a possible sale as the smaller rival said it
did not intend to make an offer.
        
  
    * 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 Muhammed Husain in Bengaluru; Editing by Dhanya
Ann Thoppil)
 ((Muhammed.husain@thomsonreuters.com))