Picture of Idox logo

IDOX — Idox News Story

0.000.00%
gb flag iconLast trade - 00:00
TechnologyBalancedMid CapHigh Flyer

UK Stocks-Factors to watch on Oct 28 (updated)

Adds new items, updates futures

Oct 28 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futures FFIc1 up 0.14%.

 * BARCLAYS: Barclays BARC.L will buy U.S. personal loan originator Best Egg for $800 million, the British bank said , as it tries to add scale in its personal banking business in the United States.

* ANGLO AMERICAN : Anglo American AAL.L posted a 9% drop in copper production in the first nine months of the year but maintained its 2025 guidance for the transition metal, and raised its outlook for iron ore output.

* BAT: British American Tobacco BATS.L said it has paused a pilot plan to launch an unlicensed disposable vape in the U.S., as the Food and Drug Administration moves to crack down on unregulated products and speed up licences.

* KR1: British cryptocurrency company KR1 KR1.ASE said it plans to uplist its stock to the main market of the London Stock Exchange, to enhance its visibility and broaden investor base.

* IDOX: U.S. investment firm Long Path agreed to take British software provider Idox IDOX.L private in a 339.5 million pound ($438 million) deal, offering shareholders 71.5 pence per share in cash.

* BT: Britain's largest broadband provider BT Group BT.L is mulling the launch of a low-cost mobile brand, the Financial Times reported, citing people familiar with the matter.

* HSBC: HSBC Holdings HSBA.L reported a 14% decline in third-quarter pretax profit, hurt by a $1.1 billion charge after losing part of an appeal in a long-running lawsuit tied to Bernard Madoff's Ponzi scheme, history's biggest-ever such fraud.

* COMMODITIES: Oil prices edged lower, gold prices regained some lost ground and copper prices edged higher.

* 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 Yamini Kalia and Simone Lobo in Bengaluru)

 ((Yamini.Kalia@thomsonreuters.com;))

Recent news on Idox

See all news