Picture of IMI logo

IMI — IMI News Story

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

UK Stocks-Factors to watch on March 6 (updated)

Adds new items, updates futures

March 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.5%.

* IMI: IMI IMI.L
forecast
 mid-single-digit organic revenue growth for 2026, citing resilient demand in its automation segment, and announced a 500-million-pound share buyback programme.

* MARWYN ACQUISITION COMPANY III: Marwyn Acquisition Company III Ltd MAC3.L said it has ended
merger talks
 with Palmer Street Capital, citing the financial services firm's organic growth and limited near-term need for outside capital.

* SHELL: Shell SHEL.L inked several oil agreements with the Venezuelan government that span offshore natural gas and onshore oil and gas opportunities, the company said in a statement.

* WIZZ AIR: The U.S. Transportation Department granted tentative approval for budget carrier Wizz Air to operate flights between the UK and the U.S., saying it was in the public interest.

* GLENCORE: Glencore GLEN.L has proposed supporting Kazakh entrepreneur Shakhmurat Mutalip's $1.4 billion bid to buy a 40% stake in miner Eurasian Resources Group, the Financial Times reported, citing people familiar with the discussion.

* SENIOR PLC: Advent International has disclosed its rejected takeover proposal for Senior SNR.L, valuing the company at approximately 1.14 billion pounds.

* HOUSE PRICES: British house prices
rose
 in February at the fastest annual pace since October, data from mortgage lender Halifax showed.

* COMMODITIES: Oil prices fell, aluminium is set to end the week higher, and gold prices rose.

* 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

 (Compiled by Neeshita Beura in Bengaluru)

 ((Neeshita.Beura@thomsonreuters.com))

Recent news on IMI

See all news