UK Stocks-Factors to watch on Oct. 4 (updated)
04/10/2021 07:54
(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.
urn:newsml:reuters.com:*:nL4N2R00YT
* 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.
urn:newsml:reuters.com:*:nL8N2QY070
* 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.
urn:newsml:reuters.com:*:nL4N2QX1N1
* For more on the factors affecting European stocks, please
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(Reporting By Amna Karimi)
((amna.karimi@thomsonreuters.com))