Land Securities logo

LAND - Land Securities News Story

995.8p 24.8  2.6%

Last Trade - 14/02/20

Large Cap
Market Cap £7.38bn
Enterprise Value £11.19bn
Revenue £748.0m
Position in Universe 126th / 1833

UPDATE 1-UK Stocks-Factors to watch on Nov 14

Tue 14th November, 2017 7:51am
(Adds company news items, futures) 
    Nov 14 (Reuters) - Britain's FTSE 100  .FTSE  index is seen opening 7 points 
lower at 7,407.7 on Tuesday, according to financial bookmakers, with futures 
 FFIc1  up 0.10 percent ahead of the cash market open.  
    * VODAFONE: Vodafone  VOD.L , the world's second-largest mobile operator, 
raised its forecast for full-year earnings growth to around 10 percent, from 4-8 
percent, on Tuesday after reporting a strong first-half helped by demand for 
data and broadband in Europe.*:nL8N1NK1ND  
    * ELECTROCOMPONENTS: Electrocomponents Plc  ECM.L  reported a 16.6 percent 
rise in first-half revenue, buoyed by strong growth across all its markets.*:nL3N1NK2Z8  
    * TESCO: Tesco  TSCO.L  won provisional approval for its proposed 3.7 
billion pound ($4.9 billion) takeover of wholesaler Booker  BOK.L  from the UK 
competition regulator on Tuesday, moving Britain's biggest retailer closer to 
securing a new avenue of growth.*:nL8N1NK1MR  
    * DCC: Support services company DCC Plc  DCC.L  reported a 14.4 percent rise 
in profit for the first half of the year, helped by growth across its divisions 
and the impact of its acquisitions over the past year.*:nL3N1NK2X0  
    * AVIVA: British insurer Aviva  AV.L  said it had agreed to buy Irish 
insurer Friends First Life Assurance Company for 130 million euros ($151 
million) in cash, making it one of the biggest insurers in Ireland.*:nL8N1NK1NK 
    * BOVIS: British housebuilder Bovis  BVS.L , the subject of two failed 
takeover bids earlier this year after it warned on profits, said it was on 
course to meet profit expectations in 2017 as its new chief executive tries to 
turn the business around.*:nFWN1NK08S    
    * RIO TINTO: Mick Davis, the former head of global miner Xstrata, has 
emerged as a frontrunner to become the next chairman of Anglo Australian miner 
Rio Tinto  RIO.AX ,  RIO.L , the Financial Times newspaper reported.*:nL3N1NK1KH  
    * RIO TINTO: The Indonesian unit of Freeport-McMoRan Inc  FCX.N  closed the 
main access road to its giant Grasberg copper mine in the eastern province of 
Papua on Tuesday for the second time in three days after another shooting 
incident. Rio Tinto has a joint venture with Freeport-McMoRan for a 40 percent 
share of production above specific levels until 2021, and 40 percent of all 
production after 2021.*:nL3N1NK22F   
    * BHP BILLITON: A court in Brazil decided on Monday to resume criminal 
proceedings, including consideration of murder charges, related to the 2015 
Samarco mine disaster, throwing out a challenge from two defendants claiming 
that evidence was illegally collected. Vale SA  VALE5.SA  and BHP Billiton Ltd 
 BHP.AX ,  BLT.L  joint owners of the Samarco iron mine, are part of a group 
that includes 22 people and two other companies that stand accused of crimes 
related to a tailing dam that burst.*:nL1N1NJ1J7  
    * SHELL: Royal Dutch Shell Plc  RDSa.L  said it was in the process of 
developing a plan for repairing the damaged parts at its Enchilada platform and 
re-deploying personnel following its shutdown after a fire last week.*:nL3N1NJ5RF  
    * EN+/ANGLO AMERICAN: Anglo American  AAL.L  blocked Jim Rutherford, a 
member of its audit and remuneration committees, from joining the board of 
Russia's En+ Group  ENPLq.L , which manages tycoon Oleg Deripaska's aluminium 
and hydropower businesses and recently listed in London, the Financial Times 
newspaper reported citing people familiar with the matter. 
    * CENTRAL ASIA METALS: Central Asia Metals  CAML.L , which has just bought a 
lead and zinc mine in Macedonia, would consider further purchases but not for 
six months, its chairman said on Monday.*:nL8N1NJ5MJ  
    * GRENFELL FIRE: Hundreds of people displaced by a fire that killed about 80 
people in London in June are still living in hotels or friends' houses because 
of a failure by local authorities to rehouse them, the lawmaker representing the 
area said on Monday.*:nL8N1NJ6OZ 
    * BREXIT: British Brexit minister David Davis said on Monday the government 
would allow parliament the opportunity to debate, scrutinise and vote on any 
final Brexit agreement, offering a concession to Conservative Party rebels.*:nL8N1NJ6R5  
    * BREXIT: Prime Minister Theresa May's blueprint for Britain's exit from the 
European Union faces a crucial test starting on Tuesday, when lawmakers try to 
win concessions from a weakened leader on the government's legislation to sever 
    * GOLD: Gold prices were little changed early on Tuesday, with the dollar 
supported by higher U.S. Treasury yields and Asian stocks down amid uncertainty 
over tax reforms in the United States.*:nL3N1NK14P  
    * OIL: Oil prices fell on Tuesday as the prospect of further rises in U.S. 
output undermined ongoing OPEC-led production cuts aimed at tightening the 
    * The UK blue chip index closed 0.2 percent lower at nearly six-week lows on 
Monday, dragged down by financial sector shares and ceding earlier gains fuelled 
by the weak pound.*:nL8N1NJ6J1 
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets 
    > Financial Times                       PRESS/FT  
    > Other business headlines              PRESS/GB  
 Multimedia versions of Reuters Top News are now available for: 
 * 3000 Xtra    : visit 
 * For Top News : 
 (Reporting by Noor Zainab Hussain in Bengaluru) 
 ((; Within UK +44 20 7542 1810; Outside 
UK +91 80 6749 2764; Reuters Messaging: 
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.