UK Stocks-Factors to watch on September 22 (updated)
UPDATE 1-UK Stocks-Factors to watch on September 22 Adds news items, updates futures
Sept 22 (Reuters) - Britain's FTSE 100 .FTSE index opened up 0.15% on Tuesday.
*KINGFISHER: Kingfisher KGF.L raised its full-year profit guidance after it reported a 9.9% increase for the first half, winning market share in the UK, Poland and Spain.
*SMITHS GROUP: Smiths Group SMIN.L reported a better-than-expected full-year operating profit and launched a process to sell its US asbestos liability.
*M&C SAATCHI: M&C Saatchi SAA.L said that trading momentum was improving, with second-quarter revenue returning to growth.
*STHREE: SThree STEMS.L raised its full-year pretax profit forecast on Tuesday, helped by cost cuts and continued growth in the US market.
*WHITBREAD: Corvex Management urged Whitbread WTB.L to hold a general meeting to elect the activist investor's partner James Gemmel to the Premier Inn owner's board, claiming that the firm's recent strategic review failed to address underlying challenges.
* BP: BP BP.L said its oil refinery in Whiting, Indiana, returned to normal operations after planned maintenance last week.
* BURBERRY: Burberry BRBY.L creative director Daniel Lee showed bright floral trench coats and checked short suits in his summer 2027 collection for the British luxury brand.
*UK BORROWING: Britain's government borrowed more than expected in August, pushing the deficit for the financial year so far further above official forecasts.
* AUTOMOTIVE INDUSTRY: Britain's exclusion from the European Union's proposed "Made in Europe" provisions puts the British automotive industry at a competitive disadvantage and threatens its contribution to the EU's economy, a trade group said.
* DEFENCE: UK Prime Minister Andy Burnham will announce a new AI defence partnership between Britain and the United States.
* COMMODITIES: Oil prices gained for the first time in five sessions on Tuesday, gold struggled for momentum, and copper 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 Roshni Srivastava in Bengaluru)
Recent news on M&C Saatchi
See all newsUK's M&C Saatchi falls as annual revenue drops on Middle East weakness
UK Stocks-Factors to watch on September 22 (updated)
M&C Saatchi drops Australia, New Zealand sale after talks fail (updated)
M&C Saatchi sees momentum return, forecasts annual results in line with expectations
M&C Saatchi H1 LFL net revenue falls 1.4% amid client caution