UK Stocks-UK Factors to watch on June 3 (updated)
03/06/2025 07:58
Updates with company news and futures prices June 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futures FFIc1 up 0.12%. * THAMES WATER: Britain's Thames Water said U.S. private equity firm KKR KKR.N had pulled out from a plan to invest billions of pounds into the embattled utility, putting its fight to avoid financial collapse back into focus. * DALATA HOTEL: A consortium consisting of property owners Pandox AB PANDXb.ST and Eiendomsspar AS have proposed to buy Ireland's largest hotel group Dalata DHG.I for 1.3-billion-euro ($1.48 billion). * BRITISH AMERICAN TOBACCO: British American Tobacco BATS.L said on Tuesday it would return to revenue and profit growth in the U.S. this year, and inched up its annual sales growth target to 1%-2%, with first-half revenue trending slightly ahead of its expectations. * MJ GLEESON: Britain's MJ Gleeson GLEG.L said on Tuesday its low-cost housebuilding unit Gleeson Homes will report annual operating profit about 15%-20% below expectations, citing higher build costs, flat selling prices and a failed land disposaldeal. * KEYSIGHT TECHNOLOGIES: Electronic equipment maker Keysight Technologies KEYS.N on Tuesday said it will divest Spirent Communications' SPT.L high-speed ethernet and other business lines to VIAVI Solutions VIAV.O as part of a consent agreement with the U.S. Department of Justice. * OIL: Oil prices ticked up on Tuesday on concerns about supply, with Iran set to reject a U.S. nuclear deal proposal, while weakness in the dollar also supported prices. * GOLD: Gold prices fell on Tuesday, retreating from near a four-week high, as a modest rise in the dollar weighed on the metal, although uncertainty over the U.S.-China trade agreement kept investors cautious and limited the bullion's decline. * METALS: London copper prices held steady. * 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 Nithyashree R B in Bengaluru) ((NithyashreeRB@thomsonreuters.com;))