UK Stocks-Factors to watch on Nov 14 (updated)

Premier Foods

14/11/2024 07:57

(Adds new items, updates futures)
       Nov 14 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening flat on Thursday, with futures  FFIc1  up 0.01%.
    
    * BURBERRY: Burberry's new CEO Joshua Schulman announced a
turnaround strategy for the struggling British luxury brand on
Thursday, as sales continued to slide and the company reported a
loss for the first half of its financial year.
    * B&M: British discount retailer B&M  BMEB.L  said it was
"well positioned" for the key Christmas quarter as it reported a
2% rise in first-half core earnings, with trading on an
improving trajectory.
    * AVIVA: British insurer Aviva  AV.L  posted a 15% rise in
general insurance gross written premiums for the first nine
months of the year to 9.1 billion pounds ($11.54 billion) on
Thursday and said it was confident of meeting its group targets.
    * UNITED UTILITIES: United Utilities  UU.L , which supplies
water to northwest England, said it expects full-year revenue to
increase by about 10% after it reported a more than two-fold
rise in first-half profit, supported by pricier consumer bills.
    * PREMIER FOODS: Britain's Premier Foods  PFD.L  reported a
4.6% rise in half-year revenue, driven by continued growth in
its grocery business and brands such as Mr Kipling, Nissin and
The Spice Tailor.
    * RYANAIR: Italy's antitrust authority (AGCM) said that
low-cost airline Ryanair  RYA.I  has committed to refund more
than 1.5 million euros ($1.5 million) to customers who incurred
in extra costs for check in.
    * OIL: Oil prices slipped in early trade, reversing most of
the previous session's gains.
    * METALS: Copper prices extended declines to hit two-month
lows.
    * EX-DIVS: Shell  SHEL.L , Bunzl  BNZL.L  and Sainsbury's
 SBRY.L  will trade without entitlement to their latest dividend
pay-out on Thursday. 


 
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 (Reporting by Prerna Bedi and DhanushVignesh Babu in Bengaluru)
 ((mailto:Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))