UK Stocks-Factors to watch on Feb. 5 (updated)

Superdry

05/02/2024 07:48

(Updates futures, adds news items)
       Feb 5 - Britain's FTSE 100  .FTSE  index is seen opening
up on Monday, with futures  FFIc1  up 0.18%. 
    
    * HIPGNOSIS SONGS FUND: Hipgnosis Songs  SONG.L  said on
Monday it is seeking protection from founder Merck Mercuriadis
against a legal claim launched by a former business against the
music royalties fund, its investment adviser and the industry
veteran.
        * VODAFONE: Vodafone  VOD.L  said service revenue 
    growth
     in Germany slowed sharply to 0.3% in the third quarter.
  
        * REVOLUTION BEAUTY: Revolution Beauty  REVB.L  said on
Monday co-founder and former CEO Adam Minto will 
    pay
     2.9 million pounds ($3.66 million) as part of a settlement
deal.
  
        * CMC MARKETS: CMC Markets  CMCX.L  said on Monday it
would 
    cut
     its global headcount by about 200 positions.
  
        * NAKED WINES: Naked Wines  WINEW.L  
    named
     Rodrigo Maza as its chief executive officer on Monday.
  
        * CAR REGISTRATION:  New car registrations in the United
Kingdom 
    rose
     about 8% in January, preliminary industry data showed.
  
        * LABOUR DATA: Britain's unemployment rate was much 
    lower
     late last year than previously thought, the Office for
National Statistics said.
  
    * BP: BP Plc  BP.L  has not yet set a date for restarting
its 435,000 barrel-per-day (bpd) Whiting, Indiana, refinery, the
largest in the U.S. Midwest, following a plantwide shutdown due
to a power outage, people familiar with plant operations said
Friday.
    * SHELL:  Britain's Shell and Trinidad's National Gas
Company (NGC) will pay Venezuela no less than 45% of gross
revenues from the Dragon gas production project off Venezuela's
coast, according to license terms published on Saturday.
    * OIL: Oil prices nudged higher on Monday.
    * METALS: Base metals trended down on Monday.
    
    * 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 Hani Kollathodi and Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))