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UK Stocks-Factors to watch on March 23
March 23, 2017 / 6:28 AM / 9 months ago

UK Stocks-Factors to watch on March 23

    March 23 (Reuters) - Britain's FTSE 100 index is seen opening up 12
points at 7,337 on Thursday, according to financial bookmakers.
    * GLAXOSMITHKLINE: Britain's GlaxoSmithKline and U.S.-based
Regeneron Pharmaceuticals are embarking on a joint project with UK
Biobank, the world's most detailed biomedical database, to hunt for new clues
linking genes and disease.    
    * SHELL: Royal Dutch Shell agreed to lease capacity at a large oil
terminal in Panama that has been used by U.S. refiner Tesoro Corp,
sources involved in the deal told Reuters, gaining much-needed storage for its
crude operations.
    * SHELL: Royal Dutch Shell plc, Chevron Corp and Exxon
Mobil Corp signalled the oil industry's return to the Gulf of Mexico's
deep waters with high bids in a government auction up 76 percent over a year
    * BARCLAYS: UK's Financial Conduct Authority has relaunched probe into
Barclays' emergency cash call during the financial crisis, the
Financial Times reported on Thursday.
    * HSBC: HSBC is on track to fill 1000 vacancies at the new headquarters of
its British retail bank in Birmingham it said on Thursday, with people hired for
nearly 450 of the roles.
    * TESCO: Tesco, Britain's biggest supermarket, has pulled eight
Heineken brands, including Amstel, Sol and Kingfisher beer from its
shelves, as part of a move to refine its alcoholic beverages offer, it said on
    * BHP BILLITON: Leaders of the striking union at BHP Billiton's
Escondida mine in Chile will meet with the rank-and-file before making any
additional decisions about negotiations, a union spokesman said after exiting a
meeting with BHP on Wednesday.
    * BRITAIN AUTOS: British car production hit a 17-year high in February,
extending a recent trend of surging output as a strong rise in exports once
again compensated for a slump in demand at home, an industry body said on
    * BRITAIN WAGES: Most British companies do not expect to offer more generous
pay deals to employees this year compared with 2016, adding to signs that higher
inflation will gnaw at Britons' living standards in the months ahead, a survey
showed on Thursday.    
    * EX-DIVS: No FTSE 100 companies will go ex-dividend on Thursday,
although several mid-caps will go ex-div, after which investors will no longer
qualify for the latest dividend payout.
    * OIL: Oil prices recovered on Thursday from losses chalked up the session
before, but the market remained under pressure as bloated U.S. crude inventories
and rising output dampen OPEC-led efforts to curb global production.

    * The UK blue chip FTSE 100 index closed down 0.7 percent at
7,324.72 points on Wednesday, weighed by banks and miners, as investors repriced
expectations for fiscal easing from the U.S. and a stronger outlook for sterling
compounded weakness in the UK stock market.
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
 Kier Group PLC                   Half Year 2017 
 SOCO International               Full Year 2016
 Futura Medical PLC               Full Year 2016
 PV Crystalox Solar               Full Year 2016
 Science in Sport PLC             Full Year 2016
 Next PLC                         Full Year 2016
 Arbuthnot Banking                Full Year 2016
 IG Group Holdings                Q3 2017
 Secure Trust Bank                Full Year 2016
    > Financial Times                     
    > Other business headlines            
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 (Reporting by Siju Varghese; Editing by Sherry Jacob-Phillips)

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