Reuters logo
UK Stocks-Factors to watch on Feb. 17
February 17, 2015 / 7:28 AM / 3 years ago

UK Stocks-Factors to watch on Feb. 17

LONDON, Feb 17 (Reuters) - Britain’s FTSE 100 index is seen opening down by 20 to 26 points, or as much as 0.4 percent lower on Tuesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on.

* The UK blue chip index closed down 0.2 percent at 6,857.05 points on Monday.

* GREECE: Talks between Greece and euro zone finance ministers over the country’s debt crisis broke down on Monday when Athens rejected a proposal to request a six-month extension of its international bailout package as “unacceptable”.

* BRIT PLC : Fairfax Financial Holdings Ltd, a Canadian property and casualty insurer, said it would buy Brit Plc, a specialty insurer and reinsurer, for about $1.88 billion to gain a significant presence in the Lloyd’s of London market.

* JOHN WOOD GROUP : Energy services firm John Wood Group Plc reported a 2.9 percent rise in full-year pretax profit, helped by strength in its brownfield services unit.

* INTERCONTINENTAL HOTELS : InterContinental Hotels Group, one of the world’s largest hoteliers, posted a 10 percent rise in 2014 profit, led by strong growth in its core North American market.

* ALLIANCE PHARMA : Alliance Pharma said finance director Richard Wright would leave.

* ROYAL DUTCH SHELL : Royal Dutch Shell Plc’s 327,000 barrel per day (bpd) joint-venture refinery in Deer Park, Texas, has rescheduled a planned overhaul on a hydrocracking unit from March to September because of a strike by workers at the refinery, said four sources familiar with Deer Park’s plans.

* COPPER: London copper slipped on Tuesday under some pressure from a slightly stronger dollar, with traders winding down positions on the last full trading day before the Lunar New Year.

* MONITISE : Mobile banking and payments group Monitise forecast a 2015 EBITDA loss.

* DRAGON OIL : Energy group Dragon Oil Plc’s full-year operating profit fell 16 percent as it spent more to sell its crude oil and took a $24 million impairment charge from well exploration in its Philippines asset.

* SINCLAIR IS PHARMA : Sinclair IS Pharma posted a wider first-half pre-tax loss.


> Financial Times

> Other business headlines Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit * BridgeStation: view story .134 For more information on Top News visit (Reporting by Sudip Kar-Gupta)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below