UK Stocks-Factors to watch on Feb 29

lunes 29 de febrero de 2016 02:56 GYT

Feb 29 (Reuters) - Britain's FTSE 100 index is seen opening down
around 56 points, or 0.9 percent, on Monday, according to financial bookmakers.
For more on the factors affecting European stocks, please click on 
    * The UK blue chip index closed 1.38 percent higher on Friday at 6,096.01,
boosted by a rally in publisher Pearson and London Stock Exchange Group
, though Royal Bank of Scotland reported its eighth full-year
loss in a row. 
    * LONDON STOCK EXCHANGE: The proposed merger of Europe's two biggest
financial exchanges is effectively bullet-proofed against a British vote to
leave the European Union, London Stock Exchange Group and Deutsche
Boerse said on Friday. 
    * HIKMA PHARMACEUTICALS: Drug manufacturer Hikma Pharmaceuticals Plc 
will sell the rights and assets of two generic drugs and relinquish its U.S.
marketing rights to a third generic drug in order to settle Federal Trade
Commission charges that Hikma's proposed $2 billion acquisition of Roxane would
likely be anticompetitive, the FTC said on Friday. 
    * BARCLAYS: Barclays Plc said the company's board was evaluating
strategic options in relation to its shareholding in its African business,
Barclays Africa Group Ltd. The bank expects to update the market on
plans for its African business at its 2015 full-year results announcement, due
on Tuesday, Barclays said late on Sunday. 
    * BARCLAYS: Barclays Plc will pay its former chief Antony Jenkins a
performance bonus of 500,000 pounds, Sky News reported. (
    * TESCO: Tesco, Britain's biggest retailer, played down a newspaper
report on Saturday that it was considering cutting 39,000 store staff over the
next three years, saying it had no current plans to lay off more employees. The
Guardian newspaper said the job reduction proposals were revealed in a leaked
document detailing a programme called "Project Pace", an extract of which was
posted on the website, a forum used by Tesco staff.
    * GRID OPERATORS: Britain faces an electricity supply shortage next winter,
National Grid data showed, which could force the grid operator to seek
extra reserves to make sure the lights stay on. Forecast demand for electricity
in Britain is higher than expected supply for a total of 11 weeks over winter
2016/17, the data published on the National Grid's Balancing Market Report
website showed on Thursday. 
    * BHP BILLITON: Brazil's government and Samarco Mineracao SA will
announce on Monday the settlement of a lawsuit for damages caused by a deadly
dam spill at a mine in November, Brazilian Attorney General Luis Inacio Adams
told Reuters on Friday. 
    * VEDANTA: Vedanta Ltd, a unit of London-listed Vedanta Resources
Plc, has won India's first-ever auction of a gold mine, a provincial
government official said, as the nation opens up the sector to private companies
to curb overseas purchases of the metal that cost it $36 billion last year.
    * GSK: GlaxoSmithKline is preparing a formal search process for its
next chief, the Financial Times reported. (
    * FINTECH: Global regulators may propose rules to prevent "fintech"
innovations from destabilising the broader financial system, the G20's Financial
Stability Board said on Saturday. 
    * BREXIT: The campaign to take Britain out of the European Union in a June
23 referendum has taken a 4 percentage-point lead, according to an online survey
taken by the ORB pollster for The Independent newspaper published on Friday.
    * BREXIT: London Mayor Boris Johnson urged British government ministers to
join the campaign to leave the European Union in a newspaper interview on
Saturday, again defying Prime Minister and fellow Conservative David Cameron.
    * BREXIT: British finance minister George Osborne said on Saturday that top
finance officials from the Group of 20 nations were unanimous that a possible
British exit from the European Union would be a shock to the global economy.
    * OIL: Crude futures rose on Monday after gaining over 15 percent last week,
with some indicators pointing to the possibility the market could be bottoming

 Bunzl PLC                              Full Year 
 Johnson Service Group PLC              Full Year 
 Waterman Group PLC                     Half Year 
 Jupiter Fund Management PLC            Full Year 
 DX (Group) PLC                         Half Year
 Keller Group PLC                       Full Year 
 Senior PLC                             Full Year 
 Ultra Electronics Holdings             Full Year 
 Photo-Me International PLC             Q3 
 Hiscox Ltd                             Full Year
    > Financial Times                      
    > Other business headlines             
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 (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Sunil Nair)