UPDATE 2-UK Stocks-Factors to watch on May 5

jueves 5 de mayo de 2016 02:55 GYT
 

(Adds futures, company news items)

May 5 (Reuters) - Britain's FTSE 100 index is seen opening up by 25 points, or 0.4 percent, on Thursday, according to financial bookmakers, with futures up 0.69 percent ahead of the cash market open. For more on the factors affecting European stocks, please click on

* The UK blue chip index closed down 73.57 points, or 1.2 percent, at 6,112.02 points on Wednesday, as basic resources stocks extended the previous day's losses and retailers came under pressure.

* ROLLS-ROYCE: British engineering company Rolls-Royce stuck to its outlook for 2016, a year which it has already said would be challenging, with profit expected to halve due to changes in the aero-engine market and weak demand from energy customers.

* MORRISONS: Morrisons, Britain's fourth largest supermarket, reported a further improvement in quarterly underlying sales on Thursday, suggesting its chief executive, now over a year into the job, might have stabilised the business.

* BT: Britain's biggest broadband provider BT said it would spend 6 billion pounds on rolling out superfast fibre and 4G mobile connections in the next three years as it reported a better-than-expected 6 percent rise in full-year earnings.

* TRINITY MIRROR: British publisher Trinity Mirror said on Thursday it would shut the New Day newspaper it launched just nine weeks ago after an attempt to introduce a new title to the fiercely competitive market failed.

* BEAZLEY: Lloyd's of London insurer Beazley Plc reported a rise in first-quarter gross written premiums, helped by strong growth in its specialty lines.   Continuación...