UPDATE 2-UK Stocks-Factors to watch on Oct 4

martes 4 de octubre de 2016 02:44 GYT
 

(Updates futures, adds company news items)

Oct 4 (Reuters) - Britain's FTSE 100 index is seen opening down 4 to 8 points, or 0.1 percent on Tuesday, according to financial bookmakers, with futures down 0.09 percent ahead of the cash market open.

* The UK blue chip index closed up 1.22 percent at 6983.52 points on Monday, helped by a drop in the sterling, as a weaker pound typically benefits the FTSE's export-driven, internationally focused companies.

* ASTRAZENECA: AstraZeneca Plc said on Tuesday its heart drug Brilinta failed to show any benefit over an existing medicine in treating peripheral artery disease (PAD) in a large-scale clinical trial.

* RIO/BHP BILLITON: Mining giants Rio Tinto and BHP Billiton on Tuesday rebuffed proposals to replace one of the taxes they must pay on their iron ore businesses in the state of Western Australia with annual upfront payments.

* CARILLION: British support services firm Carillion said it had signed a seven-year contract to provide facilities management services to Britain's biggest customer-owned lender, Nationwide Building Society.

* ASTRZENECA: AstraZeneca Plc won the endorsement of the country's health-cost regulator for use of its Tagrisso medicine in some patients with an aggressive form of lung cancer after agreeing to offer the pill at a reduced price, Bloomberg reported Tuesday. bloom.bg/2dOhETP

* STERLING: Sterling slid towards a three-decade low against the dollar on Monday after British Prime Minister Theresa May set a March deadline for the formal departure process from the European Union to begin, sending UK shares to a 16-month high.   Continuación...