UK Stocks-Factors to watch on Aug. 22
LONDON Aug 22 (Reuters) - Britain's FTSE 100 index is seen opening flat on Friday, according to financial bookmakers. For more on the factors affecting European stocks, please click on
* Futures for the index were up 0.16 percent at 0647 GMT.
* The UK blue chip index closed up 22.18 points, or 0.3 percent, at 6,777.66 points in the previous session, approaching three-week highs touched earlier this week.
* Focus will be on a speech by Federal Reserve Chair Janet Yellen later in the day at the annual gathering of central bankers in Jackson Hole, Wyoming. Investors will look for signals about the timing of interest rate increases.
* LONDON STOCK EXCHANGE GROUP - LSE said on Friday it would raise 938 million pounds ($1.6 billion) to part fund the acquisition of Frank Russell Company. It also said its revenue increased 20 percent overall and 12 percent on an organic and constant currency basis.
* VODAFONE - The company's shares rose 0.7 percent on Thursday amid speculation that advisers at AT&T were now working around the clock on a cash bid worth more than 3 pounds a share, the Daily Mail reported.
* PETROFAC - The Chairman of British oil and gas service group Petrofac, Norman Murray, has resigned with immediate effect due to compassionate reasons, the company said on Friday.
* RSA INSURANCE GROUP - RSA said it had reached an agreement to sell its insurance business in Singapore and Hong Kong to Allied World Assurance Co Ltd for 130 million pounds ($215.51 million) in cash.
* Uncertainty over Scotland's currency arrangements could prompt capital flight from the country, leaving its financial system in a "parlous state," Douglas Flint, chairman of HSBC Holdings, wrote in a column on Thursday in the Telegraph newspaper. Continuación...