UK Stocks-Factors to watch on Feb. 25

miércoles 25 de febrero de 2015 03:54 GYT

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LONDON Feb 25 (Reuters) - Britain's blue-chip FTSE 100 index, which climbed to a record high in the previous session, is likely to open 7 points lower, or down 0.1 percent, on Wednesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

* The benchmark index hit life-time high of 6,958.89 points on Tuesday, surpassing its previous high of 6,950.60 set on Dec 30, 1999. The index closed 0.5 percent higher at 6,949.63 points in the previous session.

* RIO TINTO - The global miner will not be taken over by rival Glencore because there is no value in it for shareholders and regulators will never let it happen, Rio Tinto chief executive Sam Walsh said.

* WEIR GROUP - Engineer Weir Group said it expected a significant reduction in revenue on a constant currency basis, as well as lower operating margins, in 2015.

* MAN GROUP - Man Group reported a 62 percent jump in adjusted pretax profit to $481 million for 2014 as it benefited from cost savings and booked higher performance fees.

* ST. JAMES'S PLACE - British wealth manager St James's Place posted forecast-beating full-year cash profits on Wednesday, boosted by a rise in assets, underpinning a surprise increase in the firm's final dividend.

* BARRATT DEVELOPMENTS - Housebuilder Barratt Developments posted a 75 percent rise in profit in the six months to end-December on Wednesday after it completed 6,971 new homes, and said its second half had started well.

* MORRISONS - Britain's No. 4 supermarket has named former Tesco TSCO.L executive David Potts as its new chief executive, succeeding Dalton Philips who was ousted in January.   Continuación...