UPDATE 1-UK Stocks-Factors to watch on May 6

martes 6 de mayo de 2014 02:44 GYT
 

(Adds company news, futures)

LONDON May 6 (Reuters) - Britain's FTSE 100 index is seen opening higher, with June futures for the index rising 0.4 percent by 0634 GMT. For more on the factors affecting European stocks, please click on

* The UK market was closed on Monday for a holiday. The blue-chip index ended 13.55 points higher, or 0.2 percent, at 6,822.42 points on Friday, its highest close since March 4.

* BARCLAYS - The bank said its underlying profits fell 5 percent in the first quarter from a year ago after its investment bank struggled due to a slump in fixed income revenues.

* ASTRAZENECA - The company's chairman Leif Johansson has urged the British Prime Minister to be neutral as the drug company prepares to step up its defence against Pfizer's takeover bid, The Financial Times reported.

AstraZeneca said on Tuesday it had won U.S. approval for Epanova, a new pill for heart disease.

* GLENCORE XSTRATA - The miner met market forecasts with a 24 percent increase in copper production in the first quarter of 2014 helped by production expansion at its African and Australian operations.

* ABERDEEN ASSET MANAGEMENT - British investment manager Aberdeen Asset Management posted a three percent fall in pretax profit in the six months to March 31, as clients pulled money out of its core emerging market and Asian equity funds.

* REXAM - The company says it has completed the sale of pharmaceutical devices and prescription retail packaging divisions of its healthcare business.   Continuación...