UK Stocks-Factors to watch on May 12
LONDON May 12 (Reuters) - Britain's FTSE 100 index is seen opening 14 to 17 points higher, or up as much as 0.3 percent, on Monday, according to financial bookmakers. For more on the factors affecting European stocks, please click on
* Futures for the index were up 0.3 percent by 0629 GMT.
* The UK blue chip index closed 24.68 points lower, or down 0.4 percent, at 6,814.57 points on Friday. It had risen to a high of 6,840.37 on Thursday, its highest since late February.
* The Confederation of British Industry, Britain's top business lobby, upgraded its economic growth forecasts for this year and next on Monday and said it expects to see marked improvements in British business investment and productivity.
* CAPITA - British outsourcing group Capita said it was on track to achieve its organic growth target for the year after securing 1.1 billion pounds ($1.85 billion) worth of contract wins in the first quarter.
* ASTRAZENECA - British Prime Minister David Cameron said on Sunday he had made very good progress in securing guarantees from Pfizer over the U.S. drugmaker's $106 billion bid to buy AstraZeneca.
* BP - The oil major plans to invest $1.5 billion this year to increase its production of natural gas in Egypt, hit by an energy crisis following three years of political turmoil, the state news agency MENA said on Sunday.
* BRITISH SKY BROADCASTING GROUP - The company said on Monday it was in early talks with Rupert Murdoch's 21st Century Fox over the possible acquisition of its pay-TV assets in Germany and Italy, Sky Deutschland and Sky Italia, confirming weekend reports.
* BABCOCK INTERNATIONAL GROUP - The engineering support services company said its rail business has been successful in winning work across three of the seven geographic lots to deliver conventional plain line track works for Network Rail. Continuación...