UK Stocks-Factors to watch on May 29

jueves 29 de mayo de 2014 02:30 GYT
 

LONDON May 29 (Reuters) - Britain's FTSE 100 index is seen opening flat on Thursday, with June futures on the index flat at 0625 GMT. For more on the factors affecting European stocks, please click on

* The UK blue chip index closed up 6.28 points, or 0.1 percent, at 6,851.22 points on Wednesday, leaving it just 0.6 percent shy of its high for the year.

* KINGFISHER : Europe's No. 1 home improvement retailer posted a 20 percent surge in first quarter retail profit and said it would pay a 100 million pound ($167 million) special dividend as part of its new plans for extra shareholder rewards.

* SEVERN TRENT : The British water company reported a 7 percent rise in annual underlying pre-tax profit to 269.1 million pounds ($449.6 million), beating analyst consensus.

* TATE & LYLE : The British food ingredients firm reported lower full-year earnings on Thursday, hurt by a dramatic drop in prices of its sucralose sweetener and weak sales of soft drinks in the United States.

* MAN GROUP : The hedge fund manager said on Thursday that it noted recent press speculation and confirmed it was in talks over a possible acquisition of Numeric Holdings.

* ELECTRA : The UK private equity firm on Thursday reported a 5 percent rise in net asset value per share to 2,914 pence ($48.68) in the half-year to the end of March 2014 and said it had seen a record level of investment for a six-month period.

* ROLLS-ROYCE HOLDINGS : The industrial group won a contract, worth 35 million pounds ($58.47 million), to design and equip a large offshore support vessel for Norwegian ship owner Island Offshore.

* CENTRICA /AGGREKO : Britain's Centrica said on Thursday that Chris Weston, the head of its international downstream division, would leave the company to become the new chief executive of power provider Aggreko.   Continuación...