UK Stocks-Factors to watch on Nov. 10

lunes 10 de noviembre de 2014 03:37 GYT
 

LONDON Nov 10 (Reuters) - Britain's FTSE 100 index is seen opening 13 to 21 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 0.1 percent at 0735 GMT.

* The UK blue chip index closed 0.3 percent higher at 6,567.24 points on Friday.

* British regulators investigating allegations of collusion and manipulation in the foreign exchange market could fine a group of six banks as early as next Wednesday, people familiar with the matter said.

* RIO TINTO - The global miner, which gets 92 percent of its revenue from iron ore, is unfazed by the drop in ore prices and sticking to plans to raise output, chief executive Sam Walsh told Reuters in an interview.

* LLOYDS BANKING GROUP - More than 5,000 investors have decided to join a class-action lawsuit against Lloyds, claiming that the ill-fated takeover of HBOS in 2008 made them lose 400 million pounds (635.44 million US dollar), the Financial Times reported.

* LONMIN - South Africa's Lonmin LMI.L met analysts' forecasts with a $326 million annual pre-tax loss on Monday hurt by a five-month mining strike but said a review it recently concluded highlighted opportunities to improve its performance.

* HAMMERSON - The company said its UK shopping centre sales were up 2.6 percent year-to-date.

* SERCO - The company is to raise up to 550 million pounds ($874.5 million) through a rights issue after cutting its profit forecast for this year and next, and writing down the value of its business by 1.5 billion pounds.   Continuación...