UK Stocks-Factors to watch on Dec. 1

lunes 1 de diciembre de 2014 03:48 GYT
 

LONDON Dec 1 (Reuters) - Britain's FTSE 100 index is seen opening 23 to 33 points lower, or as much as 0.5 percent, on Monday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

* The UK blue chip index closed down 0.01 percent at 6,722.62 points in the previous session.

* Growth in Chinese factories stalled in November as output shrank for the first time in six months, reinforcing expectations that authorities will roll out more aggressive support measures after unexpectedly cutting interest rates to shore up growth.

* ABERDEEN ASSET MANAGEMENT - The UK's second-largest independent asset manager said pre-tax profits rose in the financial year ending Sept 30 by 2 percent to 490 million pounds ($766 million), but net outflows totalled 20.4 billion pounds.

* VODAFONE - The company is reviewing potential acquisitions, including of Europe's leading cable operator Liberty Global, to counter the pending consolidation among rivals in Britain, five people close to the matter said.

* HSBC - Two directors of HSBC's British business have expressed concerns about new rules that can result in jail sentences for senior bankers, but only one has resigned, and that was mainly due to extra demands on his time, the bank said.

* LLOYDS BANKING GROUP - The bank's insurance unit Scottish Widows has put its offshore investment and tax planning business up for sale. Several parties have already expressed interest in the Isle of Man-based operation business which Lloyds inherited when it acquired HBOS, The Financial Times reported.

* BALFOUR BEATTY - John Laing Infrastructure Fund on Monday offered to buy Balfour Beatty's portfolio of public-private partnership assets, in sectors like education and health, for 1 billion pounds ($1.6 billion) in cash.

* GLAXOSMITHKLINE - The drugmaker will this week inform U.S. staff of hundreds of job cuts in its biggest market as the drugmaker starts implementing a major cost-saving programme, sources familiar with the matter said on Sunday.   Continuación...