UK Stocks-Factors to watch on Nov. 26

jueves 26 de noviembre de 2015 03:49 GYT
 

(Adds futures prices, company news)

LONDON Nov 26 (Reuters) - Britain's FTSE 100 index is seen opening 10 to 12 points higher, or up as much as 0.2 percent, on Thursday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

* The UK blue chip index finished 1 percent higher at 6,337.64 points in the previous session.

* Futures for the index were up 0.2 percent by 0748 GMT.

* SEVERN TRENT - The company reported its first half revenue at 896.1 million pounds ($1.35 billion)and announced an interim dividend of 32.26 pence per share.

* GLAXOSMITHKLINE - GlaxoSmithKline has cut 40 percent of its sales reps in China and axed some units as it eyes a return to growth in 2016, after sales plunged during a bribery scandal that landed it with a record $490 million fine in 2014.

* RIO TINTO - The miner is lining up project financing for a $4 billion expansion of its long-delayed Oyu Tolgoi copper mine in Mongolia and will make a final investment decision early next year, a senior executive said on Thursday.

* TESCO - The company has agreed to pay $12 million to settle a U.S. shareholder lawsuit claiming that accounting irregularities inflated the share price of Britain's largest retailer.

* DAILY MAIL AND GENERAL TRUST - The company sold Wowcher, DMG Media's online discount business, to a newly formed company. It is also acquiring UK and Ireland operations of LivingSocial.   Continuación...