February 13, 2020 / 7:59 AM / 16 days ago

UPDATE 1-UK Stocks-Factors to watch on Feb. 13

(Adds futures, news items)

Feb 13 (Reuters) - Britain’s FTSE 100 index is seen opening 14 points lower on Thursday, according to financial bookmakers, with futures down 0.3% ahead of the cash market open.

* LOOKER: Britain’s competition watchdog on Thursday gave the go-ahead to Google’s $2.6 billion buyout of privately held big-data analytics firm Looker Data Sciences.

* Relx: European information group Relx said it was not yet clear how the outbreak of coronavirus would hit its events business in China or other regions.

Centrica: British utility Centrica posted a 35% slump in full-year operating profit, hurt by a government introduced price cap on energy bills as well as lower natural gas prices.

* Coca-Cola European Partners: Coca-Cola European Partners reported a 4.5% rise in annual revenue and said it expects that to grow in low-single digit in 2020, while also announcing a 1 billion euros ($1.09 billion) share buyback.

LANCASHIRE: Property and casualty underwriter Lancashire said its earnings for the whole of 2019 quadrupled in comparison with the previous year, boosted by a rise in insurance prices.

* BARCLAYS: Britain’s financial regulators are probing historical links between Barclays Chief Executive Jes Staley and the U.S. financier Jeffrey Epstein, who killed himself while awaiting trial on sex trafficking charges, the bank said.

* VODAFONE: An Australian court approved a A$15 billion ($10.1 billion) merger between a unit of Britain’s Vodafone Group and internet provider TPG Telecom, overruling a regulator and enabling a huge rival to the country’s top telcos.

* HOUSE PRICES: British house prices rose at the fastest pace in nearly three years last month, according to a closely watched survey, that adds to signs of a rebound in consumer sentiment since December’s election lifted some Brexit uncertainty.

* BP: BP has written to Algeria to express its interest in investing in its oil sector and has not made any request to sell its shares in the In Amenas gas plant, state news agency APS quoted Energy Minister Mohamed Arkab as saying on Wednesday.

* EX-DIVS: BP, Hargreaves Landsdown , Polymetal International and Shell will trade without entitlement to their latest dividend pay-out on Thursday, trimming 11.7 points off the FTSE 100 according to Reuters calculations.

* OIL: Oil prices were mixed as concerns about falling demand caused by travel restrictions tied to the coronavirus outbreak in China, the world’s biggest oil importer, outweighed expectations of supply cuts from major producers.

* GOLD: Gold rose as a surge in the number of new coronavirus cases in China dashed hopes that the epidemic was slowing and drove investors to safe-haven assets.

* UK shares advanced on Wednesday, helped by gains in heavyweight oil firms and on relief that the number of new cases of coronavirus infections out of China was falling.

TODAY’S UK PAPERS

> Financial Times

> Other business headlines (Reporting by Shanima A and Rishika Chatterjee in Bengaluru)

Nuestros Estándares:Los principios Thomson Reuters
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