UK Stocks-Factors to watch on Nov 12
(Adds futures, news items)
Nov 12 (Reuters) - Britain's FTSE 100 index is seen opening higher
on Tuesday, with futures up 0.3% ahead of the cash market open.
* PREMIER FOODS: Britain's Premier Foods Plc reported higher
first-half adjusted pretax profit, as its relaunched Mr Kipling cakes brand
benefited from a TV advertising push and sales of its Nissin branded range of
products more than doubled.
* Information services firm Experian Plc posted higher first-half
profit, citing strong demand for its business-to-business offerings, and said
organic revenue growth would be at the upper end of its prior targets for the
* VODAFONE: Vodafone, the world's second-largest mobile operator,
increased its full-year earnings guidance, reflecting improving organic growth
trends as difficult markets in Spain and Italy start to ease and it integrates
its German cable acquisition.
* ITV: British broadcaster ITV said total advertising revenue came
in at the top end of its range in the third quarter, helped by demand for new
drama programmes and the Rugby World Cup.
* MEGGITT: British engineering firm Meggitt Plc raised its outlook
for annual organic revenue growth, buoyed by good third-quarter performance in
the U.S. defence market but warned of pressured margins due to the grounding of
* LAND SECURITIES: Property developer Land Securities Group
reported a first-half pretax loss, hit by more retail store closures.
* UNILEVER: Patties made by Unilever Plc are being used by Burger
King as the restaurant chain rolled out a meat-free version of its Whopper
burger in 25 European countries to strengthen its foothold in the exploding
market for plant-based food.
* CIGARETTE MAKERS: U.S. President Donald Trump said on Monday he will be
meeting with vaping industry representatives as his administration considers
tightening e-cigarette regulations amid a nationwide outbreak of vaping-related
injuries and deaths.
* ASTRAZENECA: AstraZeneca said on Monday its experimental treatment
significantly reduced disease activity in a late-stage study of patients with
autoimmune disorder lupus. The results pit anifrolumab against GlaxoSmithKline's
Benlysta - the only new drug approved for lupus in the last 60 years.
* GOLD: Gold prices were flat on Tuesday, as investors looked for clues from
U.S. President Donald Trump on the status of trade talks with China, while the
political unrest in Hong Kong provided some support to the safe-haven metal.
* OIL: Oil prices rose on Tuesday, reversing early losses on hopes that U.S.
President Donald Trump may signal progress on trade talks with China in a speech
later in the day.
* The UK blue chip index slid 0.4% on Monday as a mix of rising tensions in
Hong Kong, dampened U.S.-China trade sentiment and a firmer pound hit the
exporter-heavy FTSE 100.
* For more on the factors affecting European stocks, please click on:
TODAY'S UK PAPERS
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(Reporting by Pushkala Aripaka and Shanima A in Bengaluru)
First Published: 2019-11-12 07:45:47
Updated 2019-11-12 09:33:57
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