UK Stocks-Factors to watch on Oct 22
Adds news items, updates futures
Oct 22 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.4%.
* HSBC: HSBC Holdings HSBA.L named insider Pam Kaur as its first female finance chief, and said it would streamline the bank into four business units.
* THAMES WATER: Britain's Thames Water hasinitiated a process to raise at least 3.3 billion pounds in equity to stay afloat, Bloomberg News reported.
* BORROWING: British public borrowing in the first six months of the tax year came in higher than official forecasts, data showed.
* MULBERRY: British luxury brand Mulberry MUL.L rejected a second takeover proposal from Frasers Group FRAS.L, saying the possible offer is "untenable".
* IHG: InterContinental Hotels Group IHG.L posted third-quarter room revenue growth of 1.5%, as summer demand in Europe offset a subdued U.S. market and dogged weakness in China.
* WICKES: Wickes WIX.L reported a 2.1% growth in group revenue as it saw its customers catching up on outdoor projects that were pushed by the wet weather during spring and early summer in Britain.
* HUNTING: Hunting HTG.L lowered its annual profit outlook partly hurt by prospective lower client activity for the rest of the year.
* SABRE: Sabre Insurance SBRE.L said it expects growth in annual gross written premiums to moderate slightly, driven by inflation in motor claims.
* IDS: Parcel services firm GLS has agreed to buy a 20% stake in Greece's ACS for 74 million euros, parent International Distribution Services IDSI.L said.
* OIL: Oil pricesdip as geopolitical risks stabilise, China demand weighs
* METALS: London copper prices ticked higher on hopesabout further stimulus measures and demand recovery in top consumer China.
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB
Reporting by Prerna Bedi in Bengaluru
Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
