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UK Stocks-Factors to watch on March 20

Tue, 20th Mar 2018 05:29

March 20 (Reuters) - Britain's FTSE 100 index is seen opening 27points higher on Tuesday, according to financial bookmakers. * BRITAIN-EU: Britain and the European Union agreed on Monday to atransition period to avoid a "cliff edge" Brexit next year -- though only afterLondon accepted a potential solution for Northern Ireland's land border that mayface stiff opposition at home. * CAMBRIDGE ANALYTICA: Britain's data protection authority plans to seek awarrant to search the offices on Tuesday of London-based political consultingfirm Cambridge Analytica, UK Information Commissioner Elizabeth Denham toldChannel 4 News on Monday. * FENNER: French tyre maker Michelin plans to buy Britishengineering company Fenner for 1.2 billion pounds ($1.7 billion) sothat it can serve mining companies better and benefit from an industry recovery. * MICRO FOCUS: FTSE 100 software group Micro Focus saw its470-million-euro term loan B drop over 150 basis points in secondary trading onMonday, after its shares plunged by more than 40 percent following weaker thanexpected results. * OIL: Oil prices edged up on Tuesday, lifted by tensions in the MiddleEast, although rising output in the United States and shaky stock markets put alid on further gains. * GOLD: Gold was firm on Tuesday, having recovered from over a two-week lowhit in the previous session, as traders waited to gauge the path of U.S.monetary policy for the rest of the year from the two-day Federal Reservemeeting that kicks off later in the day. * The UK blue chip index closed 1.7 percent lower at 7,042.93 on Monday,after Britain and the European Union agreed on a post-Brexit transition whichboosted the sterling but weighed on the internationally exposed index. * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets * UK CORPORATE DIARY: Luxfer Holdings Plc Q4 2017 Earnings Release Bellway Plc Half Year 2018 Earnings Release IQE Plc Full Year 2017 Earnings Release Faroe Petroleum Plc Full Year 2017 Earnings Release Judges Scientific Plc Full Year 2017 Earnings Release Hansteen Holdings Plc Full Year 2017 Earnings Release Cloudcall Group Plc Full Year 2017 Earnings Release Genedrive Plc Half Year 2018 Earnings Release Ocado Group Plc Q1 2018 Trading Statement Release John Wood Group Plc Full Year 2017 Earnings Release EnQuest Plc Full Year 2017 Earnings Release TODAY'S UK PAPERS > Financial Times > Other business headlines Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit http://topnews.session.rservices.com * For Top News : http://topnews.reuters.com (Reporting by Radhika Rukmangadhan in Bengaluru)
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8 Jan 2019 17:17

UPDATE: DNO Raises Faroe Petroleum Offer To 160 Pence Per Share

LONDON (Alliance News) - Norwegian oil & gas firm DNO ASA on Tuesday increased its final cash offer for Faroe Petroleum PLC to 160 pence per share from 152p and criticised Faroe's amid the

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8 Jan 2019 09:49

DNO Says Faroe Petroleum Failed To Reveal Oda Field Reserves Downgrade

LONDON (Alliance News) - DNO ASA said Tuesday that a reserves downgrade at Faroe Petroleum PLC's Oda field by Norwegian Petroleum Directorate raises concerns over Faroe's future expected a

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4 Jan 2019 08:24

Norwegian Firm DNO Ups Stake In Takeover Target Faroe Petroleum

LONDON (Alliance News) - DNO ASA said Friday that it has further increased its stake in hostile takeover target Faroe Petroleum PLC to 30.6%.The Norwegian oil and gas operator acquired a on

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3 Jan 2019 11:18

UPDATE: Faroe Petroleum Pushes Back As DNO Offer Becomes Mandatory (ALLISS)

LONDON (Alliance News) - DNO ASA on Thursday said that it increased its stake in Faroe Petroleum PLC to 30% and, as a result, its GBP567 million takeover offer for UK-listed oil and gas company is

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3 Jan 2019 10:06

DNO extends 152p a share offer for Faroe Petroleum

(Sharecast News) - Norwegian oil producer DNO has extended its 152p a share takeover offer for Faroe Petroleum by two weeks to 18 January.

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3 Jan 2019 09:29

DNO Takeover Offer For Faroe Becomes Mandatory As Stake Exceeds 30% (ALLISS)

LONDON (Alliance News) - DNO ASA on Thursday said that it increased its stake in Faroe Petroleum PLC to 30% and, as a result, its GBP567 million takeover offer for UK-listed oil and gas company is

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3 Jan 2019 07:39

LONDON MARKET PRE-OPEN: Next Festive Sales In Line But Outlook Lowered

LONDON (Alliance News) - Stock prices in London are set to open lower on Thursday after a volatile session on Wednesday, which saw the FTSE 100 rally from substantial early losses to close in the

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2 Jan 2019 08:15

Faroe Petroleum's Asset Valuation At Premium To DNO's Takeover Offer

LONDON (Alliance News) - UK and Norway-focused oil and gas company Faroe Petroleum PLC on Wednesday published an independent valuation of its assets, which is said to highlight the inadequacy of a

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2 Jan 2019 07:41

LONDON MARKET PRE-OPEN: Lower Call; Ophir Energy Gets Takeover Offer

LONDON (Alliance News) - Stock prices in London are seen opening lower on Wednesday as markets reopen after the New Year's Day holiday, with Asian stocks having fallen overnight following a of

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27 Dec 2018 15:09

Faroe Petroleum holds firm as DNO urges shareholders to accept offer

(Sharecast News) - Norwegian oil producer DNO has encouraged the shareholders of Faroe Petroleum to accept its 152p a share offer by 2nd January.

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20 Dec 2018 11:13

Faroe Petroleum rebuffs DNO offer again, urges shareholders to reject it

(Sharecast News) - Faroe Petroleum once again rejected an offer from Norwegian oil producer DNO on Thursday, dismissing it as "opportunistic" and urging its shareholders to do nothing.

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12 Dec 2018 14:29

UPDATE: Faroe Petroleum Still Thinks Hostile DNO Offer "Opportunistic"

LONDON (Alliance News) - Faroe Petroleum PLC on Wednesday said it noted DNO ASA's offer and encouraged its shareholders to take no action.The oil & gas company reaffirmed that offer

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12 Dec 2018 13:38

Norway's DNO confirms 152p a share takeover bid for Faroe Petroleum

(Sharecast News) - DNO has confirmed its 152p per share cash offer for Faroe Petroleum.

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12 Dec 2018 10:53

DNO Urges Faroe Petroleum Shareholders To Take Up "Rare" Opportunity

LONDON (Alliance News) - DNO ASA on Wednesday said its hostile takeover offer for Faroe Petroleum PLC is a "rare opportunity" for shareholders to exit the company.Despite Faroe of

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5 Dec 2018 15:17

Faroe confirms commencement of Cassidy well

(Sharecast News) - Independent oil and gas company Faroe Petroleum announced the commencement of the Cassidy exploration well 8/10-7 S in the Norwegian North Sea on Wednesday, where it has a 15% working interest.

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