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UK Stocks-Factors to watch on May 8

Tue, 08th May 2018 06:25

May 8 (Reuters) - Britain's FTSE 100 index is seen opening 13 points higher at 7,580on Tuesday, according to financial bookmakers. * VIRGIN MONEY: Virgin Money said on Monday it had received an all-stock takeoveroffer from rival CYBG Plc, a proposal that values the British lender at about 1.6billion pounds ($2.17 billion). * TAKEDA-SHIRE: Takeda Pharmaceutical is nearing an agreement to buy rivaldrugmaker Shire Plc, a deal which could be announced on Tuesday, the deadline set byU.K. regulators for Takeda to make a firm offer for Shire, Bloomberg reported, citing sources.https://bloom.bg/2I0D92e * SHELL: Royal Dutch Shell Plc's Shell Gas B.V. unit said on Monday it was sellingits entire stake in Canadian Natural Resources Ltd for $3.3 billion. * BP: Iraq's state-run North Oil Company signed an agreement with BP on Monday totriple output from the Kirkuk fields in the north of the country, Oil Minister Jabar al-Luaibisaid. * SKY: U.S. cable operator Comcast has formally notified the European Commissionof its intention to bid for Britain's pay-TV group Sky, starting the clock on a review,a regulatory source told Reuters on Monday. * GOLD: Gold prices remained subdued on Tuesday as the dollar held steady near its 2018 highon the relative strength of the U.S. economy. * OIL: Oil prices retreated from 3-1/2 year highs on Tuesday as investors waited on anannouncement by President Donald Trump on whether the United States will reimpose sanctions onIran. * The UK blue chip index closed 0.86 percent higher at 7,567.14 points on Friday, helped bystrong results from British Airways owner IAG, while HSBC joined French banks in reportingweaker profit which hit its shares. * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets * UK CORPORATE DIARY: Savills AGM Statement William Hill Trading Statement Anglo American AGM 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 Justin George Varghese)
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20 Apr 2018 14:19

Takeda weighs raising Shire bid to more than 47 stg/share-sources

April 20 (Reuters) - Japan's Takeda Pharmaceutical Co Ltd is considering raising its cash-and-stock bid for London-listed drug maker Shire Plc to approximately 47 pounds ($66) per share or the

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20 Apr 2018 10:56

MARKET ANALYSIS: FTSE Edges Higher

BRUSSELS/FRANKFURT/PARIS (Alliance News) - UK stocks are modestly higher Friday morning, with the pound easing slightly against the US dollar following remarks from the central bank governor that

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20 Apr 2018 10:36

WINNERS & LOSERS SUMMARY: Reckitt Slides After Missing Forecasts

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - LOSERS----------Reckitt down it

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20 Apr 2018 10:27

FTSE 100 set for fourth straight week of gains while Reckitt, Shire tumble

(For a live blog on European stocks, type LIVE/ in an Eikon news window) * FTSE 100 up 0.3 pct * Sterling, hit by Carney comments, supports exporters * Reckitt Benckiser 6 pct

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20 Apr 2018 08:34

TOP NEWS: Allergan Backs Away From Shire But Reserves Right To Change

LONDON (Alliance News) - Allergan PLC on Friday confirmed that it "does not intend to make an offer" for fellow Dublin-based drug maker Shire PLC, backing off its announcement on that it

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20 Apr 2018 07:46

UPDATE 1-UK Stocks-Factors to watch on April 20

April 20 (Reuters) - Britain's FTSE 100 index is seen opening 21 points higher at 7,350 on Friday, according to financial bookmakers, with futures up 0.32 pct ahead of the cash market open. * of

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20 Apr 2018 07:13

UPDATE 2-Japan's Takeda shares drop as investors fret over Shire pursuit

* Takeda's $63 bln cash-and-share offer for Shire rejected * Takeda-Shire talks ongoing * Takeda likely needs to up bid's cash component -analysts (Recasts, adds analyst Sam

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20 Apr 2018 06:56

PRESS: Allergan Exits "Bidding Battle" For Shire As Shares Fall 8.5%

LONDON (Alliance News) - Botox-maker Allergan PLC "does not intend to make an offer" for Shire PLC, The Financial Times reported, after Allergan's shares dropped 8.5% in New York in

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20 Apr 2018 06:10

UK Stocks-Factors to watch on April 20

April 20 (Reuters) - Britain's FTSE 100 index is seen opening 21 points higher at 7,350 on Friday, according to financial bookmakers. * SHIRE-TAKEDA PHARMA: Rare disease drugmaker Shire Plc said

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19 Apr 2018 17:22

UPDATE: Allergan Confirms In Early Stages Of Considering Bid For Shire (ALLISS)

LONDON (Alliance News) - Irish pharmaceutical firm Shire PLC on Thursday said it has received three takeover proposals from Takeda Pharmaceutical Co Ltd since the end of March, all of which it has

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19 Apr 2018 17:07

European Markets Finish With Little Change In Directionless Trade

BRUSSELS/FRANKFURT/PARIS (Alliance News) - The European markets were stuck in a sideways trend throughout Thursday's session and ended the day with mixed results.Traders sifted through

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19 Apr 2018 16:23

Reuters Business News Schedule at 1500 GMT/11 AM ET

Editor: Steve Orlofsky +1 646 223 6200 Global Picture Desk: +65 6870 3775 Global Graphics Desk: + 65 6870 3595 (All times GMT / ET) Receive this schedule by moves in as

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19 Apr 2018 16:18

Reuters Business News Schedule at 1500 GMT/11 AM ET

Editor: Steve Orlofsky +1 646 223 6200 Global Picture Desk: +65 6870 3775 Global Graphics Desk: + 65 6870 3595 (All times GMT / ET) Receive this schedule by moves in as

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19 Apr 2018 16:09

Reuters Business News Schedule at 1500 GMT/11 AM ET

Editor: Steve Orlofsky +1 646 223 6200 Global Picture Desk: +65 6870 3775 Global Graphics Desk: + 65 6870 3595 (All times GMT / ET) Receive this schedule by moves in as

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19 Apr 2018 16:08

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday 20 April RecordFull Year ResultsBonmarche HoldingsTrading BenckiserQ1 23

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