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UPDATE 1-UK Stocks-Factors to watch on March 15

Thu, 15th Mar 2018 07:54

March 15 (Reuters) - Britain's FTSE futures were flat ahead of thecash market open on Thursday.

* SHELL: Royal Dutch Shell Chief Executive Ben van Beurden saw histotal remuneration in 2017 rise to 8.9 million euros ($11 million) from 8.6million the previous year.

* JUST GROUP: Annuity provider Just Group posted a record 35percent rise in 2017 operating earnings to 221 million pounds, topping analystsforecast due to lower expenses and pricing discipline, it said onThursday.

* SPIRAX-SARCO: Spirax-Sarco Engineering Plc reportedbetter-than-expected full-year revenue and adjusted pretax profit on Thursday,helped by acquisitions and strength in Europe, Middle East and Africamarkets.

* PERSIMMON: Persimmon, Britain's second-biggest builder, onThursday named Roger Devlin as its new chairman, hoping he will help the companymove on after a row over an executive incentive plan saw his predecessor quitlast year.

* ONESAVINGS BANK: OneSavings Bank Plc reported a 21 percent risein full-year underlying pretax profit as it controlled costs and focused onbigger, professional landlords, even as the broader market lost its sheen foramateur landlords due to tax and regulatory changes.

* PHOENIX GROUP: Insurer Phoenix Group Holdings reported higheroperating profit and said it expects to achieve the top end its 1-1.2 billionpounds cash generation target range for the two-year period between 2017 and2018.

* CINEWORLD: Britain's Cineworld Group, which bought U.S. cinemachain Regal Entertainment last year, said full-year revenue rose 11.6 percent,driven by blockbusters such as "Beauty and the Beast", "Dunkirk" and "Star Wars:The Last Jedi".

* KIER GROUP: Britain's Kier Group on Thursday reported a 4.7percent rise in half-year operating profit and said it was on track to deliverdouble-digit profit growth in 2018.

* OLD MUTUAL: Anglo-South African financial services group Old Mutualsaid a "material" completion of its planned break-up was scheduled forthe end of 2018, as it announced a 22 percent rise in 2017 operating profit onThursday.

* UNILEVER: The British government said Unilever's decision to scrap itsLondon corporate headquarters and make Rotterdam its sole legal home is notlinked to Britain's exit from the European Union.

* SAVILLS: Estate agents Savills posted a marginally better thanexpected 3.5 percent rise in underlying profit to 140.5 million pounds ($196million) for 2017 but said trading could face greater uncertainty thisyear.

* UNILEVER: Unilever, Britain's third-biggest company, will scrapits London corporate headquarters and make Rotterdam its sole legal home in ablow to Prime Minister Theresa May's government ahead of Brexit.

* SHELL: Royal Dutch Shell is close to bagging a deal to supplyHong Kong with liquefied natural gas (LNG), beating out major competitors forthe right to be the first company to supply LNG to the area.

* GLENCORE: Glencore Plc, the world's biggest producer of cobalt,has agreed to sell around a third of its cobalt production over the next threeyears to Chinese battery recycler GEM Co Ltd, according to a filingby GEM on Wednesday.

* BHP: BHP's Escondida copper mine in Chile, the world's largest,said on Wednesday that it has invited its powerful workers' union to start earlytalks on a new collective labor contract.

* GOLD: Gold prices edged higher early Thursday and hovered near one-weekhighs hit in the previous session, as concerns over trade tensions weighed onshare markets.

* OIL: Oil prices held steady on Thursday, supported by healthy globaldemand but capped by the relentless rise in U.S. production that is underminingefforts led by producer cartel OPEC to cut supplies and prop upmarkets.

* EX-DIVS: Anglo American and Hammerson will trade withoutentitlement to their latest dividend pay-out on Thursday, trimming 1.37 pointsoff the FTSE 100 according to Reuters calculations.

* The UK blue chip FTSE 100 index closed down 0.09 percent at7,132.69 points on Wednesday, as shares gave up early gains and finished innegative territory as points gained by Prudential and mining stocks wereoverturned by simmering fears of a global trade war that pushed Wall Street intothe red.

* For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

TODAY'S UK PAPERS

> Financial Times

> Other business headlinesMultimedia 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 Siju Varghese)

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