UPDATE 1-UK Stocks-Factors to watch on May 12
Vodafone Group Public Limited Company Sponsored ADR VOD | 0.00 | |
Shell Plc Sponsored ADR SHEL | 0.00 | |
INTERTEK GROUP ITRK | 0.00 | |
Roundhill Space & Technology ETF MARS | 0.00 |
Adds new items, updates futures
May 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.6%.
* INTERTEK: EQT AB EQTAB.ST tabled a sweetened 61.1 pounds per share proposal for Intertek ITRK.L, after three of its earlier bids were turned down.
* PICTON PROPERTY: Picton Property Income PCTN.L said that LondonMetric Property LMPL.L and Schroder Real Estate Investment Trust SREI.L agreed to the terms of a non‑binding, 403 million pounds all‑share offer to buy Picton.
* IMPERIAL BRANDS: Imperial brands IMB.L said that the Iran war could hurt input costs and consumer demand if the conflict drags on.
* VODAFONE: Vodafone VOD.L said it was entering a "new chapter" as a simpler business focused on markets like Germany and Britain and Africa after it reported full-year core earnings and free cash flow at the top end of its guidance.
* GREGGS: Greggs GRG.L warned that the Middle East conflict could drive costs higher into the next year.
* ON THE BEACH: On the Beach OTB.L reinstated its annual adjusted pretax profit forecast, which was below analyst estimates, after a slowdown in bookings due to the Iran war had forced it to suspend the outlook.
* MARSTON’S: Marston’s MARS.L posted a 7.9% rise in half-year underlying pretax profit, driven by cost control and efficiency initiatives.
* SHELL: Shell SHEL.L intends to sell its French petrol stations, Les Echos newspaper reported, citing documents the company shared with employees and suppliers.
* BAT: A U.S. judge dismissed the government's criminal case accusing British American Tobacco BATS.L of conspiring to violate American sanctions by selling cigarettes to North Korea.
* SPENDING: British consumers cut their spending last month for the first time since November 2024 as they focused on essentials rather than leisure, a survey showed.
* COMMODITIES: Oil prices rose nearly 1%, Shanghai copper logged its biggest daily gain in months, and gold prices fell.
* 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
