UK Stocks-Factors to watch on Feb 23

By Reuters / January 01, 1970 / in.investing.com / Article Link

Feb 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 11 points lower at 7,241.4 on Friday, according to financial bookmakers.

* TEMENOS/FIDESSA: Temenos's TEMN.S planned 1.4 billion pound ($1.95 billion) takeover of financial software peer Fidessa Group FDSA.L will enable faster sales growth at the British company, Temenos Chief Executive David Arnott told Reuters on Thursday. STOBART: British haulier Stobart STOB.L is in talks with UK regional airline Flybe FLYB.L about a potential deal between the two companies, according to a source familiar with the matter. STANDARD CHARTERED: Standard Chartered STAN.L said on Thursday it will fully consolidate its operations in Singapore into its local subsidiary, reinforcing its commitment to the country. RIO TINTO: Rio Tinto RIO.L , RIO.AX is moving some of its support staff as it creates three global hubs, but is not changing its operating model, it said on Thursday. SERCO: Britain's Serco SRP.L has called for more transparency from the government over the award of public contracts to protect companies after rival Carillion went bust, saying the market should not be a "Wild West". BRITISH FOODS: Primark owner Associated British Foods ABF.L said on Thursday its chairman Charles Sinclair will retire on April 11 and be succeeded by Michael McLintock, an existing non-executive director at the firm. OIL: Oil prices dipped on Friday as high U.S. crude exports outweighed lower crude inventories in the world's biggest consumer of the fuel. GOLD: Gold prices slipped on Friday and were headed for their sharpest weekly drop in 2-1/2 months as the dollar strengthened during the week. METALS: London copper eased on Friday and was headed for a small weekly drop as the dollar gained steam this week on rising expectations of U.S. interest rate hikes, but prospects of demand were rosy given a healthy outlook for global economic growth. BRITAIN-ENERGY: Britain's green energy production hit record highs in 2017, government data showed on Thursday, while overall output rose for a third year. BRITAIN-TRADE: Britain will be able to agree and sign trade deals during a transition period after it leaves the European Union, Prime Minister Theresa May's spokesman said on Thursday after some Brexit campaigners feared a new document cast doubt on the ability to trade independently. BRITAIN-JOBS: Britain's' biggest smart meter maker Landis+Gyr is considering moving some production abroad because of a 20 percent rise in costs, due in part on the pound's fall after Britain's vote to leave the European Union, the GMB union said on Thursday. The UK blue chip index closed 0.4 percent to 7,252.39 points on Thursday. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

* UK CORPORATE DIARY:

Pearson Plc

PSON.L Full Year 2017 Earnings Release Standard Life Aberdeen Plc

SLA.L

Full Year 2017 Earnings Release Royal Bank of Scotland Group PLC

RBS.L

Full Year 2017 Earnings Release William Hill Plc

WMH.L

Full Year 2017 Earnings Release Rightmove Plc

RMV.L

Full Year 2017 Earnings Release International Consolidated Airlines ICAG.L Full Year 2017 Earnings Release Group SA

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