UK Stocks-Factors to watch on Sept 19

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Sept 19
Credit: © Reuters.

Sept 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 7 points higher at 7,260.4 on Tuesday, according to financial bookmakers.

* RBS: European Union regulators approved a British plan allowing bailed-out Royal Bank of Scotland RBS.L to support smaller alternative banks with funds totalling around 835 million pounds ($1.1 billion) to encourage competition. RYANAIR: Ryanair RYA.I Chief Executive Michael O'Leary said he was sure a series of flight cancellations would not help future bookings at the airline that were till now two percent up on a year ago. Budget airlines Ryanair RYA.I and Norwegian Air Shuttle NWC.OL have halted talks on a flight connection agreement, both companies said on Monday. JIMMY CHOO: Luxury shoemaker Jimmy Choo Plc CHOO.L said its shareholders voted in favour of a $1.2 billion takeover by fashion group Michael Kors Holdings Ltd KORS.N . GSK: GlaxoSmithKline Plc GSK.L and Innoviva Inc INVA.O said on Monday the U.S. Food and Drug Administration has approved their triple drug inhaler for treatment of chronic obstructive pulmonary disease (COPD). ICAG: British Airways owner IAG ICAG.L has joined the field of bidders for parts or all of insolvent German airline Air Berlin AB1.DE , two people familiar with the matter told Reuters on Monday. GOOGLE: Google GOOGL.O has offered to display rival comparison shopping sites via an auction, as it aims to stave off further EU antitrust fines, four people familiar with the matter said. MICROSOFT/OUTAGE: Microsoft Corp MSFT.O said its free email services and Hotmail, which suffered an outage across Europe on Monday, were back up. The UK blue-chip FTSE 100 .FTSE index was up 0.5 percent at 7,253.28 points at close on Monday, rebounding from the previous session's four-month low as shares in financials rose and higher oil prices boosted energy shares, while late comments from Bank of England governor Mark Carney helped cement gains. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets


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