UPDATE 1-UK Stocks-Factors to watch on Sept 27

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on Sept 27
Credit: © Reuters.

(Adds company news items and futures)

Sept 27 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 12 points lower at 7,499, with FTSE 100 futures .FFIc1 down 0.31 percent ahead of the cash market open.

* DCC: Britain's DCC Plc DCC.L plans to acquire Canada-based Jam Group for an enterprise value of $170 million, the business support services company said on Thursday. HALFORDS: British bicycles-to-car-parts retailer Halfords HFD.L said it would accelerate investment as it unveiled a new strategy to become a more differentiated, service-led specialist business. SAGA: Saga Plc SAGAG.L posted a 3.2 percent rise in profit for the first half, as the overhaul of its travel business paid off and it saw strong demand from affluent older Britons for trips. SKY: Comcast CMCSA.O , the victor in the $40 billion auction for Sky SKYB.L , said it had acquired 38 percent of the British pay-TV group's shares and did not intend to make any further market purchases for now. IG GROUP: British online financial trading firm IG Group Holdings IGG.L said on Thursday that Chief Executive Officer Peter Hetherington, a 24-year veteran at the company, would step down. OFGEM: Britain's energy regulator said on Thursday it has four cases open against UK energy suppliers over their poor handling of customer complaints, following a bi-annual survey. EX-DIVS: Hargreaves Lansdown HRGV.L , Morrisons Supermarket MRW.L , Sumrfit Kappa Group SKG.L will trade without entitlement to their latest dividend pay-out on Thursday, trimming 0.83 points off the FTSE 100 according to Reuters calculations [ID nL8N1WA2OW]

* The UK blue chip index closed 0.1 percent higher on Wednesday, as European markets edged higher ahead of a widely expected rate hike from the U.S. Federal Reserve later on Wednesday. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets


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