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UPDATE 1-UK Stocks-Factors to watch on July 11

Published 07/11/2019, 02:57 PM
Updated 07/11/2019, 03:00 PM
UPDATE 1-UK Stocks-Factors to watch on July 11
UK100
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RKT
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JET2
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(Adds company news items, futures)
July 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 26
points higher at 7,557 on Thursday, according to financial bookmakers, with
futures FFIc1 up 0.21% ahead of the cash market open.
* INDIVIOR: Drugmaker Indivior Plc INDV.L on Thursday raised its profit
and revenue guidance for the full year as its blockbuster opioid drug Suboxone
lost market share at a lower pace than expected, bolstering its first-half
performance.
* LAND SECURITIES: Land Securities Group LAND.L said on Thursday its
chief executive officer, Robert Noel, has informed the property developer of his
intention to retire.
* DART GROUP: Dart Group DTG.L , the owner of British airline and tour
operator Jet2, reported higher annual pretax profit on Thursday as Britons
booked more holidays and said it expected to meet market expectations for the
new financial year.
* RECKITT BENCKISER: Britain's Reckitt Benckiser RB.L said it would pay
up to $1.4 billion to resolve all U.S. federal investigations into the firm in
connection with the sales and marketing of Suboxone Film by its former
prescription pharmaceuticals business Indivior INDV.L .
* GATWICK AIRPORT: London's Gatwick airport said on Wednesday it had
suspended all flights due to an air traffic control system problem. * GSK: Britain's government named the former chief financial officer of
drugs company GlaxoSmithKline GSK.L , Simon Dingemans, to head the Financial
Reporting Council (FRC), a body in charge of regulating auditors. * EX-DIVS: Halma HLMA.L will trade without entitlement to their latest
dividend pay-out on Thursday, trimming 0.145 points off the FTSE 100 according
to Reuters calculations.
* The UK blue chip index closed 0.1% lower on Wednesday, with exporter
stocks taking a hit from a weaker dollar as U.S. Federal Reserve Chairman Jerome
Powell's comments boosted hopes for an interest rate cut. * For more on the factors affecting European stocks, please click on:
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TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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