(Adds company news items and futures)
July 30 (Reuters) - Britain's FTSE 100 .FTSE index is expected to open 22
points higher at 7,709 on Tuesday, according to financial bookmakers, with
futures FFIc1 up 0.24% ahead of the cash market open.
* JUPITER FUND MANAGEMENT: British money manager Jupiter Fund Management
JUP.L on Tuesday posted an 8% increase in assets under management, boosted by
market gains, although it continued to see outflows of client cash. * BP: BP BP.L reported $2.8 billion in second-quarter profit on Tuesday,
unchanged from a year earlier, held back by lower oil prices. * GREGGS: Greggs GRG.L , the British baker and food-on-the-go retailer,
posted a 58% rise in first-half profit on Tuesday, driven by a boost to sales
from the popularity of its vegan sausage rolls. * RECKITT: British household goods maker Reckitt Benckiser RB.L reported
lower than expected second-quarter sales, hurt by a slowdown in demand for
infant formula in the United States and China, and cut its full-year revenue
target. * CYBG: British lender CYBG Plc CYBGC.L lowered its forecast for full-year
margins on Tuesday after posting a slight dip in quarterly margins as a slowdown
in its mortgages unit offset growth in lending to small and medium sized
businesses and individuals. * CENTRICA: British Gas parent Centrica CNA.L said on Tuesday Chief
Executive Officer Iain Conn will step down, and the company slashed its dividend
and announced that it was exiting its oil and gas business. * BBA AVIATION: BBA Aviation Plc BBA.L said on Tuesday that it agreed to
sell its Ontic aircraft parts and services unit to private equity firm CVC
Capital Partners' CVC Fund VII for an enterprise value of $1.37 billion.
* PROVIDENT FINANCIAL: Sub-prime lender Provident Financial PFG.L on
Tuesday reported adjusted first-half profit in line with its own estimates, as
it works on reviving its battered home credit business. * BRITAIN-RETIREMENT: Britain's markets watchdog has proposed banning
financial advisors from getting paid only when a customer buys a pension, known
as contingent charging. * SPORTS DIRECT: Grant Thornton, the auditor of Sports Direct International
SPD.L , has told UK regulators it intends to quit its role following concerns
over the disclosure of a 674 million euro tax bill from Belgian authorities, the
Financial Times reported on Monday.
* WOODFORD: Under-fire British asset manager Neil Woodford was hit by a
double blow on Monday as his flagship fund looked set to remain frozen until
early December and he faced being sacked from managing his namesake listed
investment trust. * BREXIT: Sterling tumbled to a 28-month low on Monday as Prime Minister
Boris Johnson said the Brexit divorce was dead and warned that unless the
European Union renegotiated, Britain would leave on Oct. 31 without a deal.
* OIL: Oil prices rose for a fourth day on Tuesday on optimism the U.S.
Federal Reserve will this week cut interest rates for the first time in more
than ten years, which should support economic and fuel demand growth in the
world's biggest oil user. * GOLD: Gold prices edged down on Tuesday as the dollar held firm near
two-month highs, while investors awaited the outcome of a two-day U.S. Federal
Reserve policy meeting expected to result in a cut in interest rates.
* Britain's FTSE 100 surged to its highest in nearly a year on Monday, as
shares of Just Eat and London Stock Exchange rallied on deal-related news, while
exporter stocks benefited from a weaker pound amid heightened 'no-deal' Brexit
fears. * For more on the factors affecting European stocks, please click on:
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