March 27, 2019 / 7:43 AM / 6 months ago

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

(Adds company news items and futures)

March 27 (Reuters) - Britain’s FTSE 100 is seen opening 13 points higher at 7,209 on Wednesday, according to financial bookmakers, while FTSE 100 futures were up 0.20 percent ahead of the cash market open. * IMPERIAL BRANDS: British tobacco group Imperial Brands Plc said on Wednesday it expects full-year net revenue growth to be at or above the upper-end of its 1 percent to 4 percent range. * Sports Direct: Sports Direct, the British sportswear firm controlled by Mike Ashley, said its possible offer for Debenhams, values the ailing department store group at 61.4 million pounds ($80.92 million). * EUROMONEY: Britain’s Daily Mail newspaper owner said on Tuesday its investors had approved plans to return all of its shares in Euromoney Institutional Investor and 200 million pounds ($264.42 million) cash to eligible shareholders. * SCHRODERS: Schroders Personal Wealth, a planned joint venture between asset manager Schroders and Lloyds Banking Group, announced its management team on Tuesday. * NON-STANDARD FINANCE: British subprime lender Non-Standard Finance (NSF) said on Tuesday its investors had authorised the issue of new shares for its planned hostile takeover of Provident Financial.

* DOMINO’S: Domino’s Pizza Group Plc was considering succession planning to replace three senior board members, including Chairman Stephen Hemsley and Chief Executive Officer David Wild, Britain’s biggest pizza delivery firm’s annual report showed.

* THOMAS COOK: Thomas Cook announced a review of its money division on Tuesday, in its latest step to streamline operations and focus on its core holiday business after a rough 2018 prompted profit warnings.

* GOLD: Gold inched up on Wednesday, after declining the most in nearly two weeks in the previous session, as U.S. recession fears triggered by a sharp decline in U.S. Treasury yields and weak data weighed on the share markets.

* OIL: Oil prices crept up on Wednesday, extending the previous session’s rise, but gains were kept in check amid growing fears over the impact of a global economic slowdown on demand.

* The UK blue-chip index closed 0.26 percent higher at 7196.29 on Tuesday as exporter stocks benefited from weakness in the pound after lawmakers voted to take control of the Brexit process while Ocado surged to a life high on its latest partnership deal.

* For more on the factors affecting European stocks, please click on:


> Financial Times

> Other business headlines (Reporting by Adil Bhat in Bengaluru; editing by Arun Koyyur)

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