UK Stocks-Factors to watch on May 18

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on May 18
Credit: © Reuters.

May 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down by
20 points, or 0.3 percent, on Wednesday, according to financial bookmakers. For
more on the factors affecting European stocks, please click on The UK blue chip index closed up 0.3 percent at 6,167.77 on Tuesday, with
house builders helping the index higher after Taylor Wimpey TW.L announced a
special dividend payout to lead gains in the sector.
* SHELL: Two investor advisory firms have recommended Royal Dutch Shell
RDSa.L shareholders oppose the CEO's 2015 remuneration, in the latest sign of
rising discontent over pay amid falling oil prices.
* INTERNATIONAL CONSOLIDATED AIRLINES GROUP: Qatar Airways has raised its
stake in British Airways-owner International Consolidated Airlines Group (IAG)
ICAG.L to 15.01 percent and may consider acquiring more of the company over
time, the airline said Tuesday.
* BP: The head of exploration at BP BP.L , Richard Herbert, is leaving the
British oil major after slightly more than two years in the job, a period in
which the company slashed spending on the search for new deposits.
* ENTERTAINMENT ONE: U.S. hedge fund Livermore Partners wants Entertainment
One Ltd ETO.L to add directors with more industry and financial expertise, the
fund's top executive said on Tuesday, in its latest bid to spur changes at the
Canadian media company.
* STANDARD LIFE: Standard Life SL.L was given an embarrassing dressing
down by shareholders at its AGM, with reaction to its 2015 pay report delivering
a metaphorical bloody nose to an insurer that in its role as an investor in
other companies has itself been critical of high executive pay.
* STOCK SPIRITS: Vodka maker Stock Spirits Group Plc STCK.L won the
backing of one of its top shareholders in its tussle with the company's biggest
investor over expanding the board.
* UK REFERENDUM: Most companies based in the euro zone believe a British
decision to leave the European Union would hurt the region as it struggles with
a sluggish economy and a migration crisis, a survey showed on Wednesday.
UK CORPORATE DIARY:
SABMiller PLC SAB.L Full Year 2016 SABMiller PLC Earnings
Release
SSP Group PLC SSPG.L Half Year 2016 SSP Group PLC Earnings
Release
Assura PLC AGRP.L Full Year 2015 Assura PLC Earnings Release
SSE PLC SSE.L Full Year 2016 SSE PLC Earnings Release
UBM PLC UBM.L UBM PLC Trading Update Release
Burberry Group PLC BRBY.L Preliminary 2016 Burberry Group PLC
Earnings Release

TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB
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