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UPDATE 1-UK Stocks-Factors to watch on Nov 26

Published 26/11/2019, 08:47
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Nov 26
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(Adds futures, news items)

Nov 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 16

points higher at 7,412 on Tuesday, according to financial bookmakers, with

futures FFIc1 up 0.3% ahead of the cash market open.

* JUST EAT: Just Eat JE.L shareholder Cat Rock Capital urged investors to

back an all-share merger with Takeaway.com TKWY.AS , saying it believed the

combination could create a company worth 1,200 pence a share in little over a

year. * PETS AT HOME: Britain's Pets at Home Group Plc PETSP.L said it expects

full-year underlying pre-tax profit towards the top end of current market view,

boosted by higher demand for its pet food and vet services. * DE LA RUE: De La Rue Plc DLAR.L said it plans to suspend dividend

payment and review its business to cut costs, as its banknotes printing unit

struggles with depressed margins amid stiff competition and growing popularity

of digital payments. * TOPPS TILES: Britain's biggest tile retailer Topps Tiles TPT.L said

sales in the first eight weeks of the current financial year fell, hit by

economic and political uncertainty that has squashed consumer demand.

* FCA: Britain's markets watchdog said it will temporarily ban the mass

marketing of speculative mini-bonds to retail investors following the collapse

of investment firm London Capital & Finance. * COMPASS: Compass Group Plc CPG.L reported a higher annual underlying

operating profit, but said deteriorating business and consumer confidence in

Europe has hurt volumes and margins at its unit that provides catering services

to companies. * PARAGON BANKING: Paragon Banking PARA.L reported a 5% rise in underlying

earnings for the fiscal year, as a sharper focus in commercial lending helped

the lender offset a Brexit-led slowdown in its mortgage business. * BT: Britain's BT Group Plc BT.L is looking for a new broadband equipment

supplier as it plans to roll out full-fibre broadband to millions of homes by

the mid-2020s, the communications services company said on Monday. * NATIONAL GRID: National Grid Plc NG.L on Monday agreed to pay $36

million in response to an ultimatum from New York Governor Andrew Cuomo and

compensate natural gas customers in New York City and Long Island that were

adversely impacted by a moratorium. * Eddie Stobart: Logistics company Wincanton Plc WIN.L has decided to drop

plans to make an offer to buy rival Eddie Stobart Logistics ESLE.L , citing

concerns about the target's financial performance and liquidity. * OIL: Oil prices were steady, hanging onto gains from the previous session,

after comments from the United States and China kept alive hopes that the

world's two largest economies are soon to agree on ending their trade war.

* GOLD: Gold prices recovered from two-week lows on Tuesday to trade higher

as doubts resurfaced about the progress of trade talks between China and the

United States. * The UK blue chip index .FTSE climbed 1% on Monday on renewed hopes an

initial Sino-U.S. trade deal may be clinched this year, while further signs the

Conservatives are set to win an election next month drove mid-caps to their

highest since September 2018. UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

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