UK Stocks-Factors to watch on July 24
July 24 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.3%.
* RECKITT: British consumer goods company Reckitt RKT.L is under pressure from top shareholders to revisit a sale of its Mead Johnson Nutrition business, following litigation and other setbacks at the division, the Financial Times reported.
* ASCENTIAL: Information and analytics firm Ascential Plc ASCL.L said it is in advanced talks with Informa Plc INF.L related to a 1.16 billion pound ($1.50 billion) buyout proposal from the British events organiser.
* PAY: British employers offered average annual pay settlements of 4.9% in the three months to June, unchanged from the previous month, industry data showed, highlighting continued strong wage growth that may sustain the Bank of England's inflation worries.
* OIL: Oil prices rebounded, snapping three straight sessions of decline, as falling U.S. crude inventories and growing supply risks from wildfires in Canada boosted prices.
* METALS: Copper prices slid again to trade near a three-and-a-half month low hit in the previous session, as concerns about demand in top consumer China weighed on the market.
* FTSE: Britain's FTSE 100 closed lower on Tuesday, pressured by commodity-linked stocks which tracked declines in prices of oil and copper, while positive earning updates from companies helped offset declines.
* UK CORPORATE DIARY:
Aston Martin | AML.L | HY Results |
easyJet | EZJ.L | Q3 Results |
British American Tobacco | BATS.L | HY Results |
Reckitt Benckiser | RKT.L | HY Results |
Fresnillo | FRES.L | Q2 production report |
Marston's | MARS.L | Q3 trading update |
Unite Group | UTG.L | HY Results |
Informa | INF.L | HY Results |
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB
Reporting by Prerna Bedi in Bengaluru
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