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Rolls-Royce sells stake in refuelling jets unit AirTanker for $261 mln

LONDON, Sept 13 (Reuters) - British engineering company Rolls-Royce RR.L said it agreed to sell its 23.1% stake in AirTanker Holdings, the owner of 14 A330 refuelling jets, for 189 million pounds ($261 million), in its latest disposal aimed at reducing debt. The aero-engine maker wants to sell 2 billion pounds worth of assets to help repair its bal
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UK Stocks-Factors to watch on Aug. 13

Aug 13 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.2%. * BABCOCK: Babcock International Group BAB.L said it had agreed to sell its consultancy unit Frazer-Nash for 293 million pounds to help shore up the British engineering firm's balance sheet and cut debt. * BHP: Expectations are growing th
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UK Stocks-Factors to watch on Aug 12

(Updates futures, add news items) Aug 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.2%. * ECONOMY: Britain's economy grew by a faster-than expected 1.0% in June, boosted by the huge services sector, as people resumed going to see their doctors following the pandemic and after many hospital
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UK Stocks-Factors to watch on Aug 12

Aug 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.1%. * HOUSE PRICES: Britain's red-hot housing market cooled a little last month in July as the partial removal of a temporary cut to property purchase taxes caused a slight drop in demand from new buyers, a survey showed. * SHELL: Oil major
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UK Stocks-Factors to watch on July 30

July 30 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.70%. * JUPITER FUND MANAGEMENT: Jupiter Fund Management JUP.L posted a surge in half-year profit, with gross inflows and assets under management touching record levels on strong investor sentiment. * NATWEST: NatWest NWG.L restored dividend
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British Business - July 21

July 21 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - The American private equity firm Clayton Dubilier & Rice is working on another bid for WM Morrison Supermarkets Plc MRW.L in a sign that the battle to buy the su
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British Business - April 14

April 14 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - British fashion retailer JD Sports Fashion Plc has said the retailer has no intention of repaying taxpayer support despite resuming dividend payments to shareho
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UK Stocks-Factors to watch on Nov 25

Nov 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 35 points higher at 6,467 on Wednesday, according to financial bookmakers. * AA PLC: British roadside recovery company AA Plc AAAA.L has agreed to be acquired by private equity groups Warburg Pincus International and TowerBrook Capital Partners, the Financial Times reported on Tuesda
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UK Stocks-Factors to watch on Aug. 4

Aug 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 12 points lower at 6,021 on Tuesday, according to financial bookmakers, with futures FFIc1 down 0.1% ahead of cash markets open. * EASYJET: British low cost airline easyJet EZJ.L said it planned to fly about 40% of its capacity over the rest of the summer, more than it had originally
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UK Stocks-Factors to watch on Aug. 4

Aug 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 12 points lower at 6,021 on Tuesday, according to financial bookmakers. * NMC: Hospital operator NMC Health has secured a $250 million financing facility which will allow it to continue to provide healthcare, its administrators Alvarez & Marsal said. * BREXIT: The British government h
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UK Stocks-Factors to watch on June 11

Britain's FTSE 100 .FTSE index is seen opening 97 points lower at 6,232 on Thursday, according to financial bookmakers, with futures down 1.97% ahead of cash market open. * AMIGO: Amigo Holdings Plc AMGO.L said its chairman will step down from the board and his role as chairman on June 18, after resigning last week when a potential sale of the comp
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UK Stocks-Factors to watch on Feb. 12

Feb 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 13 points higher on Wednesday, according to financial bookmakers, with futures FFIc1 up 0.2% ahead of the cash market open. * DUNELM: British home furnishings retailer Dunelm DNLM.L forecast full-year pretax profit slightly above market expectations, saying its third quarter had star
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UK Stocks-Factors to watch on Feb. 5

Feb 5 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 23 points lower on Wednesday, according to financial bookmakers, with futures down 0.4% ahead of the cash market open. * FINANCIAL REPORTING COUNCIL: Britain's accounting watchdog, the Financial Reporting Council (FRC), announced plans for a hiring drive to strengthen its oversight of
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Babcock International Wins Contract For Australian Future Submarine Programme

Nov 25 (Reuters) - Babcock International Group PLC BAB.L : * REG - BABCOCK INTNL GROUP - CONTRACT FOR AUSTRALIAN FUTURE SUBMARINE PROGRAMME * BABCOCK INTNL GROUP - CONTRACT FOR AUSTRALIAN FUTURE SUBMARINE PROGRAMME * BABCOCK INTERNATIONAL GROUP PLC - WON A CONTRACT TO DESIGN AND BUILD WEAPONS HANDLING SYSTEM FOR AUSTRALIA'S NEW ATTACK CLASS SUBMARI
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Berkeley Group, Credit Agricole, TechnipFMC

Nov 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Berkeley Group Holdings, Credit Agricole and Societe Generale, on Friday. HIGHLIGHTS * A.P. Moller-Maersk MAERSKb.CO : Berenberg cuts to hold from buy * Berkeley Group Holdings Plc BKGH.L : HSBC cuts to hold from buy * Credit Agri
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British Business - Nov 21

Nov 21 (Reuters) - Here are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Former British Airways executive Steven Clark took more than $5 million in bribes from a contractor to help it win work with the airline. Link Norwegian Air NWC.OL has named
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UK Stocks-Factors to watch on Nov 20

Nov 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 14 points lower at 7,310 on Wednesday, according to financial bookmakers, with futures FFIc1 down 0.3%ahead of the cash market open. * MITCHELLS & BUTLERS: Mitchells & Butlers MAB.L reported a higher full-year adjusted operating profit, buoyed by stronger food sales at its around 1,7
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Buoyant warship division keeps Babcock on course for 2020 targets

LONDON, Nov 20 (Reuters) - British engineer Babcock International BAB.L said it was on course to hit its full-year profit and revenue targets due to solid demand for support services across its UK warship division. Babcock, whose biggest customer is Britain's Ministry of Defence, is reshaping the group as the ending of a number of contracts eats in
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Buoyant warship division keeps Babcock on course for 2020 targets

LONDON, Nov 20 (Reuters) - British engineer Babcock International BAB.L said it was on course to hit its full-year profit and revenue targets due to solid demand for support services across its UK warship division. Babcock, whose biggest customer is Britain's Ministry of Defence, said its outlook for the year ending March 31 2020 was unchanged afte
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Babcock International Updates On Type 31 Contract Win

Nov 15 (Reuters) - Babcock International Group PLC BAB.L : * REG - BABCOCK INTNL GROUP - TYPE 31 CONTRACT WIN * BABCOCK INTERNATIONAL GROUP PLC - HAS BEEN AWARDED A CONTRACT BY UK MINISTRY OF DEFENCE TO DELIVER ITS NEWEST FLEET OF WARSHIPS * BABCOCK - TYPE 31 GENERAL-PURPOSE FRIGATE PROGRAMME WILL PROVIDE UK WITH FLEET OF FIVE SHIPS, AT AN AVERAGE
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