UK Stocks-Factors to watch on May 25



May 25 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 0.6%.

* M&S: British retailer Marks & Spencer MKS.L joined rivals in warning on the outlook for the current year amid a worsening cost-of-living crunch, taking the shine off a jump in profit.

* MEDICLINIC INTERNATIONAL: South African hospital chain operator Mediclinic International MDCM.L is reinstating dividends after almost doubling full-year profit, it said on Wednesday.

* SSE: British power company SSE Plc SSE.L reported a 23% jump in annual profit on Wednesday and said it was investing significantly more than it was making in profit to help reduce dependency on imported gas.

* PETS AT HOME GROUP: Pets at Home PETSP.L , Britain's largest pet supplies retailer, reported a 65.3% jump in annual profit on Wednesday, helped by solid demand for its pet products and veterinary services.

* LEGAL & GENERAL: British insurer Legal & General LGEN.L has formed a 50:50 partnership with U.S. developer Ancora to invest in U.S. life sciences and technology real estate in the first U.S. investment by its alternative assets arm, the insurer said on Wednesday.

* GLENCORE: Glencore Plc GLEN.L said on Tuesday it anticipates paying up to $1.5 billion to settle accusations of bribery and market manipulation, as authorities in the United States, Britain and Brazil announced that three of the company's subsidiaries were pleading guilty to crimes.

* SHELL: Oil major Shell SHEL.L on Tuesday said planned maintenance at its Mars platform in the Gulf of Mexico was completed on Sunday.

* UK's FTSE 100 fell on Tuesday, tracking a sour global mood with energy stocks leading declines and shares of British utilities slumped after a media report fuelled speculation of a windfall tax.

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines


Reporting by Muhammed Husain in Bengaluru

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.