UK Stocks-Factors to watch on Nov 19
Britain's FTSE 100 index is seen opening higher with futures up 0.50% on Friday. * KINGFISHER: British home improvement retailer Kingfisher forecast full-year profit towards the higher end of the 910-950 million pounds ($1.23 billion-$1.28 billion) range previously guided after reporting strong third-quarter sales on a two-year basis.
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Britain's FTSE 100 index is seen opening higher with futures up 0.50% on Friday.
* KINGFISHER: British home improvement retailer Kingfisher forecast full-year profit towards the higher end of the 910-950 million pounds ($1.23 billion-$1.28 billion) range previously guided after reporting strong third-quarter sales on a two-year basis. * GREAT PORTLAND ESTATES: London-focused commercial property developer Great Portland Estates Plc lifted its annual rental value outlook and joined bigger rivals in returning to interim profit, buoyed by strong leasing momentum.
* NATIONWIDE BUILDING SOCIETY: Nationwide Building Society reported half-year profits more than doubled, as it cashed in on Britain's economic rebound. * RETAIL SALES: Auction houses and shoppers seeking new clothes for the Christmas holidays lifted British retail sales last month by more than expected, adding to recent signs that a slowdown in the economy might have abated slightly.
* UNILEVER: Unilever Plc has agreed to sell its global tea business to CVC Capital Partners for 4.5 billion euros ($5.1 billion). * GB GROUP: Data intelligence specialist GB Group said on Thursday it would buy U.S.-based peer Acuant Intermediate for an enterprise value of $736 million.
* OIL: Oil prices steadied as investors paused for breath following a day of wild swings prompted by the prospect of coordinated action by the world's major economies to release official crude reserves from stocks. * GOLD: Gold prices inched higher but were set for their first weekly decline in three as rising inflation fuelled bets of quicker interest rate hikes and dented bullion's appeal.
* Britain's FTSE 100 ended lower on Thursday as heavyweight mining and energy stocks tracked weak commodity prices. * For more on the factors affecting European stocks, please click on:
TODAY'S UK PAPERS > Financial Times
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