Economic Calendar

Wednesday, August 6, 2008

Standard Life, ITV, Xstrata, Aricom: U.K., Irish Equity Preview

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By Andrew Shepherd

Aug. 6 (Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in U.K. and Irish markets today. Stock symbols are in parentheses and prices are from the last market close.

The benchmark FTSE 100 Index rose 134.3, or 2.5 percent, to 5,454.50. The FTSE All-Share Index rose 2.6 percent and Ireland's ISEQ Index increased 326.47 cents.

U.K. companies:

Anglo American Plc (AAL LN): The world's fourth-biggest diversified mining company completed its transaction for control of Minas-Rio iron ore project and Amapa iron ore system in Brazil. The shares advanced 72 pence, or 2.8 percent, to 2694 pence.

Aricom Plc (ORE LN): The developer of iron-ore mines in eastern Russia is scheduled to report earnings results. The shares declined 1.25 pence, or 2.7 percent, to 45.75 pence.

British Energy Group Plc (BGY LN): British Energy Group Plc's Chief Executive Officer Bill Coley told staff on Aug. 5 that the U.K.'s biggest nuclear power producer is focused on agreeing to a deal to be bought by Electricite de France SA, two people with knowledge of the message said. The shares fell 8 pence, or 1.1 percent, to 710 pence.

Eurasian Natural Resources Corp. (ENRC LN): The Kazakh producer of steel making raw materials is scheduled to release earnings. The shares fell 48 pence, or 4.8 percent, to 950 pence.

F&C Asset Management Plc (FCAM LN): F&C oversees the U.K.'s oldest investment fund and is scheduled to report earnings. The shares rose 3.75 pence, or 3.7 percent, to 104 pence.

Inmarsat Plc (ISAT LN): The U.K. satellite company that provides communications services is scheduled to report earnings results. The shares rose 1.25 pence, or 0.3 percent, to 477.25 pence.

ITV Plc (ITV LN): The U.K.'s biggest commercial broadcaster is scheduled to report earnings. The shares rose 2.8 pence, or 6.4 percent, to 46.3 pence.

Land of Leather Holdings Plc (LAN LN): Land of Leather is being sued for 250,000 pounds ($488,360) plus interest and costs by Agilo Ltd., a fund that buys shares in companies facing problems, the London-based Times reported, citing a claim filed at the High Court. The shares rose 0.25 pence, or 0.6 percent, to 39.5 pence.

Liberty International Plc (LII LN): The U.K.'s largest shopping-center owner is scheduled to report earnings. The shares rose 40.5 pence, or 4.4 percent, to 970 pence.

Morgan Crucible Co. (MGCR LN): Morgan Crucible, whose medical components are used by General Electric Co., is scheduled to report earnings. The shares advanced 4.25 pence, or 2.2 percent, to 199.5 pence.

Old Mutual Plc (OML LN): The U.K. insurer that makes most of its money in South Africa is scheduled to report earnings. The shares advanced 8.2 pence, or 8.5 percent, to 106.4 pence.

Standard Life Plc (SL/ LN): Scotland's largest insurer is scheduled to report earnings. The shares rose 21 pence, or 9.4 percent, to 244.25 pence.

Taylor Nelson Sofres Plc (TNS LN): Apax Partners Worldwide LLP has held discussions with GFK AG about funding a cash offer for Taylor Nelson, the London-based Times reported. The shares rose 5 pence, or 1.9 percent, to 275 pence.

WS Atkins Plc (ATK LN): The U.K.'s biggest engineering- design company is scheduled to release its first quarter trading statement. The shares rose 23 pence, or 2.6 percent, to 918 pence.

Xstrata Plc (XTA LN): The largest exporter of power station coal is scheduled to report earnings. The shares fell 43 pence, or 1.3 percent, to 3,200 pence.

To contact the reporter on this story: Andrew Shepherd in London at ashepherd5@bloomberg.net


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