Economic Calendar

Wednesday, November 19, 2008

Experian, British Land, Woolworths: U.K., Irish Equity Preview

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By Howard Mustoe

Nov. 19 (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 advanced 76.39, or 2 percent, to 4,208.55. The FTSE All-Share Index rose 1 percent, and Ireland's ISEQ Index fell 5 percent.

U.K. companies:

British Land Co. Plc (BLND LN): The U.K.'s second-largest real estate investment trust releases earnings. British Land advanced 19.5 pence, or 4 percent, to 543.5 pence.

Business Post Group Plc (BPG LN): The postal company that handles about a tenth of the U.K. mail market announces results. Business Post declined 5.5 pence, or 2 percent, to 277.25 pence.

Experian Plc (EXPN LN): The world's largest credit-checking company may say first-half profit was unchanged as the company advanced a cost-cutting program to offset declining demand for credit services in the U.S. and U.K. Experian fell 8.25 pence, or 3 percent, to 306.5 pence.

Marks & Spencer Group Plc (MKS LN): The retailer will hold a one-day 20 percent-off sale tomorrow to prevent stock building up after Christmas, the Financial Times reported, citing people familiar with the matter. Marks fell 4.25 pence, or 2 percent, to 211.25 pence.

Rensburg Sheppards Plc (RBG LN): The investment manager formed by Rensburg Plc's purchase of Carr Sheppards Crosthwaite announces results. Rensburg fell 10 pence, or 2 percent, to 400 pence.

Woolworths Group Plc (WLW LN): The retailer is in talks to sell all its retail stores to turnaround company Hilco for 1 pound ($1.49), the Times reported, without saying where it got the information. Woolworths declined 0.22 penny, or 5 percent, to 3.81 pence.

To contact the reporter on this story: Howard Mustoe in London at hmustoe@bloomberg.net.




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