Economic Calendar

Wednesday, March 18, 2009

French Connection, RBS, Shell: U.K., Irish Equity Preview

Share this history on :

By Andrew MacAskill

March 18 (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 fell 6.89 points, or 0.2 percent, to 3,857.10. The FTSE All-Share Index declined 0.3 percent, and Ireland’s ISEQ Index dropped 0.5 percent.

French Connection Group Plc (FCCN LN): The U.K. fashion retailer with stores in London, New York and Tokyo is scheduled to report earnings. The shares gained 2.3 percent to 56.25 pence.

Prostrakan Group Plc (PSK LN): The U.K. maker of the Tostran testosterone gel is due to publish earnings. The stock fell 2.8 percent to 61 pence.

Royal Bank of Scotland Group (RBS LN): Britain’s biggest government-controlled bank’s corporate banking activity has been “buoyant” since the start of the year, Chairman Philip Hampton told the Financial Times in an interview. The shares fell 2.6 percent to 22.2 pence.

Royal Dutch Shell Plc (RDSA LN): Europe’s biggest oil company by market value needs to pay as much as 4.6 billion euros ($6 billion) into its pension funds after the value of the plans’ assets declined, NRC Handelsblad reported without saying where it got the information. The shares fell 1.3 percent to 1619 pence.

SIG Plc (SHI LN): Britain’s biggest supplier of insulation and roofing materials will announce a 320 million pound ($450 million) capital-raising plan today the Financial Times reported, without saying where it got the information. The stock dropped 10 percent to 105 pence.

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




No comments: