Economic Calendar

Wednesday, August 26, 2009

Irish Life, Paddy Power, Tullow Oil: U.K., Irish Equity Preview

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By Morwenna Coniam and David Merritt

Aug. 26 (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 20.6, or 0.4 percent, to 4,916.8. The FTSE All-Share Index rose 0.4 percent and Ireland’s ISEQ Index gained 1.4 percent.

Antofagasta Plc (ANTO LN): The London-based miner of copper in Chile is scheduled to report earnings. The stock fell 24.5 pence, or 3 percent, to 789.5 pence.

BP Plc (BP/ LN): Europe’s second-largest oil company sought to sell a cargo of Forties crude oil without attracting a buyer. The stock rose 4.6 pence, or 0.9 percent, to 533 pence.

Glanbia Plc (GLB ID): Producer of a third of Ireland’s milk and cheese is scheduled to report earnings. The stock rose 0.1 euros, or 3.9 percent, to 2.7 euros.

Irish Life & Permanent (IPM ID): Ireland’s third-biggest bank is scheduled to report earnings. The stock rose 0.3 euros, or 9 percent, to 4 euros.

John Wood Group Plc (WG/ LN): The U.K.’s largest oilfield- services provider is scheduled to report earnings. The stock fell 4.6 pence, or 1.4 percent, to 325.3 pence.

Lloyds Banking Group Plc (LLOY LN): The U.K.’s biggest mortgage lender may have to write off 500 million pounds ($817 million) on loans made to Admiral Taverns Ltd., the Financial Times reported. The stock fell 0.1 pence, or 0.1 percent, to 107.8 pence.

Melrose Plc (MRO LN): The U.K. investment company that owns the maker of handles for Gillette razors is scheduled to report earnings. The stock fell 0.9 pence, or 0.6 percent, to 141.1 pence.

Paddy Power Plc (PWL ID): Ireland’s largest bookmaker is scheduled to report earnings. The stock rose 0.6 euros, or 3.4 percent, to 19.1 euros.

Serco Group Plc (SRP LN): The operator of London’s Docklands Light Railway and service provider for the U.K. and U.S. navies is scheduled to report earnings. The stock rose 11.9 pence, or 2.7 percent, to 455 pence.

Tullow Oil Plc (TLW LN): The U.K. explorer in Africa is scheduled to report earnings. The stock fell 4 pence, or 0.4 percent, to 1,096 pence.

WPP Plc (WPP LN): The world’s largest advertising company is scheduled to report earnings. The stock fell 3.5 pence, or 0.7 percent, to 520 pence.

To contact the reporters on this story: Morwenna Coniam in London at mconiam@bloomberg.net.




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