Economic Calendar

Wednesday, July 16, 2008

Rio Tinto, Wolseley, BTG, Luminar: U.K., Irish Equity Preview

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By Lenka Ponikelska

July 16 (Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in U.K. markets today. Stock symbols are in parentheses and prices are from the last market close.

The benchmark FTSE 100 Index fell 128.5, or 2.42 percent, to 5,171.9. The FTSE All-Share Index declined 62.98, or 2.4 percent, to 2,619.04. Ireland's ISEQ Index retreated 144.49, or 3.21 percent, to 4,354.62.

U.K. Companies:

BlueBay Asset Management Plc (BBAY LN): The London-based manager of fixed-income funds that sold shares in 2006 is issuing a trading statement. The stock retreated 4.75 pence, or 2.4 percent, to 190.25.

British Energy Group Plc (BGY LN): The company appointed Gleacher Shacklock LLP as an independent financial adviser on a takeover bid from Electricite de France SA, the Daily Telegraph said, citing unidentified people familiar with the matter. The stock rose 9.5 pence, or 1.3 percent, to 715.5.

BTG Plc (BGC LN): The maker of the experimental varicose vein treatment Varisolve is issuing a trading statement. The stock added 6.5 pence, or 4 percent, to 168.75.

Cable & Wireless Plc (CW/ LN): The company is deciding whether to transfer about 1 billion pounds ($2 billion) of risks associated with its pension plan, the Times of London reported, without saying where it obtained the information. The shares fell 2.7 pence, or 1.8 percent, to 151.

Hochschild Mining Plc (HOC LN): Peru's second-largest silver producer is releasing a trading statement. The shares declined 19.5 pence, or 6.3 percent, to 289.5.

J.D. Wetherspoon Plc (JDW LN): The owner of almost 700 pubs is releasing a trading statement. The shares declined 1.25 pence, or 0.7 percent, to 174.75.

Land Securities Group Plc (LAND LN): The U.K.'s largest real-estate investment trust is releasing a trading statement. The stock fell 47 pence, or 3.9 percent, to 1,154.

Luminar Group Holdings Plc (LMR LN): The U.K.'s biggest nightclub owner is issuing a trading statement. The shares fell 8 pence, or 4 percent, to 192.

Playtech Ltd. (PTEC LN): The U.K. developer of gambling software for PartyGaming Plc and Paddy Power Plc is issuing a trading statement. The stock retreated 14.5 pence, or 2.8 percent, to 495.

Rio Tinto Group (RIO LN): The world's third-largest mining company is issuing a trading statement. The shares fell 237 pence, or 4.3 percent, to 5,220.

Wolseley Plc (WOS LN): The world's biggest distributor of plumbing and heating equipment is releasing a trading statement results. The shares declined 10 pence, or 3.33 percent, to 290.25.

To contact the reporter on this story: Lenka Ponikelska in London lponikelska1@bloomberg.net


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