UPDATE 2-UK Stocks-Factors to watch on Aug 14

(Adds company news items)

Aug 14 (Reuters) – Britain’s FTSE 100 index is expected to open 21 points higher at 7,272 on Wednesday, according to financial bookmakers, with futures up 0.2% ahead of the cash market open.

* BALFOUR BEATTY: British infrastructure company Balfour Beatty Plc reported higher first-half underlying pretax profit and increased its annual cash forecast on Wednesday, buoyed by lower costs and higher margin projects.

* AVAST: Cybersecurity company Avast said revenue growth for the year would be at the upper end of its high, single digit percentage range after a strong first half, driven by demand for products like VPN and AntiTrack that help secure users’ privacy.

ADMIRAL: British insurer Admiral on Wednesday posted a 4% rise in pretax profit in the first half of the year, driven by strong performance in its UK business.

* STANDARD CHARTERED: Standard Chartered is targeting growing its private

... read more at: https://www.reuters.com/article/britain-stocks-factors/update-2-uk-stocks-factors-to-watch-on-aug-14-idUSL4N25A1TO


Leave a Reply