(Adding company news items, futures)
April 6 Britain's FTSE 100 index is seen opening down 67
points at 7,264 on Thursday, according to financial bookmakers, with futures
down 0.7 percent ahead of the cash market open.
* UNILEVER: Unilever said on Thursday it will exit its spreads
business, increase its margin targets, raise its dividend and review its
dual-headed legal structure, as it aims to prove it can deliver near-term growth
on its own, following its swift rejection in February of a takeover proposal by
* GULF KEYSTONE: Gulf Keystone Petroleum, an oil producer in Iraq's
Kurdistan region, cut its annual pretax loss to $17 million last year after a
debt-for-equity deal saved it from going under.
* CO-OPERATIVE GROUP: Britain's Co-operative Group, the
mutually-owned supermarkets to funeral services group, on Thursday wrote off the
value of its stake in the struggling Co-operative Bank.
* SHELL: Royal Dutch Shell sold its stake in a New Zealand gas
field while taking over the field's operating company as part of a plan to
possibly divest its holdings in the country later on, the company said Thursday.
* TESCO: UK retailer Tesco Plc is cutting night shifts for shelf
stackers in some of its supermarkets in a fresh shakeup that puts 3,000 jobs at
risk, The Guardian reported on Wednesday. bit.ly/2oDltUd
* ARAMCO-LSE IPO: British Prime Minister Theresa May and the chief of the
London Stock Exchange (LSE) pitched investments in Britain to the head
of Saudi Arabia's sovereign wealth fund on Wednesday during a two-day visit to
* OIL: Oil prices fell on Thursday as record U.S. crude inventories
underscored that crude markets remain bloated, despite efforts led by OPEC to
cut output and prop up prices.
* EX-DIVS: Aviva, GKN, Hikma, Lloyds, Next
, Paddy Power Betfair, Pearson, Rentokil Initial
, St James's Place, Smiths Group and Wolseley
will trade without entitlement to their latest dividend pay-out on Thursday,
trimming 11.75 points off the FTSE 100 according to Reuters calculations
* The UK blue chip FTSE 100 index ended up 0.1 percent at 7,331.68
points on Wednesday, extending gains from the previous session as heavyweight
mining and oil stocks rallied, while support services firm DCC also
gained after agreeing to buy a business in Hong Kong and Macau.
* For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
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(Reporting by Siju Varghese; Editing by Sherry Jacob-Phillips)