UPDATE 1-UK Stocks-Factors to watch on May 3

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds news items, updates futures) May 3 (Reuters) - Britain's FTSE 100 index is seen opening higher on Wednesday, with futures up 0.4%.



* COCA COLA: Coca-Cola HBC AG forecast full-year profit growth to be at the


top end of its guidance, aided by robust demand for its soft drinks and executed price increases.



* HALEON: Haleon , the world's biggest standalone consumer health business, reported first-quarter profit


below analyst expectations.



* BARRATT: Barratt Developments said on Wednesday it expected its full-year profit to be


in line with market forecasts as it became the latest major British housebuilder to retain its annual build target.



* LLOYDS: Lloyds Banking Group beat profit expectations for the first quarter, as the bellwether lender was buoyed by interest rate rises despite Britain's tough economic outlook.



* OSB: British lender OSB Group Plc raised its full-year outlook for underlying net loan book growth to 7% from about 5% earlier, aided by a rise in interest rates and a revival in demand for mortgage loans.


* CINEWORLD: Bankrupt movie theater chain Cineworld received U.S. court approval on Tuesday to raise $2.26 billion as part of its exit from bankruptcy, after reaching a settlement with a minority faction of lenders that had opposed parts of the exit financing.
* LSE: Britain's stock market rules could be radically simplified as part of efforts to lure major company listings to London, under detailed plans unveiled by the country's financial watchdog on Tuesday.
* London's FTSE 100 reversed early gains to end Tuesday lower as a slump in energy firms outweighed strong earnings from Europe's biggest lender, HSBC, in the first quarter.




* For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines (Reporting by Muhammed Husain in Bengaluru)

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