UPDATE 1-UK Stocks-Factors to watch on Feb 10

By Reuters / February 10, 2017 / in.investing.com / Article Link

(Adds futures, company news item)

Feb 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 23 points at 7,252 on Friday, according to financial bookmakers, with futures FFIc1 up 0.3 percent ahead of the cash market open.

* The UK blue chip index was up 0.6 percent at 7,229.50 points at the market close, underperforming the pan-European STOXX 600 .STOXX index on Thursday, as insurance and banking stocks picked up pace, while miners weighed. RB: Reckitt Benckiser RB.L has agreed to buy U.S. infant formula maker Mead Johnson Nutrition MJN.N for $16.6 billion, its biggest deal ever and opening up a new market area for the British consumer goods company. JUST EAT: The chief executive of Just Eat JE.L , the online food delivery company, is to quit due to "urgent family matters", prompting the chairman to step into his role on a temporary basis, it said on Friday. NATIONWIDE: Britain's Nationwide Building Society POB_p.L said that pretax profit for the first nine months of its financial year fell by 16 percent year on year as increasing competition and low interest rates continued to pressure earnings. LLOYDS: Lloyds Banking Group LLOY.L is the latest bank to join a new British cyber security group for banks called the Cyber Defence Alliance (CDA), sources with direct knowledge of the matter told Reuters. BHP: Workers at BHP Billiton's BHP.AX , BLT.L Escondida copper mine in Chile, the world's largest, walked off the job on Thursday in a strike that threatens to disrupt the international supply of the widely used metal. RBS: Royal Bank of Scotland RBS.L has rejected calls to beef up a 400 million pound ($502 million) scheme to reimburse customers who say they were mistreated by the bank's business restructuring division. BAE: A group of companies including subsidiaries of BAE Systems BAES.L , Northrop Grumman Corp (NYSE:NOC) NOC.N , Science Applications International Corp SAIC.N , Teledyne Technologies Inc TDY.N and KBR Inc KBR.N will share in a $3.04 billion missile defense contract, the Pentagon said on Thursday. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

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