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UPDATE 1-UK Stocks-Factors to watch on Wednesday, Nov 21

Source : REUTERS
Last Updated: Wed, Nov 21, 2012 07:40 hrs

LONDON, Nov 21 (Reuters) - Britain's FTSE 100 index is seen opening 18 to 19 points, or 0.3 percent, lower on Wednesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

* The UK blue chip index closed 10.44 points, or 0.2 percent, higher at 5,748.10 in the previous session, helped by the completion of the long-awaited takeover of miner Xstrata by commodities trader Glencore.

* JOHNSON MATTHEY : The world's largest supplier of catalytic converters posted a 6 percent dip in first-half profit, helped by auto catalyst sales, but warned of a tougher second half for its closely watched truck segment.

* DAILY MAIL AND GENERAL TRUST, TRINITY MIRROR : Daily Mail has agreed to sell its regional titles to a new company led by tabloid veteran David Montgomery in the biggest shake up to the British newspaper market for years.

* HALFORDS GROUP : British bicycles-to-car-parts group Halfords posted a 23 percent slump in first half profit as a better second quarter sales performance failed to offset a poor start to the year.

* Greece's international lenders failed for the second week running to agree how to get the country's debt down to a sustainable level and will have a third go at resolving their most intractable problem in six days' time.

* CUPID : Buyers came in for the online dating website firm on Tuesday amid gossip that U.S. internet giant ActiveCorp, whose subscription-based online dating services take in lovelandseek.com, Match.com, uDate.com and Chemistry.com, could be ready to pounce with a bid of around 250 million pounds, or 300 pence a share, according to the Daily Mail market report.

* London copper slipped for a second day on Wednesday as comments by the Federal Reserve Chairman renewed U.S. "fiscal cliff" worries, while traders moved to the sidelines ahead of global manufacturing figures later this week.

* Brent crude was steady near $110 per barrel after an early rise spurred by fears of supply disruption from the Middle East as clashes raged between Palestinians and Israelis, despite overnight truce talks.

* FRENCH CONNECTION : The company says its third quarter like-for-like revenue was flat.

* GEMFIELDS : The company proposes to acquire of Faberg, valued at approximately $142 million.

* JD SPORTS FASHION : The company says it is on track to meet expectations.

* COMPASS : The company says its FY profit was up 9 percent and it is confident for 2013.

* UK MAIL GROUP : The company says H1 group revenue rose 11.9 percent to 225.7 million sterling.

TODAY'S UK PAPERS

> Financial Times

> Other business headlines Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit* BridgeStation: view story .134(Reporting by Atul Prakash)




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