LONDON, Feb 5 (Reuters) - Britain's FTSE 100 index is seen opening 3
to 8 points higher, or up as much as 0.1 percent, on Tuesday, according to
financial bookmakers. For more on the factors affecting European stocks, please
* Britain's top share index suffered its biggest one-day fall in three
months on Monday, closing down 100.40 points, or 1.6 percent, at 6,246.84
points, as growing political uncertainty in continental Europe and a string of
analyst downgrades sparked a wave of profit taking from 4-1/2-year highs.
* On the macro economic data front, UK January services PMI data, due at
0928 GMT, is expected to remain in contraction territory although improving to
49.5 from 48.9, where readings below 50 mark contractionary environment.
* ANGLO AMERICAN : The miner will report an underlying loss in
respect of Anglo American Platinum of $225 million in its annual
results due out next week, according to the Telegraph.
* ROYAL DUTCH SHELL : The Anglo-Dutch oil major's Indian unit will
challenge a claim by the local tax authorities that a share sale to its overseas
parent in 2009 was undervalued by $2.7 billion, the latest tax conflict
involving a foreign company in India.
* BP : Fourth quarter profits from the shrinking British oil company
beat analysts expectations on Tuesday thanks in part to a record performance
from its refining division as a trial in the U.S. over its 2010 U.S. Gulf oil
spill looms later in February.
The oil major is likely to face a year or more of uncertainty over the cost
of the 2010 Deepwater Horizon disaster as any decision on civil penalties and
environmental damages is not expected to come until next year, according to the
* BG GROUP : The British oil and gas company posted a 29 percent drop
in quarterly earnings, hurt by a one-off tax credit, and said that it will miss
its target of producing more than 1 million barrels of oil per day by 2015.
* BARCLAYS : The UK lender said on Tuesday it had increased the
provisions it needed to cover the mis-selling of interest rate hedging products
(IRHP) and payment protection insurance (PPI) schemes.
ARM : The British chip designer reported a better-than-expected 16
percent rise in pretax profit in the fourth quarter as it rode the wave of
soaring sales of smartphones and tablets, nearly all of which contain its
* LSE : SGX, the Singapore stock exchange, is in talks to
buy a stake in clearing house LCH.Clearnet. The Asian exchange may participate
in the London Stock Exchange Group's purchase of LCH or buy a separate
stake, according to the Financial Times.
* QINETIQ : The technology and support services firm said in a trading
update it is keeping its full-year outlook unchanged but says the U.S. is still
* TALKTALK : The communications firm says it sees full-year results
inline with expectations although third-quarter revenue fell year-on-year to 415
million pounds from 422 million pounds.
* VICTREX : The British high-tech plastics firm reported group sales
volume for the four months to January was 2 percent ahead of the same period
* HUNTSWORTH : The public relations and consultancy group's rigorous
action on costs will deliver a double digit improvement in group profitability
for 2012 and management expects to meet its expectations for 2012.
TODAY'S UK PAPERS
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