By Ben Martin
Oct. 26 (Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in U.K. and Irish markets today. Stock symbols are in parentheses and prices are from the last market close.
The benchmark FTSE 100 Index climbed 35.21, or 0.7 percent, to 5,242.57. The FTSE All-Share Index rose 0.6 percent and Ireland’s ISEQ Index fell 1.1 percent.
Allied Irish Banks Plc (ALBK ID): Directors from Ireland’s second-biggest lender proposed appointing a panel of external senior managers to overcome government opposition to the appointment of Colm Doherty as chief executive officer, the Sunday Tribune said. The stock remained unchanged at 2.495 euros.
Bank of Ireland Plc (BKIR ID): The bank won’t hold a rights offer until at least the first quarter of 2010 because of delays to the legislation setting up the government’s so-called bad bank, the Sunday Tribune said. The stock fell 2 cents, or 0.8 percent, to 2.55 euros.
BP Plc (BP/ LN): Europe’s second-biggest oil company’s incoming chairman Carl-Henric Svanberg said he plans a boardroom shuffle as part of wider changes at the oil company, the Sunday Times reported. The shares remained unchanged at 565 pence.
British Airways Plc (BAY LN): Europe’s third-biggest carrier may have to sell takeoff and landing slots alongside AMR Corp.’s American Airlines and Iberia Lineas Aereas de Espana SA, in order to appease European regulators concerning the three carriers’ planned global tie-up, the Financial Times reported, citing documents it has seen. The stock rose 0.3 pence, or 0.14 percent, to 209.8 pence.
Cable & Wireless Plc (CW/ LN): The U.K.’s second-biggest fixed-line phone company may say as early as Nov. 5 that it has revived plans for a 3.6 billion-pound de-merger a year after shelving the idea, The Sunday Times reported. The stock dropped 2.6 pence, or 1.8 percent, to 141 pence.
Centrica Plc (CNA LN): Britain’s biggest energy supplier plans to sell its stake in the world’s biggest wind farm for about 400 million pounds, raising cash for investments in gas storage projects, new nuclear plants and offshore wind farms, the Sunday Times reported. The shares declined 2.8 pence, or 1.2 percent, to 241.2 pence.
Chime Communications Plc (CHW LN): The public relations company chaired by former U.K. Prime Minister Margaret Thatcher’s former media adviser is close to completing the purchase of rival public relations company Pelham PR, the Independent on Sunday reported. The stock advanced 7 pence, or 3.4 percent, to 211 pence.
Goldshield Group Plc (GSD LN): Midas Bidco said it increased its cash offer for the U.K. drugmaker to 485 pence a share. The shares fell 1 pence, or 0.2 percent, to 477.25 pence.
ICAP Plc (IAP LN): The world’s largest broker of trades between banks said one of its units received a so-called Wells notice stating the Securities and Exchange Commission is recommending enforcement action against it for possible violations of federal securities laws. The stock declined 1.8 pence, or 0.4 percent, to 454.5 pence.
Legal & General Group Plc (LGEN LN): The U.K.’s second- largest insurer by assets’ private equity unit plans to sell forensic science group LGC for 200 million pounds, the Sunday Telegraph reported. The shares remained unchanged at 84.8 pence.
Lloyds Banking Group Plc (LLOY LN): Britain’s largest mortgage lender is likely to sound out investors on a 22.5 billion-pound investment package as soon as this week, according to a person with knowledge of the matter. The stock rose 1.43 pence, or 1.5 percent, to 96.23 pence.
McBride Plc (MCB LN): Europe’s largest supplier of store- brand household goods to supermarkets is scheduled to release an interim management statement. The shares fell 5.3 pence, or 2.6 percent, to 200.7 pence.
Petroceltic International Plc (PCI ID): The Dublin-based oil and gas explorer is seeking a partner to help finance exploration at an Italian oilfield, the Independent on Sunday reported. The stock rose 3 cents, or 16.7 percent, to 21 cents.
Royal Bank of Scotland Group Plc (RBS LN): Britain’s biggest government-owned bank may receive billions of pounds from the U.K. government to make up for a cut in the level of potentially toxic assets the lender will protect under a state insurance program, the Times said.
RBS plans to reduce reliance on the government’s asset- protection program, the Financial Times said. The shares advanced 1.57 pence, or 3.5 percent, to 47.08 pence.
Ryanair Holdings Plc (RYA ID): Europe’s largest low-cost airline may freeze pay for workers until 2012, the Sunday Tribune reported. The stock fell 2 cents, or 0.6 percent, to 3.22 euros.
Standard Life Plc (SL/ LN): The U.K.’s third-biggest insurer is considering selling its Canadian insurance business, The Independent reported without saying how it got the information. The shares climbed 2.5 pence, or 1.1 percent, to 230.3 pence.
Tate & Lyle Plc (TATE LN): Savola Al Azizia United Co., Saudi Arabia’s second-largest food producer, signed a memorandum of understanding to buy Tate & Lyle’s stakes in sugar refineries in the kingdom and in Egypt. The stock fell 4 pence, or 0.9 percent, to 456 pence.
Tullett Prebon Plc (TLPR LN): The London-based firm that matches securities trades between banks sued competitor BGC Partners Inc., seeking at least $1 billion in damages for allegedly raiding its brokers around the globe. The shares climbed 4.6 pence, or 1.1 percent, to 407.8 pence.
To contact the reporter on this story: Ben Martin in London at bmartin38@bloomberg.net.
Last Updated: October 25, 2009 23:54 EDT
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