Aberdeen, G4S, Glaxo, Kingfisher, Tui Travel: U.K., Irish Equity Preview

The following is a list of companies whose shares may have unusual price changes in U.K. and Irish markets. Stock symbols are in parentheses and prices are from the last market close.

The benchmark FTSE 100 Index gained 114.2, or 2.1 percent, to 5,642.5. The FTSE All-Share Index rose 2 percent, while Ireland’s ISEQ Index advanced 1.8 percent.

Aberdeen Asset Management Plc (ADN LN): Citigroup Inc. raised its recommendation for the U.K.’s biggest independent fund manager to “buy” from “hold.” The shares rallied 3.3 percent to 184.9 pence.

Britvic Plc (BVIC LN): The maker of Tango soda and Robinson’s fruit drinks reported a full-year loss of 48.2 million pounds ($75 million). The stock rose 0.3 percent to 490.6 pence.

G4S Plc (GFS LN): BofA Merrill Lynch Global Research raised its recommendation for the security-services company to “buy” from “neutral.” The stock rose 0.5 percent to 239.1 pence.

GlaxoSmithKline Plc (GSK LN): The U.K.’s biggest drugmaker may be near a deal to acquire China’s Meirui Pharma Co., the Wall Street Journal reported, citing people familiar with the matter.

Separately, Glaxo failed to win a U.S. panel’s backing for expanded use of its enlarged-prostate therapy Avodart. U.S. regulators also rejected its experimental epilepsy drug for “nonclinical’ reasons. The shares advanced 1.6 percent to 1,231 pence.

Kingfisher Plc (KGF LN): Europe’s largest home-improvement retailer said sales at the U.K. B&Q chain fell in the third quarter amid a decline in housing-related spending. The shares gained 1.2 percent to 237.8 pence.

Petrofac Ltd. (PFC LN): Goldman Sachs Group Inc. raised its recommendation for the oil services company to ‘‘buy” from “neutral.” The firm downgraded rival John Wood Group Plc (WG/ LN) to “neutral” from “buy.” The stocks rallied 4.2 percent to 1,450 pence and 6.6 percent to 497.4 pence, respectively.

Rolls-Royce Group Plc (RR/ LN): Australia’s aviation regulator recommended Rolls-Royce address a “critical safety issue” in its Trent 900 engines after an explosion last month on an Airbus SAS A380 aircraft flown by Qantas Airways Ltd. The shares climbed 1.6 percent to 618.5 pence.

Royal Dutch Shell Plc (RDSA LN): Europe’s biggest oil company declared force majeure on ethylene Nov. 30 after a ruptured steam line caused the shutdown of an ethylene unit at its Norco chemical plant in Louisiana. The shares advanced 2.7 percent to 1,989 pence.

TUI Travel Plc (TT/ LN): Europe’s largest tour operator said full-year statutory loss widened to 104 million pounds from 67 million pounds in the previous year, as a volcanic eruption in Iceland disrupted travel. The stock rose 1.6 percent to 214.4 pence.

To contact the reporters on this story: Jack Jordan in London at jjordan22@bloomberg.net; Sarah Jones in London at sjones35@bloomberg.net.

To contact the editor responsible for this story: Colin Keatinge at ckeatinge@bloomberg.net.

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