Inmarsat, Paddy Power, SABMiller: 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 (UKX) declined 14.70 points, or 0.2 percent, to 5,990.39. The FTSE All-Share Index (ASX) fell 0.1 percent and Ireland’s ISEQ Index (ISEQ) dropped 0.4 percent.

Allied Irish Banks Plc (ALBK) : The Dublin-based government-controlled lender is proposing to Ireland’s central bank that it be split into core and non-core operations, the Sunday Business Post reported. The shares fell 2 percent to 24 euro cents.

BAE Systems Plc (BA/) : Europe’s largest defense company has offered to sell supersonic Typhoon jets capable of landing on aircraft carriers to the Indian navy, the Mail on Sunday reported. The stock declined 1 percent to 324.3 pence.

BP Plc (BP/) : TNK-BP’s board delayed a vote on replacing BP in an alliance with OAO Rosneft for a second week, as directors from the U.K. explorer and an independent member asked for more time to study proposals, the venture said. Meanwhile, Russian Prime Minister Vladimir Putin said TNK-BP may be able to work on Russia’s Arctic shelf if it makes an appropriate proposal to OAO Gazprom or OAO Rosneft. The shares rose 0.5 percent to 493.9 pence.

British Sky Broadcasting Plc (BSY) : The U.K.-based pay television operator’s biggest shareholders are negotiating an increase in the price Rupert Murdoch’s News Corp. may have to pay for the 61 percent of the broadcaster it doesn’t control, the Observer reported. The stock gained 0.2 percent to 825 pence.

DCC Plc (DCC) : The Irish distributor of goods from heating oil to computer games’ energy unit has made an offer for Total SA’s U.K. assets, including 800 gas stations and one of England’s largest heating oil suppliers, the Sunday Times said, without saying where it got the information. The shares advanced 1.4 percent to 23.52 euros.

HSBC Holdings Plc (HSBA LN): Europe’s biggest bank prefers to keep its headquarters in London and said reports of an “imminent change” are speculative, Chairman Douglas Flint and Chief Executive Officer Stuart Gulliver said. The stock declined 1.5 percent to 652.5 pence.

Inmarsat Plc (ISAT) : The biggest provider of satellite services to the maritime industry is close to naming a successor to Chief Executive Officer Andrew Sukawaty, the Sunday Times reported, without saying where it got the information. The company said full-year pretax profit rose 69 percent to $333.5 million. The shares retreated 0.2 percent to 684.5 pence.

Intertek Group Plc (ITRK) : The world’s largest consumer-goods testing company said full-year revenue rose to 1.37 billion pounds ($2.23 billion) from 1.24 billion pounds a year earlier. The shares gained 0.3 percent to 1,899 pence.

London Stock Exchange Group Plc (LSE) : The U.K. market operator is considering making a takeover bid for Nasdaq OMX Group Inc. later this year after it completes a merger with Toronto Stock Exchange owner TMX Group Inc., the Sunday Times reported. The stock retreated 0.5 percent to 889.5 pence.

Michael Page International Plc (MPI) : The U.K.’s second-biggest recruitment company said full-year revenue rose 15 percent to 832.3 million pounds. The stock gained 1.8 percent to 535.5 pence.

National Grid Plc (NG/) : Unions at the owner of the U.K.’s high-voltage power grid are considering an improved salary offer from Chief Executive Officer Steven Holliday, according to the Independent on Sunday. The shares advanced 0.1 percent to 572 pence.

Paddy Power Plc (PAP) : Ireland’s biggest bookmaker said operating profit rose 56 percent to 103.8 million euros in the year ended Dec. 31. The company said 2011 has started “well,” with gross win up 38 percent. The stock rose 0.5 percent to 29.40 pence.

Park Plaza Hotels Ltd. (PPH) : David Buddemeyer’s Driftwood Hospitality Management is in talks to buy London’s Riverbank hotel from Park Plaza Hotels Ltd. for 150 million pounds, the Sunday Times reported, without saying where it got the information. The stock rose 2 percent to 153 pence.

Petrofac Ltd. (PFC) : The U.K. oilfield services and engineering provider said full-year profit rose 58 percent to $557.8 million in 2010. The shares jumped 3.2 percent to 1,466 pence.

Punch Taverns Plc (PUB) : The chairman of Punch Taverns Plc will step down ahead of a strategic review of the company’s business, the Times reported, citing unidentified people. The shares gained 1.6 percent to 68.15 pence.

Royal Bank of Scotland (RBS LN): Abu Dhabi’s royal family held talks with senior advisers about buying stakes in Royal Bank of Scotland or Lloyds Banking Group Plc, the Financial Mail on Sunday reported. The stock dropped 1.3 percent to 44.06 pence.

SABMiller Plc (SAB) : China Resources Snow Brewery, a joint venture between SABMiller and China Enterprises, is increasing prices by 10 percent to compensate for raw-material and business costs, the Financial Times reported. The shares fell 0.8 percent to 2,073.5 pence.

Songbird Estates Plc (SBD) : Canary Wharf Group Plc is in advanced talks to build a London headquarters for Europe’s medicines regulator, the Sunday Times reported, without saying where it got the information. The stock climbed 4.6 percent to 141.5 pence.

Tesco Plc (TSCO) : The world’s fourth-largest retailer is expected to move into the second-hand car market by partnering with online dealership carsite.co.uk in a venture to be chaired by Trevor Chinn, the Financial Mail on Sunday reported, without saying where it got the information. The shares declined 0.1 percent to 401.75 pence.

Xstrata Plc (XTA LN): The mining company was raised to “neutral” from “underweight” at HSBC Holdings Plc. (HSBA) The shares slipped 0.8 percent to 1,425 pence.

To contact the reporter on this story: Blanche Gatt in London at bgatt@bloomberg.net; Julie Cruz in Frankfurt at jcruz6@bloomberg.net;

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

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