ARM, Glencore, Rio Tinto, Vedanta: U.K., Irish Equity Preview

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

The FTSE 100 Index gained 57.88 points, or 1 percent, to 5,938.87. The FTSE All-Share Index rose 1 percent to 3,094.62, while Ireland’s ISEQ fell 0.4 percent to 2,956.28.

ARM Holdings Plc (ARM) : The owner of chip technology used in Apple Inc. (AAPL US) iPhones expects to have 50 percent share of the mobile-device market by 2015, President Tudor Brown said in Taipei. The shares gained 1.4 percent to 572.5 pence.

Barclays Plc (BARC) : The second-biggest U.K. bank by assets would be interested in buying a Spanish saving bank if it received Spanish government guarantees against losses on the loan portfolio, the Sunday Times reported, without saying where it got the information. The stock advanced 1.5 percent to 275.25 pence.

BP Plc (BP/) : The London-based oil producer’s Russian joint venture, TNK-BP, is considering a bid for ConocoPhillips Vietnamese assets, which may be valued at as much as $1.5 billion, the Independent on Sunday reported, without saying where it got the information. The shares fell 0.3 percent to 459.65 pence.

Glencore International Plc (GLEN LN): Investor Relations Manager Nicholas Bias has left the world’s largest commodities trader, which conducted an initial public offering of shares in May, less than four months after starting in the role, according to a person with knowledge of the matter. The shares gained 0.4 percent to 523.7 pence.

Lloyds Banking Group Plc (LLOY) : The bank plans to sell its German life insurance company, Heidelberger Leben, according to a person with knowledge of the lender’s plans. The shares climbed 2.8 percent to 52.76 pence.

Lonmin Plc (LMI) : The world’s third-largest platinum producer resumed “limited production” at its Karee operations in South Africa after it fired workers following an illegal strike. The stock gained 2.5 percent to 1,572 pence.

Pace Plc (PIC) : Allan Leighton, the former chief executive officer of Asda and former chairman of Royal Mail, will be named chairman of the world’s biggest maker of digital television set-top boxes, Sky News reported on its website, without saying where it got the information. The shares fell 1.2 percent to 114.9 pence.

Reckitt Benckiser Group Plc (RB/) : The maker of Lysol cleaners may sell the personal-care unit it acquired when buying India’s Paras Pharmaceuticals last year, the Business Standard said, citing sources it didn’t identify. The stock declined 0.2 percent to 3,392 pence.

Rio Tinto Group (RIO LN): The world’s third-largest mining company signed an agreement with Xiangtan Electric Manufacturing Corp. to purchase mining trucks from the Chinese company, according to an e-mailed statement. The shares advanced 2.9 percent to 4,267 pence.

Rolls-Royce Group Plc (RR/) : The world’s second-largest maker of jet engines is bidding on a $2.5 billion contract to build turbine engines for Petroleo Brasileiro SA as part of a plan to expand in Latin America, the Financial Times reported. The shares gained 1.1 percent to 630 pence.

Royal Dutch Shell Plc (RDSA) : Iraq gave Royal Dutch Shell until next week to come to terms on a $12.5 billion natural-gas project and said it will sign an agreement in two days with Korea Gas Corp. to develop the Akkas field.

Separately, Royal Dutch Shell Plc signed a framework agreement with PetroChina Co.’s Xinjiang oilfield, the official Xinhua News Agency reported, without giving further details. The shares advanced 0.3 percent to 2,134 pence.

Sage Group Plc (SGE) : The U.K. software maker has begun a review of its health-care division that may lead to a sale, the Sunday Times reported, without saying where it got the information. The stock gained 1.4 percent to 286.7 pence.

Vedanta Resources Plc (VED) : The London-based miner may accept the Indian government’s conditions for approving its planned $9.4 billion bid for control of Cairn India Ltd. as high crude oil prices make the deal attractive, investors said. The stock jumped 3.7 percent to 2,169 pence.

-- Editor: Nick Baker

To contact the reporter on this story: Blanche Gatt in London at bgatt@bloomberg.net

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

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