BP, Brit Insurance, Tullett Prebon: U.K., Irish Equity Preview

The benchmark FTSE 100 Index is poised to open 70 points higher today, according to inter-dealer broker BGC Partners. The gauge fell 3.05, or less than 0.1 percent, to 5,250.84 June 18. The FTSE All-Share Index rose less than 0.1 percent and Ireland’s ISEQ Index climbed 0.5 percent June 18.

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.

AstraZeneca Plc (AZN LN) The U.K.’s second-largest drugmaker will pay $103 million to settle claims it overcharged for some medicines in the U.S., court records show. The shares fell 0.5 percent to 3,068 pence.

Allied Irish Banks Plc (ALBK ID): The lender is seeking to sell Goodbody Stockbrokers to Fexco, a closely held financial-services company, the Sunday Business Post said, without citing anyone. The stock climbed 10 percent to 1.11 euros.

BP Plc (BP/ LN): The company said the cost of the response to the Gulf of Mexico oil spill has reached about $2 billion.

Separately, the Sunday Times reported that the oil company is seeking to raise $50 billion to cover the cost of the spill, without saying where it got the information. The shares fell 0.6 percent to 357.45 pence.

Brit Insurance Holdings NV (BRE LN): Apollo Global Management LLC will raise its 770 million-pound ($1.15 billion) offer for Brit Insurance Holdings NV this week, the Sunday Times reported, without saying where it got the information. The stock rose 0.5 percent to 925 pence.

Domino Printing Sciences Plc (DNO LN): The producer of ink and laser equipment to make bar codes said underlying pretax profit rose 65 percent to 25.1 million pounds in the six months ended April 30. The shares advanced 4.7 percent to 465 pence.

Kewill Plc (KWL LN): The U.K. logistics company whose software is used by FedEx Corp. said operating profit in the year to March 31 rose 30 percent to 2.6 million pounds while revenue increased 6 percent to 56.3 million pounds. The stock declined 3.7 percent to 118 pence.

Marks & Spencer Group Plc (MKS LN): The U.K.’s largest clothing retailer will delay naming its new chairman until September, the Financial Times reported, citing unidentified people familiar with the situation. The shares climbed 1.9 percent to 351.6 pence.

Prudential Plc (PRU LN): Fidelity Investments will demand that Prudential Chairman Harvey McGrath resign at a meeting today, the Sunday Times reported, citing people close to the situation it didn’t identify. The stock advanced 0.2 percent to 566 pence.

Shed Media Plc (SHDP LN): The U.K. TV producer behind Footballers’ Wives and Supernanny said it is in talks with Warner Bros Entertainment Inc., a subsidiary of Time Warner Inc. There is no certainty an offer will be made nor as to the terms of any offer, Shed Media said in a statement today. Shed Media last traded on June 16 when it was unchanged at 78 pence.

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