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EasyJet, M&S, Rolls-Royce: U.K., Irish Equity Preview

(Corrects to show Marks & Spencer is the U.K.’s largest clothing retailer.)

April 6 (Bloomberg) -- 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 benchmark FTSE 100 Index fell 9.92 points, or 0.2 percent, to 6,007.06. The FTSE All-Share Index retreated 0.2 percent while Ireland’s ISEQ Index dropped 0.1 percent.

Anglesey Mining Plc (AYM LN): Labrador Iron Mines Holdings, the associate of the metals explorer in the U.K. and Canada, entered into an underwriting agreement with a syndicate led by Canaccord Genuity Corp. to sell 8 million shares at C$12.50 ($12.97) apiece and 666,700 flow-through shares at C$15 apiece, for total proceeds of C$110 million. Anglesey’s shares dropped 9.4 percent to 75 pence.

BP Plc (BP/ LN): The oil producer will invest almost $2 billion this year in alternative energy, more than the London-based company has previously stated, said Katrina Landis, chief executive of the company’s low-carbon unit. The shares climbed 1.2 percent to 474.85 pence.

BT Group Plc (BT/A LN): Britain’s largest phone company’s pricing for access to fiber lines in its high-speed network may harm U.K. government plans for broadband rollout to rural areas and undermine competition, rivals including Virgin Media Inc. and TalkTalk Telecom Group Plc. said in a letter to the government. The stock gained 0.4 percent to 190.4 pence.

EasyJet Plc (EZJ LN): The airline reported a 12 percent increase in March passenger traffic to 4.44 million from a year earlier. The shares fell 0.2 percent to 325.8 pence.

Guinness Peat Group Plc (GPG LN): The London-based investor said Rob Campbell has been appointed as chairman to replace Mark Johnson who steps down as a director and as chairman, effective immediately. The stock advanced 0.7 percent to 37.75 pence.

Marks & Spencer Group Plc (MKS LN): The U.K.’s largest clothing retailer reported a 2.3 percent increase in group sales for the fourth quarter. Quarterly like-for-like sales for U.K. general merchandise were down 3.9 percent, compared with the average analyst estimate for a 6 percent decline. The shares dropped 0.6 percent to 340.2 pence.

Misys Plc (MSY LN): The company reported a 34 percent gain in new orders in the third quarter ended Feb. 28 to 49 million pounds ($80 million), led by a 56 percent gain in global services. The shares gained 0.4 percent to 326 pence.

Rolls-Royce Group Plc (RR/ LN): Daimler AG and Rolls-Royce have started their public tender for Tognum AG, pressing ahead with their original offer even as the stock hovers above the bid level.

Separately, Rolls-Royce said it won an order from Norwegian Air Shuttle ASA for Trent 1000 engines to power nine Boeing Co. 787 Dreamliner aircraft. The shares fell 0.4 percent to 627 pence.

Shire Plc (SHP LN): The drugmaker said its Shire LLC unit has filed a lawsuit in the U.S. District Court for the Southern District of New York against Watson Pharmaceuticals Inc. for alleged infringement of Shire’s Adderall patents. The shares lost 0.5 percent to 1,811 pence.

To contact the reporters on this story: Blanche Gatt in London at bgatt@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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