CSC, Sports Direct, Taylor Wimpey May Move: 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.
BP Plc (BP/ LN): The U.S. sued units of BP Plc and four other companies, saying they violated environmental laws in the largest offshore oil spill in the country’s history. The shares rose 0.7 percent to 476.55 pence.
Capital Shopping Centres Group Plc (CSCG LN): Simon Property Group Inc. said it expects the British shopping mall owner, which rejected a buyout bid from the U.S. company as inadequate, to provide the due diligence information so Simon can make a formal offer. The shares surged 4.9 percent to 415.6 pence.
Chrysalis Group Plc (CHS LN): The music publisher founded by Chris Wright said full-year “normalized” pretax profit increased to 1.6 million pounds from 500,000 pounds and the company urged investors to accept a cash offer for the company. The stock was unchanged at 158.5 pence.
Segro Plc (SGRO LN): The company said David Sleath will succeed Ian Coull as chief executive officer. The shares gained 0.3 percent to 296.6 pence.
Sports Direct International Plc (SPD LN): The clothing retailer controlled by Mike Ashley said pretax profit rose 73 percent to 100 million pounds in the 26 weeks ended Oct. 24. The shares rose 0.4 percent to 146 pence.
Taylor Wimpey Plc (TW/ LN): The U.K.’s second-largest homebuilder by volume said it cut borrowing costs by refinancing 1.3 billion pounds ($2 billion) of debt. The stock fell 4.2 percent to 27.33 pence.
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