UK Stocks-Factors to watch on Oct 11
Adds new items, updates futures
Oct 11 -Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.1%.
* BP: BP BP.L said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous three months.
* SAGA: British holiday group Saga SAGA.L said that Ageas AGES.BR would buy its insurance underwriting business for 67.5 million pounds ($88.06 million), and that it was in exclusive talks to set up a 20-year partnership for motor and home insurance with the Belgian firm.
* JUPITER FUND MANAGEMENT: British asset manager Jupiter Fund Management JUP.L reported lower assets under management (AUM), with outflows of 1.6 billion pounds in the third quarter, dampened by weak client sentiment.
* HAYS: Hays HAYS.L forecast a fall in first-half operating profit from the previous six-month period after the British recruiter reported a 15% drop in quarterly net fees, weighed by hesitance among employees to switch jobs and employers to hire amid macroeconomic uncertainties.
* UK ECONOMY: Britain's economic output rose by 0.2% in monthly terms in August, data from the Office for National Statistics showed.
* SHELL: Shell SHEL.L on Thursday lost a bid to have U.S. regulators allow it to view nonpublic commissioning documents related to Venture Global LNG's Calcasieu Pass facility, a setback in a broader dispute over access to cargoes from the plant.
* OIL: Oil eased after a rally the previous day.
* GOLD: Gold prices climbed after recent data supported bets for a Federal Reserve interest rate cut next month.
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB
($1 = 0.7665 pounds)
Reporting by Yamini Kalia and DhanushVignesh Babu in Bengaluru
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