UK Stocks-Factors to watch on Oct 31
Adds new items, updates futures
Oct 31 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.35%.
* SHELL: Shell SHEL.L reported third quarter profits of $6 billion that exceeded forecasts by 12% as weaker oil refining and trading results were offset by higher LNG sales.
* VODAFONE: Mobile group Vodafone VOD.L and Romania-based operator Digi DIGI.BX said they had signed a memorandum of understanding with Hellenic Telecommunications Organization OTEr.AT to buy its subsidiary TKRM.
* SAINSBURY'S: British supermarket Sainsbury's SBRY.L said it would sell its Argos Financial Services cards portfolio to financial services firm NewDay Group for an expected 720 million pounds ($934.1 million).
* SMITH + NEPHEW: Smith + Nephew SN.L, UK's largest medical products maker, cut its annual underlying revenue growth forecast, primarily hurt by its weaker-than-expected performance in China.
* OCADO: Ocado OCDO.L, the British online supermarket and technology group named Adam Warby as its chair from Dec. 1, succeeding Rick Haythornthwaite.
* HALEON: Haleon HLN.L reported a marginal fall in its third-quarter revenue, hurt by declines in its pain relief and digestive health segments.
* SPECTRIS: Britain's Spectris SXS.L said that the continued softness in the Chinese market is likely to continue into the early part of 2025, after the scientific instruments maker posted a 13% decline in third-quarter group sales.
* UK's REEVES: Finance minister Rachel Reeves, whose first budget announcement on Wednesday was accompanied by tepid growth forecasts, said her Labour government had more plans to boost the economy and she hoped to not have to hike taxes again.
* BANK OF ENGLAND: Investors priced in fewer than four Bank of England interest rate cuts over the next year.
* EX-DIVS: Whitbread WTB.L will trade without entitlement to its latest dividend pay-out.
* 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
Reporting by Prerna Bedi and DhanushVignesh Babu in Bengaluru
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