UK Stocks-Factors to watch on May 21
Updates futures, Adds news items
May 21 -Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.41%.
* ASTRAZENECA: AstraZeneca AZN.L said itexpects to deliver $80 billion in total revenue by 2030, boosted by the expected launch of 20 new medicines and through growth in its existing oncology, biopharmaceuticals and rare disease portfolio.
* GSK: GSK's GSK.L asthma drugmet its primary goal of reducing asthma attacks over a 52-week period in a late-stage trial.
* KINGFISHER: European home improvement retailer Kingfisher KGF.L kept its full-year profit outlook after reporting a 0.9% fall in first-quarter underlying sales, with resilience in demand for core categories offset by weakness in "big-ticket" sales.
* DOWLAIS: GKN automotive owner Dowlais DWL.Lwarned of lower revenue in 2024 after a weak first half, hurt by increased volatility of production schedules for certain battery electric platforms.
* BELLWAY: British homebuilder Bellway BWY.L said finance director Keith Adey will retire after 15 years with the company.
* PENNON: Pennon PNN.Lforecast its organic revenue to improve in the current fiscal year, as the British water company bets on inflationary tariff increases and growth in its non-household retail businesses.
* SSP: Upper Crust owner SSP SSPG.L reported higher half-year revenue, as sales grew at its airport and train station food outlets aided by robust travel demand.
* OIL: Oil pricesextended losses in Asia trade, with investors anticipating lingering U.S. inflation and higher interest rates to depress consumer and industrial demand.
* GOLD: Gold priceseased as the dollar firmed, with the metal backing away from a record peak hit in the previous session.
* METALS: Copper retreats from record high on firm dollar, subdued demand
* 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 Echha Jain in Bengaluru
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