LONDON Jan 8 Britain's FTSE 100 index is seen opening
flat on Wednesday, according to financial bookmakers.
* Futures for the index were up 0.1 percent by 0727 GMT.
* The UK blue chip index rose the previous session, with gains in financial
stocks pushing the index towards major technical resistance levels. It closed
24.72 points, or 0.4 percent, higher at 6,755.45 points.
* J SAINSBURY - The British grocer posted a small rise in
underlying sales in its Christmas quarter, though its rate of growth slowed.
* ASTRAZENECA - The drugmaker has signed a deal with private British
biotech company Immunocore to boost its experimental cancer drug pipeline as it
seeks to find new medicines to replace those going off patent.
* LLOYDS BANKING GROUP - A mass sell-off of the government's 33
percent stake in Lloyds Banking Group has moved a step closer after the
management of the bailed out bank was asked by UK Financial Investments, which
looks after the taxpayer's shares, to draw up the detailed information needed
for a sale, the Guardian newspaper and Sky News reported.
* GLENCORE XSTRATA - The company's Pasar copper smelter in the
Philippines plans to restart as soon as January 15, after being damaged by
Typhoon Haiyan in November, two sources said on Wednesday.
* British high street stores offered their biggest pre-Christmas discounts
in at least seven years last month, industry figures showed on Wednesday,
highlighting tough trading conditions despite an improving economy.
* PERSIMMON - The British housebuilder said full year revenues
jumped 21 percent.
* BAE SYSTEMS - The company chose Jerry DeMuro to head its U.S.
business, pinning its hopes on the former General Dynamics executive to
steer the weapons maker through U.S. military cuts that are expected to bite
over the next decade.
* SSE - The British energy supplier will cut its prices in response
to a government pledge to remove some taxes and social charges from bills by the
end of the current financial year, later than most of its rivals, the company
said late on Tuesday.
* FERREXPO - The Ukrainian iron ore miner said its iron ore pellet
output rose to a record high for the company in 2013 even as production fell
slightly in the last quarter of the year.
* Brent crude held its ground above $107 per barrel, supported by
new worries over Libyan supplies and expectations of another drop in U.S. crude
* MOTHERCARE - British mother and baby products retailer Mothercare
warned that annual profit would be below current market forecasts, hit by
Christmas discounting in Britain, plus weak economic conditions and currency
TODAY'S UK PAPERS
> Financial Times
> Other business headlines
Multimedia versions of Reuters Top News are now available for:
* 3000 Xtra : visit* BridgeStation: view story .134
For more information on Top News visit