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BAE, Carphone, Compass, Eircom, LSE: U.K., Irish Equity Preview

April 10 (Bloomberg) -- The following stocks may rise or fall in U.K. and Irish markets today. Stock symbols are in parentheses and prices are from the April 7 close.

The FTSE 100 Index lost 19.6, or 0.3 percent, to 6026.1 i1 n London. The FTSE All-Share Index declined 0.3 percent to 3078.24.

Ireland's ISEQ Overall Index slid 0.9 percent to 7919.22.

U.K. Companies:

BAE Systems Plc (BA/ LN): Investors in Europe's largest defense contractor may receive a cash payout following the company's expected 3 billion-pound sale of its 20 percent stake in Airbus SAS, the Sunday Times reported, citing unidentified people at BAE. The shares advanced 4.5 pence, or 1 percent, to 435.5 pence.

Barclays Plc (BARC LN): The U.K.'s third-biggest bank will invest as much as 375 million pounds in its wealth management division over the next three years, the Financial Times said, citing an interview with division Chief Executive Officer Thomas Kalaris. The shares increased 15 pence, or 2.2 percent, to 701 pence.

BHP Billiton (BLT LN): The world's biggest mining company's workers at a Canadian diamond mine went on strike yesterday in a dispute over seniority and contracting, the Canadian Press said. The shares fell 23.5 pence, or 2.1 percent, to 1,119.5 pence.

British Airways Plc (BAY LN): Europe's third-largest airline has ruled out expanding its fleet until it has resolved a deficit in its pension fund, the Observer reported, citing the company. The shares fell 3.25 pence, or 0.9 percent, to 347.5 pence.

Carphone Warehouse Group Plc (CPW LN): Europe's largest mobile-phone retailer may step up efforts to lure residential phone-line customers away from competitors including BT Group Plc by offering free high-speed Internet access under an ``Independence Day'' marketing campaign in July, the Sunday Times said, without citing anybody. The shares slipped 2.5 pence, or 0.8 percent, to 306.75 pence.

Charles Taylor Consulting Plc (CTR LN): The company that advises on disaster risks such as plane crashes and oil-rig fires is scheduled to report full-year earnings. Full-year revenue is in line with forecasts, Charles Taylor said in a Feb. 7 statement. The shares were unchanged at 359.5 pence.

Compass Group Plc (CPG LN): The world's largest caterer agreed to sell its travel-services business to investors led by Sweden's billionaire Wallenberg family and Macquarie Bank Ltd. for 1.82 billion pounds, more than analysts had expected. The shares dropped 1 pence, or 0.4 percent, to 229.5 pence.

GlaxoSmithKline Plc (GSK LN): The U.S. Food and Drug Administration told the world's second-biggest drugmaker that regulators aren't ready to allow the company's orlistat diet pill to be sold without a doctor's prescription. The shares slid 2 pence, or 0.1 percent, to 1,477 pence.

London Stock Exchange Plc (LSE LN): Europe's largest bourse by value of companies listed and Paris-based Euronext NV have held secret talks about a nil-premium all-shares `merger of equals' to create a company worth about 6 billion pounds, the Observer reported. Shares of LSE declined 8.5 pence, or 0.8 percent, to 1036.5 pence.

Mitchells & Butlers Plc (MAB LN): R20 Ltd, a bid vehicle owned by U.K. real estate investor Robert Tchenguiz, must bid for the pub operator by May 8 or withdraw, the U.K.'s Panel on Takeovers and Mergers said. The shares increased 4.5 pence, or 0.9 percent, to 486 pence.

Mulberry Group Plc (MUL LN): The British luxury leather-goods maker plans to open new stores in the U.S. and Asia, the Financial Times said, citing Chief Executive Officer Godfrey Davis. The shares rose 5 pence, or 2.5 percent, to 207.5 pence.

The Royal Bank of Scotland Group Plc (RBS LN): Veolia Environnement SA, the world's biggest water company, will soon say it has sold a 25 percent stake in Southern Water Plc to Britain's second-largest lender in an agreement worth between 200 million pounds and 300 million pounds, the Financial Times said, citing an unidentified industry source. The shares declined 9 pence, or 0.5 percent, to 1,845 pence.

J Sainsbury Plc (SBRY LN): The U.K. food retailer plans to install screens showing advertisements in its stores to boost sales, the Independent said. The shares slid 0.25 pence, or 0.1 percent, to 336 pence.

Severfield-Rowen Plc (SFR LN): The U.K.'s largest structural steel fabricator that's helping to expand London's Heathrow airport is scheduled to report full-year earnings. Full-year earnings will be ``significantly'' ahead of analyst estimates, the company said in a Nov. 4 statement. The shares rose 31 pence, or 2.8 percent, to 1,132 pence.

Vodafone Group Plc (VOD LN): The world's largest mobile phone company will soon award an outsourcing contract that could save the company 300 million pounds and lead to job cuts, the Financial Times said, without saying where it obtained the information. The shares added 1.5 pence, or 1.2 percent, to 125.75 pence.

3i Group Plc (III LN): FL Group Hf, an Icelandic investment group, is in talks to buy drinks-maker Refresco for 500 million euros ($606 million) from 3i, which paid 240 million euros for the business in 2003, the Guardian said. Shares of 3i fell 9 pence, or 1 percent, to 926 pence.

Irish Companies:

Eircom Group Plc (ERU ID): Babcock & Brown Capital Ltd., the Australian fund that's in talks with Ireland's biggest telephone company about a possible takeover, will bid 2.25 euros a share for the Irish phone company this week, the Sunday Independent reported without citing anyone. Shares of Eircom slid 1 cent, or 0.5 percent, to 2.12 euros.

To contact the reporter on this story: Aisha Phoenix in London at aphoenix@bloomberg.net .

Last Updated: April 9, 2006 22:10 EDT

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