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Stock impact report

UPDATE 1-Sainsbury's sinks but Lloyds, trade hopes support FTSE 100 [Reuters (UK)]

Lloyds Banking Group Plc American Depositary Shares (LYG) 
US:NYSE Investor Relations: lloydsbankinggroup.com/investors
Company Research Source: Reuters
UPDATE 1-Sainsbury's sinks but Lloyds, trade hopes support FTSE 100 | Reuters 3 Min Read * FTSE 100 up 0.1 pct * FTSE 250 up 0.2 pct * Sainsbury’s tanks as CMA objects to Asda deal * Financials, miners lead main index higher * Intu Properties slips among mid-caps * Flybe soars on alternate financing proposal (Adds company news items, analyst comment, updates share moves) Feb 20 (Reuters) - Britain’s FTSE 100 rose as Lloyds gained after promising to return cash to shareholders and optimism prevailed around the China-U.S. trade talks, while Sainsbury’s slumped after regulators objected to its takeover of Walmart’s Asda. The FTSE 100 was up 0.1 percent and the FTSE 250 up 0.2 percent by 0951 GMT. A decline in shopping centre owner Intu limited gains on the mid-cap index. Sainsbury’s fell more than 14 percent after Britain’s competition regulator said its deal with Walmart-owned Asda should either be blocked entirely or require the sale of a significant number of stores and possibly one o Show less Read more
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