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(AFX UK Focus) 2008-11-11 08:51
STOCKS NEWS UK SMALL-Taylor Wimpey down as debt worries persist
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08:23GMT 11Nov2008-Taylor Wimpey down as debt worries persist

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Shares in British housebuilder Taylor Wimpey, which have lost over 90 percent of their value over the last 12 months, fall as much as 9.4 percent after the company issues a management statement that gives little update on the debt it is trying to renegotiate.
"The recommendation call on Taylor Wimpey remains highly leveraged to the group's ability to sort out its financial position. This statement does little to clarify the outlook on this front," says Citi analyst Clyde Lewis.
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Reuters messaging rm://ben.deighton.reuters.com@reuters.net
06:50GMT 11Nov2008-FTSE seen opening 1.4 pct lower

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The FTSE 100 is seen opening as much as 1.4 percent lower by financial bookmakers early on Tuesday, tracking losses in the U.S. and Asia as economic worries return to the surface.
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simon.falush@reuters.com. +44 20 7542 7681


06:45GMT 11Nov2008-Corporate agenda for Tuesday:

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AVEVA H1

BABCOCK H1

COOKSON TRADING

ELECTROCOMPONENTS H1

INTERCONTINENTAL Q3

JOHN WOOD GROUP INVESTOR DAY

NORTHERN FOODS H1

TAYLOR WIMPEY TRADING

VODAFONE H1

VT H1

YELL H1


A&J MUCKLOW AGM

KOFAX AGM

NETELLER EGM


PLAYTECH Q3 KPIs

PROTHERICS EGM

SAFESTORE TRADING


rhys.jones@reuters.com

Keywords: MARKETS STOCKSNEWS UK SMALL

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