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UK Stocks-Factors to watch on Nov 7

Britain's FTSE 100 index is seen opening lower, with futures down 0.61% on Monday.

Turquoise Hill further delays shareholder meet on $3.3 billion Rio Tinto buyout

Canadian miner Turquoise Hill Ltd said it has once again postponed by a week its special shareholder meeting to vote on the proposed take over by Rio Tinto Plc on a request by the mining giant.

Turquoise Hill further delays shareholder meet on $3.3 bln Rio Tinto buyout

Canadian miner Turquoise Hill Ltd said it has once again postponed by a week its special shareholder meeting to vote on the proposed take over by Rio Tinto Plc on a request by the mining giant. The meeting to approve Rio Tinto acquiring 49% of shares of Turquoise Hill that it does not own for $3.3 billion, which was originally scheduled for Nov. 1, was postponed to Nov. 8, and now has been pushed back to Nov. 15. Turquoise Hill said Rio, which raised its offer to C$43-per-share, had postponed the meeting at the request of the financial regulator of Quebec and was in talks with the Canadian company's special committee of independent directors and the regulator about the deal.

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Why Alcoa, Southern Copper, and Other Metal Mining Stocks Are Soaring Today

Century Aluminum Company (NASDAQ: CENX) shares are leading metal stocks higher with a 10.9% advance as of 2:13 p.m. ET, followed closely by similar gains from Alcoa (NYSE: AA), Southern Copper (NYSE: SCCO), and Rio Tinto Group (NYSE: RIO). Thank Alcoa, mostly. Separately but simultaneously, Alcoa is requesting the London Metal Exchange delist any Russian metals from its trading platform.

U.K. stocks rise for second session

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Turquoise Hill Surges as Rio Strikes Deal With Takeover Critics

(Bloomberg) -- Turquoise Hill Resources Ltd. shares rose after two major investors struck a deal with Rio Tinto Group that paves the way for the London-based mining giant to advance its $3.1 billion takeover. Most Read from BloombergChief Justice Temporarily Stops Release of Trump Tax ReturnsLottery Winner Keeps $30 Million Jackpot Secret From Wife and ChildRussia Resumes Ukraine Grain-Export Deal in Abrupt ReversalEven More Dry Shampoos Found to Have Cancer-Causing AgentHow a Mysterious China S

Here’s Why Turquoise Hill Resources (NYSE:TRQ) Shares are Trending Higher

Turquoise Hill Resources (NYSE:TRQ) (TSE:TRQ) shares gained almost 6% in the extended trading hours yesterday following the news that Rio Tinto (NYSE:RIO) has struc...

Turquoise Hill acknowledges announcement made by Rio Tinto

Turquoise Hill (TRQ) ackn... TRQ, RIO