UPDATE 2-Ferguson to split off UK arm, new CEO to focus on U.S. <!-- no image --> <div>* Shares rise as much as 3.7% to highest in almost a year (Adds shares, analyst comments, context on performance)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=BLmcnFoCW8w:GCYUtfuyLbw:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=BLmcnFoCW8w:GCYUtfuyLbw:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=BLmcnFoCW8w:GCYUtfuyLbw:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=BLmcnFoCW8w:GCYUtfuyLbw:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=BLmcnFoCW8w:GCYUtfuyLbw:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/BLmcnFoCW8w" height="1" width="1" alt=""></div> Posted by Reuters