News

CATEGORY: RISERS AND FALLERS     SECTOR: MEDIA

FTSE 100 movers: Results push market higher

Thu 29 Jul 2010

LONDON (SHARECAST) - A raft of good results has boosted Footsie today.

Scientific journals and magazines publisher Reed Elsevier says advertising and promotion markets are stabilising as underlying revenues increased 1% in the first half.

AstraZeneca’s potential blockbuster heart drug Brilinta has received the backing of a US advisory panel just as the drug giant increased 2010 earnings targets for a second time this year following a strong performance from emerging markets and key drugs in the second quarter.

BT reported a 17% rise in pre-tax profits in the first quarter and reiterated its full year outlook. The firm also said that it is in talks with the government over plans to cut public spending.

Defence firm BAE Systems continues to expect revenue growth in 2010 despite the threat of cutbacks in government spending. The company saw sales grow 9% in the first half of 2010 to £10,643m. On a like-for-like basis, sales increased 7%. Underlying earnings before interest, tax and amortisation improved 14% to £1,114m.

Pearson is acquiring spoken English training firm Wall Street Institute for $92m.

The fallers have a similar look to yesterday. Rexam, Invensys, BG Group and Compass have all continued their declines.

FTSE 100 - Risers
Reed Elsevier (REL) 560.50p +5.36%
AstraZeneca (AZN) 3,343.50p +4.40%
BT Group (BT.A) 145.30p +3.86%
Kazakhmys (KAZ) 1,238.00p +3.43%
Aviva (AV.) 370.00p +3.12%
Old Mutual (OML) 125.40p +2.87%
BAE Systems (BA.) 325.10p +2.56%
WPP Group (WPP) 691.00p +2.29%
Prudential (PRU) 564.00p +2.27%
Pearson (PSON) 1,021.00p +2.10%

FTSE 100 - Fallers
Rexam (REX) 316.10p -3.51%
Unilever (ULVR) 1,826.00p -2.09%
Tullow Oil (TLW) 1,265.00p -1.56%
British American Tobacco (BATS) 2,210.00p -1.45%
African Barrick Gold (ABG) 536.00p -1.29%
Invensys (ISYS) 275.60p -1.25%
BG Group (BG.) 1,027.50p -1.15%
Associated British Foods (ABF) 1,035.00p -0.86%
Compass Group (CPG) 537.50p -0.83%
Inmarsat (ISAT) 750.50p -0.79%
 
REL - Reed Elsevier

Latest Prices

Name Price %
Reed Elsevier 536.00p -0.19%
AstraZeneca 3,379.50p +1.33%
BAE Systems 322.90p +1.19%
BG Group 1,083.50p -1.01%
BT Group 141.20p +0.86%
Compass Group 549.50p +0.09%
Invensys 273.10p +1.15%
Pearson 999.50p -1.04%
Rexam 305.00p -1.29%
 
FTSE 100 5,502 +0.14%
FTSE 350 2,904 +0.22%
FTSE All-Share 2,840 +0.23%
FTSEurofirst 300 1,081 -0.11%
techMARK 1,726 +0.70%
techMARK 100 1,908 +0.79%
Aerospace and Defence 3,160 +1.11%
Fixed Line Telecommunications 1,954 +0.34%
General Industrials 2,748 -0.03%
Media 3,834 +0.31%
Oil & Gas Producers 7,171 -0.22%
Pharmaceuticals & Biotechnology 9,414 +0.71%
Software & Computer Services 667 +0.91%
Travel & Leisure 4,610 +0.15%

Archived Stories

29 Jul London afternoon: Footsie off the top
29 Jul Sector movers: Media stocks move higher
29 Jul London midday: PartyGaming jumps on bwin merger
29 Jul London mid-morning: Updates cheer investors

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