Friday May 9, 12:34 PM
London shares - midday features
LONDON (Thomson Financial) - FTSE 100 risers
Morrison 291 up 3
JP Morgan 'overweight' with target upped to 340 pence from 320
Unilever (LSE: ULVR.L
- news) 1,765 up 13
Goldman ups target to 1,738p from 1,700; may dispose of Bertolli olive oil
Tui Travel (LSE: TT.L - news) 255 up 1/2
Numis 'add'; Credit Suisse initiates coverage with 'outperform'
GlaxoSmithKline (LSE: GSK.L - news) 1,141 up 7
ING 'buy' after company visit
Associated British Foods (LSE: ABF.L - news) 889-1/2 up 1
Defensive qualities
Cairn Energy (LSE: CNE.L - news) 3,350-1/2 up 8
Oil price supports
Eurasian Natural Resources 1,296-1/2 up 8
Talk of interest in Kazakhmys (LSE: KAZ.L - news)
Imperial Tobacco (LSE: IMT.L - news) 2,489 up 5
Credit Suisse 'outperform' from 'neutral'
Diageo (LSE: DGE.L - news) 1,028-1/2 up 1
Co to build new Guinness brewery; Independent newspaper 'buy'
FTSE 100 fallers
BG Group (LSE: BG.L - news) 1,342 down 41
Co says Origin Energy has not yet considered bid approach
Barclays (LSE: BARC.L - news) 449-3/4 down 10-1/2
Cash call worries
Marks & Spencer 398-3/4 down 12-1/4
Watchdog in talks with co's investors over Stuard Rose's role - report
Vedanta 2,407 down 90
FY results due Thursday
British Airways (LSE: BAY.L - news) 229 down 9-1/2
Record (LSE: REC.L - news) oil price
Carphone Warehouse (LSE: CPW.L - news) 269-1/2 down 19-1/2
Adverse comment on Best Buy deal
Alliance & Leicester 508 down 16
Housing market worries
Persimmon (LSE: PSN.L - news) 611-1/2 down 28-1/2
Talk of bid for Bovis Homes
Johnson Matthey (LSE: JMAT.L - news) 1,908 down 49
Morgan Stanley (SPU - news) 'underweight' from 'equal-weight'
HSBC 862-1/2 down 19
Morgan Stanley 'underweight' from 'equal-weight'
British Energy (LSE: BGY.L - news) 698 down 17
Awaiting bid developments
WPP (LSE: WPP.L - news) 625 down 13-1/2
ABN Amro (Amsterdam: ABAGB.AS - news) 'hold' from 'buy'
Sage Group (LSE: SGE.L - news) 214 down 12-1/2
Investec 'hold' from 'buy'
Next 1,279 down 23
Kaupthing downgrades to 'sell'
FTSE 250 (news) risers
IMI (Milan: ISP.MI - news) 508-1/2 up 30-1/4
Jan-April organic growth around 7 percent; Evolution 'buy'
Laird Group (LSE: LARD.L - news) 523 up 4
Upbeat trading statement; Landsbanki 'buy'
Premier Oil (LSE: PMO.L - news) 1,714 up 21
Record oil price
JKX Oil & Gas 503-1/2 up 2-1/2
Record oil price
Marston's 226 up 1-1/4
JP Morgan 'neutral' from 'underweight'
Mapeley (LSE: MAY.L - news) 1,283 up 7-1/2
Lehman targets 1,325 pence
FTSE 250 fallers
Bellway (LSE: BWY.L - news) 769 down 26
Fading bid hopes
Aegis 128 down 2-1/2
New CEO of Aegis Media named
Redrow (LSE: RDW.L - news) 293-1/2 down 8-1/2
Housing market worries
easyJet 285-3/4 down 14-1/4
Record oil price
Intertek 1,006 down 36
Trading update
JD Wetherspoon 309-1/2 down 6-1/4
JP Morgan 'neutral' from 'overweight'
Micro Focus (LSE: MCRO.L - news) 263-1/4 down 11
Goldman Sachs (NYSE: GS - news) 'neutral' from 'buy'
Headlam 394 down 11-1/2
Goldman Sachs 'sell' from 'neutral'
Stagecoach 248-1/4 down 5-1/2
Goldman Sachs 'sell'
Other risers
Blinkx (LSE: BLNX.L - news) 34 up 9
Talk of 60 pence-a-share bid, possibly from Rupert Murdoch's News Corp
Tinopolis (LSE: TIN.L - news) 43-1/2 up 9-1/2
Agreed 44.7 million pounds, or 45 pence-a-share cash offer from Bidco
Mercury Recycling (LSE: MRG.L - news) 26 up 6-1/2
Bumper FY profits; confident statement
Flomerics Group 102-1/2 up 13-1/2
Rejects 104 pence-a-share bid from Mentor Graphics (NASDAQ: MENT - news)
TDG (LSE: TDG.L - news) 242-1/2 up 11-1/2
Laxey Partners reiterates interest in possible cash offer for co
Zambezi Resources (LSE: ZRL.L - news) 10.25 up 0.625
Discovery of potentially significant deposit
Dawson International (LSE: DWSN.L - news) 1.50 up 0.125
Pension fund deficit falls to 4.7 million pounds from 19.8 million pounds
Cains Beer 8.75 up 0.875
William Morrison deal
Leed Petroleum (LSE: LDP.L - news) 38-1/4 up 3-1/2
Investors Chronicle 'buy'
Freedom4 Communications 1.625 up 0.10
Full-year results due next Friday
ReEnergy Group (LSE: RGY.L - news) 4.62 up 0.25
Co to sell Estech for up to 1.9 million pounds cash
Psion (LSE: PON.L - news) 110 up 4-1/2
Landsbanki 'buy'
Shed Media 74-1/2 up 5-1/2
Landsbanki 'buy'
Venue Solutions (LSE: VSH.L - news) 4.62 up 1.125
Trading statement
Iofina 70
New issue, placed at 55 pence
Other fallers
Fresnillo 525-1/2
New issue at 555 pence
Claimar Care (LSE: CCGP.L - news) 57 down 20-1/2
Finance director goes
Oxford Biomedica (LSE: OXB.L - news) 24-3/4 down 1-1/4
In-line update
Intec Telecom (LSE: ITL.L - news) 54-3/4 down 2-3/4
Profit-taking after Thursday's 'very preliminary' takeover approach
AEA Technology (LSE: AAT.L - news) 68 down 2
Q1 losses
Yule Catto 152-1/2 down 5-1/2
Citigroup (NYSE: C - news) cuts target to 160 pence from 180
Restaurant Group (LSE: RTN.L - news) 168 down 1-3/4
JP Morgan 'neutral' from 'overweight'
Detica 313-1/2 down 4-1/2
UBS 'neutral' from 'buy'
Majestic Wine 227 down 3-1/4
Goldman Sachs 'sell' from 'neutral'
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