Friday May 16, 10:43 AM
London shares - midmorning features
LONDON (Thomson Financial) - FTSE 100 risers
British Airways (LSE: BAY.L - news) 239 up 15
FY profits up 44.5 pct;
dividends resume; absence of profits warning
British Energy (LSE: BGY.L - news) 717 up 37
Approached by several companies
ICAP (LSE: IAP.L - news) 659-1/2 up 24-1/2
Talk of interest from IntercontinentalExchange
National Grid (LSE: NG.L - news) 731-1/2 up 15-1/2
Credit Suisse 'trading buy' with 880p tgt; ING 'buy' & 725p tgt
Compass Group (LSE: CPG.L - news) 36-3/4 up 10-1/2
Goldman Sachs (NYSE: GS - news) 'neutral' from 'sell'
Anglo American (LSE: AAL.L - news) 3,559 up 76
Co reportedly upbeat about Peru
AstraZeneca (LSE: AZN.L - news) 2,216 up 46
Panmure Gordon positive
Vedanta Resources (LSE: VED.L - news) 2,550 up 9
Deutsche Bank (Frankfurt: DB9999 - news) 'buy' with target upped to 2,900 pence from 2,690
BT Group (LSE: BT-A.L - news) 235-1/2 up 1/2
ING 'buy' with 300 pence target
BG Group (LSE: BG.L - news) 1,332 up 24
SG initiates coverage with 'buy' & 1,500 pence target
FTSE 100 fallers
Sainsbury (LSE: SBRY.L - news) 371-3/4 down 5-3/4
Downgrades following recent results
Amec (LSE: AMEC.L - news) 842-1/2 down 2
Recent trading update
Reckitt Benckiser (LSE: RB.L - news) 2.967 down 19
Co reportedly inerested in China expansion
FTSE 250 (news) risers
Capital & Regional 359 up 24
Proposal to raise new equity has progressed well - trading update
Invensys (LSE: ISYS.L - news) 338-3/4 up 14-3/4
Landsbanki 'buy' with 360 pence target; Evolution 'buy' with 425 target
Petrofac (LSE: PFC.L - news) 650-1/2 up 22
Positive update; Evolution 'add'; Seymour Pierce reiterates 'outperform'
Ladbrokes (LSE: LAD.L - news) 318-1/2 up 9
Positive interim management statement
Kier 1,185 up 16
In-line update; NCB Stockbrokers 'buy' with 1,750 pence target
FTSE 250 fallers
Shanks Group (LSE: SKS.L - news) 256-3/4 down 1/4
FY results due Thursday May 29
LogicaCMG (LSE: LOG.L - news) 124 down 3-1/2
Goldman Sachs 'sell' from 'neutral' with same-again 120 pence target
888 Holdings 154-1/2 down 1/2
Strategic deal with Rival Powered for undisclosed sum
JKX Oil & Gas 487 down 16-3/4
Q1 production down 15 percent
Rightmove (LSE: GB00B0MFTM73.L - news) 366 down 19-1/2
16.2 million share placing; WH Ireland 'underperform'
Marshalls (LSE: MSLH.L - news) 221-1/4 down 3-3/4
Citigroup (NYSE: C - news) cuts target to 255 pence from 300 & raises risk rating to medium
Meggitt (LSE: MGGT.L - news) 282-1/4 down 2-1/2
Evolution 'sell' with 155 pence target
Other risers
Mediasurface (LSE: MSR.L - news) 13-1/2 up 2-1/4
Agreed 18.1 million pounds bid from Alterian (LSE: ALN.L - news) , 153 down 7
Dermasalve Science 4.875 up 0.75
Talk of large order in pipeline; also of stakebuilding by overseas investor
Freedom4 Communications 1.89 up 0.23
17.5 million pounds shareholder return move offsets FY losses
Mediterranean Oil & Gas 179-1/2 up 18
Ombrina drilling in line
Fiberweb (LSE: FWEB.L - news) 50 up 3-1/2
CEO, CFO share buying
Vislink (Dublin: VSF.IR - news) 3303/4 up 2-1/2
Trading in line
Johnson Service 31 up 2
Director Kevin Elliott buys 132,270 shares at 30 pence apiece
BB Holdings 262-1/2 up 15
Solid FY numbers
DRS Data 20-1/2 up 1
Shareholder John Rockliff ups stake to 3.61 percent
Tower Resources (LSE: TRP.L - news) 11-1/2 up 1/2
Namibia oil discovery
Other fallers
Van Dieman Mines (LSE: VDM.L - news) 9 down 1-3/4
Seeking fresh capital
NXT 17-3/4 down 2-3/4
H2 sales caution
Frontera Resources (LSE: FRR.L - news) 106-1/2 down 11-1/2
Sharply higher Q1 losses
Carnegie Minerals (LSE: CME.L - news) 2.625 down 0.125
Non-exec Grant Mooney resigns
Macro 4 112-1/2 down 5
Panmure cuts target to 113 pence from 126
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