London shares - midafternoon features

London shares - midafternoon features

	Published : Tue, 22 May 2007 15:21 By : Agencies Print this Story

LONDON (Thomson Financial) - FTSE 100 risers

Alliance & Leicester 1,200 up 53

UBS initiates at 'buy' with 1,440p tgt; sector consolidation hopes

Standard Chartered 1,666 up 64

Underlying bid speculation

Yell Group 505-1/2 up 16-1/2

Solid FY results

Mitchells & Butlers 902 up 24-1/2

Morgan Stanley 'overweight' vs 'equal-weight' after H1

Bradford & Bingley 456-1/2 up 7

Sector consolidation hopes

Wolseley 1,340 up 34

ABN Amro 'buy' with target upped to 1,570 pence from 1,375

British Land 1,456 up 15

Mixed FY results

Vodafone Group 146.8 up 1.4

Dividend-related trade ahead of results

FTSE 100 fallers

Marks & Spencer 708-1/2 down 30

FY results in line; Panmure Gordon 'sell'

Experian 587-1/2 down 16

FY results due tomorrow

GlaxoSmithKline 1,360 down 30

Avandia scare; ABN Amro 'hold' from 'buy'

British Airways 470 down 10

Joins TPG-led consortium, mulling bid for Iberia

ITV 116.6 down 1.4

Morgan Stanley 'equal-weight' from 'overweight'

Royal Bank of Scotland 645 down 8

Rumours of hostile bid for ABN Amro at 40 eur per share

FTSE 250 risers

Mitie Group 271 up 14

Merrill Lynch 'buy' from 'neutral'

Rank Group 201-3/4 up 6-3/4

Citigroup 'buy' from 'hold'

Autonomy 771 up 22.64

Seymour Pierce reiterates 'buy' after Blinkx demerger

Cairn Energy 1,881 up 56

Added to Merrill Lynch's Europe 1 Focus List, 'buy'

Britvic 385-1/2 up 10-1/2

Lehman 'overweight' vs 'equal-weight' after H1; Morgan Stanley, Citi up tgts

SSL International 441-3/4 up 8-1/4

FY profits jump 31 pct

First Choice 358-1/4 up 7-3/4

Tui merger benefits

De La Rue 728-3/4 up 3-1/2

FY pretax pre-ex rises 34 pct

EMI Group 274-1/2 up 3-1/2

Hopes of a bid battle; Panmure Gordon 'hold' from 'sell'

Dairy Crest 687-3/4 up 8

Evolution 'buy' from 'add' on strong FY results

FTSE 250 fallers

LogicaCMG 164-1/4 down 16-1/4

SNS Securities are duce' from 'add' after trading update

Paragon Group 539-1/2 down 32-1/2

Profit-taking after 11 pct interim profits increase

Stagecoach 184 down 6-3/4

Goldman Sachs places 26 mln shares at 188 pence apiece

Computacenter 259-1/4 down 5

Co-founder & non-exec sells 522,642 shares

Detica Group 370 down 6-3/4

FY results due on Monday

Aveva Group 870-1/2 down 15-1/2

Profit-taking after more-than-doubled FY results

EMAP 864-1/4 down 8-1/2

FY profits down 13 pct

Other risers

Nighthawk Energy 31-1/2 up 3

Development project gets go-ahead

Zenergy Power 176 up 13

Development milestone

Plus Markets 27 up 2-1/2

Director buys 142,858 shares at 24-3/4 pence each

Tanzania Gold 87 up 5-1/2

Encouraging drilling update

Antonov 91-1/2 up 5

Positive programme update

Serviced Office Group 11-1/2 up 3/4

UBS joint venture

EpiStem 177-1/2 up 7-1/2

Feasibility study with AstraZeneca

Medical Marketing 174-1/2 up 5-1/2

Positive research update

Dyson Group 255 up 10-1/2

In-line FY results forecast

Anite Group 79-1/2 up 2-1/4

In-line FY results predicted

Endace 243-1/2 up 8-1/2

FY profits up 153 pct; positive outlook

Seeing Machines 2.25 up 0.13

Signs licence deal to provide faceAPI technology

Other fallers

Inter Link Food 106 down 16-1/2

McCambridge Group considers withdrawing initial approach

DA Group 16 down 2

Strategic review, trading update

Kingston Communications 70 down 1-3/4

Hull City Council to sell 30.6 pct stake; FY results

Archipelago 29 down 1-1/2

Finance facilities blocked

tf.TFN-Europe_newsdesk@thomson.com

hco/ms1

The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.