FTSE review shakes up the old guard

Rolls Royce, British Airways, Invensys and Royal & Sun Alliance are being booted from the FTSE 100 index following the quarterly review that took place last night, but that has not dampened spirits as a reversal of yesterday's performance has seen the index climb 70 points to 3,356 on the back of 97 stocks making gains. The improved performance follows overnight gains in New York, where the Dow Jones Industrial Average index gained 28 points to 7,552 as buyers marginally outnumbered sellers and managed to stop a third straight day of losses. Vodafone did most to push up the in...