Strong S&P 500 moves influence FTSE activity

Vodafone and HSBC are leading advances on the UK's benchmark index this morning, on the back of consecutive gains on the S&P500 index yesterday for the first time since March. The FTSE 100 climbed 42.4 points or 0.8% to 5167.9 after Jefferson Smurfit Group said it's in talks which might lead to a takeover of the world's largest manufacturer of containerboard for packaging. Jefferson jumped 26% to 209p. Hornby also climbed 10% to 407.5p as the model railway and Scalextrix maker exceeded pretax profits for the year ended March 31. However, Body Shop International has not been so p...