FTSE moves up on chip recovery

A 14 points gain to 5,054 pushed the FTSE up today as certain key stocks managed to turn around what has been a trying week. Chip designer Arm managed to reverse some of the losses it has taken in the past few days after analysts downgraded their share price target and others raised concerns over earnings growth strength. Today, however, analysts at investment bank Goldman Sachs raised their recommendation on the stock to a 'buy', which helped put 8p on the shares, taking them to 180p. Electronics retailer Dixons put on 8p to 218p after analysts at Credit Suisse First Bost...