Media stocks lift FTSE 100

A solid day for media related stocks helped the FTSE 100 to gain 49.9 points to 5100.7. Factory controls manufacturer Invensys topped the FTSE 100 risers with a gain of 9p to 96p. The group defiantly declared its financing plans won't be hampered by Moody's Investors Service's decision to cut its credit rating to junk. The stock fell 21% last week. Granada added 6p to 109p. Analyst Goldman Sachs lifted its recommendation on the group to market outperformer from market performer saying Granada was well positioned to benefit from an economic recovery. Pearson rose 33p to ...