Reed leads way on FTSE Thursday

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The FTSE 100 has opened strongly this morning as it looks to correct Wednesday's losses, currently 52 points up (0.88%) to 5945.60.

Reed Elsevier leads the gains after the publisher agreed to buy insurance data company ChoicePoint for £2.1bn. Reed is currently 3.85% to 606.50. Miners again have opened well with Vedanta 3.52% ahead to 2296 and Antofagasta 2.78% up to 851.50. BHP Billiton is also among the climbers. Alliance & Leicester is again leading the losses after it scrapped its profit target yesterday, currently down 3.66% to 474. News it ended secret talks with rival brewer SABMiller is sending Scottish & Newcastle lower, it’s down 2.41% to 788. In New York, Hewlett Packard enjoyed a stunning day at the offic...

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