Positive earnings forecasts by UK firms today caused the FTSE 100 index to surge 113.10 points to 4,...
Positive earnings forecasts by UK firms today caused the FTSE 100 index to surge 113.10 points to 4,175.50 as just four stocks made losses. Granada was the biggest winner of the day, surging 6.75p to 82p on comments by US media behemoth AOL Time Warner that it did not see itself pushing aggressively into the UK market in the short term. Granada has suffered recently over fears the government's new media laws could increase competition in the UK market. Dixons gained 14p to 181p as investors bet that it will report stronger earnings figures ahead of its annual general me...
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