Strong reports boost Friday FTSE

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The FTSE 100 has started well this morning as Wall Street gains and strong company reports boost week ending investor confidence. The index is 43.60 points (0.7%) ahead to 6295.40.

News British Energy has received a range of takeover proposals led the nuclear power generator to the top spot so far, up 5.37% to 716.50. ICAP and 3i Group have also started strongly, up 4.17% to 661.50 and 3.97% to 930.50. British Airways has leapt ahead as it reported year to March profits jumped to £883m. The airline is 3.79% higher to 232.50 J Sainsbury is the leading the losses along with a weak mining sector, the supermarket is down 1.85% to 370.50. In New York, news billionaire Carl Icahn might force control of the Yahoo board to revive the Microsoft deal led the Tech sector t...

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