The FTSE 100 Index is 3.1 points higher at 5,863.6 points this morning, with investors warming to results from educational publisher Pearson.
Pearson has risen 2.13% to 720.50p after it posted a 23% gain in annual pre-tax profit. The company says strong textbook sales have boosted its performance, with revenue up 9% ahead of market expectations. GUS has gained 1.92% to 1,060p after the Financial Times reported the company plans to split Argos from its credit-checking arm Experian in December. Utility National Grid is also featuring among FTSE gainers, up 1.14% to 620.50p after it said it had agreed to buy US natural gas distributor KeySpan for about $7.3bn. The news has boosted peer stocks in a sector ripe with takeover ...
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