Profit prediction for Cadbury lifts FTSE

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The FTSE 100 is trading up a fraction this morning following financial results from Cadbury Schweppes and manufacturer Tomkins.

Increased sales of Dr Pepper in the US have helped to lift sales at Cadbury Schweppes and the firm now expects to match its first-half sales to reflect that so trading in its shares boosted the firm 7.75p or 1.8% to 450.75p. On the back of this, the FTSE 100 is up 11.6 points or 0.3% to 4440.3 and the FTSE All-Share Index rose 5.48, or 0.3 percent, to 2202.20. Manufacturer of car wiper blades Tomkins has also seen its share price climb 4.75p or 1.9% to 259.75p as the firm now expects profits to improve, pre one-time costs. In Asia, stocks closed up and gave both the Nikkei 225 ind...

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