LSE takes FTSE higher

LSE shares have risen 4.1% to 793p on news it will double the capital it gives shareholders as it fends off a takeover bid. The exchange operator says it will raise the capital it returns to shareholders to £510m, or 200p per share, and start buying back its shares, as it rejected a £1.5bn offer from Macquarie Bank. LSE also says it will raise its 2006 dividend by 71% to 12p a share. Rexam, the biggest supplier of cans to Coca-Cola, has risen 5p, or 1%, to 489.5p. The supplier has been raised to "outperform" from "neutral" by analysts at Credit Suisse. Meanwhile, Daily Mail has ...