London's benchmark stock market index, the FTSE 100, has started well this morning picking up 20.6 points to 4738.30 points thanks to Cable & Wireless.
The phone company picked up 9.25p to 118.75p after announcing it made money for the first time in three years, while earnings for the first half also beat analyst’s forecasts. The company made a net income was £204m, compared with a loss of £80m during the same period last year. Cable & Wireless also announced plans for a £250m share buy-back. Mining firm BHP Billiton continues its good run adding 10.5p to 579.50p, a similar return on the market yesterday. Barclays Bank is also trading well this morning, with the high street bank 10p up to 567p. However, Scottish Power leads the mo...
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