BUSINESS

Shares in Kesa Electricals were down on the FTSE 250 in morning trading despite the Comet owner reporting a rise in revenue and profit in the half year ended 31 October.

Shares in British banks were down on the FTSE 100 in morning trading following yesterday's decision by the Irish parliament to support the country's austerity budget.

Shares in Stagecoach were up on the FTSE 250 in morning trading after the transport group reported a rise in revenue and pre-tax profit in the half year ended 31 October.

Shares in Stagecoach were up on the FTSE 250 in afternoon trading ahead of the transport groups half year results expected tomorrow.

Shares in Kesa Electricals were up on the FTSE 250 in afternoon trading ahead of the retailer's half year results, due out tomorrow.

Shares in Standard Life were up on the FTSE 100 in morning trading after the financial services company said it was buying Focus Solutions Group for £42 million.

Shares in British banks were up on the FTSE 100 in morning trading following an earlier dip brought about by continuing fears about the eurozone.

Shares in Tesco were up on the FTSE 100 in morning trading after the supermarket giant reported a rise in sales in its third quarter ended 27 November.

Shares in Mouchel were soaring on the FTSE All Share in afternoon trading after the consulting company confirmed that it had received a takeover bids thanks to the declining value of its share price.

Shares in Centrica were down on the FTSE 100 in morning trading after the energy group and owner of British Gas said it had acquired JK Environmental Services (UK) Limited for seven million pounds.

Shares in British banks were down on the FTSE 100 in morning trading as concerns about the state of the European economy continued.

The Office of Fair Trading has published a report which shows that 38 per cent of Britain's infrastructure is owned by foreign companies and investors.

Shares in JJB Sports were down on the FTSE All share in morning trading, following a statement yesterday in which the sports retailer said it expected to breach its £25 million banking facility.

Shares in Premier Foods were down slightly on the FTSE 250 in morning trading after the group said that it was in "advanced" talks for the takeover of its meat-free business, including Quorn.

Shares in Greene King were up on the FTSE 250 ahead of the pub owners half year results, expected tomorrow.

Shares in Britvic tumbled on the FTSE 250 after the soft drinks group swung sharply into losses in the full year ended 26 September.

Shares in British banks were up on the FTSE 100 in morning trading, following falls in previous sessions as investors feared for the eurozone.

Shares in Kingfisher were up on the FTSE 100 in morning trading after the group reported a rise in retail profits, despite a slight drop in sales in the third quarter ended 30 October 2010.

Shares in Kingfisher were up on the FTSE 100 in afternoon trading ahead of a statement on the retailer's third quarter, due out tomorrow.

House prices fell for the second month in a row in November, however at a slower rate than in the previous month.

Shares in Prudential were up on the FTSE 100 after the group said it aimed to double its profits in Asia by 2013.

Shares in British banks were up on the FTSE 100 in morning trading as investors took advantage of lower prices following falls in recent days caused by the eurozone crisis.

Shares in Immunodiagnostic Systems Holdings were up on the FTSE AIM 100 in morning trading, following the health company's half year results for the period ended 30 September, announced yesterday.

Shares in Hogg Robinson were up on the FTSE All Share after the corporate travel company reported a doubling of its pre-tax profit in the half year ended 30 September.

Shares in Aberdeen Asset Management were up on the FTSE 250 in morning trading after the company more than doubled its profits in the full year ended 30 September.

Shares in British banks were broadly down on the FTSE 100 as investors continued to worry about ongoing debt problems in the eurozone.

Budget airline Flybe Group is to float on the London Stock Exchange next month in an IPO estimated to raise around £60 million.

Shares in Walker Greenbank were soaring on the FTSE AIM All Share after the owner of wallpaper brands Harlequin and Sanderson, said it expected pre-tax profit for the full year ended 31 January 2011 to be "materially ahead of consensus analyst forecasts".

Shares in British banks were broadly up on the FTSE 100 in morning trading after news that the European Union has agreed a rescue deal for Ireland.