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GKN Expects Robust Growth in FY 2012, Leads Race to Acquire Volvo Aero

Shares of GKN, a global engineering group, rose 4.7 percent last week as Credit Suisse raised its rating to "Outperform" from "Neutral" and sets price target at 240 pence though during last month the group's shares underperformed the sector by shedding 9.9 percent, compared to 8.2 percent decline for the sector.

Punch Taverns First-Half Pre-Tax Profits Slide

Punch Taverns reported a fall of 20 percent in its profit before tax for the six months ending in March at £33 million compared to £41 million a year ago. But expects expects to reap benefits during the second half of the current year from the Queen's Diamond Jubilee, the UEFA European football championship and the Olympic Games.

FTSE 100 to Hit 6,100 Mark By 2012 End

Britain's FTSE 100 is expected to hit 6,100 mark by the end of 2012, driven by signs of growth in UK economy, improving European debt crisis and good global economic prospects.

Electrocomponents Keen on Tight Cost Control and e-Commerce Initiatives to Boost FY Earnings

With the widen international businesses, established strategy and well-built balance sheet, Electrocomponents, the world's leading high service distributor of electronics and maintenance products, is investing in its planned proposals and being aware of the ongoing economic situation, it is continuing to maintain tight cost control, therefore the group anticipates current second half operating costs to be in line with the second half of FY 2011.