FTSE

Shares in Diageo were up on the FTSE 100 in morning trading after the beverage company said it would be acquiring Turkish spirits company Mey Icki for £1.3 billion.

Shares in British banks were down on the FTSE 100 in morning trading as political unrest in Libya escalated over the weekend.

Shares in Hammerson were up on the FTSE 100 in morning trading after the real estate company reported a return to profit in the full year ended 31 December 2010.

Shares in Rentokil Initial took a dive on the FTSE 250 in morning trading after the group reported a sharp decline in pre-tax profit in the full year ended 31 December 2010.

Shares in British banks were down on the FTSE 100 in morning trading following earlier gains this week.

Shares in Go-Ahead Group were up on the FTSE 250 in morning trading after the transport company reported a rise in revenue and pre-tax profit in the half year ended 1 January 2011.

Shares in Redrow were down on the FTSE 250 in afternoon trading despite the group saying it had returned to profit in the half year ended 31 December 2010.

Shares in Ladbrokes were down on the FTSE 250 in afternoon trading after the bookmaker reported a fall in total profit in the full year ended 31 December 2010.

Shares in British banks were up on the FTSE 100 as investor confidence about banks earnings started to increase.

Shares in Reed Elsevier were flat on the FTSE 100 in morning trading after the technology and medical company reported a small rise in revenue and adjusted pre-tax profit in 2010.

Shares in BAE Systems were flat on the FTSE 100 in morning trading after the defence group announced weak growth in revenue and EBITA in the full year 2010.

Shares in BAE Systems were up on the FTSE 100 in afternoon trading ahead of the defence company's full year results, expected tomorrow.

Shares in Millennium & Copthorne Hotels were up on the FTSE 250 in morning trading after the group reported a rise revenue and pre-tax profit in the full year ended 31 December 2010.

Shares in Thorntons were down on the FTSE All Share in morning trading after the chocolate maker reported a fall in pre-tax profit in the half year ended 8 January 2011.

Shares in British banks were broadly up on the FTSE 100 in morning trading following a good set of full year results from Barclays, announced yesterday.

Shares in Domino's Pizza UK & Ireland were down on the FTSE 250 in afternoon trading despite the company reporting a rise in sales and pre-tax profit in the full year ended 26 December 2010.

Shares in InterContinental Hotels were down on the FTSE 100 in morning trading despite the group reporting a rise in revenue and operating profit in the full year ended 31 December 2010.

Shares in British banks were broadly up on the FTSE 100 in morning trading after Barclays reported better than expected results for the full year ended 31 December 2010.

Shares in Barclays were up on the FTSE 100 in morning trading after the banking giant reported a stronger than expected rise in pre-tax profit in the full year ended 31 December 2010.

Shares in Barclays were down on the FTSE 100 in afternoon trading ahead of the banking giant's full year results, expected tomorrow.

Shares in easyJet were up on the FTSE 250 in morning trading after the budget airline said it is the first commercial airline to trial "revolutionary nano-technology coating" on its aircraft.

Shares in British banks were mixed on the FTSE 100 in morning trading as concerns about the long term future of banking were raised again yesterday.

Shares in Rolls Royce were up on the FTSE 100 in morning trading after the engine manufacturer said it had been awarded a $2.2 billion TotalCare deal from Emirates Airline.

Shares in Carillion were up on the FTSE 250 in morning trading after the construction company said it had agreed terms to acquire green outsourcing company Eaga.

Shares in Smith & Nephew were up on the FTSE 100 in afternoon trading after the medical device maker reported a rise in revenue and trading profit in the full year ended 31 December 2010.

Shares in Rolls Royce were down on the FTSE 100 in morning trading after the engine manufacturer reported a rise in revenue and pre-tax profit in the full year 2010.

Shares in Rio Tinto were down on the FTSE 100 in morning trading despite the mining group reporting record underlying earnings and a slashing of its net debt in the full year ended 31 December 2010.

Shares in British banks were broadly down on the FTSE 100 in morning trading ahead of the Bank of England's next announcement on interest rates.

Shares in Diageo were down on the FTSE 100 in morning trading despite the brewer reporting a rise in net sales and operating profit in the half year ended 31 December 2010.

Shares in Rolls Royce were up on the FTSE 100 ahead of the engine maker's full year results, expected tomorrow.