FTSE

Shares in Forth Ports sank over 11 per cent on the FTSE 250 today after it said that a consortium made up of Arcus Infrastructure Fund, Peel Holdings Limited and RREEF Infrastructure, would not be putting in a takeover bid for the company.

Shares in British banks rose for the third day in a row after significant falls last week and at the beginning of the week thanks to continuing fears about sovereign debt in the eurozone and the possibility of conflict between North and South Korea.

Prudential shares, up 6.83 pct from yesterday have fallen 2.10 pct this morning as they confirmed talks with AIG to renegotiate the deal.

Prudential shares have risen on the FTSE 100 today amid news that the insurance company's bid for AIA may fall through.

Shares in British banks continued their recovery on the FTSE 100 after ongoing worries about sovereign debt in the eurozone helped drag shares in recent weeks.

Tate & Lyle have announced their full year results today. The food manufacturer reported a decline in sales, 1 pct lower year-on-year and an operating profit of £298m in line with expectations.

Shares in Tate & Lyle were down on the FTSE 250 after the company reported a drop in pre-tax profits of seven per cent in the full year ended 31 March.

Shares in British banks recovered in morning trading on the FTSE 100 following a dismal performance yesterday which saw the FTSE 100 drop below 5,000.

Shares in fashion group Burberry were up on the FTSE 100 in morning trading after the company announced double digit profit growth and a hike in the full year dividend of 17 per cent.

Shares in British banks plummeted on the FTSE 100 thanks to a flurry of worries in the world of finance.

Marks and Spencer, the iconic high street store, is struggling after shares fell on the FTSE 100.

Shares in technology group Invensys were down over two per cent on the FTSE 100 despite a reported rise in profit of two per cent in the full year ended 31 March.

Shares in British banks were down in early trading on the FTSE 100 thanks to continuing worries over the eurozone, however later in the morning shares appeared to pick up a little.

Shares in British Airways were up on the FTSE 100 this morning despite the start of yet more strikes after talks to resolve a long running industrial dispute collapsed.

Shares in British banks were down on the FTSE 100 thanks to continuing fears about sovereign debt in the eurozone and news that the US Senate had passed legislation imposing stringent regulation on Wall Street.

United Utilities, supplier of North West Utilities in England, posted today an increase in operating profit of £88.4 million to £817.9m.

Shares in British Airways fell on the FTSE 100 in morning trading today after the airline, which has hit by strikes, competition from budget airlines and most recently a volcano, reported a record loss of £531 million.

The FTSE 250 is down today as concerns over eurozone swept shares down 2.5 pct.

Martons, the operator of more than 2,150 pubs across the country are confident of meeting this year's forecasts.

A consortium of wealthy fans are reportedly divided over the way they should lead Manchester United should their £850m bid succeed.

National Grid, the UK's electricity and gas networks operator, has announced today a new strategy in a 2 for 5 rights issue worth £3.2 bn.

Shares in British banks were up in morning trading on the FTSE 100 thanks to promising news on debt at Dubai World, following days of uncertainty over regulation and European debt.

Shares in National Grid Plc dropped over six per cent on the FTSE 100 after the group announced a surprise rights issue worth £3.2 billion. The cash raised will be used to increase investment and improve the company's credit rating.

Jupiter Asset Management, one of the UK's best known fund managers, is set to launch an IPO which could net the company in excess of £1bn.

Shares in pub-owner Mitchells & Butlers were soaring over four per cent on the FTSE 250 after the group said that it announced a rise in profit of 55 per cent and said it was "confident" of its future prospects.

Land Securities say rental incomes for FY10 have fallen after asset sales, and is in talks to revive them by building in the heart of the City of London.

Shares in British banks were down significantly on the FTSE 100 after investor appetite was dampened by tighter regulations being passed in Germany and the USA.

The Pound and Euro tumbled in early trading today.

ICAP Plc, the world’s largest broker of transactions between banks, said full-year pretax profit fell 5 percent as markets stabilized and volatility declined.

Shares in Experian were down on the FTSE 100 in early trading despite the company delivering a "comfortable" set of full year results and announcing a $300 million share buyback programme.