Tuesday 12 July 2011

Support for the gossip is unable to wake up dull FTSE 100

Goldman Sachs analysts said in a note on the sector of medical devices that S & N could be a potentially interesting M & A candidate, and they continued to include a premium to do so in their price target - which they cut 750 p 855 p, well preserved their "buy" rating.

However, Jeremy Batstone-Carr, an analyst at Charles Stanley said that bid talk can never be excluded completely, it would be "assign a relatively low probability U.S. private equity taking diving now."

Investors also have fast bag Burberry shares on gossip that mark mode, known for his camels check could be the target of an offer of £ 15 - a - share.

L ' Oréal, which saw its rise sales thanks to the strong demand for its leather coats, has been the subject of rumors about a bid for the month. French luxury group LVMH taking a 17pc peer, Hermes, only fanned the flames of speculation support.

Kate Calvert, Seymour Pierce analyst said Burberry one brand that could have a strategic value to others. It added that it was important world both within the range of products across growth prospects, which could be financed by cash flow internal.

French, Swiss and Chinese firms have been proposed as possible suitors, but the notion of capital investment private interest in the Group were given manhandled. In a recent note, said Citi analysts: "See us little strategic rationale or financial capital private money to enter a late stage in history of l ' Oréal transformation."

Who have little to stop bulls, Burberry led up to 26% to £ 11.56.

S & N and l ' Oréal has been G4S. 11.3 Percent 249.4 on speculation of a possible bid 350 p-by-part player of private equity, KKR - although traders emphasized that a handful of salt fried security services company. There are also suggestions that Merrill Lynch clearing an large overhang may be the reason why the spur.

Despite all the M & A mumblings, all blue-chips were in a State of mind ambivalent. With little sense of drive, the FTSE 100 closed 13.92 5794.53 points while the FTSE 250 dropped points 11218.69 80.75.

As the market observers keep a close eye on the question of whether reference index will be able to beat high this year points 5875 before Christmas, analysts began already looking ahead to prospects for next year's actions.

Credit Switzerland analysts remained "overweight" global actions and provide increased 13pc on world markets by 2011. But they downgraded their position into the actions of UK "reference" from "overweight". They said that the United Kingdom tends to be a defensive market that underperforms when shares or lead indicators rise, and this UK equity risk appetite is much more tense than in other regions.

Dragging on the large capitalization was Capital commercial centres (CSC), as a shareholder and aspiring bidder Simon Property criticized one plan. 6bn £ 1 to buy the Trafford shopping centre in Manchester. Simon said that he could sell his 5mC protest participation if the agreement continues. CSC slumped 21.8 386.2 p, making it the strongest Feller.

Reed Elsevier declined 4½ 515 p too many analysts at JP Morgan Cazenove performers potential doubt M & a. analysts said that they put any weight on speculation regarding submission of capital for Reed, given the size of the company. Although they saw good reason in the interest of private in the exhibitions unit capital, they did not expect to sell soon Reed. Analysts retained their "overweight" position on Reed.

Admiral insurance group was also under pressure, falling 40 p to £ 15.75. However, prudential acquired thanks to a surge of UBS, analysts raiseing price 634½p 22½ peers target 800 p 700 p, citing the prospects for growth in Asia. "Asian footprint from the Pru is unique in the sector," said the broker.

Among second linings, Victrex gained 94% to £ 14.42 thanks to a surge of JP Morgan Cazenove and Deutsche Bank. Increased former price target on the company, which makes polymers for use in aircraft, automotive and surgical instruments, components to £ 14.08 to £ country.

Deutsche Bank increased its position on Victrex to "hold" to "sell", saying that they have seen a few triggers to underperform the stock.

DS Smith has also received a note optimistic broker. Packaging products and the pink p 192.2 as Investec initiated with "buy" recommendation 4.4 company Office

IMI joins FTSE 100 head of Cobham for output

Cobham will be demoted from FTSE 100 and IMI will benchmark, FTSE Group.

Compiler index confirmed Wednesday, which will be to enter and exit indices of large and grouped in the last redesign, which will take effect after the market close on 17 December.

Outside the FTSE 100 companies develop rank among the 90 most large by market capitalization are promoted in the index, while companies in the FTSE 100 with the lowest value or falling 111th less drip or spot in FTSE 250.

Equipment and supplies air-dried technology company Cobham saw its shares fall on 26pc since April, while the engineering IMI Group saw its shares mounted on 35pc since April.

S Betfair and electronic AZ, floating in the month of October, enters FTSE 250.

Stamford & London property and of Energy Exillon will also join the mid-cap index.

However, Robert Wiseman Dairies, Xchanging, Melrose resources and Yell will be demoted to the small-cap index.


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