INMARSAT makes light of FTSE fall-back on Earth

"Nature" will be, they do "and the great importance that surround this option dominated Inmarsat newsflow and debate lately, sometimes eclipsing the performance and the generation of cash basis, activity" they said.

Despite the rise of the Inmarsat, benchmark fell into the red as U.S. economy grew less than three months of last year forecasts in the final. The FTSE 100 has fallen points 83.71 – 1. 4pc - 5881.37 and the FTSE 250 lost 71.41 at 11546.02 points.

Drag on the large-caps, were minors, Vedanta Resources with anglo american excretion 109 p £ 22,91 and 112% to £ 30.31 respectively.

Landslide was too tui travel, which reached 2.1 p 259,8 as Natixis cut its rating to "neutral" from "buy", mainly on the grounds for assessment.

Diageo has also suffered from a bearish note, falling 24 p to £ 12.21. Warning to investors of "attention what you wish for", analysts of JP Morgan Cazenove to their rating on Diageo "underweight" from "neutral". Broker noted the geographical and industrial constraints that could keep a lid on margin growth and M & A may not be the solution.

Diageo has been mentioned as a potential predator for the Fortune Brands spirits companies, but the broker said it might distort Diageo away from growth in emerging markets.

Because he stopped the development of a drug for insomnia was research with Swiss biotech, Actelion, GlaxoSmithKline, Great Britain, drug manufacturer that 29½p fell to £ 11.43½.

Drug safety problems had already cast uncertainty on the development of medicine and Actelion said last year that it was a risky project.

Write on Actelion, evolution of securities, said: "stop of the clinical development of almorexant (insomnia) surprise few…". We doubt that anyone had an important value assigned to this property. »

But devices manufacturer medical Smith & Nephew reinvigorated until 2 at 697½p. Analysts matrix appointed manufacturer of artificial hips and knees as one of the first to bring target sector of health care, saying that he had a "high probability to be spotted in 2011".

Among the second-liners, housebuilders under pressure after that to "sell" Liberum Capital cut n Persimmo analysts "hold" and trimmed target price on the entire sector, apart from the Houses Bovis.

Decommissioning has been a Liberum survey revealed that consumers are more cautious about things that matter to decisions of housing, particular job security. Lost khaki 16.7 402.2 p, then as Bovis hangar from 1.9 to 437½p.

However, the punters were piling into Partygaming. As shareholders in Austria Group bwin bet online vote to approve an anchor of $3 5.3 with Partygaming, he reached 10.8 percent 196.7.

Telecity ticked up to 22 to 497% as Dutch pair data center operator InterXion, price its flotation at the high end of expectations.

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Harbinger Capital considers sale of Inmarsat stake

Harbinger Capital, which owns about 28pc of Inmarsat and is run by Philip Falcone, is understood to be considering a sale after it received several approaches from investors who want to acquire some or all of the shareholding.

However, Harbinger has not yet made a final decision on whether it should dispose of its stake, said people familiar with the matter. Harbinger – which in 2008 tried to buy Inmarsat – declined to comment. Inmarsat edged up 5 to 668½p.

Overall, the FTSE 100 climbed 44.28 points to 5592.90 and the FTSE 250 rose 60.67 points to 10592.47.

News that Sinopec is to invest $7.1bn (£4.5bn) in Repsol's Brazilian unit helped BG Group top the blue-chip leaderboard. BG Group which has extensive oil and gas interest in Brazil, put on 51½p to £11.70. There was also some talk in the market that Royal Dutch Shell, up 31p to £18.88, could be preparing a bid for BG Group.

Tullow Oil, meanwhile, gained 34p to £13.08. Traders reckon the company is a target for Sinopec or CNOOC, two state-backed Chinese organisations.

BP advanced 12.7 to 440½p as TNK-BP was rumoured to have made an offer for the London-listed group's Venezuelan and Vietnamese assets. ?

In the mining sector, Fresnillo increased 28p to £12.70 after JP Morgan Cazenove upgraded the stock to "neutral". David Butler, an analyst at the broker, is relatively bullish about the prospects for gold and silver prices. This is because very low US and European central bank rates have yet to translate into decisive economic growth figures but are fuelling fears that inflationary conditions are being created.

Mr Butler added that low yields on government debt in combination with high government deficits have encouraged money to flow into gold-backed exchange-traded funds. JP Morgan Cazenove also lifted its price target on African Barrick Gold, up 9½ to 599½p, to 900p from 755p. Elsewhere in the sector, Randgold Resources moved 155p higher to £65.25.

BT Group rose 2.8 to 142.8p as JP Morgan Cazenove said it sees the pension issues facing the company as a "reducing concern". "Given the numbers involved, this is very material for BT's equity value and underpins our overweight recommendation," said Paul Howard, an analyst at the broker.

Amec climbed 24p to £10.10 as Credit Suisse took up coverage with an "outperform" rating and a price target of £11.80. Analysts at Credit Suisse said: "Amec is poised to benefit from exposure to significant areas of upcoming capex [capital expenditure] growth in Canadian oil sands, mining and nuclear. We think this theme of defensive, reasonably-priced growth driven by a recovery in energy spend is compelling in the context of an uncertain outlook for the general economy."

Goldman Sachs put HSBC on to its "conviction buy" list, which helped the shares put on 8.6 to 653.6p.

On the mid-cap index, Brewin Dolphin surged 10¾ to 142½p after it said in a pre-close statement that assets under management have and the group has experienced strong levels of trading commission during the fourth quarter.

Spectris rallied 11p to £10.84 following its acquisition of N-TRON, a privately-owned US manufacturer of rugged industrial networking components, for $51m (£32m).

However, CSR fell 14.6 to 344.4p as several brokers downgraded the technology company. Exane BNP Paribas, for example, downgraded the shares to "underperform".

Small-cap Asterand jumped ¼ to 12¼p after it said it had won a $24.3m five-year contract with the National Cancer Institute to supply clinically annotated human biospecimens for The Cancer Genome Atlas project.

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