consumer goods peer Procter Gamble (P is circling the company

M hopes nudge FTSE to 2

Intertek falls on SocGen downgrade

By David Brett

LONDON, July 5(Reuters) Britain FTSE 100 rose buy canada goose jacket cheap for an eighth straight trading day on Tuesday, as earnings hopes lifted Tullow Oil and bid talk boosted Reckitt Benckiser.

Tullow, up 3.8 percent, said it expected to post Canada Goose Coats On Sale record first half revenues as it ramped up output in Ghana and also said it was a few weeks away from completing a key deal in Uganda.

It was a good day canada goose uk outlet all round for oil explorers as small cap peers, led canada goose clearance sale by Xcite Energy up canada goose store 16.6 percent, pushed higher after Britain Treasury said it will increase the level of tax support for North Sea oil companies to help firms operating in smaller, less profitable oil fields.

Cenkos cheap Canada Goose Securities said canada goose black friday sale the move was significant to the disastrous canada goose factory sale budget announcement which imposed a sharp hike in the uk canada goose outlet supplementary charge on North Sea oil and gas production.

London blue chip index closed 6.49 points or 0.1 percent higher at 6,024.03, its highest closing level since uk canada goose May 3 and taking its gains over the last 8 days to 6.2 percent, driven by hopes Greece would Canada Goose sale avoid defaulting on its canada goose coats debts. consumer goods peer Procter Gamble (P is circling the company.

Blue chip engineer IMI rose 4.2 percent in heavy volumes, with traders citing vague bid talk.

Panmure analyst Oliver Wynne James said the stock is undervalued and investors were buying up stock on the hope it may become a bid target.

companies of a certain size could (fund a deal for IMI), he said.

Takeover talk lifted shares in FTSE 250 firm Yule Catto, up 4.8 percent, with Dow Chemical mentioned as a possible bidder for the British specialty chemical company at around 350 375 Canada Goose Outlet pence per share.

BROKERS BOOST Broker comment sparked investor interest in a number of stocks, with high street retailer Marks Spencer up 2.5 percent as Matrix upgraded its recommendation to

Fund manager Schroders Canada Goose Jackets rose 1.0 percent as UBS lifted it rating on the company to while Man Group added 1.8 percent ahead of an update on July 7.

Intertek Group, however, was the top FTSE faller, down 2.7 percent as Societe Generale downgraded its rating for the testing equipment firm to from citing the effects of high wage inflation in China and signs of the Chinese economy slowing.

Miners cheap canada goose uk weighed on the FTSE 100 after speculation in the Canada Goose online Chinese press that there could be an canada goose clearance interest rate hike soon prompted investors to bank recent profits.

Banks were a major weight on the buy canada goose jacket index with investors locking in recent gains as doubts lingered as to how the Greek austerity Canada Goose Online package would impact British banks.

the knock on effect of Greek problems factored into our own austerity plan?, said Colin McLean, managing director of SVM Asset Management, which has around 650 million pounds under management.

share prices reflect the fears. Banks remain exposed Canada Goose Parka to problem canada goose coats on sale loans, particularly to the UK mortgage market and commercial property. Investors canada goose uk shop need to assess carefully any investments in banks and insurers.

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