City sources predict the FTSE 100 will open around 12 points higher than yesterday's close of 6,666.13, tracking yet another record finish for the Dow Jones Industrial Average and S&P 500 last night, boosted by hopes of a continuation of stimulus by the Federal Reserve. [15 Nov '13]
International Consolidated Airlines Group (IAG) charged higher after it delivered a "strong" set of third quarter results which showed British Airways' performance had taken off aided by the bounce back from the Olympics effect last year. The airlines group reported three month pre-tax profit had soared to €609m from €237m last time after revenues rose 6.9% to €5.4bn and costs fell 1.5%. Third quarter passenger unit revenue was up 6.7%. [8 Nov '13]
Marks & Spencer saw underlying pre-tax profit fall 8.9 per cent to 261.6m pounds in the first half of the year, but since this was not as bad as many analysts were expecting, the stock registed strong gains. [5 Nov '13]
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