Lloyds Share News (LLOY)

- Greek bailout delay worries sink markets- Chinese inflation data leaves door open for more stimulus- Admiral gains after upgrade; IAG rises on Iberia plansConcerns about Greece have offset some better-than-expected economic data from China this morning, with the FTSE 100 trading firmly in the red by lunchtime."Traders are today grappling with a number of negative and positive developments which has forced them to close positions before more pain on the current developments in the US and Europe," said market strategist Ishaq Siddiqi from ETX Capital.Markets seemed to shrug off some decent economic data from China this morning, where industrial production and retail figures came in better than forecast. Meanwhile, consumer price index (CPI) inflation was lower than expected in October, which "leaves the door wide open for further stimulus", according to market analyst Craig Erlam from Alpari.However, he said: "Despite being a major positive for the global economy, with many countries looking to China to drive the recovery once again, it was overshadowed by the Eurozone."Worries about the impending US 'fiscal cliff' and Greece's bailout have taken their toll on stock markets this week. While Greek policy-makers voted in favour of the country's harsh austerity measures on Wednesday night, sentiment has been shaken after reports suggested yesterday that the decision on whether to release the next tranche of the country's bailout won't come next week as expected.An EU official has said that ministers will not decide on the next €31.5bn of aid until late November as they wait for a final report from the Troika on how Greece is complying with the terms of its bailout.FTSE 100: Admiral and IAG gain, while cyclicals fallCar insurance giant Admiral was the highest riser of the day today after Bank of America hiked its rating on the stock by two notches from 'underperform' to 'buy'. Analyst William Hardcastle said: "We are shifting our focus away from the PE growth multiple (close to historical low at 10.7 times) to the 2013 estimated dividend yield of 9.1%. This is now the highest in the sector (and FTSE 100) following 18 percentage point relative underperformance since 2011 results, and can't be ignored in our view. We now see Admiral as an income rather than growth stock.IAG rose was flying higher after revealing details of a "transformation plan" to get its loss-making Spanish airline Iberia back on track, which includes the laying off of 4,500 employees. To accompany its third-quarter results which showed a sharp decline in its bottom line, the company said that a restructuring is needed to "save" Iberia and return it to profitability. However, it was the cyclical sectors (mining and financial) that were providing a drag on the Footsie this morning on concerns over the global economy. ENRC, EVRAZ and Xstrata led resources lower, while Barclays, Aviva, and Lloyds were also registering losses.Drinks behemoth Diageo gained after saying that it is to spend £1.285bn taking a majority stake (53.4%) in Indian spirits firm USL.Engine and power systems giant Rolls-Royce edged higher after maintaining its outlook for the full year despite lowering its assumptions for underlying growth in the Marine division. Real estate investment trust Hammerson was lower after saying it remains "cautious" about the economic outlook in the UK and Europe, even as it completed its strategic move from office landlord to retail landlord. FTSE 250: Michael Page lifted by upgradeShares in recruitment firm Michael Page International were on the up today after UBS upgraded its rating on the stock from 'neutral' to 'buy', saying that there is a more favourable risk/reward balance. With MPI still trading close to the bottom of its two-year share price range, UBS says that the risk/reward balance is now "skewed to the upside". Inter-dealer broker Tullett Prebon tanked after reporting a big drop in revenue in the four months to October on subdued market activity. Pest control firm Rentokil declined after saying that "challenging conditions across Europe" limited revenue growth in the third quarter. Sales were up just 1.6% in the three months to the end of September. FTSE 100 - RisersAdmiral Group (ADM) 1,055.00p +3.53%Croda International (CRDA) 2,266.00p +2.53%International Consolidated Airlines Group SA (CDI) (IAG) 171.80p +2.26%Tate & Lyle (TATE) 745.50p +2.12%BG Group (BG.) 1,057.50p +1.29%Rolls-Royce Holdings (RR.) 872.00p +1.28%Smith & Nephew (SN.) 649.00p +1.01%British American Tobacco (BATS) 3,201.00p +0.85%SABMiller (SAB) 2,673.00p +0.68%Diageo (DGE) 1,800.50p +0.64%FTSE 100 - FallersEvraz (EVR) 235.40p -2.89%Aviva (AV.) 321.00p -2.82%Barclays (BARC) 230.10p -2.75%Eurasian Natural Resources Corp. (ENRC) 287.50p -2.41%Lloyds Banking Group (LLOY) 43.10p -2.05%Royal Bank of Scotland Group (RBS) 269.20p -1.90%Old Mutual (OML) 165.90p -1.60%G4S (GFS) 255.30p -1.50%Xstrata (XTA) 963.50p -1.48%United Utilities Group (UU.) 650.00p -1.37%FTSE 250 - RisersMichael Page International (MPI) 376.00p +4.97%AZ Electronic Materials SA (DI) (AZEM) 367.20p +3.90%Carpetright (CPR) 684.00p +1.79%Shanks Group (SKS) 84.40p +1.69%Halfords Group (HFD) 350.90p +1.68%Berendsen (BRSN) 579.00p +1.58%Computacenter (CCC) 340.10p +1.52%Imagination Technologies Group (IMG) 488.00p +1.41%JD Sports Fashion (JD.) 750.00p +1.35%Moneysupermarket.com Group (MONY) 153.00p +1.32%FTSE 250 - FallersTalvivaara Mining Company (TALV) 108.10p -11.10%Tullett Prebon (TLPR) 239.00p -8.78%Dixons Retail (DXNS) 23.64p -4.37%Bank of Georgia Holdings (BGEO) 1,080.00p -4.00%New World Resources A Shares (NWR) 256.10p -3.39%Bumi (BUMI) 265.00p -3.18%Kentz Corporation Ltd. (KENZ) 381.50p -2.95%Anite (AIE) 137.20p -2.90%Atkins (WS) (ATK) 658.00p -2.88%Man Group (EMG) 83.95p -2.61%BC