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FTSE 100 movers: Coca-cola fizzes up on Ukraine ceasefire, oil and gas lower

Thu, 12th Feb 2015 14:31

Stocks exposed to Russia and Ukraine, such as Coca-Cola, rose strongly after a ceasefire was agreed between the two nations. The ceasefire will come into effect on Sunday and involves the withdrawal of heavy weapons from conflict areas.Mining group Rio Tinto gained as it pledged to return nearly $6bn to shareholders in respect of 2014 after hiking its full-year dividend by 12% and announcing a $2bn share buyback. Other miners such as Glencore and Anglo American were also performing well.Stocks exposed to Russia and Ukraine, such as Coca-Cola, rose strongly after a ceasefire was agreed between the two nations. The ceasefire will come into effect on Sunday and involves the withdrawal of heavy weapons from conflict areas.Drugmaker Shire was trading higher after 2015 got off to a strong start on the back of the company's biggest purchase to date and the approval of the first drug to treat binge-eating disorder. The Ireland-based firm posted fourth quarter earnings of $2.63 (£1.71) per share, just short of analysts' expectations, while revenue rose 19% to $1.58bn, above consensus estimate of $1.55bn.Despite currency headwinds and the loss of exclusivity on hyperactivity drug Intuniv, Flemming Ornskov, the group chief executive, said he expected further growth in 2015 after what he described as an "exceptional 2014".Reckitt Benckiser was boosted by full year results featuring better-than-expected revenue, margins and earnings, with a strong outlook statement. Credit Suisse raised their price target on the stock, from 5,400p to 5,900p and analyst Charlie Mills said: "Value in the sector is increasingly a "relative game" and we prefer to stick with a company that grows in the developed market, is well invested, has best in class cost managers and has balance sheet optionality. Reckitt ticks all those boxes."The oil and gas sector was lower despite a bounce in crude prices, with heavyweight Shell going ex-dividend.Sage Group was also among the fallers after going ex-dividend.RisersCoca-Cola HBC AG (CDI) (CCH) 1,170.00p +7.24%Anglo American (AAL) 1,160.00p +3.25%Intertek Group (ITRK) 2,527.00p +3.23%Rio Tinto (RIO) 3,066.00p +3.18%Hargreaves Lansdown (HL.) 994.50p +2.74%Shire Plc (SHP) 4,902.00p +2.64%Burberry Group (BRBY) 1,869.00p +2.64%Glencore (GLEN) 277.95p +2.30%Royal Bank of Scotland Group (RBS) 387.00p +2.27%Antofagasta (ANTO) 704.00p +1.96%FallersRoyal Dutch Shell 'B' (RDSB) 2,197.00p -2.12%Royal Dutch Shell 'A' (RDSA) 2,110.50p -1.68%United Utilities Group (UU.) 970.00p -1.62%GlaxoSmithKline (GSK) 1,490.00p -1.59%Sage Group (SGE) 473.80p -1.54%Compass Group (CPG) 1,119.00p -1.50%Reckitt Benckiser Group (RB.) 5,690.00p -1.47%Unilever (ULVR) 2,784.00p -1.24%Diageo (DGE) 1,862.50p -1.17%Centrica (CNA) 287.70p -1.07%
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7 Jan 2022 07:57

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7 Jan 2022 07:49

Shell to proceed with share buyback 'at pace' despite weaker oil performance

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7 Jan 2022 07:27

UPDATE 3-Shell pursues $7 billion buyback 'at pace' despite LNG troubles

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7 Jan 2022 07:27

UPDATE 1-Shell to continue $7 bln buyback programme 'at pace'

(Adds detail)By Ron BoussoLONDON, Jan 7 (Reuters) - Royal Dutch Shell said on Friday its $7 billion share buyback programme, of which $1.5 billion has been completed, will continue "at pace" despite a slowdown in fuel demand due to the Omicron COV...

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7 Jan 2022 07:27

UPDATE 2-Shell pursues $7 billion buyback 'at pace' despite LNG troubles

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7 Jan 2022 07:10

Shell to continue $7 bln buyback programme 'at pace'

LONDON, Jan 7 (Reuters) - Royal Dutch Shell said on Friday its $7 billion share buyback programme, of which $1.5 billion has been completed, will continue "at pace" despite a slowdown in fuel demand due to the Omicron COVID-19 variant.(Reporting b...

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6 Jan 2022 23:48

U.S. court rejects laundromat owners' bid to block sale of Texas oil refinery to Mexico's Pemex

By Stefanie EschenbacherHOUSTON/MEXICO CITY, Jan 6 (Reuters) - A U.S. court on Thursday tossed out a request from two laundromat owners to block Mexican state oil company Petroleos Mexicanos (Pemex) from acquiring majority control of a Texas oil r...

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6 Jan 2022 12:16

UPDATE 2-Key Kazakh oil fields pump despite protests

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6 Jan 2022 12:00

Shell-backed U.S. solar developer raises $775 million in equity

By Nichola GroomJan 6 (Reuters) - Silicon Ranch Corp, the U.S. solar project developer backed by Royal Dutch Shell, on Thursday said it raised $775 million in equity capital from new and existing investors.The announcement comes as renewable energ...

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5 Jan 2022 09:54

UPDATE 2-Commodity-linked stocks lift UK's FTSE 100 after dull start

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LONDON MARKET CLOSE: Stocks start 2022 in style as airlines fly higher

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LONDON MARKET MIDDAY: Bright start to 2022 as travel stocks take off

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3 Jan 2022 13:26

U.S. refiner HollyFrontier warns of lower than expected throughput

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31 Dec 2021 13:08

LONDON MARKET CLOSE: Muted finish as FTSE 100 rallies 14% in 2021

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