TALV.L Share News (TALV)

- Spanish yields ease before auction- Hargreaves leads risers on Footsie- Cable and Wireless Worldwide plummets on FTSE 250The FTSE 100 was making solid gains on Thursday morning ahead of much-anticipated Spanish debt auction later today. Spain will be in focus ahead of today's auction of two- and 10-year bonds. The yield on a 10-year Spanish note was down 0.8 basis points at 5.8% early on.Investors will be busy today keeping an eye on the G20 as the finance ministers and central bank governors of these advanced economies kick off a two-day meeting. While in the words of the organisation the meeting is meant to "address economic and financial challenges from the perspective of their impact on global welfare", Barclays points out that the real focus is on whether they can agree "on expanding the IMF funding, a safety net for the Eurozone, to $500bn." "Amid growing concerns over Spanish financing, the meeting failing to agree on enough expansion of the safety net would put a selling pressure on the euro," the broker warns. FTSE 100: Hargreaves, IMI lead the risersHargreaves Lansdown, the financial services provider and asset management group, rose strongly after seeing a record level of Assets under Administration (AuA) in the three months to March 31st despite the tough macro-economic conditions. Engineer IMI was a high riser after Jefferies upgraded its rating on the stock from hold to buy and hiked its target price from 840p to 1,150p. "Whilst the valuation appeals, so does the scope for acquisitions on the back of a strong balance sheet and healthy pipeline," the broker said.International Power (IPR), the FTSE 100 energy firm which has recently received a takeover offer from major shareholder GDF SUEZ, was flat despite seeing first-quarter revenue rise 5% on the back of strong growth in the emerging markets.Meanwhile, drinks group SABMiller rose after group revenue grew by one tenth in its final quarter, while Anglo American was in demand after seeing production in most of its major resource groups increase strongly in the first quarter.FTSE 250: Cable & Wireless Worldwide, Talvivaara plummetTelecoms group Cable & Wireless Worldwide, which has been rising strongly over the last few months, lost nearly a quarter of its value early on the day of the bid deadline for prospective bidders Tata Comms and Vodafone. Tata said last night that it does not intend to make an offer.Also suffering a sell-off was mining group Talvivaara after reiterating that full-year nickel production will be at the lower end of its guidance and saying that it has made an operating loss for the first quarter.High Street betting shopping Ladbrokes rose strongly after net revenue in the first three months of 2012 improved by 8.9%.FTSE 100 - RisersHargreaves Lansdown (HL.) 503.00p +4.47%IMI (IMI) 994.50p +3.65%Croda International (CRDA) 2,270.00p +2.44%Aberdeen Asset Management (ADN) 273.80p +2.13%Tullow Oil (TLW) 1,550.00p +2.11%InterContinental Hotels Group (IHG) 1,490.00p +2.05%Rolls-Royce Holdings (RR.) 829.50p +2.03%GKN (GKN) 213.20p +1.91%Serco Group (SRP) 562.50p +1.81%Imperial Tobacco Group (IMT) 2,547.00p +1.76%FTSE 100 - FallersWPP (WPP) 847.00p -1.45%British Sky Broadcasting Group (BSY) 661.50p -1.05%Man Group (EMG) 98.95p -0.65%SSE (SSE) 1,350.00p -0.44%Reed Elsevier (REL) 527.00p -0.28%Centrica (CNA) 316.60p -0.28%Xstrata (XTA) 1,135.50p -0.22%Royal Bank of Scotland Group (RBS) 24.38p -0.20%Polymetal International (POLY) 989.50p -0.15%Admiral Group (ADM) 1,208.00p -0.08%FTSE 250 - RisersDixons Retail (DXNS) 18.16p +6.20%Ruspetro (RPO) 210.00p +5.79%Ladbrokes (LAD) 170.30p +4.61%Kenmare Resources (KMR) 53.45p +4.60%Hiscox Ltd. (HSX) 415.10p +3.72%Taylor Wimpey (TW.) 51.60p +3.30%Barratt Developments (BDEV) 136.90p +2.85%Logica (LOG) 83.40p +2.71%Fenner (FENR) 453.20p +2.63%SVG Capital (SVI) 297.90p +2.62%FTSE 250 - FallersCable & Wireless Worldwide (CW.) 28.13p -24.08%Talvivaara Mining Company (TALV) 187.60p -16.62%Home Retail Group (HOME) 102.00p -1.83%WH Smith (SMWH) 537.50p -1.74%Shanks Group (SKS) 91.55p -1.51%Bumi (BUMI) 550.50p -1.34%Phoenix Group Holdings (DI) (PHNX) 523.00p -1.32%Rank Group (RNK) 120.20p -1.31%Ophir Energy (OPHR) 537.00p -1.29%JD Sports Fashion (JD.) 799.50p -1.24%BC