Vodafone Share News (VOD)

- Misys up seven per cent after 350p-a-share Vista offer- Burberry weighed down by French tax reports- Markets looking ahead to Wednesday's BudgetThe Footsie fell into the red in early trading on Monday, with the market looking ahead to Wednesday's Budget."We have entered the doldrums of market indecision, where direction is not being led by any data or any outright sentiment," said Owen Ireland from Valbury Capital. "This pause could simply be a sign that traders aren't willing to completely sell into the off-risk days, and that the longer-term gist is one of positivity. Such subdued volatility may give respite to the nerves of many investors," he said.The annual Budget is looming and never before has the build-up proved to be so contentious. The rumour mill is working overtime and demands are being made on Chancellor George Osborne from all sides. And in the current climate, this puts him in a perilous political position with little room for manoeuvre.Prime Minister David Cameron will today float the idea of motorway tolls to help pay for an upgrade to the UK's road network. In a speech later Cameron is expected to say Britain needs to look at innovative approaches to the funding of national roads, to increase investment and reduce congestion. MISYS RECEIVES 350P-A-SHARE OFFER FROM VISTAThe big news of the morning was surrounding FTSE 250 financial software developer Misys, which has recommended to it shareholders a 350p-a-share cash offer by Magic Bidco Limited, an investment vehicle indirectly owned by Vista Funds. Shares were up nearly 7% at the 352p level in the opening hour, despite the firm also revealing that revenues are down 3% in the year-to-date, affected by the "cautious approach" adopted by customers and continuing challenging conditions in financial markets. The company also withdrew its medium-term revenue and margin targets.On the FTSE 100, telecoms peers BT and Vodafone were the best performers early on. Construction giant CRH and real estate investment trust Land Securities were under the weather ahead of Wednesday's Budget. In a research note this morning, Jefferies said that potential stamp duty reforms could adversely affect commercial property.Investors of Burberry were being scared off by reports that potential income tax and VAT increases in France could affect the demand for luxury goods. According to an article in Bloomberg last night, whoever wins next month's election - whether it be frontrunners Nicolas Sarkozy or Francois Hollande - the manufacturers of luxury goods "will be the likely losers".InterContinental Hotels was out of favour after launching a new brand, HUALUXE, of hotels and resorts in China, which will look to tap into the growth of domestic travellers and the increase in outbound international travel by Chinese people.House builder Berkeley was flat despite saying that it has delivered a robust trading performance in the four months to February 29th. The group said that demand for its residential property in 2012 has remained resilient, encouraging it to top up its land bank.Northern Russia-focused oil producer Exillon Energy fell after delaying its short-term output target due to "operational difficulties". Pre-tax loss totalled $7.1m in 2011, compared to a loss of $3.7m the year before, on revenue that surged from $84.8m to $203.0m. BCFTSE 100 - RisersVodafone Group (VOD) 167.85p +0.90%BT Group (BT.A) 217.10p +0.70%Hammerson (HMSO) 427.40p +0.56%Resolution Ltd. (RSL) 280.30p +0.54%Aberdeen Asset Management (ADN) 254.70p +0.51%ARM Holdings (ARM) 578.00p +0.26%Reed Elsevier (REL) 545.50p +0.18%Imperial Tobacco Group (IMT) 2,543.00p +0.16%Old Mutual (OML) 163.40p +0.12%Sage Group (SGE) 299.60p +0.10%FTSE 100 - FallersCRH (CRH) 1,377.00p -2.27%Kazakhmys (KAZ) 943.00p -1.77%GKN (GKN) 213.40p -1.75%Tullow Oil (TLW) 1,502.00p -1.70%Vedanta Resources (VED) 1,394.00p -1.62%Barclays (BARC) 250.10p -1.54%Land Securities Group (LAND) 732.00p -1.48%National Grid (NG.) 634.50p -1.48%Lloyds Banking Group (LLOY) 36.95p -1.47%Standard Chartered (STAN) 1,638.00p -1.47%FTSE 250 - RisersMisys (MSY) 351.90p +6.80%Gem Diamonds Ltd. (DI) (GEMD) 265.10p +5.20%Essar Energy (ESSR) 129.40p +3.60%Dixons Retail (DXNS) 17.55p +3.24%Cable & Wireless Worldwide (CW.) 34.51p +3.05%Daejan Holdings (DJAN) 3,038.00p +2.70%Rank Group (RNK) 133.00p +2.47%Stobart Group Ltd. (STOB) 133.00p +2.31%BH Global Ltd. USD Shares (BHGU) 11.825 +1.94%Edinburgh Dragon Trust (EFM) 251.50p +1.62%FTSE 250 - FallersTelecom Plus (TEP) 656.50p -4.16%Petra Diamonds Ltd.(DI) (PDL) 174.50p -3.99%Exillon Energy (EXI) 210.70p -3.35%Computacenter (CCC) 447.10p -3.20%International Personal Finance (IPF) 263.50p -2.91%Redrow (RDW) 132.20p -2.29%Bwin.party Digital Entertainment (BPTY) 149.70p -2.03%Heritage Oil (HOIL) 160.00p -2.02%Centamin (DI) (CEY) 78.40p -2.00%Hikma Pharmaceuticals (HIK) 715.50p -1.92%