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FTSE 100 movers: Talis purchase boosts Capita

Fri, 04th Mar 2011 13:27

Outsourcing firm Capita Group has acquired Talis Information, a provider of management software and managed services to the academic sector. Fellow outsourcing group Serco is also higher after Bank of America Merrill Lynch raised its recommendation from neutral to buy. Advertising giant WPP made over £1bn for the first time ever in 2010, but investors seem distracted by violence in the Middle East, which accounts for 1.7% of revenue. Headline profit before tax increased 27.3% to £1.03bn on revenue up 7%, or 5.6% at constant currency, to £9.33bn, while like-for-like sales grew 5%. Billings rose 1% to £42.68bn.FTSE 100 - Risers Serco Group (SRP) 616.00p +4.14%Pearson (PSON) 1,092.00p +3.61%Standard Life (SL.) 238.40p +3.29%Capita Group (CPI) 789.50p +3.07%Aviva (AV.) 471.00p +3.00%G4S (GFS) 271.20p +2.96%Petrofac Ltd. (PFC) 1,459.00p +2.75%Land Securities Group (LAND) 779.50p +2.23%British Land Co (BLND) 586.50p +2.18%Weir Group (WEIR) 1,807.00p +2.09%FTSE 100 - Fallers WPP (WPP) 806.00p -3.65%Fresnillo (FRES) 1,570.00p -2.73%United Utilities Group (UU.) 592.00p -1.25%Randgold Resources Ltd. (RRS) 4,907.00p -1.17%HSBC Holdings (HSBA) 657.20p -0.83%Compass Group (CPG) 544.50p -0.82%GKN (GKN) 209.40p -0.81%Imperial Tobacco Group (IMT) 1,957.00p -0.76%British American Tobacco (BATS) 2,483.50p -0.72%Carnival (CCL) 2,646.00p -0.64%

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