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FTSE shrugs off stalling US growth to hit two-month high
by Daniel Grote on May 01, 2014 at 10:29
Serco Group (SRP) slid 11.5p or 3.4% to 328.6p after the outsourcer, caught up in a scandal over the tagging of prisoners last year, warned investors it needed to raise more money as it cut profit forecasts again.
Among smaller companies, Salamander Energy (SMDR.L) surged 9% to 146.5p after the Asia oil and gas company announced it was in talks over a potential sale.
Carclo (C1Y.L), tumbled 26% to 133.6p after revealing slower-than-expected growth in the touch sensors it manufactures.
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As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
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Look up the shares
- British Sky Broadcasting Group PLC (BSY.L)
- Lloyds Banking Group PLC (LLOY.L)
- Schroders PLC (SDR.L)
- J Sainsbury PLC (SBRY.L)
- BG Group PLC (BG.L)
- BHP Billiton PLC (BLT.L)
- Salamander Energy PLC (SMDR.L)
- Carclo PLC (C1Y.L)
- Weir Group PLC (WEIR.L)
- Serco Group PLC (SRP.L)
On the road
by Dylan Lobo on Jul 28, 2014 at 08:03