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FTSE ends comfortably higher, buoyed by benign data

END-OF-DAY REPORT: Headline shares ended the day comfortably higher, with better-than-expected UK unemployment data helping lift spirits, and with software house Autonomy surging after a new product release.

Derwent London hikes dividend 10% after strong year

Central London property company Derwent London reported adjusted net asset value per share of 1,168p, an increase of 18% in H2 (30th June 2009: 993p) and a reduction of 4.7% for the full year (31st December 2008: 1,226p).

Broker News & Views

Antofagasta downgraded to sell from hold at SocGen, target cut to 850p, and BHP Billiton downgraded to hold from buy, target reduced to 2,350p from 2,500p.

Playtech profits soar

Gaming industry software developer Playtech said gross income was up 23% to €137.3m in the year to end-December 2009, compared to €111.5m the prior year.

Cyprotex sales at £5m

Drug discovery specialist Cyprotex said this morning that revenues hit £5m in the year to end-December 2009, compared to £5.18m the previous year.
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