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Markets

LSE Volume: 2,428 M
Avg Vol: 3,260 M -26%
Fallers
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Unchanged 646
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FTSE100 firmly higher in early deals today as miners advance

MORNING REPORT: The headline index was firmly higher in early deals today, with strength in the mining sector a major feature and AstraZeneca continuing its progress after well-received Q1 numbers....

AstraZeneca Q1 operating profit impacted by shrinking margins

Pharmaceutical giant AstraZeneca said revenue was up 3% at constant exchange rates in the first quarter. Revenue for the quarter was $6.416bn, up 3% at CER but core operating profit was down 11% to $1.952bn.

The Press Roundup

A brief summary of Thursday's main business headlines... Extensive coverage of Apple and Facebook results, Saga float, Barclays AGM.....

Travis sales grow

Building materials group Travis Perkins said the year has started in line with expectations. Like-for-like sales growth in the first quarter was 12.7%.

Cobham Q1 in line

Aerospace group Cobham said its trading performance and free cash flow generation in the first three months of the year has been in line with the Board's expectations.