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FTSE up on stress-tested banks, house builders

FTSE indices were trading higher to midday with banks clustered at the top of the blue-chip winners' ladder after Bank of England stress testing on their balance sheets please traders. House builders were gaining, too, as were several insurers and US rates-sensitive utilities, among others.

Topps Tiles lifts FY profit

Topps Tiles has improved its FY pretax profit to GBP17m, from GBP16.7m. Revenue was up to GBP212.2m, from GBP195.2m. Its final dividend was 2.25p a share, taking the total to 3p, from 2.25p.

Caza's talks

Caza Oil & Gas's has agreed a second amended forbearance and reservation of rights agreement with Apollo Investment Corp.

Brady warns

Brady has warned that full year results will be materially below market forecasts due to the deterioration in the commodity sector.

CCT's earnings

The Character Group reports a net profit before tax on continuing operations of GBP12.27 million for the year to the end of August (2014: GBP7.11m).