FTSE 100 movers: Tullow climbs on cost review

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Sharecast News | 12 Nov, 2014

Updated : 17:07

Tullow Oil rose after saying it was reviewing its costs in light of low international oil prices. The group said its financial performance in the year-to-date, before exploration write-offs and impairment charges, was in line with expectations.

G4S said its trading in the third quarter was in line with expectations with organic revenue growth up 4.2% compared to a year ago. The security company’s results in the nine months to the end of September were supported by new contract wins at a total value of £1.7bn, which will generate annual revenues of over £870m.

Capita's shares plunged after reporting a drop in its bid pipeline in its third quarter results. The bid pipeline stands at £4.1bn, compared to £5.7bn in July 2014, comprising 26 bids with 87% new business and 13% renewals.

SSE was also lower after reporting a 6.2% drop in pre-tax profit to £316.6m in its first half, though the utility group did lift its interim dividend by 2.3%.

After an initial rise, shares in Sainsbury sank firmly into the red after the supermarket group warned that its full-year profit and dividend would be lower than last year's. Like-for-like sales fell 2.1% in the first half, while underlying profit sank 6.3%.


FTSE 100 - Risers
Tullow Oil (TLW) 493.50p +2.34%
Randgold Resources Ltd. (RRS) 4,203.00p +2.01%
G4S (GFS) 269.20p +1.78%
Anglo American (AAL) 1,365.50p +1.75%
Antofagasta (ANTO) 722.00p +1.48%
Royal Mail (RMG) 464.10p +1.33%
Vodafone Group (VOD) 221.65p +1.19%
Rio Tinto (RIO) 3,017.50p +1.05%
Glencore (GLEN) 330.15p +0.95%
SABMiller (SAB) 3,519.00p +0.90%

FTSE 100 - Fallers
Capita (CPI) 1,048.00p -6.51%
Aberdeen Asset Management (ADN) 425.80p -4.53%
Hargreaves Lansdown (HL.) 983.50p -3.58%
easyJet (EZJ) 1,536.00p -3.21%
SSE (SSE) 1,532.00p -3.04%
International Consolidated Airlines Group SA (CDI) (IAG) 411.00p -2.49%
TUI Travel (TT.) 408.90p -2.18%
Barclays (BARC) 230.00p -1.96%
Mondi (MNDI) 1,055.00p -1.95%
Sainsbury (J) (SBRY) 263.90p -1.93%

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