M&A activity sparks FTSE rally
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London equities made strong gains on Friday, as fresh bid activity energerised the mining sector and Wall Street took off after Microsoft made an offer for Yahoo.
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US stocks rose sharply on Tuesday, amid a broad-based rally that included a rebound in the battered financial sector.
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London equities moved sharply higher on Thursday after a rebound on Wall Street overnight.
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European stock markets climbed strongly after shaking off a mixed overnight showing on Wall Street, as banking stocks gave a pre-weekend boost to London share prices.
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Business & money: Shares jump more than 12% after embattled bank reveals takeover offers.
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London stocks were higher on Wednesday as banks rallied, with Northern Rock rising strongly after saying it had received a number of unnamed approaches.
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European stock markets rose strongly with London trading at fresh two-year high points, as English football giant Manchester United said it had received a takeover approach.
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European equity markets were higher on Monday, buoyed by Friday&#39;s strong session on Wall Street and some snippets of bid activity.
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European stock markets rose on Monday, lit up by merger and acquisition news after a bright performance in Tokyo and Hong Kong, dealers said.
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Britain's FTSE 100 index  rose 0.3 percent in early trading on Wednesday as European and Asian bourses swept to multi-year highs and as ICI  leapt more than 9 percent on a sale of one of its units.
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European equity markets were higher on Thursday, buoyed by strong results from France Telecom  (NYSE:FTE)and Swiss engineering group ABB (NYSE:ABB) and prospects for restructuring at Italian insurer Generali.
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Leading shares closed higher, with further gains across the miners and fresh M&amp;A talk among financials giving the FTSE 100 a leg-up towards the 6,000 level in thin Labor Day volumes, dealers said.
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European equities rallied on Friday, recovering their poise after losses in the previous session sparked by concerns over the prospect of rising interest rates.
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European stocks were higher on Wednesday thanks to a strong performance on Wall Street overnight, and fresh merger and acquisition activity.
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Wall Street stocks soared on Tuesday afternoon as investors reacted with delight to a 50 basis point cut in US interest rates.
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Stocks rallied yesterday after the software maker PeopleSoft accepted Oracle&#39;s $10.3 billion sweetened buyout offer and other big deals fueled expectations for more takeovers.
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UK blue chips were strong in solid trade near the session peak as Wall Street pushed higher in early deals as investors assessed a big batch mainly positive batch of US data, dealers said