Reuters: Hot Stocks: Britain's FTSE edges higher, buoyed by upbeat earnings

Reuters: Hot Stocks Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Britain's FTSE edges higher, buoyed by upbeat earnings Jul 30th 2013, 07:15 LONDON, July 30 | Tue Jul 30, 2013 3:15am EDT LONDON, July 30 (Reuters) - Britain's top shares edged higher on Tuesday, as upbeat positive corporate earnings newsflow from the likes of engineer Weir and car and plane parts maker GKN offset steep falls from Barclays. Weir topped the FTSE 100 leader board, ahead 3.8 percent, and GKN rose 3 percent higher after both companies beat first-half profit expectations. This helped lift the UK benchmark 14.45 points, or 0.2 percent, to 6,574.70 by 0710 GMT. Barclays, however, was left nursing a 6.1 percent fall after the UK lender announced plans to raise 5.8 billion pounds ($8.90 billion) from its shareholders to meet capital short falls. (Reporting by Tricia Wright)

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