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FTSE ends slightly higher with miners underpinning gains

END-OF-DAY REPORT: Headline shares closed slightly higher, banks providing some of the best and worst FTSE performers and rallying mining stocks underpinning gains, but with BSkyB topping the leaderboard.

AGA Rangemaster earnings slump as downturn bites

Iconic cooker maker AGA Rangemaster said it made a profit before tax of £0.5m in an extremely tough year for its core product lines, down from £14.4m the prior year. Revenue slipped to £245m in 2009 from £279.4m.
Climate Exchange revenues up 48% in 2009

Broker News & Views

Inmarsat has been upgraded to outperform from neutral at Exane BNP Paribas, target raised to 910p, while HSBC was cut to neutral from buy at Goldman Sachs.

Luminar on target

Nightclub operator Luminar said this morning that it expects profits for the year to 25th February, before exceptional items, will be in line with expectations.

Liberty confirms talks

In response to press speculation, Liberty confirmed that it has received approaches which may or may not lead to an offer for the Company.
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