Jul 7, 2017

Centrica shares up on takeover talk

Shares in British Gas owner Centrica rose 4% in early trade following a report that it could be a bid target. A report on the Wall Street Wires website said there was talk that the company had attracted the interest of a couple of potential buyers. Shares in Easyjet rose 3.9% after Credit Suisse raised its rating on the airline to "Outperform" from "Neutral". In the FTSE 250, shares in homewares retailer Dunelm rose 3.1% after it reported strong fourth quarter trading. Total revenues for the 13 weeks to 1 July rose 17.7% to £340m, helped by the company's takeover of home improvement products retailer Worldstores.

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