Updates from Reckitt Benckiser and Betfair

The FTSE 100 ended almost 43 points higher at 6,286.59 on Friday, partly in thanks to US improvement and stronger mining sentiment: witness the +26.63% climb by Eurasian Natural Resources. In contrast, IMI saw the biggest dip, down -1.59%.

Overnight, Japanese shares climbed again supported by a tumbling yen with the Nikkei 225 climbing +1.76% to 13,550.

We commence with an update from Finish dishwasher tablet and Nurofen maker Reckitt Benckiser. The household products operator says net revenue has climbed +7% to £2.517bn with Mucinex and Strepsils sales boosted from higher-than-normal US flu levels.

There's like-for-like net revenue growth of +6% with revenues for its pharma division climbing +19%. The Schiff integration is progressing well Reckitt claims and says it's confident of achieving ful-year targets.

"In Hygiene, Dettol continues to grow very strongly in Emerging Market Areas through innovation and category expansion, and Lysol is performing well in the US. The Schiff integration is progressing well and our revenue growth is well ahead of the US VMS market."

Next, Betfair says it has rejected an offer price of 880 pence per share in cash for the company from CVC Capitla Partners, owner of Formula One. Too cheap says Betfair. Bear in mind that Betfair floated in 2010 at £13 a share. Currently it trades at 805p.

Betfair has a new boss and says it wants time to improve matters. "We have a unique business with a market position, profitability, cash flow and prospects that this proposal fails to recognise. Our new management team are implementing the strategy announced in December 2012 and it is this that will realise value for shareholders."

There will be update from Betfair on 7 May on progress of its strategy, including cost efficiencies, plus recent trading performance.

Lastly, an interim from business information player Informa. Q1 trading is broadly as anticipated says the company with full year expectations unchanged. Academic Information is trading "well". Large Events are performing strongly but Corporate Training made a slow start it says.

Group performance through the Q1 period was broadly as anticipated, with an organic revenue decline of -3.6% says the company. This was impacted by timing differences due to the early Easter. In addition, the drag from product pruning completed in 2012 accounted for almost a quarter of the decline, claims Informa.

"Our strategic focus," says chief exec Peter Rigby, "is on continuing to build our digital subscription base and Large Event portfolio while further expanding our presence in emerging markets, improving the underlying quality of earnings and enhancing the visibility and strength of our cash flows."