A 10-point lift for the FTSE on Tuesday, climbing +0.14% to 6,766.8. BSkyB saw the biggest upwards drift, climbing 3.75% to 871p while Shire also climbed sharply, up 2.75%, to 2991p. Amec was the Board's biggest slumper, down 3.44% to 1067p following its new £1.9bn offer for Foster Wheeler.
The Dow Jones finished 115.9 points higher at 16,373.
We start with a trading update from Tullow Oil. Tullow's 2013 financial numbers are expected to deliver "strong" revenue and gross profit growth and operating cash flow of $1.9bn reflecting growth in production and stable oil and gas prices.
"Following a successful $650m debut bond issue in November 2013," says the exploration player, "Tullow's balance sheet is well-funded and the Group has unutilised debt capacity of $2.4bn."
Tullow has seen significant takeover speculation recently, causing a spike in it share price. However Tullow's share price has now drifted lower to 856.50p. Progress in Kenya, Ghana and Mauritania is being watched particularly closely.
Next, a look at Burberry's third quarter trading update. For the three months up to 31 December, the British fashion player claims retail revenues climb 14% to £528m. Comparable sales are up 12% says Burberry.
"In the all-important festive period," says Burberry boss Anegla Ahrendts, "we are pleased with our 12% comparable sales growth, which was in line with our expectations. This performance reflects continuing strong brand momentum and our team's intense focus on retail execution."
We finish with a full-year trading statement from house builder Taylor Wimpey. Total home completions increased 7% to 11,696, up from 10,886 in 2012, of which 18% were affordable housing completions (2012: 18%). Taylor Wimpey claims an "excellent" order book for 2014.
Average selling prices on private completions increased 7% to £210k (2012: £197k). This increase is the result of a shift to better quality locations, claims the company, and market sales price increases in line with inflation.
"Our overall average selling price has increased by 6% to £191k (2012: £181k). In current market conditions, we expect to be able to deliver further increases in the number of completions and average selling prices in 2014."