Another lift for the FTSE 100 on Monday, climbing almost 17 points to 6,875. Barratt was the biggest climber, up 2.54% to 375.90p with Sports Direct rising +1.48% to 825p. The Boards's biggest loser was Babcock International, down 1.92% to 1226p; Lloyds slumped 1.66% to 78.82p.
The Dow Jones lifted 18 points, taking it to 16,943.10 following a handful of deals.
We start with a 17.9% lift in Group revenue for Ted Baker, the British lifestyle brand for the 19 week period to 7 June. E-commerce business saw sales rise 48.1%. Gross margins were in line with expectations.
Wholesale sales for the period were 25.2% above the same period last year, reflecting decent performance from its UK and export business and a strong performance from its US wholesale business.
"We have," says chief exec Ray Kelvin, "delivered further progress across our global markets and distribution channels. We are pleased with the performance of our Spring/Summer collections both in the UK and internationally."
Next, preliminary numbers from Oxford Instruments. Orders grew 2.5% to £342.2 million (2013: £334.0 million) for the year to 31 March. Adjusted profit before tax climbed slightly to £47.1 million (2013: £47.0 million). Revenues grew 2.7% to £360.1 million (2013: £350.8 million).
"The Group delivered another successful result, with orders, sales and profits all ahead of the prior year," says boss Jonathan Flint. "We are very pleased to welcome Andor to Oxford Instruments and see the acquisition as an important part of the next phase of our growth."
Finally, Imperial Tobacco says it will float Compañía de Distribución Integral Logista Holdings, S.A. In February Imperial Tobacco responded to speculation about Logista, confirming it was reviewing options.
Imperial says it will launch an IPO involving wholly-owned subsidiary Altadis S.A.U. to sell a portion of its shares to institutional investors. Imperial retains the majority of Logista shares.
Logista is an integrated tobacco distribution and logistics company in Southern Europe.