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LONDON MARKETS: U.K. Stocks Extend Gains To 12-year High

U.K.'s benchmark stock index flirted with a more than 12-year high on Tuesday, with mining firms recouping parts of the prior day's losses and Capita PLC rallying after contract news.The FTSE 100 index rose 0.2% to 6,765.09, building on gains from Monday, when the index closed at the highest level since September 2000.Shares of Capita jumped 7.1%, after the process management and outsourcing company said it was selected by O2 as a preferred bidder for a 1.2 billion-pound ($1.8 billion) 10-year contract for customer management services.Mining firms were also higher, after posting broad-based losses the prior day. Fresnillo PLC added 2%, Antofagasta PLC climbed 2.9% and Rio Tinto PLC (RIO) gained 3.3%. Metals prices were, however, mostly lower.Oil firms rose, even as oil prices inched lower. Royal Dutch Shell PLC (RDSB) put on 0.9%, BG Group PLC added 0.5% and BP PLC (BP) gained 0.1%.Marks & Spencer Group PLC picked up 5.9%, after the retailer reported full-year pretax results in line wi...

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    The next time you attend a management meeting and try to pick out the chief information officer (CIO), don't waste your time looking for someone wearing a beanie cap with a propeller.

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  9. Sainsbury(J) PLC Acquisition -2-

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  10. Wipro to Pay $30 Million for Stake in U.S. Data-Analytics Firm

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  11. Adobe Systems to Focus on Web Software

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    Automatic Data Processing Inc.'s (ADP) fiscal third-quarter earnings rose 6.7% as the payroll and benefits-administration company posted improved revenue from all th...

  1. LONDON MARKETS: U.K. Stocks Extend Gains To 12-month High

    U.K.'s benchmark stock index flirted with a more than 12-year high on Tuesday, with mining firms recouping parts of the prior day's losses and Capita PLC rallying af...

  2. iGate sacks chief executive Murthy after sexual harassment claim

    The board of iGate Corp, an information technology outsourcing services provider, has sacked Chief Executive Officer Phaneesh Murthy following an investigation into ...

  3. Solar Stocks Help ADR Shares End Higher

    International companies trading in New York closed higher Monday amid rising solar stocks and positive comments out of Japan about its economy.The Bank of New York i...

  4. Blackstone, Pactera insiders make $680 million offer

    Pactera Technology International Ltd said on Monday that Blackstone Group LP , together with the company's management, made a $680.3 million non-binding proposal to ...

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    A consortium led by U.S. private equity firm Blackstone Group L.P. (BX) has launched a bid for U.S.-listed Chinese outsourcing firm Pactera Technology International ...

  6. Infosys: Will Appeal $106 Million Tax Notice

    Infosys Ltd. (500209.BY) said Monday it will challenge an order from Indian authorities seeking $106 million in tax on benefits claimed by the outsourcing company in...

  7. Accenture to Buy Acquity for $316 Million

    Accenture PLC (ACN) has agreed to purchase Acquity Group Ltd. (AQ) for about $316 million in cash to expand the consulting company's range of digital marketing servi...

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