Inmarsat Share News (ISAT)

(ShareCast News) - UK stocks edged higher as investors digested a raft of remarks over the weekend from various members of the Federal Reserve and ahead of a speech from another top US central bank official scheduled for later on Monday.As of 1147 BST the Footsie was 33.45 points higher to reach 6,137.27.The president of the Federal Reserve of Atlanta, Dennis Lockhart, will address investors 18:00BST.Preceding him, three Fed speakers weighed in with hawkish remarks regarding the FOMC's - the US central bank's rate-setting organ - decision to stay put on interest rates on 17 September.In a very critical vein, on Saturday the President of the St.Louis Fed, James Bullard, said in a speech: "Why do the committee's policy settings remain so far from the normal when the objectives have essentially been met? The committee has not, in my view, provided a satisfactory answer to this question."Bullard was not a voting member of the FOMC in 2015.Echoing his remarks, in a statement published on Saturday the President of the Federal Reserve bank of Richmond, Jeffrey Lacker, said the central bank was changing the way it responds to the economy.That was dangerous as one of the "essential foundations" for the "monetary stability we currently enjoy" was the public's understanding of the Fed's behaviour.Greek 10-year bond yields were lower by six basis points to 8.35% following the victory by Alexis Tsipras' Syriza party in Greece's elections, over the weekend.The outcome was greeted by financial market analysts who said it showed the reformist camp in Athens had obtained a clear mandate from the electorate.A splinter group of hard-left Syriza members who had triggered the vote failed to win sufficient votes for them to be represented in parliament.Investors focus on drug-maker Shares after EU decisionShire was the top riser on the FTSE 100 after the pharmaceuticals company said its Intuniv drug has been awarded European approval for use as a non-stimulant drug for attention deficit hyperactivity disorder in children and adolescents for whom stimulants are not suitable.RSA Insurance has announced that Zurich Insurance has terminated discussions with the London-listed insurer regarding a possible offer. Zurich, which issued third-quarter results on Monday said in a statement that it has terminated talks with RSA due to the recent deterioration in the trading performance of its general insurance business. "The group's focus instead will be on taking the necessary actions to deliver on the required performance of the General Insurance business," it said.Analysts at Credit Suisse believe the outperformance by shares of Wolseley versus the sector and the index in the last three years - thanks to its margin and market share expansion in the US - can be maintained. They see a multi-year growth opportunity in the US and up their target price to 490p from 440p. The stock has also been added to the Swiss broker's European and Global Focus lists.Standard Chartered was under pressure on Monday on the back of a press report suggesting the bank has been involved in transactions that could put it at risk of further sanctions penalties. The Financial Times said findings of its investigation into the bank suggest it continued to seek new business from Iranian and Iran-connected companies after committing in 2007 to stop working with such clients.Shares in industrial components manufacturer Rotork were under the cosh again as JPMorgan Cazenove downgraded the stock to 'neutral' from 'overweight' and slashed its price target to 180p from 245p following the company's profit warning last week. JPM said it's clear that end-market challenges are having a greater impact on the group than it expected and it has cut its 2015/2016/2017 earnings before interest, tax and amortisation forecasts by 16%/27%/25% as a result.Lufthansa passengers will be able to use the internet on European flights next summer as part of a collaboration with satellite communications firm Inmarsat. The airline will use Inmarsat's Global Xpress satellite-based broadband service on board its European flights. No financial details were given.Market MoverstechMARK 3,067.91 +0.26%FTSE 100 6,137.00 +0.54%FTSE 250 16,936.03 -0.09%FTSE 100 - RisersWolseley (WOS) 4,227.00p +2.20%Inmarsat (ISAT) 1,009.00p +2.07%Shire Plc (SHP) 4,842.00p +2.04%London Stock Exchange Group (LSE) 2,440.00p +2.01%SSE (SSE) 1,453.00p +1.75%Mondi (MNDI) 1,402.00p +1.59%Taylor Wimpey (TW.) 202.00p +1.56%Morrison (Wm) Supermarkets (MRW) 159.00p +1.53%Coca-Cola HBC AG (CDI) (CCH) 1,395.00p +1.53%Tesco (TSCO) 177.00p +1.35%FTSE 100 - FallersRSA Insurance Group (RSA) 405.30p -20.45%Standard Chartered (STAN) 697.00p -3.56%Glencore (GLEN) 122.10p -3.10%Aberdeen Asset Management (ADN) 324.70p -1.96%GKN (GKN) 271.40p -0.88%Kingfisher (KGF) 348.50p -0.74%Ashtead Group (AHT) 974.00p -0.71%Johnson Matthey (JMAT) 2,529.00p -0.67%ARM Holdings (ARM) 955.50p -0.52%International Consolidated Airlines Group SA (CDI) (IAG) 597.50p -0.50%FTSE 250 - RisersSynergy Health (SYR) 1,561.00p +3.38%NMC Health (NMC) 792.00p +3.33%Northgate (NTG) 491.20p +2.40%Ocado Group (OCDO) 352.90p +2.32%Daejan Holdings (DJAN) 6,105.00p +2.18%Card Factory (CARD) 363.10p +2.11%Cranswick (CWK) 1,643.00p +1.92%Redefine International (RDI) 53.60p +1.90%Booker Group (BOK) 179.40p +1.82%National Express Group (NEX) 290.50p +1.79%FTSE 250 - FallersRotork (ROR) 171.10p -8.31%AO World (AO.) 160.20p -5.71%Petra Diamonds Ltd.(DI) (PDL) 105.80p -4.68%Vesuvius (VSVS) 362.10p -4.61%Ophir Energy (OPHR) 87.00p -3.87%Premier Oil (PMO) 75.20p -3.71%PayPoint (PAY) 1,051.00p -3.67%Evraz (EVR) 66.25p -3.64%Ashmore Group (ASHM) 255.20p -3.37%Kaz Minerals (KAZ) 145.90p -3.19%