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LSE:BT 22 May 2026

FTSE 100 up as BT gains; UK data tempers mood

FTSE 100 up as BT gains; UK data tempers mood

FTSE 100 opened higher on Friday, getting support from BT, Compass and 3i. Investors picked up UK stocks, betting on advances in U.S.-Iran talks, though new data pointed to softer demand in Britain. London’s main blue-chip index put on 38.41 points, or 0.37%, hitting 10,481.88. The FTSE 250 traded up 119.27 points, or 0.52%, at 23,067.19. BT climbed 3.74%. Compass was up 2.60%, and 3i added 2.27%. On the downside, ConvaTec, BP and Barratt Redrow slipped.
22 May 2026
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Stock Market Today

  • Genuine Parts Jumps After O’Reilly’s $10 Billion Auto Unit Offer
    July 3, 2026, 11:07 AM EDT. Genuine Parts Company (NYSE:GPC) shares shot up 12.9% to $132.57 after O'Reilly Automotive (NASDAQ:ORLY) was reported to have made a cash bid for GPC's auto parts business, tacking on about $2.1 billion to GPC's market cap. The offer puts the auto unit at a $10 billion value, or 8.3 times expected 2025 EBITDA. That leaves GPC's Motion industrial parts arm at an implied $8.2 billion. Investors are trying to figure out if management goes for the deal, spins off the unit, or waits for more offers. Genuine Parts reports Q2 results July 21. O'Reilly shares dropped 2.7% with the market signaling some concern over the potential acquisition's price and strategy.
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