Financial Times FT.com

US defence advances Cobham

By Bryce Elder and Neil Hume

Published: November 18 2009 08:52 | Last updated: November 18 2009 20:32

Cobham was among the top performers on Wednesday as the FTSE 100 struggled for direction.

The defence and aerospace group rose 2.7 per cent to 236¼p after Morgan Stanley played down fears about US budget cuts.

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