London stocks were steady in early trade on Thursday as investors eyed the latest US jobless claims, but Melrose was a high riser after well-received results.
At 0840 BST, the FTSE 100 was flat at 7,151.38.
In equity markets, ex-dividend stocks were a drag, with Admiral, BHP and Centamin among those in the frame.
Jarvis Investment Management Ltd offers a wide range of stockbroking and administration services and solutions. Their parent company, Jarvis Securities plc (LON:JIM) is listed on AIM.