StockMarketWire.com - The FTSE 100 slipped 0.27% to 7,020 on Thursday morning following the US Federal Reserve's fourth rate rise in a year.

Reckitt Benckiser (RB.) was one of the market's strongest performers, gaining 7% to 6,033p after announcing it has ended discussions with Pfizer regarding a takeover of its consumer healthcare business.

Secure Trust Bank (STB) added 2.6% to 1,700p on news it made a group profit before tax on continuing operations of £25.0m for the year to 31 December 2017, a 28.9% increase on the prior year.

Ted Baker (TED) edged down 2.4% to 2,865p following a warning of challenging external trading conditions at the start of the 2018 financial year. The group grew its group revenue by 11.4% (9.6% in constant currency) to £591.7m in the 52 weeks ending 27 January.

SOCO International (SIA), an international oil and gas exploration and production company, made a loss of $157.3m in 2017, compared with $4.2m the year before. Revenue totalled $156.2m, compared with $154.6m the year before, sending the shares up 1.3% to 97p.

M&C Saatchi (SAA) revealed record revenue and earnings for 2017, lifting its share price by 2.7% to 413p. Revenues grew by 12% to £251.5m in 2017, or by 7% in constant currency terms.

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