Profit taking and a growing sense of realism permeated the US and UK markets again today. Heady...
Profit taking and a growing sense of realism permeated the US and UK markets again today. Heady ideas of a boisterous recovery were winded by depressing news from telecom bellwether Nokia and technology bigwig Lucent Technologies, which sent their respective sectors into the red. The FTSE 100 finished Tuesday relatively flat, down 6.4 points to 5248.4. Nokia said it has cut its first-quarter sales forecast in light of declines experienced in its network business. The group admitted sales from that division will be down around 25% against its former expectation of 20%. Le...
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