Stock market spirits were dampened by Microsoft and IBM's earnings report. The FTSE 100 fell by 11.6...
Stock market spirits were dampened by Microsoft and IBM's earnings report. The FTSE 100 fell by 11.6 to 5126.8 at close. Computer related shares suffered. ARM Holdings shed 15p to 310p and Logica slid 33p to 577p. Allied Domecq, the liquor company, lost 7p to 388p after it announced that profit will meet reduced interim expectations. Cable & Wireless was down 9.25p to 309.75p. The UK phone and internet services company won a case to purchase the assets of Exodus Communications, the web provider that filed for bankruptcy. Among the gainers, Glaxosmithkline rose by 53p to 1693p aft...
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