Markets in the UK marched downwards again today depressed after yet another grim performance from Wal...
Markets in the UK marched downwards again today depressed after yet another grim performance from Wall Street. Telecom and technology stocks were the major victims. The FTSE 100 was down 120.4 points to 5420.3. Factory controls manufacturer Invensys joined the tech tumble and the growing list of companies to be hit by a decline in their trading with the US. Invensys led the morning's losers after it warned that second-half profits will be marginally lower than those of the first half. On the upside, the group said its recent acquisition, Baan, is now trading profitably. Even so, the ...
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