Faults with AstraZeneca drug pushes FTSE down

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The benchmark FTSE 100 closed down 25.10 points today to 4,102.50 after UK stocks ended Tuesday on a...

The benchmark FTSE 100 closed down 25.10 points today to 4,102.50 after UK stocks ended Tuesday on a pessimistic note. Among today's losers was AstraZeneca which shed 101p to 2,459p after analysts at Goldman, Sachs said the drugmaker's blood-clot treatment may pose a threat to patients' livers and may be subject a extended review by US regulators. Aviva advanced 14p to 473p after it announced that Norwich Union will cut 900 jobs in its general insurance and life and pensions businesses. HSBC Holdings gained 5p to 761.5p after an analyst at SG Securities Corp. raised ...

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