Technology stocks look set to end the week with losses having climbed in value this week thanks t...
Technology stocks look set to end the week with losses having climbed in value this week thanks to a clutch of redundancy notices on both sides of the Atlantic. The Footsie opened lower as a result of the Nasdaq's third decline in four days. The FTSE was 45.6 points down at 5918.4 with ARM 41.5p lower at 351.5p, Logica 40p to 900p, Marconi 20p to 373p, Energis 16.5p to 300p and Colt Telecom 69p to 829p. Prudential gained 8.5p to 854.5p after dropping out of the bidding for American General and collecting a $600m bonus for doing so. Its decision leaves the way open for American Internatio...
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