Mobile phones pushes FTSE down

UK stocks dropped this morning, led by MMO2 after analysts cut its recommendations. The benchmark FTSE 100 is currently down 6.60 points to 4,018.20. after MMO2, Britain's fourth-largest mobile-phone company, shed 0.75p to 54.25p after Goldman cut its recommendation for the stock to "underperform" from "in-line". Corus Group gained 0.25p to 17.5p. RMC dropped 9.75p to 465p after the company announced its 2003 financial performance will probably meet analyst expectations. In Asia, Tokyo's Nikkei 225 index dropped 77.07 points to 9,547.73 earlier today, and Hong Ko...