UK stocks could not hold onto the gains they made yesterday, and the FTSE 100 index is down about 7 ...
UK stocks could not hold onto the gains they made yesterday, and the FTSE 100 index is down about 7 points to 3,982 this morning. Cable & Wireless leads the losers in the FTSE 100, dropping 3.25p to 92p, after analysts at CSFB warned that it is likely to report disappointing full-year figures on 4 June because of currency swings and less spending on its telecoms services by corporate clients. Prudential is down 12.25p to 363p after an analyst downgrade. Abbey National is down 12.75p to 459.75p following yesterday's proposals by the FSA for regulating mortgage brokers. ...
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