New York markets have started down today following a big drop in the FTSE on fears the war in Iraq c...
New York markets have started down today following a big drop in the FTSE on fears the war in Iraq could take longer than forecast because of increasing incidences of guerrilla warfare against UK and US troops. The FTSE 100 index lost 117.80 points to 3,743.30 by the close, marking the first day of losses in 8 trading days. Old Mutual led the way down with a 7.75p loss to 79.25p after the company reported chief executive Jim Sutcliffe's earnings jumped 21% last year even as the company made record losses and did not increase its dividend. Prudential led the life sector ...
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