Reports in the Independent on Sunday yesterday that Cable & Wireless will not be able to break even ...
Reports in the Independent on Sunday yesterday that Cable & Wireless will not be able to break even by 2004 after all have kept the FTSE 100 low this morning as there seems little to enthuse investors. The FTSE 100 dropped 34.1 points or 0.7% to 5155.4 after Cable & Wireless itself announced its US, Japan and UK units may not reach original targets and subsequently shed 4.1% to 258.5p. Makers of educational software and hardware, RM, also plunged 122.5p or 54% to 102.5p as it is thought profits have probably fallen and revenue is expected to have fallen by 15% as schools have cut orde...
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