News that Vodafone is returning to the market for £3bn in a share placing sent the FTSE 100 int...
News that Vodafone is returning to the market for £3bn in a share placing sent the FTSE 100 into the red. Nasdaq's strength yesterday lifted UK technology stocks but it wasn't enough to offset the Vodafone impact. The FTSE 100 slipped 14.3 points to 5913.7 - Vodafone sliced off around 30 points alone. Index heavyweight Vodafone led the FTSE 100 fallers and accounted for around a third of the days trading. The market pounced on news that it's to sell £3bn worth of shares to finance its £4.8bn purchase of BT's stake in Japan Telecom and Spain's Airtel. Vodafone shares sunk 8p to 1...
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