Vodafone, on the largest stocks in the FTSE 100, helped to keep the UK's main index up by mid-mornin...
Vodafone, on the largest stocks in the FTSE 100, helped to keep the UK's main index up by mid-morning trading after it said a loss at its Japanese unit won't impact its earnings, even though plans by HBOS to have another share sale have not been met so happily. HBOS says it plans to raise £1.37bn by selling up to 150 million shares, but its 2001 net income also fell to £1.68bn from £1.78m a year earlier and HBOS' stock price subsequently dropped 34p, or 4.2% to 771p. The FT-SE 100 index rose 44.80 points, or 0.9%, to 5183.80, and Vodafone rose 6.5p, or 5% to 135.75p, however, other b...
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