Slow start to FTSE week

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The FTSE failed to lift itself out of the red today, losing 5.60 points to 5,072 points, paced by Imperial Chemical Industries

The British Chemicals specialist slipped 7.50p to 266.50p, on the back of rising crude oil prices, along with British Airways, losing 4.50p to 273p, due to similar reasons. Publishing firm Reed Elsevier also slipped 9.50p to 534p. Its US subsidiary, Reed Elsevier Capital recently completed a $700m two-tranche global bond offering. Shire Pharmaceuticals Group meanwhile, has climbed as much as 32p or 5.4% to 627.50p, after biotechnology group Transkaryotic announced successful phase III clinical trials in treating genetic disorder, Hunter Syndrome. Shire is marked to acquire Transkaryotic...

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