Unilever takes FTSE lower

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The FTSE 100 Index has lost 29.3 points, or 0.5%, to 5902.8 points this morning, led by consumer goods giant Unilever.

Unilever has dropped 53p, or 4.1%, to 1,236p. The company's second-quarter net income gained 35% to 986m euros, lower than a median estimate of 1.01bn euros in a Bloomberg survey. Imperial Chemical has fallen 8.25p, or 2.2%, to 369p after it said second-quarter profit fell to £15m from £110m on a European Commission fine. Barclays has risen 0.64% to 631.50p, saying it enjoyed an “excellent” first half, with profits up 37% thanks to a big performance from its investment banking business Barclays Capital. Wm Morrison has gained 5.47% to 217p. It served up a 4.6% rise in like for like sa...

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