Corus fails to bring FTSE down

Financial stocks are doing well with Amvescap currently posting the biggest gains with a rise of 5.03% to 627p, closely followed by hedge fund Man Group which is up 3.06% to 455.25p, while Standard Chartered bank has gained 2.42% to £14.37. Steelmaker Corus is the biggest loser so far with a drop of 3.69% to 475.75p, after reports that although it has been in talks with Indian rival Tata Steel no firm bid has yet been made. Meanwhile cruise operator Carnival is down 1.66% to £25.55, closely followed by Shire Group which is down 1.44% to 993.5p, while ITV has dropped 1.25% to 99p, and ...