Dim trading statements smash FTSE

Declines in on-trade beer volumes has struck Enterprise, down 13.96% to 297.50. Telco giant Vodafone is not faring much better, as it cautions on yearly earnings estimates. It is 12.9% lower to 130 so far. Carphone Warehouse is also in decline, 6.62% lower to 188.40. Better news for Cairn Energy on a good morning for the oil groups, up 7.55% to 2778. Oil services provider John Wood Group is also higher, up 5.22% to 423. A 33% revenue increase has boosted Johnson Matthey, 3.66% ahead to 1729. In New York, a late Bank of America-led rally was not enough to push the Dow Jones IA into t...