Reuters heralds bad news for FTSE

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The FTSE 100 Index is down 3.5 points at 5,868.9 points this morning, led by global news and information provider Reuters Group.

Shares in Reuters Group have fallen 8.14% to 414.50p after Citigroup said in a note the numbers and outlook were disappointing. Defence company BAE Systems is another top faller, dropping 2.07% to 438p after reporting a bigger-than-expected pension deficit, despite results meeting expectations. Meanwhile, shares in Capita are topping the list of FTSE 100 risers, adding 2.44% to 451.25p after it posted a near-20% rise in full-year profit. Brambles Industries has also added 2.15% to 415.50p after the American arm of its CHEP pallets business helped to drive a surge in profit. In Japan,...

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