FTSE falters with early falls

Leading the losses is Friends Provident, down 7.40 (7.12%) to 96.6p, while London Stock Exchange Group has slipped 62.50 (6.89%) to 845p. Inmarsat, Thomson Reuters and HSBC holdings have all dropped 4-5% so far. However, bucking the downward trend is Wolseley, despite a profit drop of 77% after being hit by the US and UK market slowdowns. The shares have climbed 20.50 (4.95%) to 434.5p. Schroders has risen 3.86% to 1131p, while resources companies Kazakhmys, Eurasian and Vedanta Resources have all added to their share prices. In New York, the Dow Jones finished up 368.75 points (...