Reuters pegs FTSE back

clock •

In the UK the FTSE 100 Index has shed 6.10 points to 5264.60 at its close, led by Reuters.

The provider of financial data shed 32p or 7% to 380.25p, after it announced a £1bn buyback, while analysts say 2006 profit estimates may drop as much as 20%. Oil exploration firm BP has also declined 9p to 633.5p, after reporting a 29% increase in second-quarter profit to $4.98bn on the back of a surge in crude oil prices. The figure however, failed to meet the $5.6bn figure expected by analysts. Online search engine, Yell group has, meanwhile, climbed 20.25p or 4.6% to 459.75p, after reporting a 20% increase in its fiscal first-quarter net income to £46.8m. Cable & Wireless advanced...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Anthropic bankers preparing to increase IPO valuation to $1.5trn – reports

Anthropic bankers preparing to increase IPO valuation to $1.5trn – reports

Draft prospectus filed on Tuesday

Jack Roach
clock 11 November 2026 • 2 min read
US midterms: What history tells us about what comes next

US midterms: What history tells us about what comes next

Expect a post-election pop

Dan Lefkovitz
clock 10 November 2026 • 4 min read
Watch PA's Working Lunch with Baillie Gifford - The future of growth investing

Watch PA's Working Lunch with Baillie Gifford - The future of growth investing

Catch up on the discussion

Professional Adviser
clock 03 November 2026 • 1 min read