The FTSE 100 index fell 18.60 points to 4,442.90 by the close as investors took profits in a number of stocks that made strong gains in the past couple of days.
Reuters dropped 19.25p to 410p after yesterday’s 18% jump on full-year results. Vodafone shed 3.25p to 135.25p as investors cooled to the news from Germany that former Mannesmann executives only learned by accident of the bonuses they were paid as part of Europe’s biggest takeover deal. The executives are charged with criminal offences under German law, specifically that they accepted bonuses in order to drop opposition to Vodafone taking over the firm in 2000, to the detriment of Mannesmann shareholders. Bradford & Bingley fell 8.25p to 304.75p as UBS downgraded its shareprice target...
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