| U.K. stocks declined for the fourth time in five days |
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|---|---|
| Link ID | 6801 |
| Title | U.K. stocks declined for the fourth time in five days |
| Url | http://www.businessweek.com/news/2012-02-10/u-k-stocks-fall-cable-wireless-communications-leads-decline.html |
| Description | U.K. stocks declined for the fourth time in five days, with the FTSE 100 Index extending its first weekly drop in a month, after euro-area finance ministers withheld a rescue package for Greece. Cable & Wireless Communications Plc sank 17 percent after cutting a forecast for its Panama unit. National Grid Plc retreated after JPMorgan Chase & Co. downgraded its recommendation on the utility. Anglo American Plc led commodity producers lower as metals prices declined. The benchmark FTSE 100 Index decreased 43.08, or 0.7 percent, to 5,852.39 at the close in London, for a 0.8 percent drop this week. The broader FTSE All-Share Index also retreated 0.7 percent today, while Ireland’s ISEQ Index fell 0.5 percent. |
| Category | Cnc Machines |
| Keywords | business companies economy headlines industry politics world |
| Date | Feb 11, 2012 |
| Contact Name | |
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