Tuesday, June 19, 2007

U.K.'s FTSE 100 Index Falls, Paced by Tesco on Slowing Sales; Capita Gains

(Bloomberg) -- U.K. stocks fell, led by Tesco Plc.
Shares of the nation's largest supermarket chain tumbled the most
in almost two years after it reported sales growth in the first
quarter that trailed analysts' estimates.

Marks & Spencer Group Plc, the U.K.'s largest clothing
retailer, also declined. Capita Group Plc rallied after Citigroup
Inc. recommended buying shares in the operator of London's
traffic congestion charge.


Read more at Bloomberg Stocks News

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