Friday, June 29, 2007

U.K. Stocks Retreat, Paced by Segro, Liberty; Shares of Drax Group Slide

(Bloomberg) -- U.K. stocks declined, paced by Segro
Plc as HSBC Holdings Plc recommended investors reduce their
stakes in the property company. Liberty International Plc and
Hammerson Plc also fell. Standard Life Plc and Prudential Plc led
insurers lower.

Drax Group Plc declined after the utility said it sold
electricity at cheaper prices.


Read more at Bloomberg Stocks News

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