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BG Dips
But BG shares fell 2.8 percent, the worst
blue-chip performer. Traders said there was no specific news hitting the
stock but pointed out the shares have outperformed the FTSE 100 by over
13 percent in the past three months.
Banking stocks were mixed. Bradford & Bingley <BB.L>
edged higher after saying it was on track to meet market forecasts but
rival Abbey National fell 2.3 percent after analysts at Smith Barney
trimmed their price target on the stock and repeated a "sell" rating.
Still in the financial sector, fund manager
Amvescap <AVZ.L> trimmed some of its losses after unveiling higher
first-quarter profits. The Anglo-U.S. group also said funds under
management rose. Its shares were down 0.9 percent at 400p, creeping up
from a dip to 391p.
Among mid-cap players, engineer Invensys <ISYS.L>
jumped 3.5 percent after it struck a deal to sell its Powerware unit to
U.S. company Eaton Corp (nyse:
ETN –
news –
people) for $560 million.
Read the
entire article at:
Forbes
2004 Online Casino News Archive
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