FTSE 100 Dips On Mixed Earnings
(RTTNews) - U.K. stocks were slightly lower on Thursday as investors reacted to mixed earnings results and awaited comments from Federal Reserve officials for additional clues on the rate outlook.
The benchmark FTSE 100 was down 32 points, or 0.4 percent, at 8,414 after rising 0.2 percent on Wednesday.
Oil & gas giant BP Plc fell 2.1 percent on going ex-dividend.
Lo-cost airline easyJet slumped 6 percent after posting a slightly larger than expected pre-tax loss of £350 million ($443 million) for the first half of the year.
Telecom company BT soared 11 percent after the new boss of the company set out a path to more than double free cash flow over the next five years.
Future Plc shares soared 13.7 percent. The publishing company announced a share buyback program of up to 45 million pounds ($57.1 million) after reporting a return to growth in the past quarter.
Software company Sage Group lost nearly 13 percent despite reporting a robust first-half performance.
TSX Ends Lower Again, Sheds About 1.7% In Week
Dollar Rises To Near 7-year High
Canadian Market Remains Weak Despite Paring Some Early Losses
Swiss Market Ends Weak For 2nd Straight Day
European Stocks Close Weak As Political Tensions, Rate Uncertainty Continue To Weigh
Pound Falls Amid Risk Aversion
U.S. Consumer Sentiment Unexpectedly Drops To Seven-Month Low In June
