Business Services Industry
Evening Standard, London, Market Report Column.
Knight Ridder/Tribune Business News, March, 2004
By Mickey Clark, Evening Standard, London Knight Ridder/Tribune Business News
Mar. 31--Blue-chip companies struggled to make headway today as many of them went ex-dividend.
Five of the biggest dozen fallers among the top 100 companies were being quoted ex the payment to shareholders. They were Legal & General, down 21/2 pence to 96 pence, Scottish & Newcastle, 121/4 pence to 4191/2 pence, Shell, 91/4 pence to 358 pence, Exel, 101/2 pence to 718 pence, and Kingfisher, 3 pence to 2871/4 pence.
This was the equivalent of a seven-point fall in the FTSE 100 index, which subsequently traded 1.6 points down at 4411.2.
News of another major cost-cutting program at music producer EMI enabled the shares to put on 163/4 pence at 2733/4...
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