Wednesday, July 11, 2007

U.K.'s FTSE 100 Benchmark Index Declines; Shell, BP, HSBC Shares Lead Drop

(Bloomberg) -- U.K. stocks fell for a second day,
led by Royal Dutch Shell Plc and BP Plc after Goldman, Sachs &
Co. downgraded the energy companies' shares and crude oil
retreated.

HSBC Holdings Plc and HBOS Plc declined on concern losses in
subprime mortgages in the U.S. will erode economic and earnings
growth.


Read more at Bloomberg Stocks News

No comments: