Wednesday, July 25, 2007

U.K.'s FTSE 100 Drops Second Day, Led by Friends Provident, Punch Taverns

(Bloomberg) -- U.K. stocks slid for a second day,
paced by Friends Provident Plc and Resolution Plc after the
insurers agreed to merge.

Punch Taverns Plc paced a decline in pub owners after
Goldman, Sachs & Co. removed the shares from its ``conviction
buy'' list. Antofagasta Plc led mining companies lower as the
price of copper fell in Shanghai.


Read more at Bloomberg Stocks News

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