Marconi suffers on rough day for Footsie

Telecoms equipment giant Marconi is suffering on the London Stock Exchange after news emerged that merger talks between international rivals Alcatel and Lucent had broken down.

Marconi suffers on rough day for Footsie
Wed, 30 May, 2001 - 14:40

Telecoms equipment giant Marconi is suffering on the London Stock Exchange after news emerged that merger talks between international rivals Alcatel and Lucent had broken down.

Sentiment has also been hurt by a profits warning from French group Alcatel, and shares in Marconi are down more than 7% or 29½p at 364½p.

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