FTSE slips into red

The London market slipped into the red today as investors gave the cold shoulder to a £2.1bn (€3bn) acquisition by aerospace and defence group BAE Systems.

FTSE slips into red
Mon, 07 Mar, 2005 - 12:27

The London market slipped into the red today as investors gave the cold shoulder to a £2.1bn (€3bn) acquisition by aerospace and defence group BAE Systems.

The FTSE 100 Index surrendered earlier modest gains to stand 8.8 points off at 5027.5 by mid-morning.

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CourtsBusinessHeathrowPlace: LondonPlace: USPlace: New YorkPlace: UKOrganisation: FTSEOrganisation: BAE SystemsOrganisation: BAEOrganisation: United Defense IndustriesOrganisation: London Stock ExchangeOrganisation: Deutsche BoerseOrganisation: FootsieOrganisation: Federal ReserveOrganisation: ReutersOrganisation: Lehman BrothersOrganisation: GlaxosmithklineOrganisation: Aggregate Industries
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