FTSE upbeat despite retail gloom

Retailers in the UK ran for cover today after a gloomy Christmas update from Waterstone’s owner HMV cast a shadow over a clutch of mid-cap firms.

FTSE upbeat despite retail gloom
Thu, 12 Jan, 2006 - 17:49

Retailers in the UK ran for cover today after a gloomy Christmas update from Waterstone’s owner HMV cast a shadow over a clutch of mid-cap firms.

Woolworths and WH Smith both lost ground after the HMV statement knocked confidence in the sector, while updates from the likes of H Samuel firm Signet added to the downbeat mood.

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CourtsBusinessHeathrowPlace: UKPerson: Justin KingPerson: Philip BowmanPerson: Ian RussellEvent: ChristmasOrganisation: FTSEOrganisation: WaterstoneOrganisation: HMVOrganisation: WoolworthsOrganisation: WH SmithOrganisation: H SamuelOrganisation: SignetOrganisation: SainsburyOrganisation: BootsOrganisation: Rio TintoOrganisation: Scottish PowerOrganisation: Allied DomecqOrganisation: Shire pharmaceuticalsOrganisation: Deutsche BankOrganisation: GUSOrganisation: ArgosOrganisation: HomebaseOrganisation: House of FraserOrganisation: OttakarOrganisation: Clinton CardsOrganisation: Photo-Me InternationalOrganisation: FootsieOrganisation: Cairn EnergyOrganisation: KazakhmysOrganisation: Royal & Sun AllianceOrganisation: Tate & LyleOrganisation: Cable & Wireless
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

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