Retail stocks under pressure on FTSE

The FTSE 100 Index slid into the red today as retail stocks came under pressure for the second day in a row.

Wed, 20 May, 2009 - 18:26

The FTSE 100 Index slid into the red today as retail stocks came under pressure for the second day in a row.

Yesterday’s dividend cut from M&S cast a shadow over many players in the sector including Argos owner Home Retail Group and Currys and PC World firm DSG International.

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CourtsBusinessHeathrowPlace: USPlace: LondonPerson: US Treasury SecretaryPerson: Tim GeithnerOrganisation: FTSEOrganisation: M&SOrganisation: ArgosOrganisation: Home Retail GroupOrganisation: CurrysOrganisation: PC WorldOrganisation: DSG InternationalOrganisation: Bank of AmericaOrganisation: SainsburyOrganisation: DSGOrganisation: HalfordsOrganisation: Lloyds Banking GroupOrganisation: Credit SuisseOrganisation: BarclaysOrganisation: HSBCOrganisation: Royal Bank of ScotlandOrganisation: BG GroupOrganisation: Royal Dutch ShellOrganisation: BPOrganisation: US governmentOrganisation: Experian
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