FTSE up despite retail fears

A profits warning from Currys and PC World parent Dixons Retail triggered declines for retailers today, but the news failed to drag the wider market down.

FTSE up despite retail fears
Wed, 30 Mar, 2011 - 13:42

A profits warning from Currys and PC World parent Dixons Retail triggered declines for retailers today, but the news failed to drag the wider market down.

The FTSE 250 firm saw shares plunge 18% as it revealed sales declines in the UK and Ireland worsened to 11% since Christmas and said it was considering pulling out of Spain.

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CourtsBusinessFTSEPlace: UKPlace: IrelandPlace: SpainPlace: RepublicPlace: MozambiquePlace: NorwegianPlace: SeaEvent: ChristmasOrganisation: FTSEOrganisation: CurrysOrganisation: PC WorldOrganisation: Dixons RetailOrganisation: Domino's pizzaOrganisation: DixonsOrganisation: CometOrganisation: Kesa ElectricalsOrganisation: Home Retail GroupOrganisation: ArgosOrganisation: HomebaseOrganisation: Marks & SpencerOrganisation: CBIOrganisation: BurberryOrganisation: Rio TintoOrganisation: RiversdaleOrganisation: Vedanta ResourcesOrganisation: BHP BillitonOrganisation: AberdeenOrganisation: Plexus Holding
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