Profits warning fail to dampen FTSE

The London market was kept afloat by mining giants today after the owner of Currys and PC World issued a profits warning triggering declines among retailers.

Profits warning fail to dampen FTSE
Wed, 30 Mar, 2011 - 18:44

The London market was kept afloat by mining giants today after the owner of Currys and PC World issued a profits warning triggering declines among retailers.

FTSE 250 firm Dixons Retail 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: LondonPlace: UKPlace: IrelandPlace: SpainPlace: RepublicPlace: MozambiquePlace: Norwegian North 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: CentricaOrganisation: AberdeenOrganisation: Plexus HoldingOrganisation: FootsieOrganisation: American TobaccoOrganisation: PetrofacOrganisation: Lloyds Banking Group
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