London shares close lower as sentiment hit by Unilever, Colgate
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Leading British shares ended the session lower as profit warnings from consumer good groups Unilever and Colgate-Palmolive and the rise in the price oil spooked investors on both sides of the Atlantic, dealers said.
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European shares opened weaker on  Tuesday, tracking a late dip on Wall Street as Colgate sparked  fresh earnings fears and on strong oil prices, but Tesco rose  after thumping first-half profit expectations.
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Leading shares closed at a day&#39;s high, while Wall Street remained lower, with the blue chips bouyed by gains in Cadbury Schweppes after the group announced it is planning to sell its Butterkist popcorn brand.
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NEW YORK - A grim combination of higher oil prices and lowered outlooks from companies including Colgate-Palmolive Co., Unilever PLC and The New York Times Co. sent stocks sliding Monday...
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UK blue-chips closed lower, with mining and oil stocks weighing on the FTSE 100, while losses on Wall Street added to investors concerns.
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Blue chips closed lower off highs as Wall Street remained lower with interest rate sensitive sectors such as retailers bearing the brunt of the falls with a disappointing update from DSG International helping to weigh down the FTSE 100.
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Unilever PLC, the Anglo-Dutch consumer products maker, said Wednesday its business suffered from weak demand and poor weather in the third quarter, with sales of Ben & Jerry's ice cream and Lipton Tea falling.
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Stocks dropped yesterday as Colgate-Palmolive and Unilever cut profit forecasts, fueling concern that earnings growth is slowing at a time when borrowing costs are headed higher.
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London shares fell on Tuesday as investors reacted to fresh banking sector losses linked to the subprime housing crisis in the United States.
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UK blue chips closed lower as Wall Street remained weaker after disappointing inflation data with Alliance & Leicester down after reporting a fall in core operating profit, held back by large scale write-downs.
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Leading shares closed lower after Marks and Spencer lost nearly 20 percent of its value after revealing it had endured its worst quarterly performance in several years, while BP was on the back foot after analysts slashed forecasts.
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Leading shares closed sharply lower, impacted by losses on Wall Street after weak US economic data raised concerns of a further economic slowdown, with options expiries and UK banking stocks also weighing.
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London shares closed lower after a volatile session that saw the FTSE 100 cover a 326-point range, with oil shares lower on weaker crude prices and cell phone maker Motorola adding to a gloomy corporate picture by posting a dramatic slide in earnings.
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London stocks ended lower on Wednesday as Bradford & Bingley kicked off the bank reporting season in worrying fashion.
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Leading shares have closed over 150 points lower after weak ISM data reignited fears about the state of the US economy, weighing heavily on Wall Street and particularly hitting the UK's retail sector and housebuilders.
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UK blue chips closed just off session lows today, dragged down by further losses on Wall Street, while fresh weakness across the mining sector and profit taking in Carnival and William Morrison also weighed.
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Leading shares closed a touch weaker today, well off session lows in-line with a rally from lows on Wall Street with concerns about the impact of China&#39;s decision to triple stamp duty seen as being overdone, dealers said.