• Most Popular
  • Most Shared

STOCKS NEWS EUROPE-UK Small Caps flat early on

Fri Jul 3, 2009 3:32am EDT

Stocks

   

The FTSE small cap index .FTSC is flat in early morning trade, just underperforming the blue chip .FTSE index, up 0.3 percent following sharp falls on Thursday, with the mid cap .FTMC up 0.1 percent.

With U.S. markets closed on Friday for a holiday ahead of Independence Day, overall trading looks to remain fairly lifeless, with little corporate news to provide any features.

Photo-Me (PHTM.L) is the biggest small cap riser, up 6.8 percent in continuing reaction to Thursday's full-year results which showed a 17 percent rise in EBITDA, with investors cheered by the debt outlook for the photo booths operator.

Home shopping and education supplies firm Findel (FDL.L) also finds support, up 3.6 percent ahead of its annual general meeting, due Friday.

Reuters Messaging rm://jon.hopkins.reuters.com@reuters.net


More from Reuters

Volvo Cars says sale to Geely not yet finalized

STOCKHOLM (Reuters) - U.S. carmaker Ford has not yet inked a deal to sell its Volvo Cars unit to China's Zhejiang Geely a spokesman for Volvo said, after Swedish television reported on Wednesday an agreement had been signed.

» More Top News
Malaysians participate in computer attack and defence hacking competition during The 3rd Annual Hack-In-The-Box Security Conference 2004 in Kuala Lumpur on October 6, 2004. REUTERS/Bazuki Muhammad
Commentary:

Year of the breach

Data security breaches are nasty business and should be avoided at all costs, writes Kevin Prince, a chief technology officer at Perimeter e-Security. Here's a look at the biggest breaches and blunders of 2009.  Commentary 

Technology
A condominium under construction is seen in Miami, Florida October 15, 2007. REUTERS/Carlos Barria

Booming in the bust

For most Americans, the housing market collapsed about four years ago. For three real estate heavyweights, it's just getting started.  Full Article 

Housing Market