Wednesday March 18, 12:35 PM
Glance-STOCKS NEWS EUROPE-UK small caps steady by midday
STOCKS NEWS Reuters Results diary
Stocks on the move Real (Frankfurt: BJU.F - news) -time
Equity News
12:20GMT 18March2009-UK small caps steady by 0.1 percent midday
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The FTSE Small Cap index is steady in midday trade, in line with the
midcaps, while the blue chips shed 0.9 percent.
Fashion retailer and wholesaler French Connection (LSE: FCCN.L - news) falls more than 7
percent after it posts a full-year underlying pretax loss of 5.5 million pounds
against a profit of 3.1 million pounds the previous 12 months, and says it is
preparing for another difficult year.
Oil and gas company BowLeven (LSE: BLVN.L - news) skyrockets over 150 percent after
saying it has received an offer approach from an unnamed party pitched at 150
pence, over three and a half times the level of Tuesday's closing price for the
stock of 41 pence per share.
For more on French Connection double click on; for more on
BowLeven double click on
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