Thursday, July 26, 2007

FTSE 100 Drops, Paced by Legal & General, Home Retail Shares; Shell Climbs

(Bloomberg) -- The U.K. FTSE 100 Index dropped to a
four-month low, paced by insurers after Legal & General Group Plc
said flood claims and a slowdown in new business held back first-
half profit. Prudential Plc dropped.

Home Retail Group Plc paced a retreat in retail shares,
while Bradford & Bingley Plc led banks stock lower as earnings
missed analysts' estimates.


Read more at Bloomberg Stocks News

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