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Ryanair profit warning drags down Easyjet shares
by Chris Marshall on Sep 04, 2013 at 09:00
And in Europe, both the Bank of England and European Central Bank will tomorrow announce their latest policy decisions, though neither is expected to do anything new. The chief of the eurozone’s bank, Mario Draghi, will follow up with a press conference.
A second reading of Eurozone GDP growth for the second quarter of the year was due at 10am UK time this morning, following the preliminary report that showed growth of 0.3%, marking an end to the bloc’s six quarter long recession.
In addition, PMI survey data for Europe will show whether that rebound continued into August.
Vodafone leads FTSE, Hargreaves lower
Investors didn't take kindly to a financial update from financial services provider Hargreaves Lansdown (HRGV.L), sending the shares down 3% to £10.01. The decline came despite a 31% hike in the company's full year dividend and 28% rise in full year profits.
Investors continued to assess Vodafone's (VOD.L) huge deal to offload its 45% stake in Verizon Wireless to Verizon Communications for $130 billion (£84 billion), with a 1.8% share price gain to 206p earning the telecoms company top spot on the FTSE 100, having fallen yesterday.
As part of the third largest deal in corporate history, $84 billion will be dished out to investors in cash and shares.
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