London afternoon: Footsie undecided (ShareCast)

LONDON (ShareCast) - Big changes, both negative and positive, have been seen on leading shares today but the net effect is to leave the Footsie little changed on the day. Plumbing supplies firm Wolseley (LSE: WOS.L - news) leads the risers even though it reported a 77% drop in full-year pre-tax profits. Shareholders were cheered by news that the company does not intend to issue new equity to raise cash. Higher... [read full story]                    

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