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Markets

LSE Volume: 2,615 M
Avg Vol: 4,223 M -38%
Fallers
2,834
Unchanged 631
Risers
1,560

FTSE falls on twin ballast of supermarkets, resources

FTSE indices were down midday with hefty falls in big-ticket supermarkets the result of investors unimpressed by updates from Tesco (TSCO) and Sainsbury (SBRY). Wall St and Asian markets closed down overnight.

Tesco's £250m profit warning gets FCA probe

Tesco said the Financial Conduct Authority (FCA) has commenced a full investigation following the overstatement of expected profit for the half year.

MediaZest wins

MediaZest, the creative digital out-of-home advertising company, hass announces significant new contract wins.

Ferrum's losses

Ferrum Crescent posts a pre-tax loss of $2.6m for the year to the end of June - up from $1.9m last time.

blinkx confident

blinkx says it feels confident about its prospects going forward after taking decisive steps to fortify its business model and realign its resources.