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Markets

LSE Volume: 63 M
Avg Vol: 4,291 M -99%
Fallers
39
Unchanged 1
Risers
25

FTSE sags as supermarkets, Wall St head south

FTSE indices closed down at historic lows with hefty falls in supermarkets paving the way and the result of investors unimpressed by updates from Sainsbury (SBRY) and Tesco (TSCO). Wall St opened south following a string of economic data.

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.