FTSE100 drops; Entertainment One falls on debt woes
The FTSE100 was also on its way down, losing around 70 points, or 1.1% to 6,151.
Company
Hornby PLC
LON:HRN
Hornby is principally engaged in the development, production and supply of hobby and toy products. It distributes its products through a network of specialist and multiple retailers throughout the United Kingdom and overseas. Brands include Hornby, Scalextric, Electrotren, Lima, Jouef, Rivarossi and Corgi.
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Investments and investor services
Markets: Chinese data hits miners sending FTSE100 lower
The miners contributed to a 9 point fall for the FTSE100, which stood at 6,214 around 9am.
Hornby profits hit the buffers
Hornby made an underlying loss of £3.4mln in the six months to September 30
London pre-open: Small step back expected
Weak trade data from China this morning has offered no encouragement to the bulls
Tuesday’s agenda – EnQuest investors await Alma/Galia insight
With crude oil prices at around seven year lows it is going to take something spectacularly reassuring to excite EnQuest investors tomorrow morning
Week Ahead: MPC unlikely to rock the boat
The Bank of England's Monetary Policy Committee is expected to leave its base rate unchanged; the question is, how many committee members will vote for change?
Risers and Fallers: Lonmin, Speedy Hire, Experian, Drax, Kuala and Sovereign Mines
Below are the main news-driven share price movements at 4pm.
Hornby issues profit warning as Europe turnaround effort picks up
It is revamping its supply network across Europe, following the success of its UK turnaround.
Archive
Market falls on Greek uncertainty
Traders sit tight as stand-off between Greece and creditors continues
Hornby unveils move to AIM as profits get back on track
Model railway maker secures £15mln to pay off debt
Archive
Top flight opens lower amid Greek jitters and Euro finance talks
FTSE 100 Index trades 16.57 points adrift at 6663.98
FTSE 100 dragged higher in US's slipstream
A firm start on Wall Street encouraged a rally in London