Weak results weigh on FTSE 100, profit warning pummels Mothercare [Reuters]
Micro Focus Intl PLC ADS each representing One Ord Sh (MFGP)
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Source: Reuters
Weak results weigh on FTSE 100, profit warning pummels Mothercare | Reuters Reuters Staff 4 Min Read (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) * FTSE 100 flat, underperforming European markets * Micro Focus falls 14 pct on weaker guidance * Baby goods retailer Mothercare sinks 27 pct on poor Xmas trading * Poor start to heavy week for UK retailers reporting By Helen Reid LONDON, Jan 8 (Reuters) - Ripples through the retail sector dented British stocks on Monday as small-cap Mothercare sank by a third after a profit warning, while software firm Micro Focus dropped 13 percent after cutting guidance. The FTSE 100 underperformed European benchmarks, holding flat, with tech the biggest weight. Mid- and small-cap indexes held onto gains of 0.1 percent despite some significant single-stock falls. Baby goods retailer Mothercare sank 27 percent to a record low after saying full-year prof
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