UPDATE 1-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
UPDATE 1-Weak results weigh on FTSE 100, profit warning pummels Mothercare | Reuters Reuters Staff 3 Min Read * FTSE 100 down 0.4 pct at close, lags Europe * Micro Focus falls c.17 pct on weaker guidance * Baby goods retailer Mothercare sinks 27 pct on poor Xmas trading * Poor start to heavy week for UK retailers reporting (Adds details, updates prices at close) By Helen Reid and Kit Rees 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 nearly 17 percent after cutting guidance. The FTSE 100 underperformed European benchmarks, ending the session down 0.4 percent, with tech and health care the biggest weights. Mid-caps also fell 0.4 percent while small caps clung on to a 0.2 percent gain despite some big single-stock falls. Baby goods retailer Mothercare sank 27.5 percent to a record low after saying full-year profit would be much lower than
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